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  • Job reference: RMS0112217

Cost Engineer III

  • Sector: Oil & Gas
  • Location: Houston
  • Job type: Contract
  • Date posted: 18/06/2012
  • Time left:
    d h m s
This vacancy has now expired.
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The Company:
Our major oil and gas operator is seeking a Cost Engineer III for a 1 ½ year opportunity in West Houston.

The Role:

• Adhere to the segment financial, business and project processes
• Address issues pertaining to project cost control procedures
• Coordinate development and implementation of project work breakdown structure (WBS) / cost breakdown structure (CBS) in concert with Project Manager and/or Project Engineer
Coordinate, review and develop appropriate control budgets consistent with project estimate and WBS / CBS
• Implement and monitor costs within each project stage and for entire project until completion or close-out
• 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
• Coordinate and develop project Value of Work Done (VoWD), commitment and estimate at complete (EAC) forecasts
• Coordinate and develop project annual-spend projections, cost reconciliations and variance analyses
• Prepare project authorization for expenditure (AFE) in concert with Project Manager 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;
• Advise project team on cost control issues
• Review project schedules
• Direct contractors on Company requirements for cost control & reporting
• Periodically audit contractor progress reporting, forecasting

Essential Skills / Qualifications:
Project control or project management experience on turnarounds, large projects, construction activities
Ability to organize and prioritize work and meet deadlines;
Ability to recognize and solve problems
Analytical ability
Bachelor's degree
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