Job Description
For one of our clients, we are recruiting an Expert Cost Control responsible to establish project budget and monitor its adherence (incl. actuals & forecasting, reporting, providing guidance to project managers, participating in yearly budgeting process, tracking change management etc.).
Key responsibilities:
- Establish PCP (Project Cost Plan) in support of Final Investment Decision, by recasting project cost estimates consistent with project WBS / CBS (Work / Cost Breakdown Structure)
- Continuously monitor and report costs within each project stage and for entire project until completion; collect and compile progress and cost data; develop cost-control worksheets and reports for review by delivery teams
- Review financial data related to accruals, invoice payments, purchase orders, and material deliveries and other financial data with a critical interface to SAP software
- Provide guidance to project manager in terms of project strategy and set-up, associated cost and its phasing
- Provide input for project cost control requirements in ITBs (Invitation to Bid) and assist with commercial evaluation of ITBs based on control budget data
- Monitor contractor performance (productivity, earned value, modification requests), including review and audit of contractor’s cost control procedures and practices
- Participate in development of FEL (Front End Loading) estimates (especially CAPEX (capitalized expenditure) phasing) and project resource plans to support project definition
- Project change management: review changes/modification requests versus budget and contract prior to approval; categorize modification requests to develop and analyze trends; identify counteractive measures in case of inadequate contractor performance
- Support the development and normalization of project KPIs (Key Performance Indicators) for internal and external benchmarking, and link the risk process to change management and project cost estimate
- Maintain interfaces with Corporate functions and Business Unit representatives related to Project Services agenda and support Head of Project Services in case of ad-hoc requests
Requirements
- University degree (technical or economical)
- Professional experience >5 years
- Experience in project control and monitoring activities >3 years
- Experience in investment projects in energy, construction or related industry >1 year
- Ability to manage many interfaces, to see & understand the big picture, and to integrate different functions
- Ability to work within a team, and across organizational borders
- Ability to analyze & improve efficiency of workflows and processes
- Target-oriented, highly motivated
- Fluent English proficiency
Â
