Cost Control Lead

---

JOB DESCRIPTION

Cost Control Lead

· 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.

Reporting and Relationships

· Reports to Head of Cost Control · Direct reports: None Internal · Frequent contact with NFPS Compression Shared Services organisation.

Frequent communication with other departments within including Finance and Subsurface/Development Planning, etc.

External · Frequent contact with Auditors and other government entities, occasional

interaction with 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.

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.

Key Job Accountabilities (High level, brief description of the top 8-10 accountabilities - maximum is 10. Only add what is unique to this job, exclude generic accountabilities. Do not include how the job is done.)

1. 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.

2. 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.

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

4. 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.

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

6. 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.

7. 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.

8. 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.

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

10. Manages the Management of Change process for large capital project.

Qualifications

· Bachelor Degree in Engineering, Project management or Accounting/finance.

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.

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.

Equal Opportunities:

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