Cost Control Lead

Full time at Airswift in Qatar

Posted on February 15, 2025

Job details

Cost Control Lead Airswift is an international workforce solutions provider within the energy, process, and infrastructure industries. Airswift serves as a strategic partner to our clients, offering a turnkey workforce solution to capture and deliver the top talent needed to complete successful projects by aligning with the unique needs of our clients. With over 1,000 employees and 9,000 contractors operating in over 70 countries, our geographical reach and pool of talent available is unmatched in the industry. Airswift is seeking a Cost Control Lead to work in Qatar with a major Oil & Gas Company.

Qualifications

Bachelor degree in Finance, Engineering, Accounting, or Business discipline.

DUTIES AND RESPONSIBILITIES

Establish and maintain project cost control procedures, guidelines and reporting standards to ensure consistency across the projects. Implement a standard cost reporting process to enhance visibility and control over project expenditures.
Lead cost data management across all contracts ensuring accurate compilation, validation and reporting of cost information to Project Management for informed decision making and financial transparency.
Provide guidance to project team in standardized cost control processes including Value Of Work Done (VOWD) reporting, forecast updates, change order management, contingency planning, and expenditures allocation. Review and validate contractor invoices to ensure compliance with payment milestones and project progress.
Support project controls by providing financial input for Funding Packages submittals including Estimate Basis, Estimate Confidence Packages, Advance Commitments (ACs), and Full Funding (FF). Ensure proper allocation of funds and budget transfers to align with project requirements.
Lead the preparation of forecast cost estimates and annual Work Program and Budget (WP&B) incorporating project scope, progress achieved, and pending costs to ensure financial alignment with approved budgets.
Develop and maintain Work Breakdown Structure (WBS) and Cost Breakdown Structure (CBS) ensuring alignment with project scope and reporting requirements.
Monitor cost performance of FEED and EPC contractors, ensuring adherence to control plan. Recommend corrective actions and assess deliverables, including VOWD reporting, trend analysis, and earned value assessments.
Provide early identification of potential cost risks, recommend corrective measures, and collaborate with project leadership to implement cost recovery plans and ensure cost control objectives are met.
Provide support for FEED and EPC tenders technical evaluations by developing evaluation plans, coordinating bid reviews, and ensuring approvals from relevant project committees. Oversee project commitments, ensuring contractual compliance for change orders and approvals. Provide cost control guidance to procurement and contract teams for effective WBS and CBS allocations.
Follow up Project Commitments in line with approved budgets and ensure all change orders are duly submitted (with regard to contractual compliance) and are subject to proper Management approval. Provide guidance to Procurement and Contracts teams for commitments WBS and CBS allocations.
Develop In-House cost reporting solutions and implement tools and methodologies to enhance cost tracking accuracy, integrity, and consistency of data across projects.

Experience

10 years experience in cost Control/cost management with focus on large-scale oil and gas capital projects environment.
Proven experience in cost estimating, cost forecasting, allocation, planning, budgeting, and cost reporting for major projects.
Extensive knowledge of Project Controls principles, theories, and concepts.
Major Projects experience, EPC Lump Sum Contracts, working with multi-lingual contract teams with large local subcontractors.
Experience required in working with ERP systems and Project Management systems.

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Hiring company

Airswift

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Cost Control Lead

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DUTIES AND RESPONSIBILITIES

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Hiring company

Airswift

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Cost Control Lead

Job details

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DUTIES AND RESPONSIBILITIES

Experience

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Hiring company

Airswift

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