Cost Engineer

Our client, an independent oil & gas company are currently seeking an experienced Cost Engineer. Based in Aberdeen, the role is offered on a 6 month contract – Ltd Company

RESPONSIBILITIES

• Co-ordination of all cost management, cost reporting and cost analysis for OPEX, CAPEX and ABEX Projects.
• Support budget and AFE process where needed
• Track, monitor and accurately report project commitments, value of work done (VOWD) and forecast costs
• Provide accurate monthly reporting and input into overall project and wider business reporting cycles. 
• Ensuring commitments and invoices are correctly coded, adequate funding is always in place and forecast costs are properly calculated and managed.
• Liaise with project personnel (including Site personnel) on cost related matters such as progress, milestones, and variations on a contract by contract basis.
• The preparation of monthly Cost Reports, which includes the following:
  • Ensure Value of Work is re-evaluated based on most current data.
  • Interrogate data received from other team members.
  • Re-forecast estimate to complete/forecast Final Costs and identify any areas of concern (budget overruns, work/delivery slippages etc.) which could impinge upon other cost areas.
• Maintain Suspense Account on a timely basis to ensure all shared costs are distributed appropriately to individual projects.

REQUIREMENTS

Interpersonal

• Ability to work with individuals from a varied background in a multi-cultural environment.
• Presents themselves in a professional and ethical manner appropriate to the Company values.
• Maintains a safe working environment, complying with and promoting the Company’s HSE&A policy
• Works collaboratively within a team environment and takes initiative to get things done
• Ability to communicate in a respectful manner, both verbally and written.

Skills & Attributes

• Strong analytical capability to visualise and capture root cause
• Drives effective information sharing. Helps others build their networks and use a range of contacts inside and outside the Company.
• Able to make effective decisions quickly. Identifies problems and stakeholders and drives resolution in a timely fashion
• Identifies bottlenecks and works with the business to remove them. Demonstrates leadership in business improvements. Initiates Change, assessing risks and rewards
• Strives for continuous improvement; brings solutions and constantly seeks new and better ways to work.
• Actively shares Company vision and demonstrates ability to adapt to change.

Experience

• Competent working with Operator Cost Control & Financial Systems.
• Extensive working knowledge of Cost Control – WBS structures, Budgets, Allocations, Commitments, Value of Work, Forecasts and Estimated Final Costs.
• Management of Project provisions – Use of Growth Allowances & Contingency Allowances.
• Preparation of Project Reporting – Internal & External.
• Experience of Vendor Management – Interface/Reporting/Milestones
• Experience of Change Management – Variations.

Qualifications 

Essential

• Candidates must be qualified to Degree Level or have relevant professional qualification.
• Must be able to demonstrate continuing personal and professional development.

Desirable

• Working knowledge of Maximo.