Cost and Budget Management Lead

Job description / Role

- Overall responsibility for the cost and budget management discipline within the PMO
- Responsible for providing harmonised standards and processes by which relevant parties manage contract costs and budgets.
- Responsible for cost monitoring and forecasting advice to the business, in accordance with the approved standards and processes.
- Accountable for interfacing with the Planning function (PMO), Commercial and Finance, to provide a coherent approach for period reporting of costs.
- Accountable for providing assurance on the cost and budget data reported by relevant parties and of the cost and budget data reported in PMIS.
- Accountable for assessment of reported cost data for trends, risks or opportunities that have not been identified in the reports and make recommendations at all levels as appropriate.
- Accountable for assessment of reported data for early indication of potential overruns of budgeted cash flows and advise the business accordingly
- Responsible for the provision of cost analysis and recommendations to senior management where independent cost analysis is required.
- Accountable for interfacing with the Risk Management function (PMO) to enhance the quantification of financial risk.
- Accountable for the provision of budgeting advice to the business, in accordance with the approved standards and processes.
- Acts as a single point of contact with Finance on MoF requirements for annual budgeting for dissemination to project teams.
- Accountable for the initiation, expedition and assembly of budgets and cash flow requirements for Programs/Projects
- Provides expert advice on cost and budgeting issues related to current projects to relevant parties, conducting analysis of actual performance against plan.
- Accountable for the preparation of all reports and reviews of project cost and budget performance, providing all relevant parties with appropriate feedback and advice.

Requirements

- Bachelor's Degree in relevant discipline
- Masters degree preferred
- Chartered status or Professional Registration required
- 15+ yrs of relevant experience
- Excellent analytic skills
- Excellent leadership and interpersonal skills
- Excellent communication skills
- Coordinates efforts of specialty teams to include budget control, scheduling, cost
- engineering/control, quality control and similar activities
- Must have worked on programs of a similar size, working in a similar position

About the Company

Qatar Project Management (QPM) is an independent subsidiary of Barwa Real Estate Development Company that provides expertise in Project Management, Design Management, Construction Management, and Contract Administration together with other associated Project Management functions. Established in 2008, QPM is centralized platform for provision of Project Management services to Barwa and Qatari Diar as well as local and international markets. QPM provides these services through an in-house team of highly-skilled, motivated, and qualified professionals supported by state-of-the-art information technology and highly-effective Project Management systems.