Home Kuwait Head of Cost Control Engineering

Home Kuwait Head of Cost Control Engineering

Head of Cost Control Engineering

Full time at a Laimoon Verified Company in Kuwait
Posted on May 5, 2023

Job details

About this role:Coordinate the overall cost analysis activities on one or more major complex projects assuming responsibility for preparation, quality and accuracy of project cost reports establishing liaison with project management and clients on all matters relating to cost control assigning and reviewing work of subordinate cost analysis staffProactively sets priorities related to complex situations having multi-project and/or organizational impactLiaise with Company Corporate and Client accounting groups to establish a project cost control and reporting methodologyDevelop, implement and control the project accounting and job costing system to meet project requirementsTake ownership of the cost control function and ensure integrity of the data being processedInterface with project personnel to develop project forecasts and analyze project costsProvide technical guidance to staff and assign work Reviews work for technical accuracy and adequacy Plans, controls & reports on project work May have direct reports and may make recommendations concerning selection, training, rating and discipline of staffLiaise with clients to clarify cost related issues and develop timely and meaningful monthly invoices Ensure payment of invoices according to EPCM contract termsResponsible for the Preparation and Implementation of Change ManagementPreparation of project invoices in conjunction with the Accounts DepartmentLiaise with Client for reporting purposesPreparation of monthly financial reports for the project Also prepare other financial analysis as required on an ad-hoc basisImplement financial controls including controlling authorizations of expenditure and cash flow projectionsPreparation of budgets in conjunction with engineering and construction team membersEnsure effective coordination and cooperation between other team members, particularly in regard to cost, planning (forecasting) and procurement mattersEnsure through quality practices that work is completed accurately and in accordance with company proceduresUtilize Continuous Improvement processes to ensure consistent quality and fit-for-purpose outcomesPromote the identification of potential areas of concern or improvement, to maximize cost effectiveness on projects and work practicesDevelop and maintain a professional, highly skilled Cost Control team through leadership, resources, technical and system support, training and innovationProvide advice and guidance to other personnel as requiredDevelop and maintain effective working relationships with team members and other personnelProvide guidance and support to Asset Cost Controllers and Project Cost Controllers in fulfilling their cost control responsibilitiesMaintain a high level of communication / interface with other cost and project control personnel withinMonitor cost control applications to ensure project data integrityProvide ad-hoc cost control support / advice to Project Engineers and ManagementQuality Assurance - Responsible for working within the provisions and guidelines of the Quality Assurance system relevant to the BU, etcSafety - Responsible for personal safety safe working practices for the BU, etc Understand and follow OH&S procedures.What you need to bring:Must have a Bachelor DegreeEngineering qualification(s) or equivalent experience in engineering / construction preferableMust have minimum 15 years of total relevant experienceMust have minimum 10 years of experience in oil & gas / petrochemical industryProven computer literacy skills with experience in cost and project control computer applicationsProven ability to communicate effectively with others (verbally, in written communications and in presentations / meetings)Ability to effectively and efficiently plan / prioritize all areas of responsibility such as: Budgets Time management Resources - training and succession planningDemonstrate an awareness and understanding of industry standard practices in cost control activitiesExperience in cost risk analysis is a plusChartered Accountant or CPA, or Engineering Degree or relevant year's experience Demonstrated relevant industry estimating experience, ideally gained within the oil and gas industry Knowledge of project management systems interfaces, ie Planning Tool (P3/ P3e with In Control, SAP, and any other systems, Via SQL) capable of controlling and monitoring project progress and expectationsDemonstrable commitment to HSE management in a project environment High level organizational and planning skillsHigh written and verbal communications skillsA high level of customer focus. IT

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