Cost Control Lead

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JOB DESCRIPTION

Cost Control Lead

Job Purpose

Lead and manage Project cost control activities, including estimating, forecasting, budgeting and cost reporting, to ensure effective cost management and provide accurate and timely cost information to support Project decision-making and delivery.

Reporting and Relationships

* Reports to Business Division Manager.

* Direct reports: none.

Internal

* Frequent contact with Beach Valve Project organization and Project Accounting Team

* Frequent contact with other departments within Major Projects and including Project Management Teams, Supply, Finance, Onshore Operations and Subsurface.

External

* Frequent contact with Beach Valve Project EPC contractor and its sub- contractors/vendors.

* Periodic contact with stakeholders and shareholders.

Job Context & Major Challenge(s)

* Operates within a complex major-project environment where cost estimates, forecasts and expenditure profiles evolve as the Project progresses from concept development through execution.

* A key challenge is maintaining cost estimate accuracy and confidence despite evolving scope definition, engineering maturity and execution assumptions, particularly during project development and Project Management System (PMS) Gate progression.

* The role operates in an environment involving multiple cost interfaces across Company, Project Management Teams, contractors and vendors, requiring consistent and reliable cost information throughout the Project lifecycle.

* Cost performance can be significantly influenced by scope changes, contractor estimates, and emerging Project risks, creating a continuing challenge in maintaining an accurate view of forecast final cost and funding 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.

Key Job Accountabilities

1. Lead Project cost control activities to ensure effective management of approved budgets and accurate visibility of Project cost performance.

2. Develop and maintain Project cost estimates and forecasts to provide reliable projections of expenditure and forecast final cost.

3. Manage Project cost planning and reporting to ensure timely and accurate cost information supports management decision-making.

4. Develop and maintain Project cost deliverables for Project Management System (PMS) Gates to support Project approvals, funding decisions and progression through the Project lifecycle.

5. Prepare and maintain Project funding requirements to ensure adequate and timely funding is available to support planned Project activities.

6. Manage Project cost databases and benchmarking information to support cost validation, estimating and future Project decisions.

7. Assess cost impacts of Project changes and Change Orders to ensure changes are accurately valued and Company commercial interests are protected.

8. Monitor Contractor cost performance and forecasts to identify emerging cost trends, variances and potential impacts to the Project.

9. Evaluate Project cost risks and opportunities to ensure potential cost exposure and savings are reflected in forecasts and management decisions.

10. Provide cost input to Project reviews and assurance activities to ensure cost estimates, forecasts and funding requirements are appropriately represented in Project decisions.

Qualifications

* Bachelor's degree in Business, Accounting, Commercial, Marketing, Sciences, Engineering, Project Management, Supply Chain Management, Law, Communication, Technologies, Mathematics, and Statistics

Knowledge and/or Experience

* 8 years experience in business related function or discipline, including 4 years in the Oil & Gas Industry, and including 1 year experience in a supervisory or acting role, or oversight of contractor/subcontractors/ service/vendor personnel.

Technical and Business Skills

* Experience in project cost control with oil and gas companies, EPC contractors, sub-contractors, vendors or service companies, preferably on fast-track brownfield projects within operating facilities.

* Strong knowledge of cost estimating, budgeting, forecasting, commitments, expenditure, accruals, cash flow and cost reporting, with an understanding of planning, scheduling, procurement, claims and pre- and post-award contract management.

* Knowledge of international cost engineering standards, best practices and methodologies for estimate development, estimate maturity, benchmarking, contingency assessment and cost performance measurement.

* Subject matter expertise in project cost control, including validating contractor estimates and forecasts, analysing variances and trends, and assessing the cost impacts of changes and Change Orders.

* Knowledge of relevant Company business processes and procedures, including Project Management System (PMS) Gate cost deliverables, funding approvals, Delegation of Authority, change management and cost assurance requirements.

* Experience applying risk-based cost assessment to decision-making, including evaluating uncertainty, contingency, cost exposure and opportunities associated with evolving scope, execution sequencing and shutdown requirements.

* Strong proficiency in project cost management systems, SAP, spreadsheets, dashboards and data analytics to maintain reliable cost data and provide clear, actionable management reporting.

* Experience supporting integrated project and operating organizations, coordinating cost inputs across Project Management Teams, Operations, Finance, Supply and contractors, and communicating cost implications to support timely BVS Project decisions.

Equal Opportunities:

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