Posted 7 months ago

Budget & Cost Control Lead

Duration: 12 Months

Location: FRANCE / Paris or UK / London (depending on candidate's preference) during FEED and then at EPC premises in Baku, Azerbaijan.

Status: Residential

Missions / Service Dimensions

  • The service is starting from the Absheron Full Field Development (FFD) FEED phase sanction until the completion of the Development phase including Project close-out.
  • The service holder shall support the execution of the Absheron FFD FEED including, the safe and efficient execution of the work in accordance with the relevant legislation, policies and procedures.
  • This includes adhering to the Company Code of Conduct, Vision, Values and Behaviors, as supported by the Safe System of Working including Accountability of Safety.
  • The service holder is responsible for monitoring and managing financial expenditures within the Project organization, analyze costs, identify potential overruns, and implement strategies to control expenses, contributing to effective financial management.

Main Activities

The service holders must possess strong experience in Budget and Cost Control Management. Experience with developing and analyzing project budgets, expenses, and variances to ensure alignment with organizational goals.

The service holder shall:

  • Monitor and analyze FEED and project expenditures.
  • Collaborate with project teams to control expenses, fostering proactive cost management.
  • Implement and refine cost control strategies.
  • Review and approve project budgets to ensure alignment with financial objectives and constraints.
  • Provide comprehensive financial analysis and reporting to stakeholders.
  • Assist PCM manager to evaluate and negotiate contracts with suppliers and vendors to optimize costs and enhance project profitability.
  • Support the Change Management process implemented by being pro-active in early cost identification of deviations and corrective actions.
  • Ensure compliance with financial policies, procedures, and regulations. Able to work in large, collaborative teams with multiple site and partners.

Qualifications & Experience Required

  • Qualification: Lead discipline
  • Languages: English
  • Professional Experience: More than 10 years
  • Experience within project: More than 10 years
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