Lead Cost Controls Engineer - Services

Wood PLC

JOB DESCRIPTION

The Role

This is an exciting opportunity for an experienced Lead Cost Controls Engineer - Services with a proven track record in the industry, ensuring the successful execution of projects and alignment with company goals for a high-profile client.

Our Clients and Projects

Designing the future. Transforming the world.

Wood's Oil, Gas & New Energies business is built on a strong legacy of delivering large and complex projects for national and international energy companies across the globe. We have experienced teams, a proven delivery model and a strong reputation.

We are the market-leading provider of integrated and innovative solutions that challenge the status-quo in the oil and gas upstream and midstream, onshore and offshore, gas to liquids and decarbonization and electrification markets. We pride ourselves in steady and predictable delivery, setting our sights on an exciting growth trajectory.

Energy security, transition and supply have never been more important. You, our enabling teams, are at the very forefront of transformative projects that are providing sustainable power to generations to come. We are the ones to bring low-carbon concepts to reality.

What we can offer

• Meaningful and interesting projects: Delivered to high profile clients across the Energy Sector
• Commitment to Diversity and Inclusion: We are an organization actively committed to diversity and inclusion across our business
• Competitive remuneration package: With regular reviews to ensure we are rewarding at the right level in line with the market
• Medical Insurance: Ensures inpatient, and outpatient medical care is available should you require treatment
• Group Life and Personal Accident Insurance: The company provides Life Assurance cover
• End of Service Gratuity: In line with UAE Labor Law, all employees are eligible for an End of Service benefit
• The Employee Share Plan: Gives you the opportunity to purchase Wood shares and receive a match from the company
• Long Service Award: Wood values the commitment and loyalty of our people. Celebrating Long Service provides an opportunity for the business to demonstrate their appreciation of the hard work, dedication and many years' services of our employees at 5 - year service milestones
• Commitment to continued professional development: Development plans that are tailored to your individual needs and interests
• Global connections: Join experts around the world who are at the leading edge of our industry, shaping the standards of our profession
• Energy Transition Academy: Join a community of experts sharing your knowledge and gaining more exposure to a variety of existing and emerging energy systems - delivered by experts in their field

Job Objective

The preparation and reporting of project cost budgets, and the tracking, management and reporting of project expenditure to enable robust control of projects throughout their lifecycle.

Accountable for the development of project budgets, the tracking of actual and forecasted costs and the generation of cost reports, ensuring they are prepared to the required level of detail and accuracy and accordance with contractual requirements and Wood policies, procedures and standards.

Supervises, guides, and manages the Cost team in terms of delegating work, reviewing the work output of the team where appropriate, providing guidance and support, and managing the development of the Cost team members.


RESPONSIBILITIES

• Accountable for ensuring project cost budgets are developed and maintained in accordance with the Project Work Breakdown Structure (WBS) and the Basis of Estimate
• Effectively manage the communications interfaces essential for the delivery of the cost function
• Liaise with procurement, finance, and time-capture functions, and third parties as required, to ensure accurate and timely capture of procurement, materials, subcontract and labour manhour costs. Ensure costs are allocated accurately in accordance with approved project WBS.
• 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
• Manage the project / assignment work approval process in terms of accurate cost code allocation and initial budget set-up and approvals
• Accountable for ensuring project cost budgets are developed and maintained using appropriate software applications

QUALIFICATIONS

• Incumbents will typically have a minimum 15 years relevant scheduling/planning experience
• Extensive Middle East Oil and Gas experience
• Previous experience in major ADNOC EPC / EPCM projects
• Excellent knowledge of cost software and related principles, tools and techniques including budgeting, forecasting and cash-flow
• Excellent knowledge of Project Execution Procedures for Cost Management including Change Management
• Excellent understanding of WBS & CBS structures and project reporting capabilities
• Advanced ability to develop project cost budgets and change estimates
• Advanced ability to prepare cost reports
• Excellent understanding of change management and associated cost and schedule processes
• Excellent understanding of earned value application, cost and schedule variance analyses/trending and what-if scenarios
• Excellent understanding of project management principles and techniques
• Excellent understanding of Cost Management, Change Control, Planning & Risk Analysis & Management
• Prior experience in a Senior or Principal Cost role and managing a team