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NES Global Talent is a leading global technical recruitment company providing professional contract and direct staff to a diverse world-wide client base within the Oil & Gas Industry. Our client, a major Oil and Gas Operator have an opportunity for a Sr Project Cost Control Analyst to work in a long term Permanent Hire position based in Houston, Texas. DESCRIPTION: - Maintains and monitors the Project Cost Control System, which includes evaluation and communication methods, conformance to policies and procedures and tracking and reporting tools, to ensure that Project cost control requirements, milestones and overall budget objectives are met. - Reviews existing project cost related procedures and policy, standard terms and conditions, work instructions, communications, cost tracking methods and tools and recommends improvements or updates in order to meet project and management cost control directives and
current and future business requirements. - Supports the Project Team by assuring that all essential cost control aspects of the project (such as adherence to scope, milestones, budget and schedule, manpower, man-hours, contractor issues, etc.) are monitored and communicated to the proper Team Member(s). - Provides assistance to Project Team to ascertain cause of significant deviations from planned budget and cost performance, requirements and/or milestones. Assists in the development of action plans to correct unfavorable budget control performance or to take advantage of unusually favorable cost performance trends. - Coordinates Project Cost Control to manage all cost control and related resources involved in Project Management, Engineering, Drafting, Procurement, Home office Construction, HSE & Quality, Planning, Scheduling, Contract Administration, Project Coordination and Outside Consultants. - Setup
and maintain a cost control system and process to evaluate, monitor, track, forecast and report project costs, and cash flow. Manages project Budgets and Forecasts and ensure cost are aligned with planned costing. Review and analyze costs against budgets and recommend corrective actions to rectify potential over budget items. - Coordinate project Change Management process for budget variations and control. Work with Contracts Manager to coordinate potential Client change orders. Lead efforts in preparing internal administration variations and external variation with engineering contractors. - Monitors common contract policy and procedures to ensure the timely preparation/submission of contractor timesheets and invoices, status of collections and reporting. Review invoices for accuracy of coding and charges. - Maintain project WBS coding structure ensuring alignment with corporate list. - Prepare and
maintain project manpower and man-hour status reports. - Works with Planning procedures and specification development (technical and commercial); contract development.