Seymur Abdurahmanov
Austin, TX
832-***-**** *************@*****.***
Cost Engineer
Solutions-based, analytical, leader with international experience poised to deliver entrepreneurial insight and best-practices project-management expertise in areas focused on financial planning and project controls in engineering and construction of major capital projects throughout full project life cycle within oil and gas, manufacturing and renewable energy industries. Strong focus on project development methodologies, cross-functional relationships, and strategic management along with unsurpassed implementation proficiencies.
core competencies
Stakeholder Leadership
Business Intelligence
Change Management
Cost Management
Risk Management
Variance Analysis
Financial Budget Planning
Construction On/Offshore
Project Charter
Budgeting and Forecasting
Internal Controls
Financial Forecasts
Project Planning
Cost Control
Capital Budgets
Process Improvement
Reporting Structures
Earned Value Management
recent relevant experience
Cost Engineer
Sunpower Austin, TX
2015 – Present
Manage cost engineering activities for Solar Power Plant EPC projects, conduct budget approve/review processes, established cost structure, report accruals, forecast adjustments and cost codes actuals distribution to the Project Finance team. Managed project portfolio budget varies from $30m-$200m.
Selected Accomplishments:
oFinancial Analysis: Provided hands on support to project during stage gate reviews by preparing cash flow curves indicating correct revenue/margin indicators
oProcess Improvement: Improved financial performance of EPC projects by revising billing/cash flow processes and adapting more cash positive billing structure
oOperational Efficiency: Managed subcontractor’s performance by reviewing monthly progress achievements, VOWD reporting and providing Schedule of Values analysis
oScope of Work: Reviewed subcontractors service estimates throughout buyout process, ensuring bid values were in accordance with initial estimates
oStakeholder Leadership: Provide in depth budget review for quarterly financial reporting, chair project performance meeting with Project Team and following up on any budget related actions
Cost Engineer
BP Houston, TX
2012 – 2015
Led complete cost control processes while supporting budget holders who held delegated accountability for budget items; oversaw project related management of change flow utilizing Project Management Control System and reported list of approved changes, incorporating cost impact into the master cost report on WBS level. Project budget: $2B.
Selected Accomplishments:
oCrossfunctional Communications: Conducted Accrual/VOWD review meeting with finance team, preparation along with submission of accrual variance description while providing monthly accrual/VOWD movement analysis
oForecasting: Accuracy during FEED was improved from 18% to 4%
oReporting: Ensured that Master Cost Report was updated with full months’ worth of SAP Actuals and SAP Commitments which obtained cost updates from team of Cost Engineers and rollover to final version
oProject Management: Prepared cost related elements of projects -> monthly cost and scheduled write-ups including narratives, approved changes report & budget variances
oBusiness Intelligence: Generated cost summary and phasing report for monthly cost review meetings while providing Project Management team with forward looking data which identified expected project performance
Cost Engineer
BP (Fircroft), Baku, Azerbaijan
2010 – 2012
Effectively supported all cost engineering activities for execution stage of Chirag Offshore Major Project. Main responsibilities included; Jacket Fabrication and Assembly cost reporting, monitoring of labor profile, contractor’s PMT performance, maintenance of project procurement plan as well as developing project WBS and maintenance of cost codes structure. Project budget: $300m.
Selected Accomplishments:
oLeadership: Supervised preparation of cost estimates, budget forecasting and reporting of present costs
oReporting & Audits: Formulated monthly cost reports and provided analytics to Delivery Manager in cost related matters along with sensitivity analysis for various cost metrics and scenarios while carrying out periodic audits of contractor invoices, procedures and other financial documents as needed
oForecasting: Analyzed expenditures along with forecast for quarterly Project Finance Outlook updates and comparison while achieving target of 3% variance during reporting period as well as delivering accurate VOWD and accrual information
oChange Management: Provided input into Risk Register and transferred to P&O register or Cost report where applicable then distinguished Management of Change and impact on cost /schedule
Additional Work History
Contracts Officer
Holcim Baku, Azerbaijan
2009 – 2010
Cost Engineer
Business Support Coordinator
RBG Ltd. Baku, Azerbaijan
2006 – 2009
Contracts Support Administrator
PCH Baku, Azerbaijan
2004 – 2006
Education
M.B.A.
Azerbaijan State University of Economics Baku
B.A. Taxation
Azerbaijan State University of Economics Baku
Additional Skills
Technology:
MS Excel, certified in Kildrummy Cost Manager Application, SAP, Oracle, FileNet, SUN and Maximo systems
Languages:
Fluent in English, Russian and Azeri