E & P
Activities
➢ Build Project Management System
• Support the CMS (to be followed by PPM) by identifying all associated Capex, budget, estimating, cost control with invoice and payment status and cash call status are performed following generic documents, templates, forms standardizing method and improving quality and efficiency, in line with head quarter procedures and guidelines.
• Support the updating of annual Budget, project CAPEX follows up and simplify processes between projects and other entities, clarifying responsibilities and involvements.
• Propose appropriate cost reporting cut offs and standardization and consolidation of reporting, streamlining reporting routines
➢ Control the portfolio
• Manage the cost reporting teams to consolidate the various project reports into various key budgeting and schedule activities for the PPM activities to allow for on time payment.
• Monitor implementation of the Cost Control structure, Cost Control procedures, Cost Control SAP tools (UNISUP & U-Cost).
• To monitor the necessary checks, approval functions for invoices submitted, in accordance with Contracts, Project & Company procedures, Sarbanes & Oxley, (SOX) requirements and DoA workflows
• Identify high level Risks (overruns, CPN & contingencies) and opportunities at portfolio level with mitigation actions. • To provide support into the UNISUP System, regarding payment schedules (cash calls), invoicing and cost control issues as required.
• Coordinates actively with all the PC & Package Managers and mainly with TEPNG Finance Department for all matters related to payment and accounting to get necessary support and any insights to improve implementation or anticipation.
• To lead (from Cost Control point of view) in the preparation / consolidation and review of the various Project budgets and updates (internal and external / Annual and Multiyear) with inputs from the members of the Project Team and provide “ad hoc” economics support as required.
• To assist in the cost assessment of any contract variations and identify any Project cost trends, drifts, variances data update and maintain the Project Final Cost Estimate, prepare the Monthly Cost Report with comments
• To prepare for issuance the necessary Project cost information and data, Subsidiary and Partners / Shareholders / Concessionaire / Company.
➢ Provide support and resources to projects
• Propose and Manage services on behalf of projects or share experienced resources e.g. cost control, estimating and payment status.
➢ Improve and learn from experience
• Gather and share lesson learned from projects Nigeria regarding project performance including project cost control. • Share regular feedback with local contractors to better work together from one project to another
Qualifications/Experience required
➢ Minimum bachelor’s degree or equivalent in Accounting and or similar background
➢ Typically, 15 years of oil and gas industry professional experience, of which at least 5 years in an equivalent position as a Cost & Budget Lead.
This position is open to Nigerians only
IOTA Group is a global leader in service delivery, redefining international deployment and local integration with over 40 years of expertise.
Based in Switzerland near Geneva, we operate through a network of subsidiaries, ensuring agility and compliance with both local requirements and global standards.
Our network includes over 100,000 consultants worldwide, offering unparalleled expertise to help clients succeed in cross-border projects.
Committed to excellence, we prioritize integrity and transparency, working as strategic partners to deliver tailored solutions that meet the unique demands of each country. By combining local talent with expatriate expertise, we ensure seamless project execution while adhering to strict ethical and legal standards.
With operations in more than 120 countries, we provide comprehensive services, including talent acquisition, workforce deployment, and local integration, all designed to mitigate risks and ensure compliance.
Our expertise reduces regulatory risks, minimizes disruptions, and guarantees smooth transitions. From payroll compliance and tax management to social security and repatriation, we handle all aspects of employment management with precision.
We also offer end-to-end logistics support, such as travel coordination, accommodation, and administrative processes like visas and work permits.
These services free our clients to focus on their core operations, confident that their workforce management is in expert hands.
With a proven track record across diverse industries, we have become trusted partners to businesses worldwide, transforming challenges into opportunities and fostering long-term success.
At IOTA Group, we don’t just support businesses; we empower them to grow and thrive in an interconnected world.
