Cost Control & Contract Lead

Wood is recruiting for a Cost Control & Contract Lead to join its Iraq business unit focusing on leading the cost control and contract management activities within the

Maintenance Planning Section on 28/28 rotation.

This role is a full-time on-site role in Basra, Iraq.

Responsibilities

Wood is recruiting for a Cost Control & Contract Lead to join its Iraq business unit focusing on leading the cost control and contract management activities within the Maintenance Planning Section on 28/28 rotation.

This role is a full-time on-site role in Basra, Iraq.

#Wood #Iraq #Basra #Cost Control & Contract Lead

The role

This is an exciting opportunity for an experienced Cost Control & Contract Lead to join our Iraq Business Unit.

Our Clients and Projects

Designing the future. Transforming the world.

Wood is an integral part of operations in Iraq, and we are continuing to grow our footprint across the country. With a 90-year heritage, 10 major contracts and over 850 employees, we have the skills, expertise and asset knowledge to support clients to deliver energy security and decarbonisation ambitions.

Wood excels in supporting our clients to deliver complex upstream and midstream oil and gas projects in Iraq delivering maintenance, modifications and engineering solutions. We are committed to decarbonising existing assets, producing cleaner energy and developing a sustainable national workforce, ensuring the long-term growth of the region.

What we can offer

• Meaningful and interesting projects Delivered to high profile clients and complex projects in Iraq
• Commitment to Diversity and Inclusion; we are an organisation actively committed to diversity and inclusion across our business with employee networks committed to giving all employees a voice
• Competitive salary with regular salary reviews to ensure we are rewarding at the right level in line with the market
• Medical Insurance: Ensures inpatient and outpatient medical care is available should you require treatment.
• Commitment to continued professional development; development plans that are tailored to your individual needs and interests
• Global connections: join experts around the world who are at the leading edge of our industry, shaping the standards of our profession

Job Description:

Working Environment:

Oil & Gas field operational environment involving office and field-based activities. Frequent interaction with Maintenance, Operations, Supply Chain, Finance, Engineering, Contractors, and Service Providers. Requires regular monitoring of maintenance expenditures, contracts, procurement activities, and contractor performance while ensuring compliance with company HSSE and financial governance requirements.

Job Purpose:

Lead the cost control and contract management activities within the Maintenance Planning Section to ensure cost-effective execution of maintenance operations, service contracts, shutdown activities, and procurement plans. Monitor maintenance expenditure, budget performance, contractor utilization, and contract compliance while supporting business planning, forecasting, cost optimization, and commercial risk management. Coordinate closely with Maintenance, Supply Chain, Finance, and Contractor organizations to achieve operational reliability and financial efficiency objectives.

Key Functions & Activities:

Maintenance Cost Control Lead:

• Develop and implement maintenance cost control procedures and reporting systems.
• Monitor maintenance expenditure against approved budgets.
• Analyze maintenance spending trends and identify cost optimization opportunities.
• Monitor budget utilization and forecast future maintenance costs.
• Ensure accurate allocation and tracking of maintenance expenditures.

Manage Maintenance Contracts:

• Administer maintenance service contracts and framework agreements.
• Monitor contractor performance, contractual compliance, and commercial obligations.
• Review contract deliverables, milestones, and payment terms.
• Coordinate contract renewal, extension, variation order, and closeout activities.
• Ensure contract execution aligns with approved scope and budget.

Support Budgeting:

• Support annual budget preparation and long-term business planning activities.
• Develop cost forecasts for maintenance services, materials, manpower, and shutdown campaigns.
• Provide financial analysis and budget recommendations to Maintenance Management.
• Support cost justification and business case development for maintenance initiatives.

Monitor Purchase-to-Pay:

• Monitor purchase requisition, purchase order, goods receipt, and invoice processes.
• Coordinate with Supply Chain and Finance departments regarding procurement and payment status.
• Ensure timely processing of service entry sheets and contractor invoices.
• Identify and resolve procurement and payment bottlenecks.

Contractor Monitoring:

• Monitor contractor manpower utilization, service quality, safety performance, and productivity.
• Evaluate contractor performance against contractual KPIs.
• Support contractor performance reviews and quarterly business evaluations.
• Recommend corrective actions for underperforming contractors.

Cost Reporting & Financial Analysis:

• Develop monthly cost reports, dashboards, and expenditure analysis.
• Track budget performance, commitments, accruals, and forecasts.
• Identify budget variances and recommend mitigation measures.
• Provide management reports and presentations for decision-making.

Commercial Risk Management:

• Identify contractual, commercial, and financial risks affecting maintenance activities.
• Develop risk mitigation plans and contractual controls.
• Ensure compliance with company procurement and contract governance requirements.
• Support claim management, dispute resolution, and commercial negotiations.

Stakeholder Coordination:

• Coordinate with Maintenance, Supply Chain, Finance, Warehouse, Engineering, and Operations teams.
• Act as focal point for maintenance contract and cost management matters.
• Support management reviews and business planning meetings.
• Facilitate communication between internal stakeholders and contractors.

Qualifications

What makes you remarkable?

At Wood, we are committed to equal opportunities and welcome all talented individuals to consider joining our team. So even if you don't match every statement below but feel you have some of the experience, knowledge or skills needed for this role, we encourage you to apply. It will take all of us working together to deliver solutions to the world’s most critical challenges.

Expected:

• Bachelor's Degree from a recognized University.
• Technical or trade qualifications may be considered with substantial relevant experience.

Professional Certifications (Preferred):

• Project Management Professional (PMP)
• Certified Cost Professional (CCP)
• Certified Maintenance & Reliability Professional (CMRP)
• Certified Commercial Contracts Manager (CCCM)
• CIPS Procurement & Supply Certification
• SAP ERP Certification
• Primavera P6 Certification
• Cost Control & Budget Management
• Contract Management
• Commercial Negotiation
• Procurement & Supply Chain Management
• Financial Analysis & Forecasting
• Contractor Performance Management

Work Experience:

• Minimum 8 years of experience in Oil & Gas, Petrochemical, Power Generation, or Heavy Industrial industries.
• Preferred 10+ years of relevant experience.
• Minimum 5 years in cost control, budgeting, contracts administration, procurement, maintenance planning support, or commercial management roles.
• Experience managing maintenance service contracts and contractor performance.
• Experience supporting annual budgeting and business planning activities.
• Experience in maintenance cost forecasting and expenditure monitoring.
• Experience in shutdown, turnaround, or major maintenance contracts is preferred.

Languages:

• English: Fluent (Written and Spoken)
• Arabic: Preferred

Technical Competencies:

• Cost Control & Budget Management
• Maintenance Financial Planning
• Contract Administration & Governance
• Procurement & Commercial Processes
• Contractor Performance Management
• Cost Forecasting & Variance Analysis
• Maintenance Business Planning
• Commercial Risk Management
• Purchase-to-Pay Process (P2P)
• Financial Reporting & KPI Development

Systems Knowledge:

• SAP ERP (MM / PM)
• Maximo
• Microsoft Excel (Advanced)
• Power BI
• Microsoft Project
• Primavera P6
• Financial Reporting Systems

Others Requirements (If any):

• Strong commercial and analytical mindset.
• Excellent negotiation and stakeholder management skills.
• Strong report-writing and presentation capabilities.
• Ability to interpret complex contract terms and financial information.
• Experience working with multicultural and multidisciplinary teams.
• Ability to manage multiple contracts and priorities simultaneously.
• Willingness to work on rotational assignments in remote oilfield locations.