Senior Project Cost Controller

at  Omega 365

Omega 365 Consulting is a leading supplier of highly skilled project personnel in the oil and gas, renewable energy, and infrastructure sectors. We offer a wide range of consultant assignments, featuring many of the most exciting projects in Norway and internationally.

ASSIGNMENT DESCRIPTION

• Support the development of plans, procedures, and processes for cost control.
• Lead the implementation of plans, procedures, and processes for cost control in projects.
• Lead the development and implementation of systems and tools for cost control.
• Support the development of cost estimates, ensuring alignment with cost control requirements.
• Develop the Project Cost Breakdown Structure (CBS) aligned with the Project Work Breakdown Structure (WBS). Setup, populate and maintain the different CBS elements in the Company’s ERP/cost control system: IFS
• Establish the project budget based on the cost estimate information, setting up the project cost baseline.
• Coordinate cost information for all phases and levels in the project
• Perform periodic cost control of the projects, including VoWD and Earned Value methodologies, comparing the current status with the cost baseline and updating the project cost forecast.
• Liaise with the project team members and make sure that all involved roles are aware of the criticality of the delivery with respect to cost forecast.
• Liaise with the project planner to ensure alignment of project cost and schedule information and to jointly develop the project cash flow curve.
• Liaise with project cost estimator and project planner for the determination of the contingency release strategy.
• Ensure that codes for timekeeping are available in the project man-hour system and assist the project organization in timekeeping.
• Support the implementation of cost requirements in tenders processes
• Monitor cost requirements for project POs and subcontracts
• Provide cost input to Management of Change activities
• Provide cost input to VOR preparations
• Establish a new project cost baseline if required.
• Prepare routines for effective communication between all relevant project group participants across all internal and external interfaces.
• Prepare periodic cost reports and input to project monthly report
• Support Business controller with the preparation of invoices and revenues reports.
• Support Business controller with the financial closure of projects
• Support to Risk Management activities and Quantitative Risk Analysis (QRA).
• Contribute to experience transfer and lessons learned activities

QUALIFICATIONS

• Master or Bachelor degree in a relevant discipline.
• Minimum 10 years of relevant experience in the wind industry or the oil and gas industry.
• Sound knowledge and experience in VoWD and Earned Value methodologies
• Familiarity with industry best practices: AACEi, PMI
• Knowledge of related project controls functions including planning & scheduling, cost estimating, change control, document control and reporting.
• Proficient in IFS
• Excellent knowledge of MS Office Packages
• Proficient in English, both orally and written.
• Good communication and cooperation skills
• Structured and systematic approach
• Good analytic skills
• Able to work on a number of complex tasks at the same time
• Proactive, solution and goal orientated.
• Multidiscipline mindset and good understanding of interface management

Please refer the Job description for details