Senior Cost Controller

Wood PLC; Dubai; On-site; AED 120,000 - 200,000; Full time

Job summary

A global consulting and engineering firm in Dubai is seeking a Senior Cost Controller to develop and maintain project cost plans. This full-time role involves monitoring costs, managing project budgets, and ensuring accuracy in financial reporting and forecasting. The ideal candidate has at least 10 years of experience in cost engineering, particularly in oil and gas projects. Strong supervisory skills and knowledge of computerized cost management systems are preferred.

Qualifications

• Minimum 10 years' experience in cost or estimating positions.
• Knowledge of engineering and construction projects in the oil and gas industry.
• Good understanding of Change Control and Risk Analysis.

Responsibilities

• Develop and maintain project cost plans using appropriate software applications.
• Monitor and control cost commitments and expenditures.
• Produce and issue updates to project cost forecasts.

Skills

Cost Engineering principles

Project Management principles

Supervisory skills

Understanding of Cost Control and Estimating

Education

Degree in relevant technical or business discipline

Tools

Computerized Cost Management systems

Job description

Overview

Wood is recruiting for a Senior Cost Controller to join its UAE Business Unit focusing on developing and maintaining project cost plans using appropriate software applications and to support our project controls team.

This role is a full-time office-based role in Dubai, UAE.

Responsibilities

Wood is recruiting for a Senior Cost Controller to join its UAE Business Unit focusing on developing and maintaining project cost plans using appropriate software applications and to support our project controls team.

• Responsible for working within the provisions and guidelines of the Wood Quality Assurance systems and processes.
• Act as Cost Focal Point for specific project scopes as required.
• Develop and maintain Project Work Breakdown Structure (WBS) and Cost Breakdown Structure (CBS) for specific scopes.
• Develop project budget in accordance with project estimate and CTR Catalogue.
• Manage the project work approval process in terms of accurate cost code allocation and initial budget set-up and approvals.
• Develop and maintain project cost plans using appropriate software applications.
• Monitor and control cost commitments and expenditures through all phases of project lifecycle.
• Liaise with project management, project planning and others as required to ensure accuracy in project cost phasing and forecasting.
• 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.
• Provide copies of project cost performance reports in accordance with project reporting requirements.
• Produce and issue updates to project cost forecasts.
• Monitor and report on cost impact of project manpower forecasts.
• Coordinate development and issue of project change orders / variations in accordance with engineering and construction change notifications.
• Assess and communicate cost and schedule impact of change notifications.
• Monitor cost impact of achievement / non-achievement of major project milestones.
• Monitor overall project cost performance and contingency drawdown.
• Attend project / client meetings and present project cost performance status as required.
• Assist manage the project cost close-out process.
• Delegate and manage the work of subordinate project controls staff as required.
• Liaise with the Planning discipline to ensure accurate and timely control and forecasting of budgets and ensure that the impact of all change requests are properly assessed and included in the schedules
• Participate in cost and estimate risk analysis sessions as required
• Assist with audits to ensure compliance with relevant Wood Planning procedures
• Provide guidance and support to subordinate Project Controls staff as required

Qualifications

What makes you remarkable?

At Wood, we are committed to equal opportunities and welcome all talented individuals to consider joining our team. So even if you don\'t match every statement below but feel you have some of the experience, knowledge or skills needed for this role, we encourage you to apply. It will take all of us working together to deliver solutions to the world\'s most critical challenges.

Expected :

• Degree in relevant technical or business discipline or can be substituted by suitable industry experience
• Knowledge and application of Cost Engineering principles
• Minimum 10 years\' experience in cost or estimating positions
• Knowledge of engineering and construction projects in the oil and gas industry, preferably in both onshore and offshore environment
• Good knowledge of computerized Cost Management and reporting systems preferred together with ability to consolidate cost data from a number of sources for overall presentation
• In-depth understanding of project management principles and techniques
• Good supervisory skills
• Good understanding of Cost Control, Estimating, Change Control and Risk Analysis

About Us

Wood is a global leader in consulting and engineering, helping to unlock solutions to critical challenges in energy and materials markets. We provide consulting, projects and operations solutions in 60 countries, employing around 35,000 people. www.woodplc.com

Diversity Statement

We are an equal opportunity employer that recognises the value of a diverse workforce. All suitably qualified applicants will receive consideration for employment on the basis of objective criteria and without regard to the following (which is a non-exhaustive list) : race, colour, age, religion, gender, national origin, disability, sexual orientation, gender identity, protected veteran status, or other characteristics in accordance with the relevant governing laws.