Cost Engineer Lead - TSI

Entity : Production & Operations Job Family Group : Project Management Group Job Description : About us bp Technical Solutions India (TSI) centre in Pune, aims to build on bp’s existing engineering and technical strengths to deliver high quality services to its hydrocarbons and new energy businesses worldwide. TSI brings together diverse engineering capability to provide technical services across a range of areas including engineering, maintenance, optimization, data processes, projects and subsurface, to deliver safe, affordable, and lower emission energy, while continuously innovating how we work. About the role The role is responsible providing cost management leadership; ensuring the integrity and effectiveness of cost management and management of change; continuously improving the cost management strategy, plans and procedures; and satisfying BP requirements and the expectations of stakeholders. What you will deliver Responsible to lead and handle day to day functioning of the cost Engineers team in TSI for Site Projects portfolio Identify key cost management expectations, reporting, performance management, and cost management plans in setting up integrated delivery models with contractors from TSI Lead the technical cost management onboarding for new team members in the cost team Help identify opportunities for Cost discipline improvements and lead standardisation initiatives Support the global controls vision and lead key cost discipline initiatives for TSI This role is expected to be a working lead, supporting delivery of global cost management activities as required, includes but not limited to : Support the preparation and implementation of the work breakdown structure (WBS); ensuring understanding of the broader scope across all project stages. Support the set-up of appropriate control budgets from the project estimate and schedule, ensuring full understanding of estimate basis, scope, schedule, contracting strategy and execution plan. Support the overall change management (trending and MoC) process; ensuring it is rigorously applied to all changes and that impacts are fully assessed and incorporated into project cost forecasts, project plans and budgets. Ensure that data collected from project teams and contractors (progress, changes, and risks) is used to underpin the cost forecast assumptions, phasing and control budgets. Support the cost related communication plans, interfaces and the reporting system that provides the leadership team and partners with timely analysis and insights for all work scope. Closely monitor cost performance against realistic targets to ensure that objectives and key performance indicators are met. Help identify risks and cost reduction opportunities and uncertainties. Prepare final cost reports and financial closeout documentation, reconciliations, and reports Adhere to the principles outlined in the project controls governing documents. Supports project cost control training to non-practitioners Performs assurances in accordance with the projects common process Supports the evaluation of projects against internal and external metrics and benchmarks to demonstrate the competitiveness of the project Supports project FEL assessments What you will need to be successful Must have educational qualifications : Engineering or technical degree Preferred education / certifications : PMI, AACEI Minimum years of relevant experience : 14 Years (5 Years working in Oil and Gas projects) Total years of experience : 14 Years Must have experiences / skills (To be hired with) : Strong commitment and support to safety, risk, and business goals Strong interpersonal, organizational, teamwork, influencing, and communication skills Oil & Gas Projects delivery Demonstrated capability to manage cost controls activities on multiple projects of various sizes and complexity Proficiency using project systems and databases, especially Microsoft Excel and SAP Power BI, data manipulation and data visualization experience Knowledge of schedules for aligning cost forecast Knowledge of Earned Value Management (EVM) Awareness of agile ways of working High level of self-motivation, proactive, with good time management skills! Good to have experiences / skills (Can be trained for – learning / on-the-job) : Solid understanding of scheduling, estimating, and benchmarking % travel requirements 0 to 30%, including international travel Why join bp At bp, we support our people to learn and grow in a diverse and exciting environment. We believe that our team is strengthened by diversity. We are committed to fostering an inclusive environment in which everyone is respected and treated fairly. There are many aspects of our employees’ lives that are significant, so we offer benefits to enable your work to fit with your life. These benefits can include flexible working options, a generous paid parental leave policy, and excellent retirement benefits, among others! We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation. Travel Requirement Up to 25% travel should be expected with this role Relocation Assistance : This role is eligible for relocation within country Remote Type : This position is not available for remote working Skills : Change control, Change control, Commissioning, Conflict Management, Construction, Cost Analysis, Cost Calculations, Cost Control, Cost Estimates, Cost Management, Cost Optimization, Cost Planning, Costs Engineering, Design development and delivery, Earned Value Analysis, Earned Value Management (EVM), Frameworks and methodologies, Governance arrangements, Microsoft Office, Microsoft Power Business Intelligence (BI), Performance management, Portfolio Management, Project and construction safety, Project Controls, Project Cost Control { 21 more} Legal Disclaimer : We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, socioeconomic status, neurodiversity / neurocognitive functioning, veteran status or disability status. Individuals with an accessibility need may request an adjustment / accommodation related to bp’s recruiting process (e.g., accessing the job application, completing required assessments, participating in telephone screenings or interviews, etc.). If you would like to request an adjustment / accommodation related to the recruitment process, please contact us . If you are selected for a position and depending upon your role, your employment may be contingent upon adherence to local policy. This may include pre-placement drug screening, medical review of physical fitness for the role, and background checks.