Summary
Penspen is an energy services company providing engineering, project management, asset management and integrity services. The Senior Cost and Budget Controller will oversee project cost management and budget control, review EPC contractor estimates and forecasts, validate cost reports, and assess claims, invoices and variation orders. The role also supports cost baselines, change control, cash flow forecasting, monthly performance reporting and project closeout. The position is based in Alkhafji, Saudi Arabia; applicants need a relevant degree or diploma and 10 or 14 years of experience depending on the qualification route, including at least 6 years in project cost engineering for major oil and gas or petrochemical projects.
The posting
As published on penspen.com. Pulled from the employer's site and shown as they wrote it.
Penspen is a leading energy services company, providing engineering, project management, asset management and integrity services to the energy industry worldwide for over 70+ years. Originally founded in the UK in 1954 as Spencer & Partners, the company has now grown to include almost 1,000 members of staff, with major offices in London, Mexico, Colombia Houston and Abu Dhabi, Saudi Arabia, Kuwait. (https://www.penspen.com) About the job:Provide overall cost management and budget control oversight for the project, ensuring EPC contractor financial performance aligns with approved budgets and contractual commitments. Review cost estimates, budgets, commitments, and forecasts submitted by the EPC contractor. Lead cost reviews, validate progress and cost reports, and provide variance analysis and recommendations. Evaluate contractor cost control procedures, ensuring compliance with PMS and Client requirements. Support the Project Controls Manager in developing cost baselines, change control procedures, and cash flow forecasting. Review and validate claims, invoices, and variation orders for accuracy and contract compliance. Prepare monthly cost performance summaries and support final cost closeout and lessons learned documentation.Education & years of Experience: Alternative (I): Bachelor's Degree in Engineering/Quantity Surveying/Administration/Business or Equivalent closely related field. Alternative (II): Diploma or Equivalent with a Certificate from a recognized agency in project cost related expertise.Alternative (I): Ten (10) Years Alternative (II): Fourteen (14) years A minimum of Six (6) years Project cost engineering experience for major Oil and Gas/Petrochemical projects. Capable of evaluating and consulting on project cost accounting. The job location will be based on Alkhafji - KSA. If you have the skills and are interested, please apply on the link below - https://careers.penspen.com/vacancy/senior--cost--budget-controller-611495.html#hs_show_apply_popup=true#LI-BA1