Project Business Manager - EPC(Oil & Gas), Egypt

We are seeking a highly experienced Project Business Manager with a strong background in the Oil & Gas sector and proven expertise in EPC project execution.

Note: ONLY Egyptian nationals will be considered.
Location: Cairo, Egypt (rotational as-needed to project locations in MENA region)

Position Overview: The Project Business Manager (PBM) is responsible for managing the commercial, financial, and administrative aspects of EPC project execution. The PBM serves as the business focal point for the project — integrating cost control, schedule development, earned value management, contracts, procurement, finance, risk, and reporting functions to ensure commercial success, compliance, and profitability throughout the project lifecycle.

Key Responsibilities:

• Lead the development and maintenance of the project budget, forecast, and cost control system, ensuring alignment with EPC contract requirements.
• Manage the project financial model, including cash flow forecasting, revenue recognition, and margin tracking.
• Monitor and analyze project cost and schedule performance, identifying trends, variances, and opportunities for improvement.
• Prepare and present monthly cost reports, variance analyses, and management dashboards.
• Support preparation of quarterly forecasts and project financial reviews with corporate finance.
• Manage invoice approvals, billing milestones, and payment certificates in accordance with contractual terms.
• Ensure compliance with IFRS, internal accounting procedures, and audit requirements.
• Support in interpreting and implementing the EPC contract, ensuring compliance with all commercial terms.
• Manage change orders, claims, and variation requests, including cost and schedule impact assessments.
• Coordinate with legal and contracts teams to ensure risk mitigation and contract governance.
• Administer subcontracts and supplier agreements, including approval of payment milestones, retention, and performance bonds.
• Ensure that all commercial documentation such as insurance, guarantees, and letters of credit are properly managed and up to date.
• Track and report on contractual obligations, deliverables, and key performance indicators (KPIs).
• Oversee and coordinate cost control, planning/scheduling, and document control teams to ensure integrated project reporting.
• Implement and maintain robust project control systems for tracking cost, progress, and productivity.
• Support risk management activities by monitoring cost and schedule risks, developing mitigation plans, and updating project risk registers.
• Validate and reconcile earned value (EV) metrics against progress and cost baselines.
• Contribute to project review meetings, audits, and performance assessments.
• Collaborate with procurement teams to monitor purchase order commitments, supplier invoices, and expediting.
• Ensure alignment between procurement deliverables and project cost forecasts.
• Support vendor performance evaluations and cost optimization initiatives.
• Verify procurement reporting, ensuring visibility of all commitments and variations.
• Serve as the financial and commercial advisor to the Director EPC Projects and leadership team.
• Lead or contribute to business risk assessments, internal audits, and compliance reviews.
• Mentor and guide project controls and finance staff assigned to the project.
• Ensure full compliance with corporate governance, ethics, and anti-bribery policies.
• Contribute to lessons learned and best practice sharing across the EPC business.

Qualifications:

• Bachelors degree in Business Administration, Engineering, or equivalent.
• Minimum 8 years of proven experience in project management or commercial management roles within EPC, oil & gas, power, or large-scale infrastructure projects.
• Strong track record of delivering large-scale EPC projects within the O&G industry.
• Previous interaction/experience with Aramco is a plus.
• Strong commercial and financial management skills with experience managing multi-million-dollar projects.
• Proficiency in cost control systems and ERP tools (e.g., SAP, Oracle, Primavera Cost, or EcoSys).
• Solid understanding of project accounting principles (IFRS/GAAP) and earned value management (EVM). Hands on experience with Primervera6 preferred.
• Experience in budgeting, forecasting, and cost reporting for multi-million-dollar EPC projects.
• Excellent analytical, financial modeling, and problem-solving skills.
• Advanced Excel and Power BI or dashboard reporting capability.
• Strong commercial acumen and ability to identify risks and opportunities
• Excellent communication and stakeholder management skills.
• Strategic thinker with hands-on execution capability.
• Proven ability to work in multidisciplinary, multicultural project environments.
• High level of integrity, accountability, and attention to detail.
• Strong leadership and team coordination across functions.