01Overview
Cost Management
Develop and maintain project cost budgets in accordance with the Project Work Breakdown Structure (WBS) and the Basis of Estimate
Liaise with procurement, finance, and time-capture functions to ensure accurate and timely capture of all cost elements procurement, materials, subcontracts, and labour
Monitor and review cost commitments and expenditure through all phases of project lifecycle
Liaise with project management and planning to ensure accuracy of cost phasing and forecasting
Review and evaluate project cost performance reports and forecast updates
Review and analyse cost impact of manpower forecasts
Review and issue project change orders and variations in accordance with change notifications
Assess and communicate cost and schedule impact of change notifications
Monitor overall project cost performance and contingency drawdown
Lead the project cost close-out process
Act as Cost Focal Point for all assigned project scopes
Reporting & Governance
Ensure project budgets, costs, and reports are documented, auditable, and issued in a controlled manner
Review and evaluate project cost performance reports in accordance with project reporting requirements
Attend project and client periodic meetings and present cost performance status as required
Ensure reports are accurate, timely, and issued in accordance with the contract reporting calendar
Ensure original and current budgets correspond to approved estimates and scope changes throughout the project lifecycle
Participate in contract and corporate risk analysis sessions and audits
PMBS & Efficiency
Support the achievement of the contract PMBS efficiency target (target: PMBS below 50% of Engineering cost)
Actively contribute to simplification of cost reporting structures and reduction of unnecessary reporting overhead
Contribute to the development of fit-for-purpose cost controls for the Fast Track delivery model
Team & Capability Development
Supervise, guide, and manage the Cost team delegating work, reviewing outputs, and supporting development
Play a key role in mentoring and career development of cost personnel within the GEC
Lead and participate in Project Controls compliance and continuous improvement reviews
Contribute to the recruiting and retention of project controls talent within the GEC Hub
CONTRACT-SPECIFIC REQUIREMENTS
Location & Mobility
Based at the Wood GEC office in Chennai, India this is the primary place of work
Willingness and ability to undertake periodic overseas travel, primarily to the UK (Aberdeen), for project governance, knowledge transfer, customer engagement, and team alignment purposes
Estimated overseas travel: low frequency (approximately 24 trips per year depending on project phase)
International & Multicultural Experience
Demonstrated experience working in multicultural environments experience working or collaborating with teams in Europe (particularly the UK) is strongly preferred
Proven ability to operate effectively across cultural, organizational, and time-zone boundaries
Experience of UK North Sea or comparable European offshore oil and gas operations is advantageous
Brownfield Experience
Preference for candidates with previous brownfield offshore modification or brownfield EPC project experience
Familiarity with the particular challenges of brownfield scope definition, execution in operating environments, and interface management with asset operations teams
Transition & Uncertainty Leadership
Demonstrable ability to lead teams through periods of significant change, transition, and operating model evolution
Comfortable operating with managed uncertainty able to keep teams focused, motivated, and delivering during periods when processes, structures, or accountabilities are still maturing
Experience of operating model transitions, onboarding programmes, or significant organizational change is advantageous
Workload Flexibility
Ability to manage varied and changing workloads across multiple concurrent scopes of differing scale and complexity
Comfortable moving between strategic planning, hands-on delivery support, and team leadership as the situation requires
Networking & Talent Development
Strong professional networking capability able to identify, attract, and retain talent within the GEC and the wider Wood organization
Active approach to building an internal talent pipeline, mentoring junior team members, and contributing to the development of the GEC as a center of excellence
Contribution to the wider recruiting effort for the GEC Hub build-out is expected .