Our Client operates in the Oil and Gas industry. It currently requires the services of a Senior Cost Engineer.

Summary:

The overall job role objective is to estimate the cost of projects through a thorough analysis of the project requirements and specifications. This role is focused on delivering a complete suite of cost-control services and financial support for projects within the company.

Key Job Duties (not exhaustive)

Develop the project cost control strategy, plans and procedures;

Adhere to the financial, business and project processes of the company; 

Address issues pertaining to project cost control procedures; 

Coordinate development and implementation of project work breakdown structure/ cost breakdown structure (CBS); 

Participate in the development of project execution plans; 

Coordinate and develop appropriate control budgets consistent with project estimate and WBS / CBS; 

Implement and monitor costs within each project stage and for entire project until completion or close-out;

Collect and compile progress and cost data, and develop cost-control worksheets and reports for review by delivery teams; 

Provide cost input to commitment close-out process; 

Review and audit contractor cost control procedures and practices; 

Perform quality assurance on contractor cost-management performance;

Coordinate or develop appropriate internal and external benchmarking and technical limits; 

Coordinate preparation of cost risk analysis;

Review financial data related to accruals, invoice payments, purchase orders and material deliveries and other financial data; 

Provide cost input to and implement the cost element of change management procedure;

Provide cost input to and implement the cost element of risk management plan; 

Link risk process to change process and estimate; 

Coordinate and develop project annual-spend projections, cost reconciliations and variance analyses; 

Assist and prepare cost performance management data; 

Provide interface to other functions and teams to improve processes, resolve conflicting priorities and ensure adherence to best project practices;

Prepare and implement project-wide cost measurement and reporting system, including roll-up levels and reporting cycle calendar; 

Develop and issue various reports to appropriate stakeholders;

Develop project close-out plan; 

Work with accounting function to ensure adequate financial control

  A Bachelor’s degree from accredited Higher Institution in relevant discipline

10 years experience in similar role 

Extensive project control or project management experience; 

Experience with cost management tools; 

Ability to organize and prioritize work and meet deadlines;

Ability to recognize and solve problems;

High level of analytical ability; 

Salary and Benefits 

• Pay/benefits are competitive based on industry standards