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  • Job reference: RMS0193012

Cost Engneer

  • Sector: Oil & Gas
  • Location: Preston, Lancashire
  • Job type: Permanent
  • Date posted: 13/04/2018
  • Duration: permenent
  • Time left:
    d h m s
    (11/05/18)
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The Role:
Project Initiation
* Provide support / input to the development of the Project Control Planning (e.g. WBS) / formulating the Project Financial Baseline.
Project Implementation
* Accountable for day-to-day collection of all project cost / financial information.
* Generating and reporting regular project financial data such as spend profiles, budgeted and earned values, forecasts, completion costs etc.
* Responsible for the execution of cost management process.
* Input or update budget information, expenditure information, and forecasts into the cost reporting system(s).
* Responsible for collation, management and analysis of all project variances.
* Assist the Project with client invoices for progress payments, final payments, and release of retainage.
* Prepare / collate inputs into the weekly and monthly reporting on cost flow forecast, cash flow forecast and cost value reporting.
* Involvement in the development of Bottom Up Forecasts
* Provide project financial data to weekly project team meetings
* Assist in assigning personnel to each project work package in-line with WBS.
* Prepare and assist the Project(s) in the preparation of Change Proposal / EWN estimates.
* Collaborate with Project Managers and other Project related personnel to ensure that all costs are accounted for.
* Assistance in raising Contractual variation and Compensation Event Notices.
* Monitor contingency usage in-line with risk trigger / retirement dates and mitigation strategies / activities.
Project Close-out
* Assistance in cost elements of contract close-out / account settlements and closure review meetings.

The Company:
Our client has been established for over 20 years locally and is focused on delivering design solutions to the nuclear industry, specialising in the design of mechanical handling plant and equipment, the design and installation of plant control systems and the provision of support to plant safety reviews.

Essential Skills / Qualifications:
* Minimum of five GCSEs.
* UK driving licence.
* Cost Planning experience
* Earned Value Management experience
* Numerate and competent with financial concepts, cost tracking and reporting.
* Highly orderly, methodical and process driven.
* Good written and oral communication skills.
* Good general office computer skills.

About Fircroft:
Fircroft has been placing people in specialist technical industries for approaching half a century, focusing on mid to senior level engineers for contract and permanent roles worldwide. By applying for this job you give consent for Fircroft to contact you, via email & telephone, to discuss your application along with future positions and Fircroft's services.

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