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  • Job reference: RMS0132209

Cost Control Engineer Midstream

  • Sector: Oil & Gas
  • Location: Various Sites
  • Job type: Permanent
  • Date posted: 14/10/2013
  • Time left:
    d h m s
This vacancy has now expired.
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The Role:
The position requires a highly skilled / highly motivated candidate due to the nature of a multi billion US$ mega Program involved, the implementation phases of this unique Program
Development will take place in different parts of the world. FEED, engineering, procurement, fabrication, installation, commissioning and start up activities will be carried out by specialized consultants, contractors and fabrication yards worldwide. Therefore, high mobility and international / multi cultural experience in large scale development projects will be key criteria in
qualifying for the roles.

Job Purpose
Will be responsible to provide expert guidance on cost engineering and reporting matters within the Development program. This position will be responsible for the overall integrity and quality of
project cost engineering procedures and status reports and the correct implementation of the Program/Project Services Framework including processes, procedures and Systems at lower levels
of the organization. This role will assure the integration among Contractors at Project Level.

Main responsibilities:
Assure implementation of project procedures and alignment of Project Services Activities to project Level
- Perform quality assurance on the contractor's cost management system, and performance vs. budgets
- Assuring/developing and maintaining all cost reports feeding in cost reporting systems (supported by software tools)
- Implementing and administering the cost control process
- Assuring cost control for both contract and internal costs
- Assuring integration of cost estimates for annual forecasts/budget development and updating as well as the coordination of the Company's Business Planning cycle and portfolio management
- Assuring the overall coordination and timely issuing of Reporting means at different levels of the organization owns

Key activities
The Planning & Control Engineer (Cost) shall at all times be accountable for:
- Cost Breakdown Structure updating according to existing cost estimates and alignment with cost accounting and finance
- Verifying integration and quality of work progress status alignment with cost and assure correct allocation of costs to the right cost elements
- Examining and understanding project scope of work and provide cost engineering input as required, assuring the deployment and implementation of scoping and planning tools (CTRs, CWP,
etc) as cost budgeting and control tool
- Reviewing and audit contractor cost control procedures and practices; contractor's cost management system, and performance vs. budgets.
- Assuring integrity of the Cost Engineering tracking process as: actual costs/expenditures, Valueof- Work Done/Actual, Commitments, and Forecast final Cost
- Maintaining contracts registers highlighting commitment, ceiling, expenditure/actual costs, accruals/value of work done and forecast information
- Preparing the budget starting from the existing cost estimate and the project Cost Breakdown Structure
- Coordinating and/or develop project annual and monthly spend projections, cost reconciliations and variance analysis.
- Coordinating the cost performance management data for reporting.
- Coordinating with project scheduling and analysis engineer in order to match project times and costs
- Assuring the project accounting data feeding into enterprise systems as necessary
- Assuring integration in maintaining adequate contingency management and allocations, carrying out cost risk analysis and supporting contingency rundowns as necessary
- Assuring expenditure phasing has been performed according to plans and schedules by each Cost Engineer by each department
- Collecting information necessary for project/phases close-out
- Providing services including assistance during contract preparation, bid evaluation, contract administration and verification of contractual payments
- Providing overall reporting at all levels creating specific reports to Top Management, Project
Team, Partners, etc as well as assuring quality of data integration
- Assuring quality and overall coordination of Co

Essential Skills / Qualifications:
University degree in University degree in Engineering. Master degree will be an advance for leader
PMI, AACEI or ACoste certification will be an advance
Training and
- Management skills advanced course
- Project management advanced course
- Engineering
- Fluent knowledge of English
- Additional Language is an advantage
- 10 years of Oil & Gas Industry experience
- 7 years of direct project service experience

Desirable Skills / Qualifications:
The ideal candidate will have a vast experience in upstream and midstream Oil & Gas
development projects with particular previous experience in offshore gas developments, subsea
and onshore pipelines, LNG plans and / or Floating Production Units, Downstream experience may
be as well considered
- Mixed experience in early phases of project development (FEL, conceptual, FEED) with exposure
with Execution environment and Project services practices apply to each stage of the project life
- Experience with Primavera, MS Project or scheduling tools as well as databases and Excel
- Experienced working with an Owner organization will be a plus but not mandatory
- The candidate will be a team player with excellent communication skills
- The candidate will have a friendly multi-cultural attitude
- Excellent written, spoken and conversational English. Other languages are of a great advantage
- High mobility and flexibility to relocate
- Adaptability to changing priorities.
- S
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