Job functions:

Budget:

• To prepare for review dedicated yearly and LOP forecasts data for the package.
• To prepare for review the detailed annual budget and updates in liaison with various internal entities and disciplines leads.
• To participate in the presentation and to defend the budget performance as required.
• To control budget availability for each commitment
• To ensure budget control, highlighting current trends and to justify variances between Forecast and Budget
• To establish register, to update, monitor and control the commitments, expenditure incurred and forecast for all contracts and purchase orders.
• To perform specific Cost Analysis
• To provide input to the PALM (SAP) system, with regard to commitments, payment schedules, invoicing, time sheets and cost control issues, as required
• Liaise with the NOC Finance entity to ensure that G&A and other common costs are charged fairly to the Major Project budgets.

Closure:

• To prepare the monthly closure and make sure accruals done in PALM system are in accordance with current project(s) progress.
• To prepare all necessary documents as necessary for compliance regarding accruals

Cost reporting:

• To issue a detailed internal and external monthly cost report (Trends, Areas of Concern, Budget Variance analysis, Commitment/Expenditure figures, forecast at completion etc.) with comments and advise Project/Package Management on cost over-runs in a timely manner.
• To ensure correct and auditable records of all matters with Project expenditures, contracts, budgets, cash flows, forecasts, etc.
• To supervise the contractors and suppliers cost control activities.
• To deliver monthly cash forecasts for the perimeter.

Invoicing:

• To implement an efficient invoicing process and comprehensive control of the services to company.
• To check and monitor invoices, in liaison with accounting department to enable timely payment of invoices.

Organization:

• To develop, communicate and implement procedures to ensure the efficient organization and operation of the Project budget and cost control activities.
• To advise, during project setup post award, contractors on key commercial requirements (invoicing format and submission, cost reporting etc.)
• To anticipate additional requirement for cost control support during execution of the project(s)

General:

• To promote cost consciousness within the entity
• To ensure confidentially is being kept as per sensitive data.
• To liaise with internal and external auditors for cost justification
• To prepare the required cost recovery related documentation
• To liaise actively with Finance entity for all matters related to cost and accounting as required (Commitments, invoice processing and payment, accruals, payment claims and disputes...)
• To prepare commercial close out of the contract and archive all financial documentation.
• To carry out any other duties or tasks that may be assigned by hierarchical superiors.

Qualification:

• Degree in Economics or equivalent
• Minimum 10 years’ experience in similar activities for Oil & Gas projects.
• Advanced knowledge & experience in use of relevant computer systems (SAP, Excel, Word, PowerPoint and Power BI)
• Fluency in English
• EPC Contracts mechanisms
• Available for technical missions worldwide,
• Strong communication skills,
• Ability to work on projects in a complex and multicultural environment,
• Good analytical skills.