Consultant – Cost Management & Optimization

Key Responsibilities:

• Develop and support the implementation of cost-reduction strategies and action plans in collaboration with cross-functional teams.
• Assess and report financial estimates for cost-saving initiatives.
• Provide recommendations to optimize resource allocation and improve cost efficiency.
• Collect and analyze cost data, cost drivers, and financial performance indicators.
• Design and oversee the development of IT applications to offer insights on cost trends and identify areas for improvement.
• Ensure that cost baseline and optimization efforts maintain a balance between efficiency and compliance.
• Periodically review and refine cost baseline models and cost optimization processes.
• Drive the automation of cost baselines and provide actionable recommendations for improvement.
• Support the hydrocarbon accounting process across the company’s value chain, including data validation and reconciliation to ensure consistency and accuracy in production data.
• Coach and mentor internal resources to build capabilities in supporting and leading cost optimization initiatives.

Experience:

• A minimum of 18 years of industry experience, including 13+ years in the Oil & Gas (O&G) sector in a similar role.
• Extensive expertise in financial analytics, cost management, and cost optimization across the O&G value chain.

Proven experience in Oil & Gas procurement and financial transformation initiativesQualifications:

• Bachelors or advanced degrees in Finance, Engineering, or Business.
• Preferred professional certifications such as:

Certified Cost Professional (CCP)Certified Management Accountant (CMA)Kaizen or Six Sigma certifications

• A proven track record of successfully advising and supporting CXO-level executives in O&G organizations on cost management and optimization.

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