Cost Manager

Job responsibilities:

​​​​​​​Cost Management & Forecasting

• Establish and maintain the Project Cost Breakdown Structure (CBS), control budget and cost management processes.

• Monitor project performance against budget and identify trends, risks and opportunities.

• Prepare and maintain EAC, cash flow forecasts and monthly project forecasts.

• Ensure commitments, accruals, actual costs and forecasts are accurately captured and reported.

• Recommend corrective actions to improve project financial performance.

Risk, Change & Commercial Management

• Lead cost risk and opportunity management activities.

• Quantify the financial impact of risks, opportunities and scope changes.

• Support Contract Team in change management processes.

• Ensure approved and pending changes are reflected in project forecasts.

• Reporting & Decision Support

• Prepare monthly cost reports, management dashboards and executive summaries.

• Provide clear visibility of project financial status, forecast outcomes and key risks.

• Support project reviews, management reviews and gate reviews.

Project Integration

• Work closely with Engineering, Procurement, Construction, Planning, Contracts and Finance to ensure forecast alignment.

• Challenge cost performance, forecast assumptions and resource plans where necessary.

Project Close-Out

• Support project financial close-out and final account settlement.

• Ensure all financial obligations, commitments and exposures are accounted for prior to project close-out.

Work experience requirements:

• Minimum 15 years' experience in project controls, cost management or commercial management within major EPC/EPCI projects.

• Demonstrated experience as Cost Manager, Lead Cost Controller or equivalent on large and complex oil & gas, offshore, FPSO or energy projects.

• Proven experience managing project budgets, forecasts, EAC, cash flow and change management for major EPC projects.

• Strong understanding of EPC execution including engineering, procurement, fabrication, construction and commissioning.

• Experience in cost forecasting, trend management, risk management and project performance reporting.

• Strong understanding of project contracts, commercial models and project governance.

Qualifications:

• Degree in Accounting / Engineering.

Other skills:

• Experience with SAP and project control systems used for forecasting and reporting.

• Excellent written and verbal communication, presentation, negotiation, and interpersonal skills.

• Strong leadership, problem-solving, and team collaboration capabilities, with the ability to motivate and develop others.

• Proficient in Microsoft Office applications, including Word, Excel, and PowerPoint.

• Ability to manage multiple priorities effectively in a fast-paced environment, both independently and with minimal supervision.

• Maintains a high level of confidentiality, accountability, flexibility, and adaptability to change.

• Results-oriented with a proactive approach and commitment to open and direct communication.

We regret that only shortlisted candidates will be notified.