Lead Cost Control

Dubai, United Arab Emirates

Job Description

BH-248928 Posted: 10/10/2023
Negotiable
United Arab Emirates Dubai
Contract
Oil & Gas
NES Fircroft are looking for a Lead Cost Control to join a major operator in the UAE supporting a multi billion dollar project.

As the Lead Cost Control you shall be responsible for the development and monitoring of budgets; challenging the expenditure; and forecasting of future spend, all of which are fundamental and essential in enabling the project to improve the control of costs and accurately plan/budget for the future.

The Lead Cost Controller shall manage a small team of cost controllers within Company PMT or Project Management Consultancy (PMC) Team. The purpose of the project is it intends to provide treated seawater to the oil fields in southern Iraq (for injection) and the budget of the this project is circa $3Bln.

Accountabilities
  • Participate in the budget preparation: support Project Director and Project Control Manager in presenting anddefending the budget in front of Partners and Authorities.
  • Prepare for issuance the necessary Project, Partners /Authorities, Group cost information and data.
  • Organise, co-ordinate and control all the activities of the Cost Control team by informing, supporting, directingand training relevant personnel in their roles, responsibilities and objectives.
  • Propose and agree with Project and Headquarters Finance departments the Project WBS and Cost codingstructure.
  • Ensure the correct implementation of and propose improvements to Project and Corporate procedures, meansand tools in order to ensure the efficient organisation and operation of the Project Cost Control activities.
  • Participate (from Cost Control point of view) in the preparation / consolidation and review of the various Projectbudgets and updates (internal and external / Annual and Multiyear) with inputs from the members of the Project Team, and provide \xe2\x80\x9cad hoc\xe2\x80\x9d economics support as required.
  • Provide the necessary checks, approval functions for invoices submitted, in accordance with Contracts, Project& Company procedures, Sarbanes & Oxley requirements and DoA.
  • Provide input into the UNISUP System, regarding payment schedules (cash calls), invoicing and cost controlissues as required.
  • Assist in the cost assessment of any contract variations and identify any Project cost trends, drifts, variancesdata update and maintain the Project Final Cost Estimate, prepare the Monthly Cost Report with comments.
  • Liaise actively with the Finance Department for all matters related to cost and accounting as required(Commitments, invoice processing and payment, accruals, payment claims and disputes)
  • Ensure strict confidentiality of all the Budget and Cost documentation DocuSign

Responsibilities
  • Organise, co-ordinate and control all the activities of the Cost Control team by informing, supporting anddirecting personnel in their roles, responsibilities and objectives
  • Co-ordinate, perform and control the activities of the Project Cost Control function.
  • Prepare, analyse, evaluate, process and present information and documentation relating to the Project budget and cost control activities.
  • Provide upon request from Management, key and reliable information with relevant supporting comments onthe project execution in order to be in position to control and monitor the Estimated Final Costs.
  • Provide upon request from Finance, for the budgeting exercise purpose, relevant information onthe budgets, estimates, and performance (figures, comments and pertinent analysis) towards the Finance division.

Qualification / Experience Required:
  • Engineering/bachelor\xe2\x80\x99s degree in accounting, finance or another related field
  • 10+ years\xe2\x80\x99 experience in Cost control.
  • Project experience and local experience is preferred
  • Strong knowledgeof Company Finance and Cost control processes
  • Advanced knowledge & experience in use of relevant computer systems and software (UNISUP, otherinformation management system, Excel, Word, Powerpoint)
  • Experience in Engineering/Construction commercial or contracts administration role.
  • Ability to listen to andunderstand the signals and queries from various interlocutors.
  • Languages: English is mandatory, knowledge of French and Arabic is a plus

With over 90 years\' combined experience, NES Fircroft (NES) is proud to be the world\'s leading engineering staffing provider spanning the Oil & Gas, Power & Renewables, Chemicals, Construction & Infrastructure, Life Sciences, Mining and Manufacturing sectors worldwide. With more than 80 offices in 45 countries, we are able to provide our clients with the engineering and technical expertise they need, wherever and whenever it is needed. We offer contractors far more than a traditional recruitment service, supporting with everything from securing visas and work permits, to providing market-leading benefits packages and accommodation, ensuring they are safely and compliantly able to support our clients.

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Job Detail

  • Job Id
    JD1589624
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Dubai, United Arab Emirates
  • Education
    Not mentioned