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  • Job reference: RMS0131191

Cost Engineer-4 (2654578)

  • Sector: Oil & Gas
  • Location: Houston
  • Job type: Contract
  • Date posted: 11/09/2013
  • Time left:
    d h m s
    (18/09/13)
This vacancy has now expired.
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The Company:
Major Oil & Gas Client

The Role:
Travel: Some travel required to Louisiana 25-30%

The successful candidate will join an existing Project Service Team and support 1 to 2 projects within the portfolio under execution. This position will report to a Lead Cost Engineer.

To contribute to delivery of standard, consistent and robust cost management frameworks and procedures to projects.
Deliver consistent but appropriate cost management structures for medium-size, stand-alone projects.
Roll-out of the emerging Company standard tools and processes, as appropriate for each project's life cycle development & execution phase.
Support delivery of cost management solutions for major, complex projects.
Support the development of project cost breakdown structures (CBS) and their population from the estimate.
Prepare Work Breakdown Structure (WBS) and documented Cost Time and Resource (CTR) sheets for phased cost estimates in line with the Company guidance notes for agreement and sign-off by the CTR budget holders.
Generate accurate monthly cost reports, highlighting variances from the plan on commitment, value of work done, management of changes and currency fluctuations against approved Authorities For Expenditure (AFEs).
Contribute to the change management process for projects.
Analyse trends and the highlight potential impacts of changes on cost.
Assist in peer reviews and other Assurance events.
Maintain and promote realism in the cost forecasts in the face of commercial pressure and optimism from project teams.
Maintain consistency in cost bases through rigorous adherence to the controls processes.
Raise awareness of the importance of developing the cost management structure in early project phases.

Essential Skills / Qualifications:
Engineering Degree and/or Certification as a Cost Engineer or equivalent experience.
Minimum 8 years industry experience in cost engineering positions.
Excellent analytical, oral and written communication skills.
Fully versed with Cost Control principles and techniques.
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