Kaombo Onshore

COST CONTROL LEAD

Mission: 

▪ Establish and manage a cost control system in order to support the PM decision-making process and allow him to complete the project within the approved budget
▪ Ensure any deviation from budget is promptly spotted and analysed, final impact is estimated and the effect of corrective actions taken is monitored
▪ Create a cost awareness atmosphere among project team
▪ Satisfy the Operating Company and Corporate requirements for the cost control reporting, cooperating with the proper interfaces

 

Tasks: 

At project initial phase:
▪ After contract award, ensure the implementation of the Cost Control System, elaborating the consolidated Cost Breakdown Structure according to the relevant procedure, reviewing the procurement/accountin g system adopted in each Operating Companies/Branches involved into the project, and verifying the application of the CBS and the cost  traceability
▪ Issue the Project Cost Control Procedure, Cost Coding Manual and Risk Managemen t Plan, for the Project Control Manager verification, according to standards and contract specification and configure the Cost Breakdown Structure to monitor procurement and accounting activities
▪ If not provided during the commercial phase, split the Commercial Budget according to the intercompany scheme, contract and work schedule, in order to report revenues/costs by entity, currencies, and main cost accounts and prepare the cash-flow by currency
▪ Coordinate the risk managment activities startup organizing the first brainstorming and the qualitative / quantitative assessment of the identified risks and opportunities
▪ Carry out the Montecarlo Analysis


During the project execution phase:
▪ ensure the Cost Control System works effectively and cost status is soundly assessed and reported
▪ monitor activity progress and the relevant earned value, as well as the value of work done against the invoices received, determining  the monthly accruals (to have accounts in line with works progress)
▪ Support the Project during the contract changes/claims process providing the cost impact analysis, and keep updated the cost/revenues forecast relevant to intercompany services
▪ Analyse committed costs and activities to-date, review the estimate to complete, isolating any deviation from bas elines or adverse trend and warn the PM on time to take corrective actions in order to prevent overruns
▪ Maintain the risk management process organizing periodic meetings and verifying the risk owners feedback
▪ Issue the project and company reporting


At project closure
▪ Support the Project Control Manager in the preparation of the Project close-out Report and the costfeed-back data to Project Control  and Commercial Departments

 

Minimum Requirements: 

  • A minimum of 4-6 years of experience in a similar position 
  • Experience in working with data bases like SAP

  • Proficient in Microsoft Excel, Access, PowerPoint & word

  • Bachelor’s degree (preferably in Engineering, Construction Management or Business Administration)

  • Professional Qualifications ideally in Cost Management, Project Management or Engineering

Loading...

Apply now

Please start your application process. 

IMPORTANT: Please upload a pdf version of your CV

(the system support also other format but pdf will enhance additional functionality which will support the Recruitment)

Select file Change Remove
Information Notice on the Processing of Personal Data of Candidates