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  • Job reference: RMS0215912

Senior Cost Engineer

  • Sector: Oil & Gas
  • Location: Aberdeen
  • Job type: Permanent
  • Date posted: 28/08/2019
  • Duration: ongoing permanent
  • Time left:
    d h m s
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My client is looking to recruit a Senior Cost Engineer where you will lead cost control support to the well operations team within the business, whilst also managing a team. It is functionally responsible for supporting / reporting and standardising the wells finance function across all regions (UK/NL / Norway).


The successful candidate will:

* Implement and maintain a complete Well cost accounting control procedure and AFE/high level budget procedures.
* Create individual Well budgets/AFEs estimates in conjunction with Drilling engineers and Asset Subsurface teams.
* Have monthly overview and review of issue with Wells manager and Well operations manager
* Have the ability to constructively challenge and guide the drilling teams with regard to costs
* Ensure estimated final well cost is within accurate amount to actual well cost.
* Ensure that cost commitment and forecast expenditure is being reviewed and reported daily during Drilling Operations and ensuring that all information is accurate and correctly input.
* Provide cross regional support ensuring standardised process and adherence to Wells finance procedures and reporting guidelines.
* Get involved in the wells QRA process becoming a superuser for the system. Write procedures and implement controls
* Work and manage external companies when activities are outsourced ensuring they adhere to company standards and guidelines
* Provide support to the Business Finance Planning and Reporting team
* Develop/Train and mentor assistant drilling accountants
* Provide finance support in the area of JV audit process for wells; Well Contract compliance implementation and maintenance; Completion of Well Reconciliation's ensuring that any variances are identified, investigated and resolved.
* Maintenance throughout the year of a consolidated view of actual and planned investment spend


We are looking for candidates with demonstrable technical accounting skills and has a track record of analytical excellence in support of key business decisions. As well as;

* Demonstrated business-facing finance functional expertise
* Preferred experience within a Wells and Drilling Department
* Key focus on delivery, accuracy and timeliness
* ACCA or CIMA qualified

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