Lead Cost Specialist job at McDermott

About the Organization

McDermott International, Ltd is a global provider of engineering and construction solutions to the energy industry. Operating in over 54 countries, McDermott has more than 40,000 employees, as well as a diversified fleet of speciality marine construction vessels and fabrication facilities around the world.

Job Description

People power our future. That is why advancing a dynamic, inclusive environment, where everyone grows and thrives is critically important to us.

Our ingenuity fuels daily life. Together, we’ve forged some of the most trusted partnerships across the energy value chain to make what was once just an idea a reality: laying subsea infrastructure thousands of feet below sea level, installing offshore platforms hundreds of miles from shore, and using our expertise to design and build offshore wind infrastructure.
For more than 100 years, we've been making the impossible possible. Today, we're driving the energy transition with more than 30,000 of the brightest minds across 54 countries.
Here, what you do matters.
McDermott is an equal opportunity employer. Our recruitment and employment practices are ethical, legal, voluntary, and free from discrimination.
McDermott will never ask you to pay recruitment fees to secure a job or continued work, to either the recruiter, the hiring manager, the supervisor, or the placement agency. All direct cost of employment, including, as applicable, medical examinations, employment visas, mobilization to country of work, and related fees, are paid by McDermott.
If at any point in the recruitment process you are asked to pay such fees or costs, please immediately notify our Ethics & Compliance team by sending a message to ethics@mcdermott.com . The ethics@mcdermott.com email will not accept any resumes.

Job Overview:
Lead Cost Specialist will lead and be responsible for all cost control and reporting tasks on the project at the worksite. This position will report to the Project Controls Manager and will be key to providing accurate and reliable cost forecasts and projections to the Project Management Team.
Successful candidates must have 10 or more years of relevant experience and recognized expertise in large international onshore/offshore oil and gas projects with at least 5 years of supervisory experience. The working environment is multicultural and demands considerable experience in the project process working with International Clients and Contractors. Strong communication skills, fluent spoken and written English.

Duties and Responsibilities

Responsible for monthly CSR forecast/project review meeting for all Project Managers and responsible parties, including the review of revised CSRs and issuing monthly packages to satisfy compliance requirements
Create, review, and revise multiple budgetary and as-sold quote calculations for ongoing proposals
Regular analyses and cost forecasts to facilitate management reviews
Work in co-ordination with the Planning and Progress teams to effectively manage the Project controls responsibilities to PMT
Work with Project Management to resolve ongoing contractual or change management issues
Review proposal drafts, NDA and ongoing project contracts for issues, compliance and change order opportunities
Support Executive Leadership, Operations, Business Development and Project Managers in development and presentation of risk reviews

Issue expended work hours for each project to Project Managers and Business Development Managers in order to maintain accurate expectations of time charges by assigned personnel
Consolidate and compare past estimates to recent wards, proposals and completed projects to better understand internal capabilities, trends and provide better walking-away pricing
Ensure that the National Content Plan is followed by all parties (McDermott and Subcontractors)
Managing the training and advancement of local employees and ensuring that knowledge of the company’s policies and procedures are included
Ability to work efficiently in Company’s Financial system - JD Edwards

Qualification, Experiences and Competencies

Responsible for cost, schedule and progress control
Key to providing accurate and reliable cost forecasts and projections
Must be able to produce, maintain and analyze progress S curves for progress and quantities
Proficient with Project Management concepts

Working knowledge of Microsoft Office applications (Word, Excel, Outlook, Access)
Previous experience of having worked in Progress Measurement databases
Graduate degree or commensurate experience