Manager, Cost

As a Cost Manager at Venture Global LNG, your primary responsibilities will include budget control, change management, VOWD calculations, commitment tracking, and cost forecasting. You’ll also oversee invoice processing and ensure adherence to company guidelines throughout project cycles.

To be a successful Cost Manager at Venture Global LNG, candidates should possess a Bachelor’s degree in Engineering or Business, along with 10-15 years of project controls experience, including at least 7 years in a lead role. Proficiency in EcoSys software and familiarity with Microsoft Office and Primavera P6 are also critical.

Venture Global LNG ensures effective cost control through comprehensive monitoring of project costs against baselines, conducting cost variance analysis, and recommending corrective actions when necessary. The Cost Manager plays a pivotal role in facilitating communication and coordinating expenditure authorizations across departments.

A Cost Manager at Venture Global LNG will need to be an expert user of EcoSys software, as well as familiar with Microsoft Office and Primavera P6. These tools are essential for accurate cost tracking, reporting, and project management.

A Cost Manager at Venture Global LNG can expect a collaborative work environment that emphasizes teamwork, effective communication, and commitment to HSSE performance. The company values contributions from all team members and fosters a supportive culture.

In responding to this question, highlight specific examples from your past that demonstrate your ability to manage budgets effectively. Discuss how you monitored expenditures, adjusted forecasts, and communicated variances.

Describe your method for assessing impacts of changes on the project budget and schedule. Include examples that show your ability to manage stakeholder communication and incorporate changes into forecasts.

Share your approach to cost forecasting, emphasizing the importance of data analysis, historical information, and trends in accurate predictions. Mention any specific tools or techniques you utilize.

Discuss your experience in maintaining compliance, including your strategies for training team members, conducting audits, and utilizing checklists or systems to meet project guidelines consistently.

Offer a detailed example where you identified a significant cost-related problem, analyzed the contributing factors, and implemented a solution that led to positive financial outcomes.

Emphasize the importance of clear communication with stakeholders. Share examples of how effective communication helped mitigate misunderstandings and contributed to project success.

Describe your methods for monitoring contractor performance, including how you assess cost reports and cashflows and your process for recommending corrective actions when necessary.

Discuss your proficiency with EcoSys, detailing how you’ve used it for cost management, reporting, and integration with other project control tools to enhance overall project tracking.

Explain your step-by-step process for conducting cost variance analysis, including how you identify variances, analyze trends, and communicate findings to the relevant stakeholders.

Share how you engage with industry publications, attend conferences, or participate in professional organizations to keep abreast of the latest trends and enhance your cost management skills.