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Full Time Employee · Min 18 Years of Experience
500 Employees or more · Oil & Gas

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Job Description

Basic Scope of Job

Develop & support in implementing cost reduction strategies & action plans in collaboration with cross-functional teams.

Principal Duties And Responsibilities

  • Develop & support in implementing cost reduction strategies & action plans in collaboration with cross-functional teams.
  • Assess & report financial estimations of cost-saving initiatives.
  • Provide recommendations for optimizing resource allocation & improving cost efficiency.
  • Collect & analyze cost data, cost drivers, & financial performance indicators.
  • Design & oversee the development of IT applications to provide insights on cost trends & areas for improvement.
  • Ensure that the baseline & optimization efforts balance between efficiency & compliance.
  • Periodically review & refine cost baseline models & cost optimization processes.
  • Provide recommendations & drive the automation of cost baselines.
  • Support the process to enable Hydrocarbon accounting across the company’s value chain; & support data validation/ reconciliation processes to ensure consistency & accuracy of production data.
  • Coach & mentor company resources to build their capabilities in supporting & leading Cost Optimization initiatives.

Education & Qualification

  • Degrees in finance, engineering, or business.
  • Preferred professional certifications, such as Certified Cost Professional (CCP), Certified Mgmt. Accountant (CMA), Kaizen, Six Sigma.
  • Proven track record of successfully advising & supporting CXO-level in O&G organisations in cost management & optimisation.

Experience

  • Total 18+ years' industry experience, out of which 13+ years in the O&G industry in a similar role.
  • Extensive experience in financial analytics & cost mgmt., cost optimization across O&G value Chain, Oil & Gas Procurement/ Financial Transformation.

Preferred Candidate

Years of Experience
Min: 18
Residence location
Kuwait
Degree
Bachelor's degree / higher diploma

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