Frank H. Schoenfeldt

About Frank H. Schoenfeldt

Experienced and detail-oriented project controls professional with over 18 years of expertise in oil and gas. Proficient in industry-standard software tools including SAP, SharePoint, CMT, Power BI, and P2P application software, as well as Microsoft Office Suite, including Excel (utilizing VLOOKUPs, PivotTables, and complex formulas). Skilled in finance and accounting practices, including accruals, journal entries, and ad hoc reporting. Possess project management and internal controls knowledge, with a proven ability to collaborate across business units and with external stakeholders. Effective communicator and logical, analytical thinker, thriving in multi-cultural environments. Recognized for work ethic, meticulous organization, and documentation. Adept at tracking updates to assumptions and forecasts, and at conducting variance analyses. Known for managing multiple projects in deadline-driven environments. Holds dual citizenship in the U.S.A. and Germany.

Experience

1. Contractor Senior Cost Engineer

   bp

   Jan 2008 — Present · Houston, TX, US

   Embedded within BP Gulf of Mexico (GOM) Projects & Modifications Team effectively collaborating with project managers and engineers, and internal/external partners associated with the BP Atlantis and Thunder Horse Production Platforms. Currently providing leadership and guidance to project management for an active and concurrent portfolio of about 50 capital and expense Brownfield projects with cumulative project volumes of over $200M. • Obtaining Authorization for Expenditure (AFE) approvals for capital and expense projects. • Providing ongoing assurance provided at a program and project level regarding financial outputs. Thorough explanations for underlying project costs and activities provided to central functions, regional operations, projects and engineering teams. • Delivering monthly project cost tracking reports and value of work done (VOWD) projections to ascertain accurate monitoring of all project spends. Cost monitoring within each project stage and throughout the entire project lifetime from initiation to close-out. • Continually estimating budgets for ad-hoc proposals for new projects. Demonstrates adeptness in cost breakdown structure (CBS), work breakdown structure (WBS), and coding to track current trends, future trends, and progress measurement. • Preparing in-year and long-term planning budgets, and spearheads the evaluation on plan versus actuals deviations utilizing trend and change management processes. • Ensures project plans, schedules, costs and commitments are in compliance with company protocols and project’s execution plans.

Education

• Hogeschool voor Economie en Management, Utrecht/NL

  BA (Hons.), Business/Managerial Economics

  1992 — 1993

• VWA Essen, Germany

  Betriebswirt VWA, Betriebswirtschaftslehre/Business Administration

  1988 — 1992

• University of Bradford School of Management

  Master in Business Administration (MBA), Business Administration and Management, General

  1994 — 1996