Head of Cost Estimating

Job Purpose:

Provide advice on cost management including estimating, forecasting, reporting, allocation, planning and stewardship for costs and expenditures within Projects.

Job Responsibilities:

• Develop efficient cost services and provide expert advice on cost estimating, forecasting, accounting, allocation, planning, reporting and control issues to ensure effective processes are utilised throughout the project life cycle.
• Lead the financial input into Funding Packages submittals such as Advance Commitments (ACs), Full Funding (FF), Supplementary Funding whenever required and recommend budget transfers to ensure that all necessary funding is provided, and Project Cost at Completion is aligned with the approved budgets.
• Develop and maintain benchmarking (manhour, cost, productivity, etc.) database to provide support for estimating requirements as required.
• Estimate and challenge the cost for potential change orders/claims by the FEED/EPC Contractor.
• Forecast cost estimates and prepare annual Work Program and Budget (WP&B) taking full consideration of project scope, progress achieved and pending to complete scope.

Qualifications and Experience:

• Bachelor’s Degree in Business, Accounting, Commercial, Marketing, Sciences, Engineering, Project Management, Supply Chain Management, Law, Communication, Technologies, Mathematics or Statistics.
• 10 years’ experience in business related function or discipline, including 6 years in the Oil & Gas Industry, and 2 years’ experience in a supervisory or acting role, or oversight of contractor / subcontractors / service / vendor personnel.
• Experience with Oil & Gas Companies, EPC contractors, sub- contractors, vendors, or service companies involved in the oil and gas industry.
• Strong knowledge in project business related function/discipline such as planning, scheduling, cost control, estimating, claim management, risk management, change management, procurement, pre- and post- award contract management, actionable and informative reporting, support services, lessons learned, etc.
• Experience managing business functions/discipline.
• Extensive knowledge of international standards, best practices and methodologies as it relates to business disciplines.
• SME level competence in cost estimating discipline.
• Knowledge of relevant business processes/procedures.
• Experience with risk assessment approach in decision making.
• Strong knowledge of relevant software and computer skills, e.g., dashboards, data analytics, SAP, etc.
• Experience working in large scale operating organizations in Operations, Projects, Subsurface, etc.