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Full-Time

Vice President

Project Controls, Ofe

Confirmed live in the last 24 hours

Venture Global LNG

Venture Global LNG

501-1,000 employees

Produces and exports liquefied natural gas

Industrial & Manufacturing
Energy

Senior

Arlington, VA, USA

Category
Corporate Finance
Finance & Banking
Required Skills
SAP Products
Excel/Numbers/Sheets
Requirements
  • 10 or more years of experience in a senior leadership role within the owner's cost control and project execution organization on major capital projects. Energy industry experience preferred.
  • A four-year accredited college degree in finance, accounting along with CPA, CMA, ACCA preferred.
  • Intermediate to Advanced proficiency with leading ERP and Cost Software such as SAP and EcoSys. Mastery of MS Excel required.
  • Proven management experience to include training, leading and development of employees.
  • Demonstrated ability to develop or refine a company-wide cost control program and clearly communicate expectations and business value to all levels of the business.
Responsibilities
  • Develop and implement comprehensive fabrication and financial strategies to monitor and manage OFE costs, materials management and schedules effectively
  • Monitor and analyze OFE expenditures to identify areas for cost reduction and efficiency improvements
  • Prepare detailed financial reports and analyses to track OFE component procurement and fabrication performance and provide performance insights to senior management
  • Integrate with and routinely support VG finance team with OFE cost forecasts and cash flows.
  • Manage and interpret cost audits and prepare cost reports for executive management
  • Actively supports the contract Change Management Process by maintaining functional knowledge of contractual requirements and ensures proper documentation and communication of project changes
  • Provide oversight for OFE invoicing reviews, audits, and invoice approvals
  • Manage and provide leadership of the OFE Project Controls team in providing accurate cost data consistent with Company procedures
  • Demonstrate budget management, accurate cost collection, and communications with project and corporate management leading to optimal decisions
  • Promote a culture of high performance and continuous improvement that values learning and a commitment to quality
  • Mentor and develop staff using a supportive and collaborative approach: assign accountabilities; set objectives; establish priorities; and monitor and evaluate results
  • Ensure transparency relative to project issues or any known items that may impact the accurate projection of the project cost to complete through timely and purposeful communication

Venture Global LNG produces and exports liquefied natural gas (LNG) from North America to international markets. The process involves cooling natural gas to a liquid state, making it easier to store and transport. The company operates large-scale LNG export facilities, currently developing three major sites in Louisiana. These facilities are designed to optimize logistics and reduce costs, allowing Venture Global LNG to offer competitive pricing. Unlike many competitors, the company focuses on efficiency and long-term contracts with clients, which include energy companies and utilities, ensuring a stable revenue stream. The goal is to provide low-cost, clean, and reliable energy to meet the growing global demand for cleaner energy sources.

Company Stage

Series C

Total Funding

$10.1B

Headquarters

Arlington, Virginia

Founded

2013

Growth & Insights
Headcount

6 month growth

89%

1 year growth

8%

2 year growth

89%
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Simplify's Take

What believers are saying

  • The approval of the CP2 LNG project and the launch of the first LNG vessel signify strong growth and expansion potential.
  • Long-term contracts with global clients provide a steady revenue stream and financial stability.
  • Partnerships for energy security, such as with DTEK of Ukraine, highlight the company's role in supporting global energy needs.

What critics are saying

  • Arbitration cases with major clients like Shell and Orlen SA could lead to financial and reputational damage.
  • The need for permits and long-term contracts for new facilities poses regulatory and operational challenges.

What makes Venture Global LNG unique

  • Venture Global LNG's focus on innovative and efficient production methods allows it to offer low-cost LNG, setting it apart from competitors.
  • Strategically located export facilities optimize logistics and reduce costs, providing a competitive edge in the global market.
  • The company's investment in a state-of-the-art LNG fleet enhances its supply chain capabilities, ensuring reliable delivery to clients.

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