Senior Cost Controller

Role Overview

Senior Cost Controller at Wood PLC, based in Qatar. This is a long-term assignment supporting project delivery across FEED, Pre-FEED, Brownfield, and Greenfield scopes of work.

Company Overview

Wood is an expanding business with a projects team focused on delivering across multiple project execution scopes. The organization is committed to equal opportunities and diversity and inclusion across the business.

Role Purpose

Execute project cost control and financial management in accordance with the project execution plan, including Wood and Project Procedures on Safety and Quality Control, while maintaining alignment with man-hour, cost, and schedule targets.

Key Responsibilities

Budget Development and Maintenance

• Assist in the development and maintenance of Project Work Breakdown Structure (WBS) and Cost Breakdown Structure (CBS) for specific scopes.
• Assist in the development of project budgets in accordance with the Basis of Estimate, including statements of work scope, assumptions, man-hour estimates, and narratives.
• Review and comment on client documents related to project budgeting.
• Assist in the development and maintenance of project cost budgets using appropriate software applications.
• Support the project work approval process in terms of accurate cost code allocation and initial budget set-up and approvals.

Cost Tracking and Monitoring

• Liaise with procurement, finance and time-capture functions, and third parties as required, to support accurate and timely capture of procurement, materials, subcontract and labour manhour costs.
• Allocate costs in accordance with approved project WBS.
• Monitor cost commitments and expenditures through all phases of the project lifecycle.
• Monitor overall project cost performance and contingency drawdown.
• Assist in the monitoring and reporting on cost impact of project manpower forecasts.

Stakeholder Liaison and Awareness

• Liaise with engineering, procurement and construction functions, and others as required, to maintain awareness of project activities and their impact on the project budget, schedule and cost forecast.

Reporting and Forecasting

• Provide input to project cost performance reports in accordance with project reporting requirements.
• Support the preparation of updates to project cost forecasts.
• May facilitate and communicate cost and schedule impact of change notifications.

Change Management

• Assist in development of project change orders and variations in accordance with engineering and construction change notifications.

Project Controls and Governance

• Attend project meetings as required.
• Participate in the project cost close-out process.
• Attend cost and estimate risk analysis sessions as required.
• Participate in Project Controls Compliance and Continuous Improvement Reviews.

Qualifications & Experience

• Bachelor's Degree in a relevant technical or business discipline, or equivalent gained through relevant vocational training and/or industry experience.
• Minimum 15 years' experience.
• Experience in Onshore Oil and Gas or Offshore Oil and Gas sectors preferred.

Skills & Competencies

• Good computer skills.
• Understanding of project management principles and techniques.
• Self-motivated and proactive with high achievement drive and initiative.
• Excellent verbal and written communication skills.
• Good organizational awareness.
• Ability to confidently deliver assigned scopes of work independently or remotely from technical leadership personnel, with minimal guidance and direction.

Additional Information

Benefits

• Meaningful and interesting projects delivered to leaders of industry across oil and gas and emerging energy sectors.
• Commitment to Diversity and Inclusion; active commitment to diversity and inclusion across the business with employee networks committed to giving all employees a voice.
• Competitive salary with regular salary reviews to ensure rewarding at the right level in line with the market.
• Life Insurance providing payment of 2 x Base Salary (up to a maximum of QAR 1 million) upon death.
• End of Service Gratuity in line with Qatar Labor Law; upon completion of 1 year's service, employees are eligible for an End of Service benefit of three weeks for every year of service.
• Medical Insurance ensuring cover (up to a maximum of QAR 250,000 per person, per year); pre-existing and/or chronic conditions are covered up to QAR 10,000.
• Employee Assistance Programme allowing you to confidentially discuss any work or personal issues; the programme supports your mental, physical, social and financial well-being.
• Professional Memberships covering one professional membership, registration, subscription, certification and/or license cost per annum for all active Wood employees; the membership must be relevant to the role or be part of a development plan.
• Global connections; join experts around the world at the leading edge of the industry, shaping the standards of the profession.