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  • Job reference: RMS0202791

Senior Cost Engineer

  • Sector: Oil & Gas
  • Location: Aberdeen
  • Job type: Contract
  • Date posted: 21/11/2018
  • Duration: 12 months
This vacancy has now expired.
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The Role:
This position is responsible for supporting Project Management in the delivery of standard, consistent and robust project cost management to projects within the Projects Group. The role covers cost estimating, budget preparation, detailed cost tracking, forecasting, reporting and project closeout activities. The role requires close working with the project teams and counterparts in the various Contractors organisations. The role will support major development projects, brownfield projects and decommissioning projects.

* Deliver, maintain and manage robust cost management frameworks, procedures and tools
* Prepare and maintain cost estimates ranging from class 5 to class 2 and prepare basis of estimate documentation
* Create and maintain a database of costs and norms for estimating purposes and future benchmarking
* Compile project budgets, support Corporate and Joint Venture budgeting requirements and prepare project financial approvals (AFE's) as and when required
* Track, monitor and accurately report project commitments, value of work done (VOWD) and forecast costs
* Provide accurate monthly reporting and input into overall project and wider business reporting cycles
* Support project change control, reviewing scope changes, assessing impacts of project costs and managing contingency and allowance provisions
* Ensure all project requisitions and invoiced costs are valid and coded correctly
* Provide monthly project accruals
* Analyze cost trends to offer early warnings to Project Management
* Support the project risk review / probabilistic analysis as necessary
* Interface with and build strong working relationships between the various Company Business Groups and all counterparts in Contractor organisations
* Maintenance of audit trail on all project costs and participate in project audits as and when required
* Maintain cost management system and appropriate databases
* Prepare for and contribute to project reviews
* Support in other project control tasks as required.
* Support department monthly reporting and strategic goals
* Actively participate in HSEQ strategy to ensure expectations for the Project Team are met

Essential Skills / Qualifications:
* Educated to a degree or equivalent in an appropriate discipline (preferred)
* Experience in cost engineering role supporting major E&P development projects (essential)
* Extensive working knowledge of project cost management - cost estimating principles, WBS structures, budgets, allocations, commitments, VOWD, forecasts and estimated final costs
* Track record of continuous professional development
* Ability to work pro-actively under own initiative with minimum supervision.

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.

Fircroft is registered as a Data Controller with the Information Commissioner as required under the General Data Protection Regulation 2016/679. Fircroft will only process your personal data for the specific purposes of managing your application.

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