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  • Job reference: RMS0218280

Cost Team Lead

  • Sector: Oil & Gas
  • Location: Azerbaijan
  • Job type: Permanent
  • Date posted: 21/10/2019
  • Duration: 1 year
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The Role:
Lead the M&S Cost Team
­ Provide day-to-day leadership for the cost team, managing and maintaining appropriate resource levels, energising and developing a diverse group of Company and managed service staff across multiple locations.
­ Support Project Leadership Team to provide accurate cost information by maintaining alignment of cost reporting and forecasting. Manage the Monthly (SCRM), Quarterly (QPF) and 6 monthly Master Control Estimate (MCE) cost process. Work with planning engineers, project delivery managers and the central cost team to understand and explain variances against previous submissions.
­ Demonstrate HSE leadership by actively engaging the Company site teams and contractors with actions that contribute to delivering on Company's HSE expectations
Plans & Procedures
­ Develop and/or update project cost control procedures based on standard Company Cost Engineering Procedure and reflecting both Company, and contractor roles and responsibilities. Ensure compliance with financial and business and project processes.
Cost Control
­ Ensure the preparation and development of appropriate control budgets from the project estimate. Prepare cost data including but not limited to budgets, commitments, value of work done, forecasting, reporting and analysis. Work with cost control tools including Company cost database system, project management of change, risk register. Ensure verification of weekly labour calculation. Review and verify the contractor's monthly report. Ensure correct coding of all requisitions, purchase orders, contracts, invoices, estimates, and ensuring these are updated and maintained in the Company cost database. Prepare and review monthly value of work done forecasts for sign-off by Budget Holder and manage in quarter, in year and full-cycle forecasting accuracy.
Interfaces with PSCM and Finance functions
­ Work with the Project Controller and Finance function to ensure adequate financial controls. Assist PSCM and Finance in the verification of contractor and supplier invoices for payment; assist PSCM in the development and negotiation of payments, input to CTR's, etc.
­ Developing and issuing reports to appropriate stakeholders, including partner reports. Provide cost input to monthly reports, dashboards, partner reports as required. Respond to requests for data, data analysis, tools, presentation materials, etc.

The Company:
A global Oil & Gas operator with extensive operations in the Caspian Region.

Essential Skills / Qualifications:
­ Degree in Business, Economics or Engineering or similar discipline
­ Minimal 10-15 years construction cost engineering experience on major Oil & Gas projects .
­ Proven track record of successfully managing a team of other cost engineers in a project environment.
­ Substantial experience interfacing and working with construction, commissioning, engineering and operations personnel
­ Significant experience working with internationally-based contractors
­ Experience and demonstrable track record of being able to communicate cost information clearly to senior management and put in context of the overall project status to enable quality decision making (clarity from complexity)

About Fircroft:
Fircroft has been placing people in specialist technical industries for approaching half a century, focusing on mid to senior level engineers for contract and permanent roles worldwide. By applying for this job you give consent for Fircroft to contact you, via email & telephone, to discuss your application along with future positions and Fircroft's services.

Fircroft is registered as a Data Controller with the Information Commissioner as required under the General Data Protection Regulation 2016/679. Fircroft will only process your personal data for the specific purposes of managing your application.

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