Contract: Project Cost Lead / Basrah

We are looking for multiple Project Cost Leads to join a major operator in Iraq on a 28/28 rotation starting in March 2023.

As Project Cost Lead you will play a key role in delivering a complete suite of cost-control services and financial support for projects.

The Project Cost Lead duties and responsibilities are as follows:

• Develop the project cost control strategy, plans and procedures, reflecting both company and contractor roles and responsibilities;
• Adhere to the segment financial, business and project processes;
• Address issues pertaining to project cost control procedures;
• Coordinate development and implementation of project work breakdown structure / cost breakdown structure in concert with Project Lead and Project Planning/Scheduling Engineer;
• Participate in the development of project execution plans;
• Participate in the development of estimates and studies within a project stage and for sanction;
• Coordinate and develop appropriate control budgets consistent with project estimate and WBS / CBS;
• Implement and monitor costs within each project stage and for entire project until completion or close-out;
• Collect and compile progress and cost data, and develop cost-control worksheets and reports for review by delivery teams;
• Provide cost input to commitment close-out process;
• Review and audit contractor cost control procedures and practices;
• Perform quality assurance on contractor cost-management performance;
• Ensure the development of estimates and studies within a project stage and for sanction;
• Coordinate or develop appropriate internal and external benchmarking and technical limits;
• Coordinate preparation of cost risk analysis;
• Review financial data related to accruals, invoice payments, purchase orders and material deliveries and other financial data;
• Provide cost input to and implement the cost element of change management procedure
• Provide cost input to and implement the cost element of risk management plan;
• Coordinate the development of risk mitigation plans as delegated;
• Link risk process to change process and estimate;
• Coordinate and develop project work-in-place, commitment and estimate at complete forecasts;
• Coordinate and develop project annual-spend projections, cost reconciliations and variance analyses;
• Prepare project authorization for expenditure in concert with Project Lead and monitor approval process;
• Assist and prepare cost performance management data;
• Provide interface to other functions and teams to improve processes, resolve conflicting priorities and ensure adherence to best project practices;
• Work with Financial Control and Accounting function to ensure implemented processes conform to internal control evaluation requirements;
• Prepare and implement project-wide cost measurement and reporting system, including roll-up levels and reporting cycle calendar;
• Develop and issue various reports to appropriate stakeholders;
• Develop project close-out plan;
• Work with business unit or project controller and accounting function to ensure adequate financial controls;

REQUIRED QUALIFICATIONS:

• Extensive project control or project management experience on large projects;
• Moderate or better experience level with cost management tools;
• Ability to organize and prioritize work and meet deadlines;
• Ability to recognize and solve problems;
• Analytical ability;
• Bachelor's degree.

EDUCATION: Minimum of a bachelors degree required
CERTIFICATIONS; None specified
LANGUAGES: English fluency required