Cost Management Professional

6 days ago


Weybridge, Surrey, United Kingdom Prax Group Full time
Prax Group

We are looking for a highly skilled Cost Management Professional to join our team in Weybridge or Aberdeen. As a key member of our Upstream business, you will play a crucial role in supporting effective Project Control delivery through proactive cost and progress monitoring and management of Risks & Opportunities registers.

This is a fixed term maternity cover for 12 months.

About the Role

The successful candidate will be responsible for:
  1. Supporting the Project Controls Team Lead with monitoring spend profile versus approved control budget (AFEs) and re-forecast costs with scope changes.
  2. Preparing appropriate work programmes and budgets.
  3. Coordinating departmental budget through robust cost control.
  4. Ensuring that the Upstream Management Team is regularly appraised of operational status.
  5. Liaising with suppliers and contractors regarding managing their budgets, change management & cost forecasts.
  6. Liaising with the Finance Manager on updating Corporate Risk and Opportunity Register.
  7. Coordinating regular input into Functional Risk and Opportunity Register.
  8. Promoting effective communication between project teams, operations team, and internal support functions.

Key Responsibilities

Your key responsibilities will include:
  • Maintaining accurate records of project expenditure and identifying areas for cost reduction.
  • Developing and implementing cost-saving initiatives.
  • Collaborating with cross-functional teams to ensure seamless project execution.
  • Providing regular project updates to stakeholders.

Requirements

To be considered for this role, you should have:
  1. A Project Controls and/or Project Management Qualification.
  2. Degree Level Education.
  3. Excellent MS Excel skills.
  4. 3-5 Years Oil & Gas experience in project controls.
  5. Experience in H&S Risk Assessment.
  6. Experience in planning for and monitoring small projects.
  7. Highly motivated with excellent analytical and interpersonal skills.

What We Offer

The salary for this position is £60,000 - £80,000 per annum, depending on experience.

You will have the opportunity to work with a dynamic team and develop your skills in project controls, cost management, and risk assessment.

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