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  • Job reference: RMS0214284

Cost manager

  • Sector: Power & Energy
  • Location: London
  • Job type: Permanent
  • Date posted: 23/07/2019
  • Duration: permanent
  • Time left:
    d h m s
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The Role:
Cost Manager
London - Reading/ Europe - Belgium
Chemical Sector
Purpose of the job
The Project Cost Manager will provide the cost engineering management services to control the cost of the overall investment program at the end of the construction.
The project cost baselines are controlled throughout the entire lifecycle of the projects from FEED to start up. Internal factors influencing the job are regular & transparent communication of project cost at completion, integration of multiple projects costs, forecasting cash flow needs & creation of procedures or work processes to control cost. Important external factors are financing institutions requests, EPC contractors and sub-contractors and project management contractor doing cost control
* Ensure that all costs incurred are included in the total project cost.
* Collect data on spending and commitments, post them against estimated values, and make a forecast for that particular item of the cost estimate.
* Monitor, forecast deviations and report status of these budgets in a timely manner throughout the projects.
* Roll up costs up to the program level.
* Play a key role in the technical management of all contractors and sub-contractors activities who are responsible in the achievement of the program objectives for cost tracking.
* Oversee the cost control services provided by the Project Management Contractor (PMC).
* Ensure that cost risk analysis is performed and applied to forecasting activities
* Ensures all proposed change requests receive cost impact assessments beginning with FEED project phase.
* Support the auditing efforts by the banker's engineers chartered by the external financing institutions.
* A Bachelor degree in a technical discipline, or equivalent, is preferred but not mandatory, anyhow there is need to share a common understanding, based on "scientific principles and techniques", with the engineering function.
* A minimum of 15 years' experience in a process industry production and/or engineering environment with large (>$100MM) capital project management experience.
* Thorough working knowledge of Project Controls practices.
* This job will require travel to the PMC's office for work with the owner Team and the PMC, and then to Antwerp during the construction and start-up of the facilities

Technical skills
* Good understanding of chemical engineering and chemical plant operations and project engineering, quantity surveying.
* Good financial skills: cost classification, cost type, cost accounting, project performance measurement, forecasting, project change management, asset
* Good working knowledge of cost management tool like EcoSys & SAP PS

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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