Cost Control Lead

Location: Paris, FR
Contract duration: 1 year with possibility of extension
Project: CO2 Sequestration Project
Open to: European Union citizens
Recruitment Partner: Airswift
Recruiter: Vitória Hungaro

Keywords: Oil and gas, Cost Control, Cost allocation, estimation, planning, tender preparation, contract management.

Our Company
We are currently recruiting for a Cost Control Lead to be placedin Paris, FR on a 36 months contract, with possibility of extension.

Responsibilities

• Provide advice on cost management including estimating, forecasting, reporting, allocation, planning and stewardship for costs and expenditures within NFW Onplot Project. Monitors the Contractor's performance in the area of changes and control and provides advice as necessary to make certain the Company's objectives are achieved. Develop and modify procedures to meet specialised business requirement as well as provide advice and guidance to team members.
• Understand the key project drivers, define roles and responsibilities, develop communication protocols, identify, develop and implement project procedures for cost estimating/control.
• The role requires providing cost management expertise by developing detailed cost planning models, project cost estimate, analysis, and reports to advise, guide and recommend appropriate changes to processes and procedures to meet business requirements.
• The prime objective of cost control/estimating is to improve project performance by anticipating issues, avoiding negative situations and reducing the frequency of poor outcomes.
• Major challenges include (1) operating in a dynamic team environment in a highly visible project with large capital expenditure and significant schedule execution pressures and (2) delivering accurate and flawless performance in respect to safety, quality, cost and schedule demonstrating multi-tasking, flexibility and initiative to meet evolving business needs.
• Ensure all activities are undertaken in compliance with Company Safety, Health and Environment and Quality policies, regulations and standards.
• Contribute to the development of Qatari employees. This accountability is a condition of employment for expatriate employees.
• Ensure all activities undertaken comply with anti - trust and competition laws and the Company firewall policies and procedures.
• Develop efficient cost services and provide expert advice on cost estimating, forecasting, accounting, allocation, planning, reporting 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.
• Provide financial input into Funding Packages submittals such as Advance Commitments (ACs), Full Funding (FF), Supplementary Funding whenever required and recommend budget transfers to ensure that all necessary funding is provided, and Project Cost at Completion is aligned with the approved budgets.
• Develop and maintain a cost and man-hours information database, benchmarking data to provide support for estimating requirements as required.
• Able to estimate the cost for potential change orders with the FEED/EPC Contractor. Has extensive experience in cost estimating for major projects.
• Forecast cost estimates and prepare 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 project consistent with project scope and reporting structures requirements.
• Facilitate the monitoring of 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. Monitor, review and endorse Contractor deliverables in terms of VOWD reporting, Trend Management and Earned Value Analysis.
• Advise Project Leadership Team of potential cost issues as early enough to mitigate, provide guidance on corrective actions 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.
• Verify Project Commitments in line with approved budgets and ensure all change orders are dully submitted (about contractual compliance) and are subject to proper Management approval. Develop inhouse cost reporting solutions for managing Project Cost ensuring accuracy, integrity and consistency of data.

Skills / Qualifications

• Bachelor degree in Engineering or Business degree related subject or equivalent experience.
• AACE certification is preferable but not compulsory.
• Minimum 10 years' experience in cost allocation, estimation, planning and expenditure working within a major project environment in the oil and gas industry (preferably Onshore), with exposure in project controls, cost and schedule development, tender preparation and contract management.
• Experience of working in SAP environment is preferable.
• Excellent written and oral English skills.
• Strong planning, organisational and prioritising skills.
• Strong negotiating and influencing skills.
• Good communication and interpersonal skills.
• Good computer literacy skills (Word, Excel and PowerPoint).
• Intermediate level understanding of Power BI
• Good presentation skills and well versed with cost control/estimating tools.

The next step
We have an exceptional team in place, and we are pleased to be able to appoint a further person to our growing business. We are aware that you may not 'tick all the boxes', but if you believe you can genuinely offer some valuable skills and experience to our business, please in the first instance contact our recruitment partner Airswift.