Barzan Restoration 0516 2026 Bz 1015 Cost Control Lead

Develop efficient cost services and provide expert leadership advice on cost estimating, planning, forecasting, accounting, allocation, reporting and control issues to ensure effective processes are utilised throughout the project life cycle. Develop and maintain Project Cost Control procedures, guidelines, workflows, reporting requirement and governance process, ensuring compliance with Company requirements and alignment with project execution needs. Develop and maintain Work Breakdown Structure (WBS), Cost Breakdown Structure (CBS), cost coding, cost databases, labour-hours information and benchmarking data to support estimating, forecasting, performance analysis, reporting and continuous improvement. Review and evaluate project budgets, cost plan, assumptions and forecast data to ensure cost centre owners and project management are fully appraised on cost governance requirements and the project expenditures remains aligned with approved funding and budgets. Prepare and coordinate funding submissions, including Advance Commitments (ACs), Full Funding(FF) and Supplementary Funding requests, and recommend budget transfers where required toensure adequate project funding and alignment of Project Cost at Completion with approved budgets. Develop and maintain project cost forecasts and annual Work Program & Budget (WP&B)submissions, taking into consideration approved scope, progress achieved, trends, risks and remaining work. Monitor, validate and reconcile Contractor cost reports, invoices, commitments, accruals and supporting documentation; review and endorse Contractor deliverables including VOWD reporting, Trend Management and Earned Value Analysis, ensuring contractual compliance and effective stewardship of project funds. Prepare, review and challenge cost estimates for change orders, trends and scope variations; verify project commitments are aligned with approved budgets and ensure change orders are evaluated, processed and approved in accordance with contractual obligations and Company governance requirements. Analyse cost performance, trends and forecast deviations, providing early warning of potential cost overruns and funding impacts; recommend and monitor corrective actions and recovery plans in coordination with the Project Controls and the Project Management Team. Develop and maintain cost reporting solutions, management dashboards, performance indicators and executive reporting to ensure timely, accurate and actionable cost information is available for project decision-making; participate in Gate Reviews, Independent Project Reviews (IPRs), audits and assurance activities as the project Cost Subject Matter Expert