Global Cost Management Analyst

job
  • Randstad Digital
Job Summary
Location
Durham ,NC
Job Type
Contract
Visa
Any Valid Visa
Salary
PayRate
Qualification
BCA
Experience
2Years - 10Years
Posted
03 Feb 2025
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Job Description

Accountabilities

• Develop a standardized cost estimating and forecasting process and tool

• Develop a comprehensive cost database of achieved costs to capture cost knowledge for all investments.

• Develop an analysis methodology to review project costs vs internal and external benchmarks.

• Proactively challenge project cost estimates on request of senior leaders

• Develop and operate a database of estimated and achieved costs, with the ability to analyze by type and characteristics.

• Advise project teams on contemporary project cost management tools and techniques.

• Develop process for project cost review and challenge at any step of the End-to-End project process to support the governance established.

• Compile and analyze project costs across the organization in support of benchmarking.

• Collate and distribute achieved costs for integration into estimating database(s)

• Codify cost structure for all projects and deploying standardized cost evaluation methodologies.

• Bring analysis on our project cost, propose and lead improvement activities.

• Collaborate with indirect procurement & finance to target common improvements.

• Contribute to Project Closure Reports to ensure standardised achieved cost evaluation and recording.

• Perform and participate in project audits and Peer reviews on request.

Critical Success factors and Key challenges

• Independent view, ability to bring and maintain factual and unbiased point of view

• Strong capacity to constructively challenge, with capacity to adapt the how targeting stable improvement.

• Ability to communicate and influence all levels: from project teams to senior managers.

• Collaboration skills to develop network across functions, sites, and regions.

• Continuous improvement mindset based on a strong business acumen.

• Strong knowledge and experience on project execution, contractor management.

• Liaison with Finance function and operating knowledge of contemporary of business evaluation tools e.g. NPV methods.

Dimensions

Business Impact:

• Covering 200 to 500 m(USD) of investment a year

• Expected to implement processes supporting 5-15% productivity increase across the organisation, ie 20 to 50 m(USD) impact a year

People: Direct reports: n/a _ Indirect reports: influencing more then 400 engineers across CP organization

Geographic Scope: Global

Complexity: Ability to be a strong challenger and a good transformer with global footprint for all CP sites

Experience / Previous jobs required for the job

• A relevant project execution background, with more than 10 years in project cost evaluation, with a wide range of project types (from small to large, for number of area: infrastructure, expansion, sustenance,…)

• Large understanding of project process, in particular on project execution phase: contracting, FAT, SAT, commissioning, managing contractors

• Excellent interpersonal, influencing and communication skills.

• Ability to think and work in complex structures

• Demonstrated influencing capabilities

• Ability to demonstrate challenge to the status quo.

• Must be mobile to travel and accompany project activity whenever required on sites.

• Must be able to influence and successfully deliver across a wide range of international cultures.

• Awareness of business environment and corporate strategic direction.


Critical knowledge and education required for the job

• Fluent in English

• Functional expertise in desired subject matter: project cost evaluation, project experience, capability in evaluating the right contingency for projects.

• Information and data management: ability to develop and share complex database on project cost in link with all sites and region

• Credibility: Need to be trusted by LTs. Proven ability to overcome blockers (real or put up!)

• Stakeholder Influencing & Management: Strong influencing skills will be required to convince site Leadership Team and other key stakeholders of the need for change

• Personal Characteristics: ability to work alone. Resilience

• MS/BS in industrial, engineering or chemical sciences, or a 5-year technical degree in related discipline. Manufacturing Specialist

• Proven record in the application of project and program management methodologies

• Change and/or operational management experience

• Strong capability to develop, coach & teach others in delivering change

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