Cost Control Manager / Malaysia

The Role: Cost Control Manager

Type: Permanent

Location: Malaysia
 

Job Description:

Experience Required:

• Prior experience in oil & gas operations / Project Controls
• Excellent communication and analytical skills
• Familiarity with cost systems
• Excellent command on Microsoft Excel

Operationally Reports To:

• N/A

Functionally Reports To:

• Area Director Project Controls

Liaise With:

• Project teams, functional departments and leadership team.
• Some engagement with client and subcontractors / vendors may be required.

Primary Functions:

• Supervises Cost Engineers / Cost Control specialists on multiple projects.
• Responsible for the following activities of the portfolio of projects in the Area:
• Cost Forecasting and Cost Control
• Area Financial reporting
• Data Analytics
• Change Management
• Risk and Opportunity Management
• Bid support and development of Estimation Benchmarks
• Development / Review of Cost Control Processes, Systems, Procedures and tools
• Management of Cost Control resources in the Area
• Training and development of Cost Control teams
• Active engagement with other Area initiatives

Tasks and Responsibilities:

• Cost Forecasting and Cost Control ? Manage diverse workforce of cost control leads and specialists on projects to ensure consistent and effective application of cost control systems, processes and tools for transparent & efficient forecasting.
• Ensure company standards for Project Controls and industry best practices are implemented on projects. ? Assist with project set-up activities including establishment of cost baseline, systems set-up and development of effective cost breakdown structure. ? Establish processes and gates for early identification of issues
• Ensure trending and forecasting processes are established on each project. ? Ensure alignment of cost forecast with project execution plans and latest available information. ? Guide cost control teams to perform cost sensitivity analysis for each phase of the project to provide certainty for financial forecasting.
• Monitor financial performance of the portfolio of projects; make appropriate recommendations to project teams / management to improve project financial performance.
• Where multiple execution methods exist, guide teams in evaluating various options and provide recommendation
• Ensure that Change Management, Risk and Opportunity Management, and Contingency Management processes are established and functioning on each project
• Assist Project teams with data analysis and problem solving.
• Participate in monthly project reviews with project teams and senior leadership.
• Area Financial Reporting and Data Analytics
• Responsible for maintaining key financial data from various projects to provide data analytics, trending and benchmarks.
• In conjunction with finance, provide financial updates of the Area to senior leadership for review and provide guidance on look ahead.
• Ensure all regular and any ad-hoc reports, are of the highest standards and are available for management reviews in a timely manner.
• Estimation Benchmarks and Bid Support ? Support the estimating group in providing inputs such as Project Controls procedures and estimation benchmarks.
• Participate in key bid estimate reviews.
• Processes, Systems and Procedures
• In conjunction with Global functions, active participation in review of efficiency of cost control processes and systems and provide recommendations.
• Active participation in review and updates of Area / project specific cost control procedures.
• Resource Management
• Provide functional leadership to cost control resources in the Area.
• Ensure all projects are appropriately staffed with cost control resources.
• In conjunction with Project Management and Area Project Controls Director, ensure any conflicts are resolved in a timely and effective manner.
• Work with Project Controls Managers to set goals and objectives for cost control resources.
• Develop, train and guide cost control professionals and conduct regular performance reviews.