Head of Cost Control (Offshore Project) in Doha: Profession with future

Qatar, Doha, .

Fulltime: 60 hrs a week

Experience: 5 years

Closing: 17 December 2024

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Introduction

Provide expert professional advice and guidance in allocation, planning and stewardship of costs and expenditures for Offshore Compression Project and develop and modify procedures to meet business requirements during project phases.
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.
Lead a multi culture cost team assigned in different locations during the phase.
Major challenges include (i) operating in a dynamic team environment in a highly visible project with large capital expenditure and significant schedule execution pressures and (ii) delivering accurate and flawless performance in respect to safety, quality, cost and schedule demonstrating multi-tasking, flexibility and initiative to meet evolving business needs.

About this role

Develop and maintain a set of Project Cost Control procedures, guidelines and flow charts to meet project requirements along with a standard cost reporting process across all project Contracts.
Ensure cost data integrity across all Contracts and make sure cost information is accurately compiled and reported to Project Management to provide visibility on overall project cost status and performance.
Direct project team and provide guidance and expertise to Project Cost Engineers assigned to each one of the and ensure common understanding and standardized practice of cost control processes in terms of Value Of Work Done (VOWD) reporting, forecast updates, contractors’ change orders, trend and contingency management and expenditures allocation.
Develop a unified cost allocation mechanism across project to allow accurate cost sharing of common expenses mainly Operation and owner’s cost.
Support the Business Manager and lead the financial input into Funding Packages submittals, e.g. Advance Commitments (ACs), Full Funding (FF) and Supplementary Funding wherever required, to ensure that all necessary funding is provided.
Development of Forecast cost estimates and preparation of annual Work Program and Budget (WP&B) taking full consideration of project scope, progress achieved and pending to complete scope.
Develop and maintain Work Breakdown Structure (WBS) and Cost Breakdown Structure (CBS) for the overall Onshore project consistent with project scope and reporting structures requirements across project.
Facilitates the monitoring of FEED and contractors and project’s cost performance comparing to agreed control plans and recommends corrective plans as required during project execution with the appropriate PMT personnel.
Advise Head Project Controls and Project Leadership Team of any potential cost issues, provide guidance on corrective action and measures to mitigate any adverse trends.
In conjunction with Head Project Controls develop and implement corrective actions and recovery plans ensuring these are implemented in a timely manner.
Provide support for tenders technical evaluations during phase by developing Tender Evaluation Plans, facilitating and coordinating the technical evaluation process, developing Technical Bid Evaluation reports and getting required approvals from project management and committees.

Is this you?

Bachelor Degree in Finance, Engineering, Construction Management related subjects or relevant experience.
12 years’ experience in Project Cost Control for oil and gas capital projects, of which a minimum of 5 years is in field scheduling together with a thorough and extensive knowledge of Project Controls principles, theories and concepts.
Previous experience on major projects, from an Owner’s perspective, managing Lump Sum Contracts, working with multi-lingual contract teams with large local subcontractors and mentoring Developees is required.
Knowledge of practices, processes and expectations with respect to cost controls is desirable.
Excellent written and spoken English skills.
Strong analytical, commercial and problem-solving skills.
Strong organizational and time management skills.
Good communication and interpersonal skills.
Good collaboration and team working skills.
Proficient in Microsoft office packages and some technical packages.