Oil & Gas Cost Control Manager
Hire Rightt - Executive Search & HR Advisory · Abou Dabi
Job description
About the role
The Cost Control Manager will oversee project cost management, budgeting, forecasting and financial performance monitoring for EPC oil & gas projects in Abu Dhabi.
Key responsibilities
- Establish and maintain cost control procedures, systems, reporting standards and governance frameworks.
- Lead preparation and monitoring of project budgets, cost plans, forecasts and cash flow projections.
- Monitor actual costs, commitments and forecast expenditure against approved budgets, identifying variances and recommending corrective actions.
- Prepare and review periodic cost reports, management reports, variance analyses and executive dashboards.
- Maintain accurate cost records, cost allocations, accruals and financial forecasts.
- Review purchase orders, contractual commitments, subcontractor costs, change orders and potential claims.
- Identify cost‑related risks, opportunities and potential overruns, developing mitigation measures in collaboration with relevant stakeholders.
Required profile
- Bachelor's degree in Engineering, Construction Management, Quantity Surveying, Finance or related discipline.
- MBA or relevant postgraduate qualification is an advantage.
- Professional certifications such as Certified Cost Professional (CCP) or Project Management Professional (PMP) preferred.
- 10–15 years of experience in project controls, cost control, commercial management or project management.
- At least five years in a managerial or team leadership position.
- Demonstrable experience in EPC, oil & gas, energy, infrastructure or industrial projects.
- Proven experience in project budgeting, cost forecasting, variance analysis, cost reporting and financial performance monitoring.
- Experience working with multidisciplinary project teams and senior management.
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Published 3 days ago
Expires 1 month from now
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Hire Rightt - Executive Search & HR Advisory
Abou Dabi