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Lead Cost Management Specialist

2 months ago

Beaumont, Texas, United States Kent Plc Full time
About Kent Plc:
At Kent, we are at the forefront of addressing the most pressing energy challenges of our time. Our mission is to provide the world with the energy it requires in the most sustainable manner possible.

Position Overview:
We are seeking a highly skilled and experienced Senior Cost Specialist to join our dynamic team. This role is pivotal in ensuring the financial integrity of our projects through meticulous cost management practices.

Key Responsibilities:
  • Cost Oversight: Monitor and analyze project expenditures, ensuring they align with the established budget while identifying opportunities for cost optimization.
  • Budget Development: Collaborate with project managers to create, update, and manage comprehensive project budgets, delivering precise forecasts and financial models.
  • Financial Reporting: Generate detailed financial reports, including variance analyses and cash flow statements, and present these findings to senior management and stakeholders.
  • Change Management: Document and report on project modifications, ensuring all financial implications are accurately captured.
  • Contract Oversight: Partner with procurement teams to manage vendor contracts, ensuring adherence to financial stipulations.
  • Invoice Management: Supervise the preparation and processing of invoices related to project costs, ensuring accuracy and compliance.
  • Risk Assessment: Identify potential financial risks and propose strategies to mitigate them, ensuring project financial goals are achieved.
  • Collaboration: Work closely with on-site teams and various departments to facilitate effective communication regarding cost-related matters.
  • Regulatory Compliance: Ensure all financial activities comply with company policies and relevant regulations.
  • Continuous Improvement: Advocate for and implement best practices in cost management, driving initiatives to enhance operational efficiency.
Qualifications:
  • Experience: A minimum of 10 years in cost management within the construction sector, with at least 5 years in a site-based capacity.
  • Education: Bachelor’s degree in Finance, Accounting, Construction Management, Engineering, or a related discipline.
  • Technical Proficiency: Expertise in cost management software and Microsoft Office Suite, particularly Excel; familiarity with construction management tools is advantageous.
  • Analytical Skills: Strong analytical capabilities with a focus on managing complex financial data.
  • Communication Skills: Exceptional verbal and written communication skills, capable of engaging with both technical and non-technical audiences.
  • Leadership: Demonstrated leadership abilities, with experience mentoring junior team members.
  • Attention to Detail: High level of precision in financial reporting and cost tracking.
Health, Safety, Sustainability, Environment, and Quality (HSSEQ):
The employee is expected to adhere to the health, safety, sustainability, environment, and quality standards set forth by the company and relevant authorities.