Senior Cost Analyst
Khobar, Saudi Arabia
Job description / Role
51,000 people. 49 countries. Over 120 office locations.
We're not just engineers. We're a global team of data scientists, consultants, construction workers and innovators all working to create a better tomorrow. Every day, we help customers in energy, chemicals and resources get one step closer to solving our planet's toughest issues. Climate change. The energy transition. Digital transformation. And how we can deliver a more sustainable world.?
Whatever your ambition, there's a path for you here. And there's no barrier to your potential career success. For more information, visit Worley.com
RESPONSIBILITIES & ACCOUNTABILITY
Technically qualified and experienced staff for implementation of project controls best practices to support the project management team to execute projects on time, on budget, and to specification.
Utilize Worley(and/ Client) WBS & associated CoA to produce reports, track & forecast EPC costs and overall work performance
Displays efficient and cost effective management of duties - prepare and present efficient written analysis of TIC cost variance
Effective and result oriented, interfacing with the PM and/or departments to perform job efficiently
Assigning and reviewing work of subordinate cost and planning staff
Job Specific Knowledge:
Is familiar with, and is fully capable of application of skills and methods in cost engineering, estimating and planning engineering as contained in AACE and PMI (PMBOK) standard practices.
Sound understanding of project delivery phases, activities performed in each phase, and deliverables at the end of each phase - Constructability & VIP reviews/ Cost Estimate/ Execution Plan / PFD / P&ID / HAZOP / 3-D Equipment and Piping Model / Plot Plan / SLD / Ortho's & Isometric production / E, I&C Installation drawings / Loop Drawings / CWP / etc,
Have experience working on major EPCM and / or EPC (LSTK) contracts, in working on projects within the Oil and Gas, Power and industrial sectors.
Strong knowledge of, and the interrelationship of a good technical project scope definition, quality of the schedule and estimate, construction sequence and execution, procurement and contracting strategies, commissioning and start up
Strong working knowledge of coding structures for EPCM and / or EPC projects - WBS, EPS, OBS, RBS, Client Coding Requirements
Capable of developing and maintaining a control budget and forecast for engineering services - including changes, trends, CPI / MPI, etc
Capable of developing and maintaining a control budget and forecast for EPC (TIC) - including materials and sub-contracts
Understanding of financial interface for expenditures, revenue recognition, invoicing, cash flow / cash calls
Capable of developing contingency worksheet and drawdown curves
Working knowledge of "three-point estimating" and confidence levels of estimates (for activity duration) based on the value of SIGMA (Standard Deviation) Concept
Full understanding of cross-functional interfaces with, and deliverables engineering, procurement - materials & sub-contracts, estimating, cost management, construction & commissioning, safety, quality, finance/accounting, and document control
Capable of managing impact of change & trends and resulting cost re-baselines and forecasts
Working knowledge of Earned Value Measurement in engineering, procurement & construction
Strong experience with Cost Measurement tools, Progress and Performance Measurement tools (including Time Management systems)
Working knowledge of schedule risk analysis process and tools - quantitative
Possess extensive experience in progress measurements and progress reporting for engineering, procurement and construction
Ability to work well as an integral part of a large project team that includes the customer, engineering disciplines, construction management team, and 3rd party suppliers
Capable of developing and delivering a professional presentation in slide show, report and verbal format for an audience of 5 persons
Effective analytical and problem-solving skills
Effective communication skills both verbally and in writing with superiors, colleagues, individuals both inside and outside the project team
Strong work ethic, produces accurate and credible deliverables, meet deadlines
Industry Specific Experience:
Ten plus (10 ) years of progressive experience to include a minimum of five (5) years supervisory experience and five (5) years extensive experience in TIC cost management, earned value & risk analysis, performance measurement, and milestones & project auditing.
Demonstrates awareness of health, safety & environment issues (including current government (federal and provincial) legislations); takes action to ensure zero harm to all employees, customers, contractors and the environment.
Clear understanding of the obligation of the employer and employee related to HSE incidents / accidents in the workplace
Must be proficient in custom reporting software, project and portfolio tools such as Excel, Access, Word, PowerPoint, etc
Excellent leadership skills and ability to influence, mentorship skills, and relationship building skills
Superior interpersonal, organizational, analytical, managerial and communication skills.
Proven methodology development skills, curriculum development and review skills, as well as presentation and facilitation skills
Authority / Freedom To Act / Decision Making (Including Budgetary Responsibility)
Extent of Guidance or Control:
Often a key support person to the Project Controls Manager and Project Manager .
Works under direction of the Project Controls Manager or Project Manager: performance is subject to periodic review to ensure conformity to administrative and project objectives
Impact of Decisions on Results:
Timely and accurate update of the current project schedule, analysis of cost variance, and report on corrective measures
Position Significance Relative to Total Organisation:
May assist in the training of project cost controllers at less senior levels by providing guidance in work methods and procedures as detailed in the Worley PCDP training programs
Other Relevant Information
Willingness to be assigned to field construction organization on short term or long term basis
A university degree in engineering, or equivalent.
Eligible for Certification by PMI (PMP) and/or AACE or similar accredited project management institute
Willing to undergo rigorous in-house Worleys PCDP and quality training
Additional technical and leadership training and project related seminars
What we offer you
Providing an agile culture and challenging work opportunities results in a positive work environment. Our people enjoy competitive compensation packages and a fun, personal, collaborative and safe working environment. We value equal employment opportunity and are committed to promoting fairness, equality and diversity.
Our policy is to conduct background checks for all candidates who accept an offer of employment with us.
If you have the passion and talent to keep up, it's time to test the limits of what you can become. Find your future with Worley.
About the Company
Worley is a leading global provider of professional services in the energy, chemicals and resources sectors. We partner with our customers to address their most critical challenges at every stage of their projects: from initial concepts to sustaining and enhancing their assets. And we provide smarter, bolder solutions while delivering on our own sustainability commitments.
We are 51,000 bright minds across 46 countries all driven by a common purpose – delivering a more sustainable world. While working to fulfill our ambition to be recognized globally as the leader in sustainability solutions.