Project Cost Engineer

Cammach are currently recruiting a Project Cost Engineer on behalf of our client based in Aberdeen. The role will be on a 6-month, fixed term contract and offers a hybrid working arrangement. 

ROLE

The focus of this position will be working within the regional Project Controls function, directly supporting Projects in the creation, updating, and analysis of cost management tools in a manor aiding Project management review, decision making and forecasting.

RESPONSIBILITIES

Cost Tracker

• Update cost tracker based on schedule updates/ changes
• Maintain Project Forecast
• Update with actual billed i.e PM&E etc
• Add any additional non-reimbursable costs
• Update VO LS rate if changes (this will increase as more VO’s get closed out/ added)
• Support Finance analyst with queries
• Regular cost tracking meeting
• Assist with Cost analysis & closing of any activity codes
• Assist cost analysis with Revenue allocation

VO’s

• Maintain VO tracker
• Create new VO’s for reimbursable costs
• Update/ rewrite VO’s if new costs incurred/ requests have changed
• Draft & finalise VO’s - once internally reviewed.
• Attach appropriate backup (quotes, invoices etc) & approvals – make sure all is saved in VO folder too.
• Get internal approval (PM) for VO.
• Hold weekly VO/ Cost Meeting with client and have clear actions in place to discuss.
• Get external approval (client to sign off in weekly meeting)
• Ensure PO coverage to Bill complete VO’s.
• Collate and attach all Back up, inc 3rd party, signed timesheets, email approvals, DPRS and send to QtC alongside signed VO so billing process can begin.

Timesheets

• Populate PM&E, Onshore Readiness & VO timesheets
• Create ‘VO’ timesheet for increased personnel in-country i.e. above personnel in personnel uplift rate
• Review TS in meeting with client and get signed off
• Use GM reports for charging travel/ mob days

Billing

• Create commercial summary where appropriate & get PM to sign off
• Send QtC Billing request with all back up in a clear manner
• Ensure PO coverage (I maintain a PO analysis to keep on top of this)
• Answer any QtC queries and be point of contact between QtC & client
• Send Draft invoice to client for approval
• Send client confirmation to Billing so they can complete & send out final invoice
• Update S/sheets & VO tracker with invoice # and ensure copy of invoice is saved on SP.
• Hold weekly meetings with QtC and have clear actions in place to discuss.

PO’s

• Maintain PO analysis
• If uplift/ new PO is required, provide estimates as early as possible for client to action
• Once commercial review & sign off the PO, confirm the order in client system.

REQUIREMENTS

Required

• Previous experience in cost engineering 
• Previous experience and responsibility of project cost management and reporting in an industrial environment throughout a project’s typical life cycle (Sales, Engineering, Procurement, Testing, and Offshore Execution)

Desired

• Experience with Enovia and PeopleSoft
• Proficient with Microsoft Excel: expertise in complex formulas and functions, pivot tables, macros
• Knowledge of integrating Primavera P6 with other enterprise systems, such as enterprise resource planning software.

Knowledge, Skills, Abilities, and Other Characteristics

• Comprehensive understanding of project management principles, methodologies, and best practices.
• Ability to evaluate project performance, identify variances and propose corrective actions.
• Strong analytical and problem-solving abilities, with attention to detail and accuracy.
• Ability to effectively communicate in English with project managers, engineers and stakeholders both verbally and in written form.
• Strong organizational and time management skills to meet project deadlines
• Proactive and adaptable mindset to anticipate and address potential issues or changes in project schedules
• Commitment to continuous learning and staying update to date with the latest industry trends and advancements in project management software and tools
• Ability to work independently and as part of a team, displaying professionalism and maintaining a positive attitude.
• Proficiency with MS Office applications, primarily Word and Excel, is required.
• The ability to organize disparate information into a usable form is required.