Cost Lead

Assignment Description

• Assist in establishment of control budgets for all project work from an authorized approved estimate with separate identification of cost elements. 
• Work with Project team to develop required cost management procedures.
• Responsible for project reporting of overall project cost analysis and control on the project.
• Responsible for gathering timely and accurate Value of Work Done (VOWD) data.
• Gather and provide consolidated cost reporting.
• Monitor contractor’s productivity and performance (Cost Performance Index) and analyze contractor’s forecast to complete with performance factors.
• Provide input to Monthly Status Report.
• Work with Project Management on development and implementation of monthly contingency drawdown curves.
• Ensure compliance with the cost and work breakdown structure coding.
• Gather and track all actual costs against a control budget and monitor variances utilizing corporate AP.
• Provide real-time cost forecasts that will consider actual cost received to date, outstanding commitments and productivity.
• Oversee reconciliation of actual monthly corporate project charges and reclassification of any internal/external charges.
• Monitor and control changes to work covered by the governing AFE control estimate and the basic design documents.
• Maintain and implement a Cost Trend/Change Order log showing pending, approved and rejected.
• Ensure the development and maintenance of company standards and resources for cost services.
• Perform period project audits to insure actual and forecasted costs are accurately being reported.
• Possess the ability to organize large amounts of information into a coherent and meaningful format while working on multiple prospects simultaneously.

Qualifications Required

• Bachelor or Associate degree in Engineering or related field.
• 10-15 years’ experience in the Engineering, Procurement, Installation and Construction Industry
• 10-15 years’ experience in cost forecasting for all aspects of Oil & Gas projects
• Cost system expertise
• SAP Expertise
• Microsoft Office programs expertise
• Excellent presentation skills
• Sound knowledge of database architecture and functions

Duration

Long-term contract

Location

Houston, Tx