Senior Manager, Cost Analysis

Building on our past. Ready for the future

Worley is a global professional services company of energy, chemicals and resources experts. We partner with customers to deliver projects and create value over the life of their assets. We’re bridging two worlds, moving towards more sustainable energy sources, while helping to provide the energy, chemicals and resources needed now.

Job Title: Cost Lead / Cost Manager – Oil & Gas EPC Brownfield PortfolioLocation: Muscat, OmanJob Type: Full-time

Industry: Oil & Gas, Engineering, Procurement & Construction (EPC)

Job Summary

We are seeking a highly skilled and experienced Cost Lead / Cost Manager to oversee the financial performance of a complex brownfield portfolio within the oil and gas sector. The successful candidate will be responsible for cost management, forecasting, budgeting, change control, earned value management (EVM), and cash flow analysis, ensuring projects are delivered within financial targets.

This role requires strong leadership capabilities to manage and mentor a cost team while collaborating with cross-functional teams including engineering, procurement, and construction. Candidates must have prior experience working for a professional services provider in the oil and gas industry and be adept at profit and loss (P&L) management.

Key Responsibilities

Cost Management & Financial Oversight

• Develop, manage, and control project budgets, ensuring alignment with commercial objectives.
• Lead forecasting efforts, including Value of Work Done (VOWD), cost-to-complete (CTC), and cost-at-completion (CAC) analysis.
• Track and manage cash flow, invoicing, and cost commitments, ensuring timely and accurate reporting.
• Implement change management procedures to evaluate cost impacts of project variations.
• Provide financial insights to drive project profitability and efficiency.

Earned Value & Performance Measurement

• Utilize Earned Value Management (EVM) techniques to track project progress and performance.
• Conduct variance analysis and provide cost/schedule trend reports to stakeholders.
• Work closely with planning and scheduling teams to interpret and integrate cost and schedule data.

Resource & Construction Cost Planning

• Support engineering and construction teams with cost-effective resource allocation.
• Evaluate contractor and vendor costs, ensuring compliance with project estimates and financial objectives.
• Review project schedules and assess potential cost impacts from schedule deviations.

Leadership & Team Management

• Lead and mentor a cost management team, providing training and development opportunities.
• Foster a collaborative working environment across disciplines, ensuring alignment on cost and financial objectives.
• Drive continuous improvement in cost management processes and tools.

Commercial & Profitability Management

• Support profit and loss (P&L) accountability, ensuring commercial viability of projects.
• Engage with stakeholders to provide financial risk assessments and strategic cost-saving opportunities.
• Ensure compliance with financial policies, contractual terms, and industry best practices.

Why Join Us?

• Work on high-value, complex brownfield oil & gas projects with a leading service provider.
• Lead a dynamic and skilled team, contributing to project success.
• Competitive salary and benefits package with career growth opportunities.

If you meet the above requirements and are looking for an exciting challenge in cost management, we encourage you to apply.

Moving forward together

We’re committed to building a diverse, inclusive and respectful workplace where everyone feels they belong, can bring themselves, and are heard. We provide equal employment opportunities to all qualified applicants and employees without regard to age, race, creed, color, religion, sex, national origin, ancestry, disability status, veteran status, sexual orientation, gender identity or expression, genetic information, marital status, citizenship status or any other basis as protected by law.

We want our people to be energized and empowered to drive sustainable impact. So, our focus is on a values-inspired culture that unlocks brilliance through belonging, connection and innovation.

And we're not just talking about it; we're doing it. We're reskilling our people, leveraging transferable skills, and supporting the transition of our workforce to become experts in today's low carbon energy infrastructure and technology.

Whatever your ambition, there’s a path for you here. And there’s no barrier to your potential career success. Join us to broaden your horizons, explore diverse opportunities, and be part of delivering sustainable change.

Qualifications & Experience

• Bachelor’s degree in Engineering, Finance, Quantity Surveying, or related discipline.
• 10+ years of cost management experience in the oil & gas EPC industry, with a focus on brownfield projects.
• Strong background in budgeting, forecasting, change control, cash flow, and invoicing.
• Experience with earned value management (EVM) and interpreting project schedules.
• Proficiency in cost control software such as EcoSys, Primavera P6, SAP, or similar tools.
• Previous experience working for a service provider of professional services in the oil and gas industry.
• Strong leadership, communication, and team management skills.
• Ability to work under pressure and manage multiple priorities in a fast-paced environment.

Preferred Qualifications

• Professional certifications such as RICS, AACE, PMP, or CIMA are an advantage.
• Experience in contractual and commercial management within EPC projects.