Budget and Cost Control Team Leader

Job Description

● Create project cost management structure proposal in line with project cost management guidelines (including care contract structure and service order setup to manage project costs on required functional and/or geographical dimensions and required cost management components for transparency and control). ● Support operation in finalizing cost baseline and risk contingency from as sold cost estimations and implement them into the tools and systems. ● Elaborate plan project costs on a periodic basis for the entire duration of the project in the systems in line with project cost management guidelines, excluding indirect costs. ● Update project cost baselines according to approved changes in customer contract or project scope. ● Manage costs related to extra work, non-conforming costs, and sellable additional works. Monitor risk contingency usage. ● Project closure: Perform post-project cost calculations and provide information back to tendering party about actual performance against the tendered contract. ● Plan Business Unit/project costs on a periodic level for the entire duration of the project in the systems in line with project cost management guidelines. ● End-to-end Project Cost & Progress Management and set-up in the system (RFC, POR, Product, GIC, Budget, …). ● Ensure that Plan of Business Unit/project costs in systems is in line with project cost management plans. ● Verify to update project cost baselines according to approved changes in customer contract or project scope (CE). ● Collect WO, Price, and cost estimation and define WBS structure based on them. ● Control and approve the operation expenses documents on a daily basis and align them with the Budget control procedures. ● Collect relevant information for cost analysis purposes and propose action plans. ● Monitor cost-related aspects for project cost reduction/transformation programs. ● Define and set individual and collective objectives (KPI’s) for the team, cascaded down from the general department objectives, within the performance review process. ● Evaluate individual and collective objective achievements in consultancy with the department manager. ● Optimize and improve team performance in terms of organization and proper size. Highlight specific training needs. ● Supervise and follow up the team’s day-to-day activities, define priorities, and choose orientations. ● Organize and run regular team meetings to cascade information and collect information (issues, problems, difficulties) for senior management, if necessary. ● Motivate and engage the team through regular communication and monitoring of the teams. ● Promote a positive working atmosphere within the team. Mediate and address conflicts, if necessary. ● Define, control, enhance and communicate proper processes to perform team activities. ● Define, control, and enhance proper tools in order to perform team activities. ● Provide guidance and direction to other staff and may function as a team leader. ● Train employees, assign, monitor, and review progress and accuracy of work.