Cost Control Lead at WTS Energy

Job Summary

• The job holder is responsible for all the activities related to Budget and Cost Control on the Project and all along the course of the Project.

Main Responsibilities

• As a general manner, to provide assistance to the Project Management for all matters related to Budget and Cost Control Project activities and general Cost reporting.
• To organize, co-ordinate and control all the activities by informing, supporting, and directing personnel in their roles, responsibilities and objectives.
• To give advice and propose improvements with regards to the Project Cost coding structure to be developed.
• To ensure right implementation and propose improvements of Project and Corporate procedures, means and tools in order to ensure the efficient organization and operation of the Project Cost Control activities.
• To participate (from Cost Control point of view) in the preparation/consolidation and review of the various Project budgets and updates (internal and external/Annual and Multiyear) with inputs from the members of the Project Team and provide “ad hoc” economics support as required.
• To provide the necessary checks, approval functions for invoices submitted, in accordance with Contracts, Project & Company procedures.
• To provide input into the System, regarding payment schedules (cash calls), invoicing and cost control issues as required.
• To prepare for issuance the necessary Project cost information and data, Subsidiary and Partners/Shareholders/ Concessionaire/Company.
• To assist in the cost assessment of any contract variations and identify any Project cost trends, drifts, variances data update and maintain the Project Final Cost Estimate, prepare the Monthly Cost Report with comments.
• To liaise actively with Finance Department for all matters related to cost and accounting as required (Commitments, invoice processing and payment, accruals, payment claims and disputes…)
• To ensure strict confidentiality of all the Budget and Cost documentation.
• To timely report to Project Control Manager, highlighting achieved progress and timely reporting any area of concern or problem encountered; to assist and support him with all matters related to Cost Control.
• To gather ‘lessons learnt’ and provide feedback to other entities as required.

Educational Qualifications & Skills

• University Degree or Diploma in Engineering or its equivalent 

Professional Experience:                       

• 5 – 15 years

Experience in similar position:              

• 5 years