Cost Control Specialist

Building on our past. Ready for the future

Worley is a global professional services company of energy chemicals and resources experts. We partner with customers to deliver projects and create value over the life of their assets. Were bridging two worlds moving towards more sustainable energy sources while helping to provide the energy chemicals and resources needed now.

Roles and Responsibilities

• Verify EPC Contractor requests for payments including the required supporting documents and achievement of milestone events and certifying their entitlements for payments accordingly.
• Ensure that adequate information is supplied to verify progress claims against milestones and invoices submitted including calling for further information to substantiate progress claims where necessary prior to payment by the Owner.
• Review EPC Contractors Invoices Progress Measurement and Forecasts and provide assessments to Project senior management.
• Review Project Business Plans and Execution strategies to provide input to strategic priorities Operating Budgets and cost forecasts.
• Review EPC Contractors nominated Subcontractors un-priced bid submissions for Progress Measurement and Reporting requirements.
• Ensure that PMC procedures for Estimating Progress Measurement and Forecasting are approved and implemented.
• Provide functional input to the review and approval of EPC Contractors invoices and Change Order proposals.
• Participate in Project risk reviews constructability reviews and value engineering workshops.
• Provide functional input to PMC weekly / monthly progress reports and presentations to the Owner and provide exception reports related to the overall Project Cost.
• Review EPC Contract close-out reports and performance evaluation reports and provide functional input to Project senior management
• Review PMC systems and procedures to provide functional input and support continuous improvement.
• Establish and implement Project statistical database for benchmarking purposes.
• Review Project short term and medium-term constraints and concerns to provide mitigation plans and corrective actions.
• Avoid or minimize the variations from EPC Contractor by taking proactive and preventive actions.
• Perform trend analysis on both schedule and cost for early identification of potential deviations and advise Owner of their implications.
• Evaluate EPC Contractor change orders / claims request for any Engineering equipment or materials and Construction extras as well as schedule extensions with recommendation to approve modify or reject.
• Prepare Project cost reports to Owner highlighting current expenditure commitments and forecast payments to the EPC Contractor.
• Participate in the preparation of Project progress reports addressing cost and schedule trends productivity and actions taken.
• Monitor exchange rates and source of funds
• Provide total financial reviews and job financial close out
• Review all necessary cost and schedule trending and reporting functions in respect of its services and ensure that EPC Contractor perform such activities related to the Project execution of the following requirements :
• Ensure the raising of necessary documentation as per Project approved procedure for Change Order requests covering any changes in scope.
• Review the detailed cost estimate prepared by EPC Contractor for all such Change Order requests and support documentation of the anticipated impact on cost and / or schedule.
• Ensure the execution of EPC Contractor scope of work according to the EPC Contract Price Terms and Conditions.
• Maintain up-to-date registers documenting status of Change Order requests as per the approved procedure.
• Ensure inclusion of cost and schedule trends prepared by EPC Contractor in formats approved by Owner as part of the Monthly Progress Report.
• Maintain records of associated cost for each Change Order.
• Review comment & approve EPC Contractor cost report and cash flow.
• Review updated Project budget cost estimate (if required) for cost monitoring and control.
• Prepare Project cost control & budget monitoring report.
• Perform the necessary cost estimates studies (as required).
• Participate in Value Engineering activities.

Requirements

Moving forward together

Were committed to building a diverse inclusive and respectful workplace where everyone feels they belong can bring themselves and are heard. We provide equal employment opportunities to all qualified applicants and employees without regard to age race creed color religion sex national origin ancestry disability status veteran status sexual orientation gender identity or expression genetic information marital status citizenship status or any other basis as protected by law.

We want our people to be energized and empowered to drive sustainable impact. So our focus is on a values-inspired culture that unlocks brilliance through belonging connection and innovation.

And were not just talking about it; were doing it. Were reskilling our people leveraging transferable skills and supporting the transition of our workforce to become experts in todays low carbon energy infrastructure and technology.

Whatever your ambition theres a path for you here. And theres no barrier to your potential career success. Join us to broaden your horizons explore diverse opportunities and be part of delivering sustainable change.

Required Experience :

Unclear Seniority

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