DCN Project Cost and Risk Manager

SLB; Calgary; On-site; CAD 120,000 - 160,000; Full time

Job summary

SLB New Energy & Industrial in Calgary seeks an experienced Project Cost and Risk Manager to lead cost control and risk management for hyperscale data center projects. You will forecast, report, and mitigate financial exposure while coordinating with PM, Construction, Supply Chain, and Finance teams.

Responsibilities include budgeting, EAC/FAC preparation, P&L alignment, and risk register development. Strong leadership and communication are essential for driving project outcomes.

Qualifications

• 10+ years of experience in project controls, cost management, or related disciplines supporting large-scale capital projects.
• Strong experience leading project cost control programs for construction, industrial, infrastructure, energy, or mission-critical projects.
• Extensive budgeting, forecasting, variance analysis, earned value management, and cost reporting experience.
• Experience developing and managing project risk registers and facilitating risk assessment and mitigation activities.
• Experience supporting GMP, cost-reimbursable, EPC, or similar project delivery models.
• Understanding of project controls methodologies and performance measurement systems.
• Experience collaborating with project, finance, supply chain, engineering, and construction teams.
• Must be authorized to work in Canada without current or future sponsorship requirements.

Responsibilities

• Establish and maintain project cost control systems, budgets, and cost baselines.
• Convert approved estimates into budgets and align scope, schedule, and cost baselines.
• Monitor commitments, expenditures, accruals, and forecasts across all work packages.
• Prepare EAC, FAC, and monthly financial projections.
• Lead EVM and performance measurement activities for project execution.
• Coordinate with Supply Chain and Contracts on POs, subcontract commitments, and changes.
• Support project billing, schedule of values, and cost reconciliation.
• Review subcontractor and vendor invoices for compliance and accuracy.
• Maintain project cost reporting per contracts and governance standards.
• Develop and maintain project risk registers and facilitate risk workshops.
• Perform qualitative and quantitative risk assessments and contingency evaluations.
• Integrate cost and risk data into forecasting and decision-making processes.

Skills

Cost control

Forecasting

Budgeting

EVM

Risk management

Subcontract mgmt

Project controls

PM certifications

Power BI

ERP systems

Education

Bachelor's degree

Engineering or related

Tools

Power BI

SAP

Oracle

Primavera P6

Omega 365

Job description

Come join us at SLB New Energy & Industrial and be part of a global company driving energy innovation for a balanced planet

SLB New Energy & Industrial (NEI) is a division of SLB; our portfolio includes ventures in carbon capture and sequestration, geothermal power, energy storage, sustainable battery-grade lithium, hydrogen and Data center infrastructure solutions. To know more about NEI please visit https://www.slb.com/about/driving-energy-innovation/scaling-new-energy-systems

Our Data Center infrastructure solutions business provides Innovative and cost-effective solutions that enable building faster, smarter and more resilient data centers. Our modular infrastructure solutions scale AI and cloud computing capacity while minimizing capital risk and deployment delays. From design and supply chain to commissioning and operations, by standardizing components and relocating labor to controlled offsite environments, we help reduce costs, improve lead times, and lower construction risk while ensuring quality and global repeatability. To know more about our Data Centers Infrastructure solutions please visit https://www.slb.com/products-and-services/scaling-new-energy-systems/data-center-infrastructure-solutions

SLB is seeking an experienced Project Cost and Risk Manager to support the successful delivery of hyperscale data center projects. This role is responsible for leading project cost control and risk management activities throughout the project lifecycle, ensuring accurate forecasting, financial transparency, and proactive risk mitigation. Working closely with Project Management, Construction, Supply Chain, Finance, and Project Controls teams, the Project Cost and Risk Manager will establish and maintain project budgets, monitor commitments and expenditures, manage forecasting and reporting processes, and lead the project risk management program.

The successful candidate will bring strong expertise in project controls, cost management, forecasting, earned value principles, and risk analysis within large-scale construction or industrial projects. This individual will serve as a key advisor to project leadership by providing actionable insights into project performance, financial exposure, risk trends, and opportunities to drive successful project outcomes.

Roles and Responsibilities:

• Establish and maintain project cost control systems, budgets, and cost breakdown structures following project award.
• Convert approved estimates into project control budgets and maintain alignment between project scope, schedule, and cost baselines.
• Monitor project commitments, expenditures, accruals, and forecasts across all project work packages.
• Prepare and maintain accurate estimates at completion (EAC), forecast at completion (FAC), and monthly financial projections.
• Analyze project cost performance, identify variances, and provide recommendations to improve financial outcomes.
• Lead earned value management (EVM) and performance measurement activities to support project execution and reporting.
• Coordinate with Supply Chain and Contracts teams to track purchase orders, subcontract commitments, change orders, and approved variations.
• Support project billing activities, including progress invoicing, schedule of values management, and reconciliation of project costs.
• Review and validate subcontractor and vendor invoices for compliance with project contracts and approved commitments.
• Ensure project cost reporting complies with contractual requirements, governance standards, and internal controls.
• Support open-book cost reviews, audits, and client reporting requirements by maintaining complete and accurate project records.
• Develop and maintain project risk registers and facilitate risk identification workshops with project stakeholders.
• Perform qualitative and quantitative risk assessments, including probability and impact analysis and contingency evaluations.
• Lead the development and implementation of risk mitigation strategies and monitor risk response effectiveness throughout project execution.
• Integrate cost and risk information into project forecasting, reporting, and decision-making processes.
• Prepare monthly cost, risk, and performance reports for project leadership and executive management.
• Mentor and provide guidance to Cost Analysts and project controls team members.
• Support continuous improvement initiatives by identifying opportunities to enhance cost control, forecasting, risk management, and reporting processes.

Qualifications And Experience

• Bachelor's degree in Finance, Accounting, Engineering, Construction Management, Business, or a related discipline. Equivalent combinations of education and relevant experience will be considered.
• 10+ years of experience in project controls, cost management, cost engineering, project accounting, or related disciplines supporting large-scale capital projects.
• Demonstrated experience leading project cost control programs for construction, industrial, infrastructure, energy, or mission-critical projects.
• Strong experience with project budgeting, forecasting, variance analysis, earned value management, and cost reporting.
• Proven experience developing and managing project risk registers and facilitating risk assessment and mitigation activities.
• Experience supporting Guaranteed Maximum Price (GMP), cost-reimbursable, EPC, or similar project delivery models.
• Strong understanding of project controls methodologies, cost management principles, and project performance measurement systems.
• Experience collaborating with project, finance, supply chain, engineering, and construction teams.
• Must be authorized to work in Canada without current or future sponsorship requirements.

Preferred Skills

• Experience supporting hyperscale data center, mission-critical, industrial, or large infrastructure projects.
• Professional certifications such as AACE Certified Cost Professional (CCP), Planning & Scheduling Professional (PSP), PMI Project Management Professional (PMP), PMI Risk Management Professional (PMI-RMP), or equivalent.
• Strong knowledge of earned value management (EVM), forecasting methodologies, and integrated project controls systems.
• Experience conducting quantitative risk analysis, including Monte Carlo simulation and contingency assessment techniques.
• Proficiency with project controls and ERP platforms such as Omega 365, SAP, Oracle, Primavera P6, or similar systems.
• Advanced analytical skills with experience using Power BI, Excel, and data visualization tools to support project reporting.
• Strong understanding of project accounting principles, cost allocation methodologies, and financial governance requirements.
• Exceptional communication and stakeholder management skills with the ability to present complex cost and risk information to technical and non-technical audiences.
• Demonstrated leadership experience managing, mentoring, and developing project controls personnel.
• Strong organizational, analytical, and problem-solving skills with a high level of attention to detail.