Client > Management Consulting Company, in the need to staff multiple projects with Clients, focusing on Procurement activities and Supplier management
Role purpose > The Cost Management Director will lead high-impact cost management initiatives for a key client in the power sector. This role requires deep expertise in cost structures, activity-based costing (ABC), and extensive experience in delivering cost optimization projects within the power and utilities industry. The ideal candidate will bring a strategic perspective, leveraging their sector knowledge to design and implement scalable frameworks, validate cost allocations, and identify efficiency opportunities to support the clients long-term operational and financial goals
Tasks > Lead the design and implementation of cost management strategies tailored to the power sector. Apply advanced Activity-Based Costing (ABC) methodologies to improve cost transparency and validate cost allocation mechanisms. Conduct benchmarking against industry best practices to identify cost optimization opportunities. Identify inefficiencies, non-value-adding activities, and potential areas for process improvement or automation. Deliver high-quality project outputs, including cost models, benchmarking studies, and strategic recommendations, in alignment with project timelines and client expectations. Perform detailed analyses of cost drivers across operational and support functions. Develop robust financial and operational models to evaluate current cost structures and identify areas for scalability. Prepare and deliver compelling presentations and reports that distill complex analyses into actionable insights
Requisites > Bachelors degree in Finance, Economics, Engineering, Business, or a related field (mandatory). Consulting attitude; Minimum 9 10 years of experience in cost management, with a proven track record in the power and utilities sector. Extensive experience with Activity-Based Costing (ABC), cost allocation frameworks, and industry benchmarking. Hands-on experience managing multiple cost optimization projects, with demonstrated success in delivering results in complex operational environments; Masters degree or MBA preferred but not required. Advanced proficiency in Excel, PowerPoint, and financial modelling tools. Familiarity with data visualization and cost management software (e.g., Power BI, Anaplan, SAP, or Oracle Hyperion).
Workload/Location> Full-time, Abu Dhabi, on ground
Start-date > Immediate need > the Candidate needs to give availability within 15-20 days after Engagement Confirmation Letter
Period of engagement > 6 months + potential hiring
Rate > able to attract more qualified candidates