Cost Control Lead

Role focuses on cost management, estimating, forecasting, reporting, allocation, planning and stewardship for costs and expenditures in the CO2 Sequestration Project, including assessing financial risks.

• Provide advice on cost management including estimating, forecasting, reporting, allocation, planning and stewardship for costs and expenditures in addition to assessing financial risks within CO2 Sequestration Project.
• Develop and modify procedures to meet specialized business requirements as well as provide advice and guidance to team members.
• The role requires providing functional cost management expertise by developing detailed cost planning models, project cost estimates, analysis, and reports to advise, guide and recommend appropriate changes to processes and procedures to meet business requirements.
• Develop and maintain cost management guidance and provide advice on cost estimating, cost forecasting, cost accounting and reporting, cost allocation and cost benchmarking and control issues to ensure effective processes are utilized.
• Review, evaluate and analyze cost estimate basis / assumptions and cost data submitted / provided by the Project Management Team to ensure reasonableness of cost estimate and confirm cost estimate accuracy.
• Identify opportunities to standardize cost and expenditure processes and procedures within Major Projects group, recommending solutions for cost issues to ensure compliance with the existing processes and procedures and ensure objectives are achieved.
• Review Gate deliverables pertaining to cost management including Estimate Basis Memorandum (EBM) and Estimate Confidence Package (ECP).
• Ensure accuracy of the produced project estimate meeting the cost estimate classifications for each Gate (unclassified, Class V and III estimates).
• Review contractors produced estimates and conditioning as per Company s practices.
• Develop Funding Packages submittals as requested i.e., Advance Commitments (AC s), Full Funding (FF) and Supplementary Funding wherever required, to ensure that all necessary funding is provided.
• Develop and maintain a cost information database, benchmarking data to provide support for estimating requirements as required.
• Review cost-related procedures, recommending improvements to achieve Department goals based on lessons learned and ensure cost-related initiatives, procedures and activities are understood and followed by all EP&S and PMTs personnel as applicable.
• Participate in corporate governance activities such as Gate reviews, Independent Project Reviews (IPR), Cold Eye Review (CER), Constructability Reviews (CRR) and internal audits as Cost Subject Matter Expert.
• Provide timely functional support on cost management (estimating, forecasting, reporting) and advice to PMTs and other groups as requested.
• Support PMTs and other groups as required by identifying and highlighting any emerging situations on potential gaps / deviations on cost management allowing timely mitigation actions to be taken to comply with the cost related procedures.
• Support Major Projects  Project Management of Change Procedure (PMOC) process ensuring compliance with requirements and procedures.
• Provide change order cost estimating support to PMT to allow objective assessment of change orders, accurate cost estimates with a defined scope and support ad-hoc cost estimates as required to preserve Company s interests.

• Bachelor s degree in Business, Accounting, Commercial, Marketing, Sciences, Engineering, Project Management, Supply Chain Management, Law, Communication, Technologies, Mathematics or Statistics
• 8 years experience in business related function or discipline, including 4 years in the Oil & Gas Industry, and 1 year experience in a supervisory or acting role, or oversight of contractor/subcontractors/service/vendor personnel.
• Experience with Oil & Gas Companies, contractors, subcontractors, vendors or service companies involved in the oil and gas industry.
• Knowledge in project business related function/discipline such as planning, scheduling, cost control, estimating, claim management, risk management, change management, procurement, pre- and post-award contract management, actionable and informative reporting, support services, lessons learned, etc.
• Knowledge in international standards, best practices and methodologies as it relates to business disciplines.
• SME level competence in candidate s specific business discipline.
• Knowledge of relevant business processes/procedures.
• Strong knowledge of relevant software and computer skills, e.g., dashboards, data analytics, SAP, etc.
• Experience supporting large scale integrated operating and executing organizations, such as Operations, Projects,

• Salary: Day Rate in USD Plus Allowance
• Work Schedule: 10 Hours / 6 Days
• Duration: 36 Months, with possible extension
• Location: Qatar