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  • Job reference: RMS0215868

Cost Engineer

  • Sector: Oil & Gas
  • Location: Houston, Texas
  • Job type: Contract
  • Date posted: 28/08/2019
  • Duration: 12 months
  • Time left:
    d h m s
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The Role:

Our team is seeking a driven, resourceful and dynamic individual to support cost management for all our US projects through all stages of the project lifecycle.
Reporting to the Project Controls Lead, Cost Analyst / Engineer will act as a central point of contact with our project accounting and project management groups for all activities relating to cost management. The successful individual will possess demonstrated analytical capabilities to include a proven track record of managing large amounts of data in a dynamic environment.
This individual must be a solid facilitator, capable of working with minimal supervision, who possesses strategic decision making, problem solving, organizational and written/verbal communication skills.
The Cost Analyst will interface with Project Managers and our Accounting team on a regular basis to understand the status of projects and facilitate accounting support. Responsibilities include:
Project Cost Management:
* Documentation of CTRs as record of approved costs
* Project cost setup (interfacing with accounting)
* Management of WBS / NWA structures: Responsible for maintaining the Project WBS/cost codes/SAP network activities. Updates SAP with updated codes as required
* Mapping cost estimates to project WBS / NWA structures, collaborating with estimators and project manager
* Maintains project incurred costs and forecasts in SAP, escalating to Project Manager if any of the costs are beyond or are approaching approved values
* Prepare project cost reports, assuming responsibility for overall accuracy, completeness and timeliness
* Responsible for year-end project accruals
* Cost analyses and involvement with cost risk ranging and risk trigger events to manage and track contingencies
* Cost trending and MOC processes
* Forecast Analysis - identification of change relative to control estimates and approved forecast
* Development and management of staffing plans as input / basis for estimates

* Purchase Orders and Invoices:

o Timely creation of requisitions in SAP (for service POs and materials), ensuring alignment to WBS
o Timely and accurate receipt of incurred costs into SAP
o Efficient attestation and approval of invoices and reconciliation with receipts
* Provide support for evaluation, accounting and financial analyses, as required
* Manages OM&A budget
* Other SAP support as required
* Other ad hoc analysis as required


* Proven proficiency with SAP and Excel
* Proficiency in SharePoint and MS Office
* Strong analytical skills
* Ability to synthesize large amount of data into meaningful information for projects
* Good interpersonal skills, building trust and good communication skills between Accounting and project teams.
* Resourceful and strong self-starter with an ability to drive results
* Strong organizational skills
* Good attention to detail
* Ability to work within a team environment, take direction from a variety of sources, respond to the needs of diverse stakeholders, and take assertive leadership when required.

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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