NIZAR SAFADIE

Duties and Responsibilities
- Develop the project cost control strategy, plans and procedures.
- Adhere to the segment financial, business and project processes;
- Coordinate development and implementation of project work breakdown structure / cost breakdown structure in concert with Project Lead and Project Planning/Scheduling Engineer;
- Participate in the development of project execution plans;
- Participate in the development of estimates and studies within a project stage and for sanction;
- Coordinate and develop appropriate control budgets consistent with project estimate
- Implement and monitor costs within each project stage and for entire project until completion or close-out;
- Collect and compile progress and cost data, and develop cost-control worksheets and reports for review by delivery teams;
- Provide cost input to commitment close-out process; - Review and audit contractor cost control procedures and practices;
- Perform quality assurance on contractor cost-management performance;
- Coordinate or develop appropriate internal and external benchmarking and technical limits;
- Coordinate preparation of cost risk analysis;
- Review financial data related to accruals, invoice payments, purchase orders and material deliveries and other financial data;
- Provide cost input to and implement the cost element of change management procedure;
- Provide cost input to and implement the cost element of risk management plan;
- Link risk process to change process and estimate;
- Coordinate and develop project work-in-place, commitment and estimate at complete forecasts;
- Coordinate and develop project annual-spend projections, cost reconciliations and variance analyses;
- Assist and prepare cost performance management data;
- Provide interface to other functions and teams to improve processes, resolve conflicting priorities and ensure adherence to best project practices;
- Prepare and implement project-wide cost measurement and reporting system, including roll-up levels and reporting cycle calendar;
- Develop and issue various reports to appropriate stakeholders;
- Develop project close-out plan;
- Work with business unit or project controller and accounting function to ensure adequate financial controls;

refer to CV