Job Description

Cost Management

• Develop and maintain project cost budgets in accordance with the Project Work Breakdown Structure (WBS) and the Basis of Estimate

• Liaise with procurement, finance, and time-capture functions to ensure accurate and timely capture of all cost elements — procurement, materials, subcontracts, and labour

• Monitor and review cost commitments and expenditure through all phases of project lifecycle

• Liaise with project management and planning to ensure accuracy of cost phasing and forecasting

• Review and evaluate project cost performance reports and forecast updates

• Review and analyse cost impact of manpower forecasts

• Review and issue project change orders and variations in accordance with change notifications

• Assess and communicate cost and schedule impact of change notifications

• Monitor overall project cost performance and contingency drawdown

• Lead the project cost close-out process

• Act as Cost Focal Point for all assigned project scopes

Reporting & Governance

• Ensure project budgets, costs, and reports are documented, auditable, and issued in a controlled manner

• Review and evaluate project cost performance reports in accordance with project reporting requirements

• Attend project and client periodic meetings and present cost performance status as required

• Ensure reports are accurate, timely, and issued in accordance with the contract reporting calendar

• Ensure original and current budgets correspond to approved estimates and scope changes throughout the project lifecycle

• Participate in contract and corporate risk analysis sessions and audits

PMBS & Efficiency

• Support the achievement of the contract PMBS efficiency target (target: PMBS below 50% of Engineering cost)

• Actively contribute to simplification of cost reporting structures and reduction of unnecessary reporting overhead

• Contribute to the development of fit-for-purpose cost controls for the Fast Track delivery model

Team & Capability Development

• Supervise, guide, and manage the Cost team — delegating work, reviewing outputs, and supporting development

• Play a key role in mentoring and career development of cost personnel within the GEC

• Lead and participate in Project Controls compliance and continuous improvement reviews

• Contribute to the recruiting and retention of project controls talent within the GEC Hub

CONTRACT-SPECIFIC REQUIREMENTS

Location & Mobility

• Based at the Wood GEC office in Chennai, India — this is the primary place of work

• Willingness and ability to undertake periodic overseas travel, primarily to the UK (Aberdeen), for project governance, knowledge transfer, customer engagement, and team alignment purposes

• Estimated overseas travel: low frequency (approximately 2–4 trips per year depending on project phase)

International & Multicultural Experience

• Demonstrated experience working in multicultural environments — experience working or collaborating with teams in Europe (particularly the UK) is strongly preferred

• Proven ability to operate effectively across cultural, organizational, and time-zone boundaries

• Experience of UK North Sea or comparable European offshore oil and gas operations is advantageous

Brownfield Experience

• Preference for candidates with previous brownfield offshore modification or brownfield EPC project experience

• Familiarity with the particular challenges of brownfield scope definition, execution in operating environments, and interface management with asset operations teams

Transition & Uncertainty Leadership

• Demonstrable ability to lead teams through periods of significant change, transition, and operating model evolution

• Comfortable operating with managed uncertainty — able to keep teams focused, motivated, and delivering during periods when processes, structures, or accountabilities are still maturing

• Experience of operating model transitions, onboarding programmes, or significant organizational change is advantageous

Workload Flexibility

• Ability to manage varied and changing workloads across multiple concurrent scopes of differing scale and complexity

• Comfortable moving between strategic planning, hands-on delivery support, and team leadership as the situation requires

Networking & Talent Development

• Strong professional networking capability — able to identify, attract, and retain talent within the GEC and the wider Wood organization

• Active approach to building an internal talent pipeline, mentoring junior team members, and contributing to the development of the GEC as a center of excellence

• Contribution to the wider recruiting effort for the GEC Hub build-out is expected

Qualifications

• Bachelor's degree in a relevant technical or business discipline (or equivalent through relevant vocational training and industry experience)

Knowledge, Skills, and Experience

• Minimum 8 years of relevant cost control experience

• Excellent knowledge of cost software, budgeting, forecasting, and cash-flow management

• Advanced knowledge of Project Execution Procedures for Cost Management including Change Management

• Excellent understanding of WBS and CBS structures, earned value application, and cost/schedule variance analysis

• Prior experience in a senior cost role, with team management experience

• Experience of offshore oil and gas project delivery — brownfield experience strongly preferred

Personal Attributes

• Analytically rigorous with strong attention to accuracy and auditability

• Proactive communicator — raises issues early and clearly

• Able to work autonomously and within a team across multiple time zones

• Committed to continuous improvement and process simplification

• Strong organizational and planning skills with ability to manage multiple concurrent scopes