Cost Control & Contract Lead

Job Description

Working Environment: Oil & Gas field operational environment involving office and field-based activities. Frequent interaction with Maintenance, Operations, Supply Chain, Finance, Engineering, Contractors, and Service Providers. Requires regular monitoring of maintenance expenditures, contracts, procurement activities, and contractor performance while ensuring compliance with company HSSE and financial governance requirements. Job Purpose: Lead the cost control and contract management activities within the Maintenance Planning Section to ensure cost-effective execution of maintenance operations, service contracts, shutdown activities, and procurement plans. Monitor maintenance expenditure, budget performance, contractor utilization, and contract compliance while supporting business planning, forecasting, cost optimization, and commercial risk management. Coordinate closely with Maintenance, Supply Chain, Finance, and Contractor organizations to achieve operational reliability and financial efficiency objectives. Key Functions & Activities: Maintenance Cost Control Lead: Develop and implement maintenance cost control procedures and reporting systems. Monitor maintenance expenditure against approved budgets. Analyze maintenance spending trends and identify cost optimization opportunities. Monitor budget utilization and forecast future maintenance costs. Ensure accurate allocation and tracking of maintenance expenditures. Manage Maintenance Contracts: Administer maintenance service contracts and framework agreements. Monitor contractor performance, contractual compliance, and commercial obligations. Review contract deliverables, milestones, and payment terms. Coordinate contract renewal, extension, variation order, and closeout activities. Ensure contract execution aligns with approved scope and budget. Support Budgeting: Support annual budget preparation and long-term business planning activities. Develop cost forecasts for maintenance services, materials, manpower, and shutdown campaigns. Provide financial analysis and budget recommendations to Maintenance Management. Support cost justification and business case development for maintenance initiatives. Monitor Purchase-to-Pay: Monitor purchase requisition, purchase order, goods receipt, and invoice processes. Coordinate with Supply Chain and Finance departments regarding procurement and payment status. Ensure timely processing of service entry sheets and contractor invoices. Identify and resolve procurement and payment bottlenecks. Contractor Monitoring: Monitor contractor manpower utilization, service quality, safety performance, and productivity. Evaluate contractor performance against contractual KPIs. Support contractor performance reviews and quarterly business evaluations. Recommend corrective actions for underperforming contractors. Cost Reporting & Financial Analysis: Develop monthly cost reports, dashboards, and expenditure analysis. Track budget performance, commitments, accruals, and forecasts. Identify budget variances and recommend mitigation measures. Provide management reports and presentations for decision-making. Commercial Risk Management: Identify contractual, commercial, and financial risks affecting maintenance activities. Develop risk mitigation plans and contractual controls. Ensure compliance with company procurement and contract governance requirements. Support claim management, dispute resolution, and commercial negotiations. Stakeholder Coordination: Coordinate with Maintenance, Supply Chain, Finance, Warehouse, Engineering, and Operations teams. Act as focal point for maintenance contract and cost management matters. Support management reviews and business planning meetings. Facilitate communication between internal stakeholders and contractors.

Desired Candidate Profile

Expected: Bachelor's Degree from a recognized University. Technical or trade qualifications may be considered with substantial relevant experience. Professional Certifications (Preferred): Project Management Professional (PMP) Certified Cost Professional (CCP) Certified Maintenance & Reliability Professional (CMRP) Certified Commercial Contracts Manager (CCCM) CIPS Procurement & Supply Certification SAP ERP Certification Primavera P6 Certification Cost Control & Budget Management Contract Management Commercial Negotiation Procurement & Supply Chain Management Financial Analysis & Forecasting Contractor Performance Management Work

Experience

Minimum 8 years of experience in Oil & Gas, Petrochemical, Power Generation, or Heavy Industrial industries. Preferred 10+ years of relevant experience. Minimum 5 years in cost control, budgeting, contracts administration, procurement, maintenance planning support, or commercial management roles. Experience managing maintenance service contracts and contractor performance. Experience supporting annual budgeting and business planning activities. Experience in maintenance cost forecasting and expenditure monitoring. Experience in shutdown, turnaround, or major maintenance contracts is preferred. Languages: English: Fluent (Written and Spoken) Arabic: Preferred Technical Competencies: Cost Control & Budget Management Maintenance Financial Planning Contract Administration & Governance Procurement & Commercial Processes Contractor Performance Management Cost Forecasting & Variance Analysis Maintenance Business Planning Commercial Risk Management Purchase-to-Pay Process (P2P) Financial Reporting & KPI Development Systems Knowledge: SAP ERP (MM / PM) Maximo Microsoft Excel (Advanced) Power BI Microsoft Project Primavera P6 Financial Reporting Systems Others Requirements (If any): Strong commercial and analytical mindset. Excellent negotiation and stakeholder management skills. Strong report-writing and presentation capabilities. Ability to interpret complex contract terms and financial information. Experience working with multicultural and multidisciplinary teams. Ability to manage multiple contracts and priorities simultaneously. Willingness to work on rotational assignments in remote oilfield locations.