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  • Job reference: RMS0121686

Cost Analyst

  • Sector: Engineering
  • Location: Aberdeen
  • Job type: Contract
  • Date posted: 25/02/2013
  • Time left:
    d h m s
    (04/03/13)
This vacancy has now expired.
The Company:
Our Client is one of the world's largest Oil and Gas companies. Their operations cover the entire energy chain, including oil exploration and production to trading, shipping and refining and marketing of petroleum products, as well as chemicals. Our Client has operations in over 130 countries and has more than 95,000 employees worldwide.

The Role:
•Responsible for the preparation of budgets and forecasts ensuring that appropriate levels of costs are included and be prepared to challenge cost estimates where appropriate.
•Analyse actual costs and forecast expenditure as directed and provide details on variances between budget and previous forecast.
•Assist in the preparation of Contracts and provide challenge to the commercial and reimbursable terms.
•Responsible for AFE control and reporting
•Review cost allocation & charge-back mechanisms periodically, in conjunction with customers to ensure these remain equitable in a changing business environment.
•Responsible for the management of the Project Organisation Costs; allocation and monitoring under/over recovery.
•Responsible for the management of minor Contracts (less than £100m) as delegated; providing contract compliance and cost control to the Contract Managers
•Regular reviews with the Project Control Manager of the Project Manpower Headcount and Forecasts; liaising with HR and Package mangers to revise and update Organisation Budgets, including the direct contracted personnel within each package :comparing forecast expenditure against budget, highlighting anomalies, whilst helping promote cost consciousness
•Work proactively with peers within the department to ensure that data sent from the department is validated, timely and approved by the relevant personnel and in turn that data used from external departments is approved by the relevant authority in those areas.
•Responsible for providing back up to the Cost Administrators with Contract Representatives for amendments to commitments as and when required.
•Progress invoice approval with technical and financial authorities
•Ensure correct coding is applied to all cost commitments
•Provide support in each of the areas within Cost Control as required
•Assisting in the preparation of departmental budgets and review of the Budgets for the Packages as delegated by the Senior Cost Controller
•Cost reporting and analysis.
•Providing financial information and support to management

Essential Skills / Qualifications:
•Graduate with relevant experience in the oil/gas industry
•Detailed understanding of costing and commercial awareness
•General understanding of the Production and Maintenance functions within the oil/gas industry
•General understanding of the oil and gas industry
•Analytical skills with a knowledge of financial analysis techniques and economic measures
•Computer literate, with experience of SAP, Excel and PowerPoint)
•Strong presentation and negotiation skills
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