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  • Job reference: RMS0094985

Cost Analyst

  • Sector: Oil & Gas
  • Location: Aberdeen
  • Job type: Contract
  • Date posted: 24/06/2011
We're sorry this position has now been filled.

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Job Title: Cost Analyst
Job Location: Aberdeen
Rate/Salary: Negotiable
Duration: Ongoing
Residency: Aberdeen

The Role:
Safety - Conducts all activities in a safe and effective manner and raises safety and environmental issues immediately and in line with corporate policy

Leadership - Undertakes the role in line with corporate policy and demonstrates behaviours in line with Nexen’s values at all times. Readily accepts accountability

Financial - Carries out duties in a way that maximises value and minimises waste and risk.

Collaboration - Collaborates with others in the team and looks for opportunities to leverage their network and work with others to develop safe, practical and effective solutions

Continuous Improvement & Innovation - Continuously develops ways of working by seeking feedback from colleagues and key stakeholders. Complies with Nexen project management disciplines, effectively utilises knowledge databases and actively participates in project reviews

Capability Development - Looks for opportunities to develop technical and personal skills both by formal learning interventions and work experience. Coaches team colleagues where appropriate and demonstrates a personal commitment to lifelong learning

People Processes - Engages with people processes in a positive and timely manner. Demonstrates a commitment to the spirit of such processes.


- Develop and prepare Monthly Maintenance Reports that help the business understand and control maintenance spend.

- For maintenance spend assist in the budget preparation by creation of templates and coordinating partner and corporate budgets to meet set deadlines. Assist in the preparation and presentation of budget material for internal and partner review.

- Hold regular meetings with Budget Holders in order to help them better understand, manage and control their budgets; provide accurate VOWD/Reforecasts.

- Responsible for ensuring the ledger reflects the correct position for maintenance spend and the accruals ; recodes and allocations are done in a timely and accurate manner

- Provide cover for other team members within the Producing Ops group during vacation and short term project work.

- Liaise with other departments to ensure they have a thorough understanding of the business processes as they relate to their area of responsibility. Develop strong working relationship with all members of the asset team, representing financial matters in this sphere of activity.

- Support various initiatives, specifically in relation to issues affecting area of responsibility.

- Identify areas for improvement and concern.

- Provide support and guidance to Assistant Asset Accountant

- Ad-hoc - duties as requested by the Producing Operations - Accounting Lead

Essential Skills / Qualifications:
•Ability to perform a critical review of financial information
•Oil industry experience essential.
•Experience of accounting for Joint venture & Operations accounting preferred
•Experience of preparing Management reporting in a timely accurate manner
•Experience of budgeting for Field assets
•Excellent systems skills required - SAP experience preferred
•Good communication skills (both interpersonal and written)

About Fircroft:
Fircroft is a leading provider of technical recruitment solutions to a number of specialist industries, active in over 30 countries worldwide. Our key sectors include: Oil & Gas, Petrochemicals & Process, Automotive & Aerospace, Nuclear & Power, Mining & Minerals and General Engineering.

For further information or to discuss any opportunities, please contact Rachel Nicol at Fircroft on + 44 1224 216090
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