JOB DESCRIPTION
Wood is experiencing positive growth and have upcoming new and exciting opportunities. We are currently looking for Expression of Interest applications for a Lead Cost Controller to be based in Aberdeen, Scotland. We offer flexible hybrid working. If you are an experienced Cost Controller and are looking for a new challenge, we welcome you to make an application.
Please note this is not currently a live role.
Job Objective:
The preparation and reporting of project cost budgets, and the tracking, management and reporting of project expenditure to enable robust control of projects throughout their lifecycle.
Accountable for the development of project budgets, the tracking of actual and forecasted costs and the generation of cost reports, ensuring they are prepared to the required level of detail and accuracy and accordance with contractual requirements and Wood policies, procedures and standards.
Supervises, guides, and manages the Cost team in terms of delegating work, reviewing the work output of the team where appropriate, providing guidance and support, and managing the development of the Cost team members.
Accountable for ensuring project budgets, costs and reports are documented and auditable and that project budgets, costs and reports maintained and issued in a controlled manner. Acts as focal point for all aspects of cost support to the project team and client, managing the communications interfaces essential for the effective delivery of project cost analysis and support. Accountable for identifying areas of best practise and driving continuous improvement within the Cost team. Responsible for ensuring cost systems, process, procedures, and standards are maintained.
Role may be standalone on a project or as part of a team as determined by the requirements of the project organisation.
RESPONSIBILITIES
Key Accountabilities & Responsibilities:
Accountable for ensuring project cost budgets are developed and maintained in accordance with the Project Work Breakdown Structure (WBS) and the Basis of Estimate
Effectively manage the communications interfaces essential for the delivery of the cost function
Liaise with procurement, finance, and time-capture functions, and third parties as required, to ensure accurate and timely capture of procurement, materials, subcontract and labour manhour costs
Ensure costs are allocated accurately in accordance with approved project WBS
Liaise with engineering, procurement and construction functions, and others as required, to maintain awareness of project activities and their impact on the project budget, schedule, and cost forecast
Manage the project / assignment work approval process in terms of accurate cost code allocation and initial budget set-up and approvals
Accountable for ensuring project cost budgets are developed and maintained using appropriate software applications
Monitor and review cost commitments and expenditures through all phases of project lifecycle
Liaise with project management, project planning, and others as required to ensure accuracy in project cost phasing and forecasting
Review and evaluate project cost performance reports in accordance with project reporting requirements
Review and evaluate updates to project cost forecasts
Review and issue of project change orders / variations in accordance with engineering and construction change notifications
Review, assess and communicate cost and schedule impact of change notifications
Monitor cost impact of achievement / non-achievement of major project milestones
Monitor overall project cost performance and contingency drawdown
Attend project / client periodic meetings and present project cost performance status as required
Facilitate / chair internal project cost performance meetings as required
Lead the project cost close-out process
Facilitate & participate in contract and corporate Risk Analysis sessions
Lead and participate in Project Controls Compliance and Continuous Improvement Reviews
Play a key role in the mentoring and career development of Cost personnel
Delegate and manage the work of subordinate project controls staff as required
Provide direction, guidance and support to subordinate project controls staff as required
Assist in staff performance reviews for cost team
Participate in contract and corporate Audits
Act as the Cost Focal Point for all project scopes within the assignment
Accountable for ensuring that:
Budgets correspond in structure and monetary value to submitted estimates, the WBS & CBS
Original and current budgets correspond to approved estimates plus approved scope changes through the project life cycle
Updates issued in a timely manner and cost reports are accurate within the bounds of the cost system
Projects are reported accurately and with sufficient detail
Project issues are highlighted in a timely manner
Project reports are issued in accordance with the contract reporting calendar
Scope and design development change orders are correctly identified
Change orders are tracked and correct submittal and approval dates are entered in tracking system
Change order status is adjusted within cost reporting system as change orders are submitted and approved
QUALIFICATIONS
Qualifications:
Typically requires ISCED level 6 (Bachelors) Degree in a relevant technical or business discipline (or equivalent gained through relevant vocational training and/or industry experience)
Knowledge, skills, and experience:
Extensive cost experience
Excellent knowledge of cost software and related principles, tools and techniques including budgeting, forecasting and cash-flow
Excellent knowledge of Project Execution Procedures for Cost Management including Change Management
Excellent understanding of WBS & CBS structures and project reporting capabilities
Advanced ability to develop project cost budgets and change estimates
Advanced ability to prepare cost reports
Excellent understanding of change management and associated cost and schedule processes
Excellent understanding of earned value application, cost and schedule variance analyses/trending and what-if scenarios
Excellent understanding of project management principles and techniques
Excellent understanding of Cost Management, Change Control, Planning & Risk Analysis & Management
Prior experience in a Senior or Principal Cost role and managing a team
Personal Attributes:
Demonstrates commitment to Wood Values, Visions & Behaviours
Applies analytical and statistical evaluation
Ability to work autonomously and as part of a team
Demonstrates effective organization & planning skills
Ability to handle multiple tasks and changing priorities in a fast paced environment
Strong communication skills both written and oral
Uses initiative, experience and a proactive approach to problem solving
Ability to guide, mentor & supervise others
Commitment to continuous improvement
ABOUT US
Wood is a global leader in consulting and engineering, helping to unlock solutions to critical challenges in energy and materials markets. We provide consulting, projects and operations solutions in 60 countries, employing around 35,000 people.
www.woodplc.com
Diversity Statement
We are an equal opportunity employer that recognises the value of a diverse workforce. All suitably qualified applicants will receive consideration for employment on the basis of objective criteria and without regard to the following (which is a non-exhaustive list): race, colour, age, religion, gender, national origin, disability, sexual orientation, gender identity, protected veteran status, or other characteristics in accordance with the relevant governing laws. #J-18808-Ljbffr
Wood is experiencing positive growth and have upcoming new and exciting opportunities. We are currently looking for Expression of Interest applications for a Lead Cost Controller to be based in Aberdeen, Scotland. We offer flexible hybrid working. If you are an experienced Cost Controller and are looking for a new challenge, we welcome you to make an application.
Please note this is not currently a live role.
Job Objective:
The preparation and reporting of project cost budgets, and the tracking, management and reporting of project expenditure to enable robust control of projects throughout their lifecycle.
Accountable for the development of project budgets, the tracking of actual and forecasted costs and the generation of cost reports, ensuring they are prepared to the required level of detail and accuracy and accordance with contractual requirements and Wood policies, procedures and standards.
Supervises, guides, and manages the Cost team in terms of delegating work, reviewing the work output of the team where appropriate, providing guidance and support, and managing the development of the Cost team members.
Accountable for ensuring project budgets, costs and reports are documented and auditable and that project budgets, costs and reports maintained and issued in a controlled manner. Acts as focal point for all aspects of cost support to the project team and client, managing the communications interfaces essential for the effective delivery of project cost analysis and support. Accountable for identifying areas of best practise and driving continuous improvement within the Cost team. Responsible for ensuring cost systems, process, procedures, and standards are maintained.
Role may be standalone on a project or as part of a team as determined by the requirements of the project organisation.
RESPONSIBILITIES
Key Accountabilities & Responsibilities:
Accountable for ensuring project cost budgets are developed and maintained in accordance with the Project Work Breakdown Structure (WBS) and the Basis of Estimate
Effectively manage the communications interfaces essential for the delivery of the cost function
Liaise with procurement, finance, and time-capture functions, and third parties as required, to ensure accurate and timely capture of procurement, materials, subcontract and labour manhour costs
Ensure costs are allocated accurately in accordance with approved project WBS
Liaise with engineering, procurement and construction functions, and others as required, to maintain awareness of project activities and their impact on the project budget, schedule, and cost forecast
Manage the project / assignment work approval process in terms of accurate cost code allocation and initial budget set-up and approvals
Accountable for ensuring project cost budgets are developed and maintained using appropriate software applications
Monitor and review cost commitments and expenditures through all phases of project lifecycle
Liaise with project management, project planning, and others as required to ensure accuracy in project cost phasing and forecasting
Review and evaluate project cost performance reports in accordance with project reporting requirements
Review and evaluate updates to project cost forecasts
Review and issue of project change orders / variations in accordance with engineering and construction change notifications
Review, assess and communicate cost and schedule impact of change notifications
Monitor cost impact of achievement / non-achievement of major project milestones
Monitor overall project cost performance and contingency drawdown
Attend project / client periodic meetings and present project cost performance status as required
Facilitate / chair internal project cost performance meetings as required
Lead the project cost close-out process
Facilitate & participate in contract and corporate Risk Analysis sessions
Lead and participate in Project Controls Compliance and Continuous Improvement Reviews
Play a key role in the mentoring and career development of Cost personnel
Delegate and manage the work of subordinate project controls staff as required
Provide direction, guidance and support to subordinate project controls staff as required
Assist in staff performance reviews for cost team
Participate in contract and corporate Audits
Act as the Cost Focal Point for all project scopes within the assignment
Accountable for ensuring that:
Budgets correspond in structure and monetary value to submitted estimates, the WBS & CBS
Original and current budgets correspond to approved estimates plus approved scope changes through the project life cycle
Updates issued in a timely manner and cost reports are accurate within the bounds of the cost system
Projects are reported accurately and with sufficient detail
Project issues are highlighted in a timely manner
Project reports are issued in accordance with the contract reporting calendar
Scope and design development change orders are correctly identified
Change orders are tracked and correct submittal and approval dates are entered in tracking system
Change order status is adjusted within cost reporting system as change orders are submitted and approved
QUALIFICATIONS
Qualifications:
Typically requires ISCED level 6 (Bachelors) Degree in a relevant technical or business discipline (or equivalent gained through relevant vocational training and/or industry experience)
Knowledge, skills, and experience:
Extensive cost experience
Excellent knowledge of cost software and related principles, tools and techniques including budgeting, forecasting and cash-flow
Excellent knowledge of Project Execution Procedures for Cost Management including Change Management
Excellent understanding of WBS & CBS structures and project reporting capabilities
Advanced ability to develop project cost budgets and change estimates
Advanced ability to prepare cost reports
Excellent understanding of change management and associated cost and schedule processes
Excellent understanding of earned value application, cost and schedule variance analyses/trending and what-if scenarios
Excellent understanding of project management principles and techniques
Excellent understanding of Cost Management, Change Control, Planning & Risk Analysis & Management
Prior experience in a Senior or Principal Cost role and managing a team
Personal Attributes:
Demonstrates commitment to Wood Values, Visions & Behaviours
Applies analytical and statistical evaluation
Ability to work autonomously and as part of a team
Demonstrates effective organization & planning skills
Ability to handle multiple tasks and changing priorities in a fast paced environment
Strong communication skills both written and oral
Uses initiative, experience and a proactive approach to problem solving
Ability to guide, mentor & supervise others
Commitment to continuous improvement
ABOUT US
Wood is a global leader in consulting and engineering, helping to unlock solutions to critical challenges in energy and materials markets. We provide consulting, projects and operations solutions in 60 countries, employing around 35,000 people.
www.woodplc.com
Diversity Statement
We are an equal opportunity employer that recognises the value of a diverse workforce. All suitably qualified applicants will receive consideration for employment on the basis of objective criteria and without regard to the following (which is a non-exhaustive list): race, colour, age, religion, gender, national origin, disability, sexual orientation, gender identity, protected veteran status, or other characteristics in accordance with the relevant governing laws. #J-18808-Ljbffr
