Full-Time

Manager – Cost

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
Cost Accounting
Financial Analysis
Accounting
Required Skills
Data Analysis
Requirements
  • A Bachelor’s degree in Engineering or Business or a related field.
  • Minimum 10-15 years project controls experience with 7+ years in a lead role.
  • Experience leading the cost control function for a major project.
  • Demonstrated ability to understand a demanding, technical, and complicated project execution program; and the ability to communicate progress and issues to a technical and management-level audience.
  • Effective oral and written communication skills with an ability to communicate complex issues.
  • Expert user of EcoSys software
  • Working knowledge of Microsoft Office and Primavera P6 along with other Project Controls tools.
Responsibilities
  • Demonstrate visible leadership and commitment to HSSE performance.
  • Manage and develop an organization that provides fit-for-purpose and effective cost control support to the project.
  • Maintain timely awareness of project cost against baseline; analyze potential changes; recommend corrective actions.
  • Support the Change Management process and ensure impacts are incorporated into cost and schedule forecasts along with contingency positions.
  • Agree project arrangements for managing expenditure authorizations with cross-functional groups, i.e., Finance, Accounting, Management, etc.
  • Ensure suitable cost control tools utilized and integrated for both Company and the Contractor systems.
  • Monitor and review the cost control element of contractor performance throughout the contract life cycle; recommend corrective action where necessary.
  • Control and coordinate communication to and from Company and external groups.
  • Facilitate sharing of data and analysis between Company and external groups as necessary.
  • Action cost management and control activities for the project.
  • Review contractor cost reports, cashflow and recommend corrective action where necessary.
  • Assist in development of Estimate at Complete values for cost accounts.
  • Conduct cost variance analysis of reported data and communicate trends.
  • Understand the Project Schedule and ensure correlation to cost forecasting.
  • Participate in Change Management program to identify areas of risk exposure.
  • Evaluate staffing plans against budgets.
  • Manage the attesting and approval for payment of all invoices submitted for payment.
  • Prepare regular and timely cost reports and may entail aggregating contractor’s cost reports into an overall integrated cost report, detailing progress against plans and budgets, for circulation to senior management and other stakeholders.
  • Populate and update Company’s project monthly report and submit other cost information as requested for management reviews.
  • Operate and administer EcoSys software for the project.
  • Ensure the capture of project close-out information to improve cost estimating and schedule projections for future opportunities.

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. The company serves a variety of clients, including energy companies and utilities, through long-term contracts that provide stable revenue and help manage market risks. The goal is to provide low-cost, clean, and reliable energy while meeting the increasing global demand for cleaner energy sources.

Company Stage

Growth Equity (Non-Venture Capital)

Total Funding

$10.1B

Headquarters

Arlington, Virginia

Founded

2013

Growth & Insights
Headcount

6 month growth

85%

1 year growth

5%

2 year growth

85%
Simplify Jobs

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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