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Lead of Cost Control
DohaLocation
Doha
19 days ago
Posted date
19 days ago
Mid-levelMinimum level
Mid-level
OilfieldJob category
Oilfield

Lead of Cost Control COMP2

Job Purpose

Provide expert professional advice and guidance in allocation, planning and stewardship for costs and expenditures for NFPS Compression Project. Develop and modify procedures to meet specialised business requirements, providing advice and guidance to all team members as required.

Key Accountabilities

(Duties include but not limited to)

  • Develop efficient cost services and provide expert advice on cost accounting, allocation, planning and control issues to ensure effective processes are utilised throughout the project life cycle.

  • Review and evaluate assumptions and cost plan data to ensure cost centre owners and project management are fully appraised on cost governance requirements and the project complies with approved budget.

  • Identify opportunities to standardise cost and expenditure processes and procedures recommending solutions for cost issues to ensure compliance and project objectives are achieved.

  • Provide Funding Packages submittals i.e. Advance Commitments (AC's), Full Funding (FF) and Supplementary Funding wherever required, to ensure that all necessary funding is provided.

  • Develop and maintain a cost and man-hours information database, benchmarking data to provide support for estimating requirements as required.

  • Review cost related procedures, recommending improvements to achieve project goals and ensure cost related initiatives, procedures and activities are understood and followed by all project personnel.

  • Participate in corporate governance activities such as Gate reviews, Independent Project Reviews (IPRs), Cold Eye Review (CER), Constructability Reviews (CRRs) and internal audits as Cost Subject Matter Expert.

  • Provide timely project controls/change management expert advice to Project Management Team (PMT), as well as monthly cost reports highlighting any emerging situations such as cost overruns or re-baseline ensuring project deliverables are achieved.

  • Able to estimate the cost for potential change orders with the EPC Contractor. Has extensive experience in cost estimating for projects

  • Manages the Management of Change process for large capital project

Reporting and Relationships

Reports to Business Manager of NFPS Compression COMP2

Internal

Regular interaction with NFPS Compression Shared Services organisation. Frequent communication with other departments within QatarEnergy LNG including Finance and Subsurface/Development Planning, etc.

External

Regular contact with Auditors and other government entities.

Occasional interaction with QE and shareholders.

Job Context & Major Challenge(s)

To maintain shareholder cost estimate confidence throughout the duration of the project by developing detailed cost planning models, analysis and reports to advise, guide and recommend appropriate changes to processes and procedures to meet business requirements

Minimum Requirements

Technical and Business Skills

  • Excellent written and spoken English skills.
  • Strong analytical, commercial and problem solving skills.
  • Strong organisational and time management skills.
  • Good communication and interpersonal skills.
  • Computer literate in all Microsoft office packages and some technical packages.

Behavioural Competencies

  • Well-developed interpersonal skills and the ability to influence decisions using presentation, negotiation and facilitation skills.
  • Ability to interact with project management team and Contractors confidently.

Qualifications

Bachelor Degree in relevant discipline.

Knowledge and/or Experience

8 years' experience in cost allocation, estimation, planning and expenditure working within a Project environment in the oil and gas industry. Experience of working in SAP/BI environment is preferable. Must be able to have the capability to technically grasp the project scope of work and execution strategies.

Generic Accountabilities - All

Financial Dimension

As defined for this job level in the Delegation of Authority and/or approved budget.

Safety Health & Environment

Ensure all activities are undertaken in compliance with Company Safety, Health and Environment and Quality policies, regulations and standards.

Qatarization Program

Contribute to the development of Qatari employees. This accountability is a condition of employment for expatriate employees.

Firewall Compliance

Ensure all activities undertaken comply with anti - trust and competition laws and the Company firewall policies and procedures.

Technical and Business Skills

  • Undertakes complex tasks and acts as a source of guidance for staff and internal customers. Is expected to handle all but the most complex problems and difficulties that might arise.
  • Takes initiatives, based on experienced gained, to deliver timely and cost effective service.
  • Sets situations/issues in the context of the entire team and has an appreciation of the wider relationships with other people and organizations.
  • Works independently within established procedures, plans and budgets and contributes to the development of these.
  • Has autonomy over scheduling and planning of own work; organizes efforts of work group to achieve overall efficiency.

Operating Environment, Framework & Boundaries

  • Works in a project environment in which the incumbent strives to achieve best in class Safety, Health, Environmental & Security performance by creating a culture that encourages everyone to perform their best every day on every task
  • Works in a dynamic team environment that has high expectations for flawless project execution in safety, quality, cost and schedule performance which requires the incumbent to demonstrate accuracy, initiative and the ability to multi-task as essential skills.
  • Works in an evolving business environment where expansion opportunities are being identified on a continuous basis adding additional complexity and workload to the existing project environment.
  • Works effectively within established policies and procedures and participates in the further development of these to meet changing needs.
  • Understands organizational authority and seeks appropriate line management approvals
  • Works in a highly visible project environment with large capital expenditures and significant schedule execution pressures.


Decision Making Authority & Responsibility

  • Makes decisions and solves problems related to a specific discipline/field.
  • Establishes credibility with peers, sub-ordinates and supervisors.
  • Exercises judgment in making decisions; knows when to seek advice. Understands organizational authority and seeks appropriate line management approvals.

Problem Solving & Complexity

  • Good supervisory skills.
  • Utilizes a systematic approach to problem solving that ensures accuracy, timeliness and quality of documentation in resolution.
  • Manages complex tasks to completion within time constrains of Project, with minimal guidance from more experienced staff.
  • Manages the resolution of problems in more demanding and less familiar situations using precedent and own acquired knowledge.
  • Good written and verbal communications skills.

Equal Opportunities:

First People Solutions is committed to equal opportunities regardless of gender, race, disability, sexual orientation, religion or belief and age.

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JOB SUMMARY
Lead of Cost Control
Doha
19 days ago
Mid-level
Full-time