Cost Controls Lead

Overview

We put the unity in "opportunity."

Opportunity Snapshot:

• Compensation:  $105/hour
• Location:  Spring, TX
• Assignment Duration: 12 months
• Work Schedule: M-F / 40 hours
• Benefits:  Comprehensive insurance with 401(k), PTO and holidays
• Some travel required

Responsibilities

• Develop and continually improve budgeting, financial projections, and capital forecast.  Develop financial models and analyze them to support strategic initiatives.  Dive deeply into financial data and become a SME to provide additional insight
• Provide leadership and strategic thinking to projects including planning, cost estimating, contracting & tracking.  Develop and maintain effective relationships with business partners and cross-functional teams
• Coordinate Capital Projects Quarterly Outlooks (Q-ly OL) and Annual Budgets with a clear understanding of scope and costs:
• Collaborate with Project Controls/Cost Engineers, Planner, Supply Chain and Execution teams to ensure assumptions and clarifications are properly documented
• Prepare reports and presentations on weekly/monthly/quarterly/annual basis or as needed
• Reconcile Q-ly OL and Annual Budget vs previous period or version.  Present Q-ly OL and Annual Budgets or financial reports to Project Teams and Management
• Propose options for budget reduction to achieve targets set by Management
• Manage capital cost forecasting & AFE creation (PLEX), owning standard configurations & item rates
• Analyze the trends of Key Performance Indicators (KPIs), relating to budget / outlook vs actuals.  Monitor KPIs and identify the cause of any unexpected variances
• Identify and understand business challenges; propose and create solutions
• Collaborate with Finance and Accounting to ensure accurate cost allocation, tracking of capital expenditures, and compliance with financial reporting requirements
• Contribute to optimization study, economic evaluations, and internal / external benchmarking assessments
• Support Project Controls/Cost Engineers, Supply Chain and Execution teams in identification, evaluation and capture of capital efficiency opportunities and estimate risks, as well as cost savings initiatives
• Contribute to Lessons Learned process throughout the projects’ lifecycle
• Performs other/additional duties as assigned by Supervisor

Qualifications

• Bachelor’s Degree in Engineering, Business or related field required
• 10 years of prior experience in Project Budget / Outlook, Project Cost Controls, Cost Estimation, Reconciliation & Analysis, and technical engineering role preferable in Oil and Gas Industry Unconventional Business (O&G Uncon)
• Preferable three (3) years’ experience in a technical engineering role and seven plus (7 ) in Project Budget / OL, Project Cost Controls, Cost Estimation, Reconciliation & Analysis, preferable in O&G Uncon
• Experience in Uncon O&G field execution (facilities, operations), and understanding of Uncon facilities specific scope (such as Tank Battery, Flowline, Well Pad, Well Hookup, Pipelines, Water Disposal, etc.) required
• Excellent communication, leadership, organization, planning, and supervision skills.  Solid understanding of project management principles, cost control techniques, and financial analysis
• Knowledge of PLEX or other industry-standard cost engineering software, such as Oracle Primavera Unifier, P6 or similar cost management tools. 
• Familiarity with financial systems and tools (e.g., ERP systems, financial modeling software) and ability to integrate financial data with engineering and operational data
• Interpersonal and communication skills with the ability to interact with various management levels
• Superior attention to detail and ability to successfully manage multiple competing priorities while maintaining a view of the big picture
• Ability to comfortably work on several projects at once
• Ability to motivate and leverage resources to provide appropriate support for multiple projects
• Ability to work and lead different groups to work together as a team
• Strong Advanced Excel, Word, and PowerPoint skills
• Proficiency in data visualization tools such as Spotfire, Power BI, or similar platforms, with the ability to create. visually compelling and interactive dashboards preferred

The Bergaila Way:

The Bergaila Companies is a nationally recognized leader in providing staffing services to all sectors of the energy industry. We continually focus on partnering with talented professionals, engineering the perfect fit between our clients and employees. Choosing a career path with Bergaila grants you immediate access to nationally recognized organizations we partner with. Bergaila consistently attracts and retains its Employees with our dedicated internal service team, top tier benefits programs for contractors and their families, and commitment to place you in the desired career of your choice.

Client Overview: 

Our Client is an American energy company operating principally in the U.S. and Canada, that specializes in the drilling and production of unconventional oil and natural gas assets.  Our client has a reputation for efficient resource development, environmental stewardship and community involvement, with a drive to meet the growing challenges of the domestic natural gas industry.

Salary : $105