Cost Manager

Job responsibilities:

​​​​​​​Cost Management & Forecasting

• Establish and maintain the Project Cost Breakdown Structure (CBS), control budget and cost management processes.
• Monitor project performance against budget and identify trends, risks and opportunities.
• Prepare and maintain EAC, cash flow forecasts and monthly project forecasts.
• Ensure commitments, accruals, actual costs and forecasts are accurately captured and reported.
• Recommend corrective actions to improve project financial performance.

Risk, Change & Commercial Management

• Lead cost risk and opportunity management activities.
• Quantify the financial impact of risks, opportunities and scope changes.
• Support Contract Team in change management processes.
• Ensure approved and pending changes are reflected in project forecasts.
• Reporting & Decision Support
• Prepare monthly cost reports, management dashboards and executive summaries.
• Provide clear visibility of project financial status, forecast outcomes and key risks.
• Support project reviews, management reviews and gate reviews.

Project Integration

• Work closely with Engineering, Procurement, Construction, Planning, Contracts and Finance to ensure forecast alignment.
• Challenge cost performance, forecast assumptions and resource plans where necessary.

Project Close-Out

• Support project financial close-out and final account settlement.
• Ensure all financial obligations, commitments and exposures are accounted for prior to project close-out.

Work experience requirements:

• Minimum 15 years' experience in project controls, cost management or commercial management within major EPC/EPCI projects.
• Demonstrated experience as Cost Manager, Lead Cost Controller or equivalent on large and complex oil & gas, offshore, FPSO or energy projects.
• Proven experience managing project budgets, forecasts, EAC, cash flow and change management for major EPC projects.
• Strong understanding of EPC execution including engineering, procurement, fabrication, construction and commissioning.
• Experience in cost forecasting, trend management, risk management and project performance reporting.
• Strong understanding of project contracts, commercial models and project governance.

Qualifications:

• Degree in Accounting / Engineering.

Other skills:

• Experience with SAP and project control systems used for forecasting and reporting.
• Excellent written and verbal communication, presentation, negotiation, and interpersonal skills.
• Strong leadership, problem-solving, and team collaboration capabilities, with the ability to motivate and develop others.
• Proficient in Microsoft Office applications, including Word, Excel, and PowerPoint.
• Ability to manage multiple priorities effectively in a fast-paced environment, both independently and with minimal supervision.
• Maintains a high level of confidentiality, accountability, flexibility, and adaptability to change.
• Results-oriented with a proactive approach and commitment to open and direct communication.

We regret that only shortlisted candidates will be notified.