Cost Engineer

Our client, an independent global oil and gas company, is seeking a Cost Engineer to join their team on a 12-month contract. The position is based in Aberdeen and offers a hybrid working arrangement.

ROLE

• The cost engineer is responsible for providing support to the assets for all cost engineering & estimating requirements within the Major Projects portfolio, inclusive of Subsea & Decommissioning.  Additional support will also be provided to the Assets for Facilities Engineering scopes. With significant spend year on year, this role is critical in ensuring effective cost management across the business.
• The main responsibilities for this role are cost estimating for Major Projects & Facilities at all levels of project maturity, preparing, analysing and consolidating monthly cost reports for each project, month end postings. 
• The role is part of the cost engineering team which covers D&C and Major Projects and is part of the wider finance function.  The role reports into the cost engineering team lead.  Key stakeholders include but are not limited to the Major Projects team, Facilities Engineering, Assets, Contracts team, wider finance teams (internally), as well as external vendors & auditors.

RESPONSIBILITIES

As a cost engineer - you will be accountable for all Major Projects & Facilities Engineering scopes being undertaken within an asset or across multiple assets. The allocation of assets/projects will be agreed with the team lead, this will require a level of flexibility to support a very busy schedule.

• Actively contribute to the cost estimating for all upcoming Major Projects & Facilities Engineering scopes, supporting each project as it moves through the stage gate process.
• Maintain cost control system to track budgets, commitments, expenditure & forecasts for each project.
• Identify scope uncertainty to determine growth & contingency allowances; identify risk & opportunities as project progresses.
• Interface with HQ and Audit support.
• Prepare monthly value of work done and remainder of year/project estimates.
• Contribute to the annual work programme & budget process for allocated work scopes.
• Provide cost support to the project through the internal and external approval process.
• Present regular updates on cost performance for Major Projects & Facilities Engineering scopes to project & asset management.
• Collaborate with key stakeholders to ensure delivery of fit for purpose cost reporting to enable business decision making.
• Drive a continuous improvement mind set to ensure efficient and effective processes and value adding reporting.

REQUIREMENTS

• Understanding of North Sea upstream oil and gas industry with comprehensive knowledge of Major Projects & Facilities Engineering operations.
• Experience in the application of SOAP’s to an Operator.
• Extensive SAP Knowledge and Experience
• Excellent planning skills with ability to work under time, budget and resource pressure and with competing work priorities, delivering work to appropriate standards over both short and long timeframe.
• Good interpersonal skills, personal drive and self-starting initiative with a strong focus on integrity.
• Excellent communication skills and experience engaging with individuals at all levels in the organisation.
• Have strong analytical skills and problem-solving ability
• Ability to demonstrate strong accountability with a drive for continuous improvement
• Ability to demonstrate the use of technology to improve process controls and efficiency
• Prior Major Projects & Facilities Engineering cost engineering/accounting experience is essential
• Prior Cost Estimation experience is preferable
• Bachelor’s degree (preferable)
• Significant relevant industry experience
• SAP Knowledge and experience