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Senior Cost Management Specialist

3 months ago


Mississauga, Ontario, Canada oilandgas Full time

Job Overview

Senior Cost Management Specialist

At Oil and Gas Corporation, we are a leading player in the energy sector, committed to delivering exceptional services and solutions. With decades of experience, we pride ourselves on our expertise in managing complex projects and ensuring the highest standards of operational excellence.

Location - Remote

Key Responsibilities:

  • Manage the comprehensive cost oversight for the portfolio of projects, serving as the primary contact for all cost-related inquiries.
  • Ensure project setups adhere to established cost management protocols and standards.
  • Continuously monitor, control, and report on project performance throughout the project lifecycle.
  • Inform management about the adequacy of cost measurement systems for all project activities.
  • Provide strategic advice and solutions to mitigate risks that may hinder project goals, while recommending cost optimization strategies.
  • Ensure timely and precise updates of cost reports at the conclusion of each reporting cycle.
  • Analyze actual expenditure data and forecast future financial performance.
  • Deliver regular updates on project cost status, highlighting any discrepancies and suggesting corrective measures.
  • Track and report on purchase order commitments effectively.
  • Analyze project timelines and budget variances, providing recommendations for improvement.
  • Ensure accuracy and currency of project management reports, with all variances thoroughly explained.
  • Contribute to client reporting efforts.
  • Prepare financial forecasts on a monthly, quarterly, and annual basis.
  • Collaborate with stakeholders across various departments to ensure cohesive project management.
  • Lead the integration of project management systems.
  • Work closely with project control teams, including cost controllers and planners, to maintain a unified cost-schedule management framework.
  • Collaborate with planners to update estimates based on project progress.
  • Engage with stakeholders to assess subcontractor performance.
  • Develop dashboards to present key performance indicators visually.
  • Undertake special projects and additional reporting tasks as needed.

Ideal Candidate Profile:

  • Bachelor's degree in a relevant field.
  • At least 15 years of experience in cost management, with a focus on leadership roles.
  • Proficient in Microsoft Excel.
  • Strong understanding of accrual accounting principles.

Why Join Oil and Gas Corporation?

  • Engage in diverse and significant projects for a variety of clients.
  • Experience a work culture that values work-life balance.
  • Access to extensive learning and professional development opportunities.
  • Competitive compensation package, flexible benefits, and a robust pension plan.
  • A commitment to health and safety in the workplace.

Are you ready to take on this opportunity? Join us in our mission to drive innovation and sustainability in the energy sector.