Lead of Cost Control
2 months ago
- Provide expert professional advice and guidance in allocation, planning and stewardship for costs and expenditures for Compression Project.
- 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
Your Tasks
- Develop efficient cost services and provide expert advice on cost accounting, allocation, planning and control issues to ensure effective processes are utilized 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.
- Identify opportunities to standardize cost and expenditure processes and procedures recommending solutions for cost issues to ensure compliance and project objectives are achieved.
- Coordinate and develop projects early expenditure profiles and funding appropriation plans in collaboration with Finance department.
- Provide Funding Packages submittals 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 and man-hours information database, benchmarking data to provide support for estimating requirements as required.
- Review cost related procedures, recommending improvements to achieve project goals and ensure cost related initiatives, procedures and activities are understood and followed by all project personnel.
- Participate in corporate governance activities such as Gate reviews, Independent Project Reviews (IPRs), Cold Eye Review (CER), Constructability Reviews (CRRs) and internal audits as Cost Subject Matter Expert.
- Provide timely project controls/change management expert advice to Project Management Team (PMT), as well as monthly cost reports highlighting any emerging situations such as cost overruns or re-baseline ensuring project deliverables are achieved.
- Able to estimate the cost for potential change orders with the EPC Contractor. Has extensive experience in cost estimating for projects
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