Cost Management Associate Director - Power Sect... Value Realization · Abu Dhabi

Full time at Contango in UAE

Posted on January 31, 2025

Job details

Role Purpose The Associate Director will play a key role in delivering cost management and optimization solutions for a client in the power sector. This position requires strong expertise in Activity-Based Costing (ABC) , cost allocation, and benchmarking, with a proven track record of delivering cost-focused projects. The role involves hands-on execution of cost analysis, modeling, and optimization frameworks, with the goal of enhancing cost transparency, driving efficiency, and enabling sustainable growth for the client. Key Responsibilities Project Delivery

Support the design and implementation of cost management strategies, with a focus on Activity-Based Costing (ABC) methodologies.
Validate and enhance cost allocation mechanisms to ensure alignment with industry standards and best practices.
Conduct benchmarking studies to compare cost drivers and operational efficiency with industry peers.
Identify inefficiencies and recommend actionable solutions, including process optimization and automation opportunities.
Prepare project deliverables such as cost models, benchmarking reports, and optimization frameworks.

Research & Analysis

Perform detailed cost driver analysis to understand operational and financial impacts across the organization
Develop scalable financial models to provide ongoing cost visibility and facilitate decision-making
Use advanced analytical techniques to validate cost structures and propose enhancements

Client Interaction & Presentation

Conduct stakeholder interviews and workshops to gather insights and align on project objectives.
Prepare and deliver compelling presentations and reports that distill complex analyses into actionable insights.
Build trust with client stakeholders as a subject matter expert, providing objective and practical recommendations.

Knowledge Sharing & Best Practices

Contribute to internal knowledge sharing by documenting project methodologies and insights.
Stay updated on emerging trends in the power sector, cost management innovations, and activity-based costing practices.

Qualifications Education

Bachelor’s degree in Finance, Economics, Engineering, Business, or a related field (mandatory).
Master’s degree or MBA preferred but not required.

Experience

Minimum 7 – 8 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.

Technical Skills

Advanced proficiency in Excel , PowerPoint , and financial modeling tools.
Familiarity with data visualization and cost management software (e.g., Power BI , Anaplan , SAP , or Oracle Hyperion ).

Skills & Competencies

Sector Expertise: Deep understanding of the power sector’s operational and financial cost drivers.
Analytical Excellence: Ability to dissect complex cost structures and identify actionable optimization strategies.
Leadership: Strong project management skills with the ability to lead teams and engage clients effectively.
Communication: Exceptional written and verbal communication skills for presenting findings to senior stakeholders.
Problem Solving: Proactive and innovative approach to addressing cost inefficiencies.
Client Focus: Skilled in tailoring solutions to align with client objectives and building long-term relationships.
Adaptability: Capable of navigating ambiguity and adjusting strategies to meet evolving client needs.

Other Requirements

Willingness to be based in Abu Dhabi for the project duration.
Availability to start within two weeks to meet client timelines.

Fixed-Term Contract (3–6 months)#J-18808-Ljbffr

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Cost Management Associate Director - Power Sect... Value Realization · Abu Dhabi

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Contango

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Home UAE Cost Management Associate Director - Power Sect... Value Realization · Abu Dhabi

Home UAE Cost Management Associate Director - Power Sect... Value Realization · Abu Dhabi

Cost Management Associate Director - Power Sect... Value Realization · Abu Dhabi

Job details

Apply safely

Hiring company

Contango

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