Project Controls Cost Lead - Offshore Project

Project Controls Cost Lead – Offshore Project Location: Downtown Houston, TX Schedule: 9/80 Work Schedule Employment Type: Long-Term Contract Industry: Major Offshore Energy Operator Position Overview We are seeking an experienced Offshore Cost Engineering & Project Services Lead to support the planning and execution of major offshore capital projects. This role is accountable for leading all cost engineering and project services activities, ensuring accurate estimating, budgeting, forecasting, cost control, and financial performance reporting throughout the project lifecycle. The Offshore CEPS Lead serves as a key advisor to project leadership by integrating cost, schedule, and execution progress data to provide decision-quality insights that support funding, project execution, and commercial outcomes. This position plays a critical role in managing cost risks, enhancing project performance visibility, and ensuring delivery of predictable financial results across a portfolio of offshore projects. Key Responsibilities Cost Management & Controls Lead development and maintenance of project estimates, budgets, forecasts, and cash flow projections. Establish and oversee project cost control processes to ensure consistency with corporate standards and project execution requirements. Monitor project performance against approved budgets and identify trends, variances, risks, and opportunities. Drive forecasting accuracy through regular performance assessments and proactive engagement with project teams. Review and validate project commitments, expenditures, accruals, contractor invoices, and cost allocations. Integrate cost, schedule, progress measurement, and project execution data to provide a holistic view of project performance. Ensure alignment between project controls systems, WBS/CBS structures, and project reporting requirements. Support funding requests, investment decisions, and management reviews through timely and accurate reporting. Partner closely with engineering, procurement, construction, supply chain, finance, and operations teams. Identify cost risks, growth opportunities, and variance drivers across project phases. Lead cost-related risk mitigation strategies and corrective action plans. Support change management processes and evaluate cost impacts associated with scope changes and execution strategies. Maintain visibility of project contingencies and cost risk registers. Governance & Continuous Improvement Ensure consistent application of cost engineering methodologies, standards, tools, and best practices. Drive improvements in data quality, reporting transparency, and project performance analytics. Support project audits, assurance reviews, benchmarking efforts, and governance requirements. Promote continuous improvement in project controls processes and digital tools. Stakeholder Engagement Provide executive-level reporting and presentations to project and functional leadership. Communicate complex cost and performance information to both technical and non-technical stakeholders. Mentor and guide project controls personnel and cost engineering resources as required. Influence key project decisions through accurate analysis and actionable recommendations. Required Qualifications Bachelor's degree in Engineering, Construction Management, Business, Finance, or a related discipline. Minimum 12+ years of project controls and cost engineering experience supporting major capital projects. Minimum 5+ years in a Lead Cost Engineer, Project Controls Lead, CEPS Lead, or similar leadership role. Demonstrated experience supporting complex offshore oil & gas, LNG, subsea, or energy infrastructure projects. Strong expertise in cost estimating, forecasting, earned value management, variance analysis, risk management, and change control. Experience integrating cost and schedule data to support project performance management. Proficiency with project controls and cost management systems such as EcoSys, SAP, Primavera P6, Power BI, or equivalent platforms. Strong analytical, organizational, and communication skills. Preferred Qualifications AACE International certification (CCP, CEP, PSP) and/or PMP certification. Experience supporting projects through multiple phases including Select, Define, Execute, and Closeout. Familiarity with large EPC, reimbursable, and lump-sum contracting environments. Experience supporting offshore subsea, topsides, pipeline, or brownfield modification projects. Strategic Cost Management Risk & Opportunity Management Executive Reporting Data Analytics & Digital Tools Stakeholder Management Why Apply? Long-term contract opportunity with a major offshore energy operator. Downtown Houston location with a 9/80 work schedule. High-visibility role supporting significant offshore capital investments. Opportunity to influence project performance and strategic decision-making at the leadership level. Physical Requirements: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this Job, the employee is regularly required to sit, walk and stand; talk or hear, both in person and by telephone; use hands repetitively to finger, handle, feel or operate standard office equipment. The employee is frequently required to reach with hands and arms. The employee is occasionally required to stand; walk and stoop, kneel, crouch, or crawl. The employee must frequently lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision and the ability to adjust focus. About Teal Energi: TealEnergi is a technical manpower provider with extensive experience supporting the successful execution and operation of major capital project investments. Forged through a desire to provide best-in-class service to clients, candidates, and contractors alike, TealEnergi works through its offices nationwide to provide regional support to a wide range of sectors including both traditional energy and energy transition initiatives (e.g., LNG, hydrogen, wind, solar), as well as manufacturing, mining, and infrastructure. TealEnergi is committed to fostering, cultivating and preserving a culture of diversity, equity and inclusion. All qualified applicants will receive consideration for employment without regard to race, color, age, disability, ethnicity, gender or gender identity, language, national origin, physical or mental ability, political affiliation, religion, sexual orientation, or protected veteran status. #J-18808-Ljbffr Teal Energi