NASIR ALI

Project Cost Control Manager

Result-driven Project Cost Control Manager with over 16 years of expertise delivering financial controls for massive Oil & Gas EPC megaprojects across the GCC. Proven track record managing $2.0+ Billion CAPEX budgets for Tier-1 operators, including intensive offshore developments for Saudi Aramco and ADNOC downstream/upstream assets. Subject matter expert in SAP PS/MM/SD modules and Asset Capitalization, seamlessly closing out multi-million dollar capital projects into fixed asset registers.

[email protected] +971-56-6292910 MBZ City, Abu Dhabi, UAE
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Skills
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Certifications
Work Experience
Cost Control / Subcontracts Engineer
Fauz Engineering Limited
Oct 2009 — Feb 2011Lahore, Pakistan
  • Implemented tracking systems to audit project fabrication and erection progress against budget baselines
  • Conducted deep BOQ studies across complex hydrocarbon and utility piping setups
  • Handled field validation of subcontractor progress updates and audited change order claims before commercial approval
Assistant Manager Planning / Cost Control
Peoples Steel Mills Limited (P&D Division)
Mar 2011 — Nov 2011Karachi, Pakistan
  • Extracted accurate Bill of Quantities (BOQ) and Bill of Materials (BOM) from physical engineering drawings to support cost estimation
  • Drafted and verified client company commercial invoices while auditing and validating subcontractor invoice lines
  • Handled standard man-hour resource tracking and earned progress calculations across heavy mechanical refinery plant structures
Sr. Cost Engineer
Descon Engineering
Dec 2011 — Sep 2013Abu Dhabi, UAE
  • Monitored and controlled construction expenditure budgets across 4 areas encompassing 7.4 Million Man-hours
  • Authored variation orders, financial impact reports, and scope-deviation change requests
  • Evaluated Bill of Quantities (BOQ/BOM) data against actual financial expenditure lines
Lead Cost Engineer
Global Process Systems (Al Jaber Group)
Sep 2013 — Oct 2014Abu Dhabi, UAE
  • Tracked budget execution and material costs of skid modules, piping, and structure fabrications for regional facilities
  • Audited labor efficiency, equipment utilization costs, and direct man-hour financial bookings
  • Key Projects: Weatherford Produced Water & Fuel Gas treatment packages (Eni Zubair field), Takreer Refinery
Cost Control Manager
Al Hassan Engineering SAOG
Nov 2014 — Apr 2016Muscat, Oman
  • Standardized performance metrics across operating budgets and five-year corporate plans
  • Formulated client change orders and extra works calculations based on contract clauses
  • Monitored consumption of direct materials and established baseline standards for waste control
  • Prepared fair price estimates, drafted agreements, and negotiated subcontracts
  • Key Project: Rabab Harweel Power Plant Project ($129.8M sour gas processing facility for PDO Oman)
Cost Head
Petroserv Limited W.L.L.
Apr 2016 — Aug 2022Doha, Qatar
  • Spearheaded the financial closeout and asset componentization of offshore facilities, breaking down mega-project CAPEX into discrete, depreciable asset classes in SAP PS according to corporate capitalization limits
  • Enforced strict compliance with Value of Work Done (VOWD) and accrued liability reconciliation to ensure seamless issuance of Asset Capitalization Certificates, eliminating audit bottlenecks
  • Designed graphical analytics systems forecasting cost-overruns to mitigate financial exposure early
  • Enforced proper account numbers and Work Breakdown Structure (WBS) mapping for all materials
  • Reviewed and analyzed multi-million dollar contractual claims while driving commercial negotiations
Lead Cost Engineer (SAP PS / MM / SD Specialist)
NMDC Energy (Formerly NPCC)
Aug 2022 — PresentCurrentAbu Dhabi, UAE
  • Managed phased capitalization process for offshore oil and gas infrastructure, aligning Mechanical Completion (MC) and Pre-Commissioning milestones with the progressive capitalization of fixed assets
  • Audited and mapped Bill of Materials (BOM) and Equipment Master Records within SAP MM/PS to ensure all offshore structures, structural skids, and subsea cables were tagged, valued, and transferred to the operational asset register with zero variance
  • Identified and resolved capitalization variances on complex EPC offshore packages by performing detailed financial reviews of contractor variation orders, preventing unauthorized OPEX from impacting project CAPEX allocations
  • Validated budgets and resources in SAP PS for all active mega-projects
  • Developed and maintained structural Cost Breakdown Structures (CBS) tied to Project WBS
  • Received high commendations from management for successful completion of Aramco CRPO 136 and CRPO 137 with zero discrepancies in project capitalization.
Skills
CAPEX ManagementCost Breakdown Structure (CBS)Cash Flow ForecastingEstimate at Completion (EAC)Earned Value Management (EVM)Primavera P6 (Cost Features)SAP PS/MM/SD ModulesVariation Orders Management
Education
Bachelor of Science, Mechanical Engineering
University of Engineering & Technology (UET), Lahore
2005 — 2009
Certificates
Project Management Professional (PMP®)
Project Management Institute, USA
2022
Diploma in Project Management
IBMI, Germany
Certified Risk & Change Management
IBMI, Germany
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