Oil & Gas Project Cost Lead: Budget & Forecasting

Hire Rightt; Abu Dhabi; On-site; AED 350,000 - 550,000; Full time

Job summary

Hire Rightt is seeking a seasoned Project Controls leader to oversee cost management for EPC, Oil & Gas, and energy projects. You will lead budgeting, forecasting, cost reporting and governance to ensure delivery within approved budgets.

Requirements include a Bachelor's degree in Engineering, Construction Management, Finance or related field; MBA is an advantage. 10–15 years in project controls with 5+ years in management; CCP or PMP preferred.

Qualifications

• Bachelor's degree in Engineering, Construction Management, Finance or related discipline.
• MBA or relevant postgraduate qualification would be an advantage.
• Professional certifications such as CCP or PMP are preferred.
• 10–15 years of relevant experience in project controls, cost control, commercial management or project management.
• At least five years in a managerial or team leadership position.
• Demonstrable experience in EPC, Oil & Gas, energy, infrastructure or industrial projects.
• Proven experience in project budgeting, cost forecasting, variance analysis, cost reporting and financial performance monitoring.

Responsibilities

• Establish and maintain cost control procedures, systems, reporting standards and governance frameworks.
• Lead the preparation and monitoring of project budgets, cost plans, forecasts and cash flow projections.
• Monitor actual costs, commitments and forecast expenditure against approved budgets, identifying variances and recommending corrective actions.
• Prepare and review periodic cost reports, management reports, variance analyses and executive dashboards.
• Maintain accurate cost records, cost allocations, accruals and financial forecasts.
• Review purchase orders, contractual commitments, subcontractor costs, change orders and potential claims.
• Identify cost-related risks, opportunities and potential overruns, developing mitigation measures in collaboration with relevant stakeholders.

Skills

Cost control

Budgeting

Forecasting

Financial reporting

Team leadership

Education

Bachelor's degree in Engineering/Finance/Construction

MBA (advantage)

Tools

CCP (certification)

PMP (certification)

Job description

Hire Rightt is seeking a seasoned Project Controls leader to oversee cost management for EPC, Oil & Gas, and energy projects. You will lead budgeting, forecasting, cost reporting and governance to ensure delivery within approved budgets.

Requirements include a Bachelor's degree in Engineering, Construction Management, Finance or related field; MBA is an advantage. 10–15 years in project controls with 5+ years in management; CCP or PMP preferred.