Materials and Cost Controller

Wood is recruiting for a Materials and Cost Controller to join its Iraq business unit focusing on development and management of effective Cost Control and Materials Management processes for a Major Onshore Brownfield Project in Basra, Iraq on 5 days on/2 days off rotation.

This role is a full-time on-site role in Basra, Iraq with travel requirement.

Remarkable people, trusted by clients to design and advance the world.

Wood is recruiting for a Materials and Cost Controller to join its Iraq business unit focusing on development and management of effective Cost Control and Materials Management processes for a Major Onshore Brownfield Project in Basra, Iraq on 5 days on/2 days off rotation.

This role is a full-time on-site role in Basra, Iraq with travel requirement.

#Wood #Iraq #Basra #Engineering

The role

This is an exciting opportunity for an experienced Materials and Cost Controller to join our Iraq Business Unit.

Our Clients and Projects 

Designing the future. Transforming the world. 

Wood is an integral part of operations in Iraq, and we are continuing to grow our footprint across the country. With a 90-year heritage, 10 major contracts and over 850 employees, we have the skills, expertise and asset knowledge to support clients to deliver energy security and decarbonisation ambitions. 

Wood excels in supporting our clients to deliver complex upstream and midstream oil and gas projects in Iraq delivering maintenance, modifications and engineering solutions. We are committed to decarbonising existing assets, producing cleaner energy and developing a sustainable national workforce, ensuring the long-term growth of the region.

What we can offer

• Meaningful and interesting projects Delivered to high profile clients and complex projects in Iraq 
• Commitment to Diversity and Inclusion; we are an organisation actively committed to diversity and inclusion across our business with employee networks committed to giving all employees a voice 
• Competitive salary with regular salary reviews to ensure we are rewarding at the right level in line with the market 
• Medical Insurance: Ensures inpatient and outpatient medical care is available should you require treatment. 
• Commitment to continued professional development; development plans that are tailored to your individual needs and interests 
• Global connections: join experts around the world who are at the leading edge of our industry, shaping the standards of our profession 
• Long Service Award: Wood values the commitment and loyalty of our people. Celebrating Long Service provides an opportunity for the business to demonstrate their appreciation of the hard work, dedication and many years' services of our employees at 5-year service milestones 

Job Objectives:

• Primary Function
  • The development and management of effective Cost Control and Materials Management processes for Drilling and Wellwork activities in the Field.  This to be achieved through the merging of the two activities to balance cist vs supply both of services and materials.
  • To integrate the Cost Control and Materials Management functions to provide a seamless, coordinated support function.
  • Assess supplier performance in terms of quality, cost, and timeliness of delivery.
  • Drive the process of performance improvement through technology and/or changing work method
     
• Cost Control
  • Coordinate with Section and Department heads to compile comprehensive annual work plan and budgets.
  • Manage Budget spend on a daily and monthly basis to report against budget vs actual execution and cost. 
  • Balance normative costs vs invoiced costs.
  • Run a year to date tracker which is then summarised monthly, quarterly and annually.
  • Produce detailed monthly reports to present to management.
  • Provide Cost dashboards for management reporting in Power BI, or equivalent.
  • Prepare finance and spend forecasts to enable management to mange resources effectively and within budget.
  • Develop fit for purpose systems, spreadsheets and reporting in Excel and using in formation derived from Maximo and individual Contracts to achieve job purpose.
     
• Materials Management
  • To have primary oversight on the effective and suitable warehousing and storage of materials.
  • To establish maximum and minim stock levels of all materials for drilling (new wells), workover and well integrity requirements which are based to current and predicted consumption.
  • To produce comprehensive forecasts of materials requirements based upon current and predicted Wells drilling, workover and well integrity plans.
  • To agree, with management approval, maximum and minimum values of materials inventory.
  • To identify redundant stock and work with operational teams to use and/or dispose of redundant stock.
  • To create and provide management reports on monthly, quarterly and annual basis by means of spreadsheet and dashboard formats.

What makes you remarkable? 

At Wood, we are committed to equal opportunities and welcome all talented individuals to consider joining our team. So even if you don't match every statement below but feel you have some of the experience, knowledge or skills needed for this role, we encourage you to apply. It will take all of us working together to deliver solutions to the world's most critical challenges.  

Expected:

• Professional Diploma in SCM / Accounts / Finance.
• Bachelor degree / HND within Finance or Commerce and can document at least 10 years of experience within cost controlling in the Oil & Gas Drilling industry. Experience with accounts payable or supply chain management is desirable.
• Professional courses / certificates related to Drilling Industry.
• Drive the process of performance improvement through technology and/or changing work method
• Minimum of 5+ years of experience in cost control/materials management in Oil & Gas upstream industry.
• Good understanding of drilling & completion operations.
• Desirable to have hands-on experience of drilling & completion operations.
• Solid understanding of the demand / Supply Chain process, accounting principles in Oil & Gas upstream industry.
• Ability to work well with others in a culturally diverse; multi-functional team environment. Able to interact effectively with peers; service and contractor representatives.
• Strong computer skills are necessary with emphasis on MS Office tools, particularly Excel/Power BI and functional knowledge of Maximo or equivalent ERP system.
• Good communication and interpersonal skills.
• Good accounting knowledge (Cost Allocations / Accruals etc).