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  • Job reference: RMS0158376

Cost Analyst

  • Sector: Oil & Gas
  • Location: Iraq
  • Job type: Contract
  • Date posted: 25/06/2015
  • Time left:
    d h m s
This vacancy has now expired.
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The Role:
The Cost Analyst will play a key role in delivering a complete suite of cost-control services, analysis and financial support for the Operation and Finance departments.
• Manage department cost control strategy, plans and procedures, reflecting both the client and contractor roles and responsibilities;
• Adhere to the financial, business and project processes;
• Address issues pertaining to projects cost control procedures;
• Collect and compile progress and cost data, and develop cost-control worksheets and reports for review by delivery teams;
• Provide cost input to commitment close-out process;
• Review and audit contractor cost control procedures and practices;
• Perform quality assurance on contractor cost-management performance;
• Review financial data related to accruals, invoice payments, purchase orders and material deliveries and other financial data;
• Prepare monthly Value of the Work Done reports;
• Provide cost input to and implement the cost element of change management procedure
• Coordinate and develop project annual-spend projections, cost reconciliations and variance analyses;
• Prepare project authorization for expenditure (AFE) in concert with the Operations Department management and monitor AFE approval process;
• Assist and prepare cost performance management data;
• Provide interface to other functions and teams to improve processes, resolve conflicting priorities and ensure adherence to best project practices;
• Work with Finance function to ensure implemented processes conform to internal control requirements;
• Develop and issue various reports to appropriate stakeholders;
• Work with the department management or Financial Controller and accounting function to ensure adequate financial controls.
To be considered for the role of Cost Analyst, applicants must have the following experience/ qualifications:
• Extensive project cost control or project financial management experience on large scale projects;
• Experience of working with cost management tools;
• Ability to organize and prioritize work and meet deadlines;
• Ability to recognize and solve problems;
• Great communication skills and ability to communicate with all levels of the business;
• Ability to work on multiple projects simultaneously;
• Analytical ability;

Essential Skills / Qualifications:
PREFERRED QUALIFICATIONS- Arabic language skills are desirable, but not required.
EDUCATION: Minimum of a bachelor’s degree required
CERTIFICATIONS: None specified
LANGUAGES: English fluency required Intermediate level professional position requiring a Bachelor’s degree and experience unless otherwise noted.
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