Manager - Cost Control

Petrofac; Sharjah; On-site; AED 300,000 - 420,000; Full time

Job summary

Petrofac in Sharjah, UAE seeks a Manager – Cost Control to lead all cost control activities across EPC projects. You will supervise cost analysis, budgeting, reporting, and compliance with corporate governance, while coordinating with project managers and finance teams to ensure accurate cost information.

The role requires an engineering degree and a minimum of 20 years’ experience in cost control, with at least five years in EPC projects.

Qualifications

• Engineering degree with extensive cost control experience on EPC projects.
• Minimum 20 years of working experience in cost control.
• Experience leading cost analysis, reporting and budgeting.
• Strong understanding of project cost codes and change control.

Responsibilities

• Supervise the implementation of cost control policies, processes and internal controls.
• Lead cost analysis and controls across the project, with reporting.
• Prepare consolidated cost reports for higher management.
• Maintain MIS and prepare progress reports to support governance.
• Coordinate with Project Manager and departments to ensure timely cost information.
• Review budgets, cost codes and advise on budgetary matters.
• Prepare manpower cost histograms and project cash outflow as needed.
• Ensure adherence to Quality System procedures.
• Provide cost input at Tender/Proposal stage when required.
• Carry out other related duties as advised by supervisor.

Skills

Cost control

Cost analysis

Budgeting

Reporting

Project controls

Tender input

MIS reporting

Quality systems

Education

Engineering degree

Job description

Petrofac is currently looking to recruit a manager – Cost Control to be based in Sharjah, UAE.

What We Do

Petrofac is a leading international service provider to the energy industry, with a diverse client portfolio including many of the world’s leading energy companies. We design, build, manage and maintain infrastructure for the energy industries. Our comprehensive and tailored service offering covers each stage of the project life cycle and a variety of commercial models, giving our clients the flexibility, they need.

Primary Duties

• Supervise the Implementation of all Department policies, processes, systems, standards, cost control procedures and internal controls, so that the Department objectives are accomplished safely, reliably and cost effectively.
• Lead all cost analysis and controls activity associated with the project. Prepare and report upon cost functions within the Contract in accordance with project/company procedures. Provide comprehensive cost control, change control, analysis and reporting.
• Prepare the consolidated cost report of all projects for higher management.

Active

• Implement new tools and techniques in to improve the quality and efficiency of delivering Company services through improved operational processes.
• Maintain the Department MIS and prepare progress reports in line with the Corporate Governance System to deliver timely and accurate Information which will support the efficient delivery of the objectives. Prepare and generate PCON report / project status reports on progress of projects.
• Coordination with Project Manager and liaison with company departments to ensure the steady and accurate flow of project cost information.
• Preparation and collation of monthly cost control reports for presentation to Senior Management.
• Responsible for ensuring that all involved departments supply the appropriate information in a uniform manner and timely fashion.
• Highlight cost overruns, purchases out with budgets and other similar concerns to the relevant management.
• Review and monitoring of Project Budget and accounts cost code allocations. Assist and advise Project Managers on budgetary matters, as and when required.
• Preparation of manpower cost histograms and Project cash out flow, as and when required.
• Ensuring implementation and adherence to Quality System procedures.
• Provide estimate and cost input at Tender/Proposal stage, if required.
• Carry out other related duties as advised by the supervisor.

Minimum Requirement

Engineering Degree with minimum of 20 years working experience out of which minimum five years in the Cost Control function of EPC projects