Accessibility Links
  • Job reference: RMS0108232

Cost Engineer

  • Sector: Oil & Gas
  • Location: Aberdeen
  • Job type: Contract
  • Date posted: 27/06/2012
  • Time left:
    d h m s
This vacancy has now expired.
Send jobs like this to my email    What's this?
The Company:
Our Client appears in the FTSE 100 index and is an international energy services company specializing in Oil and Gas and has annual revenues of over £2.6 billion. They believe that it is the people that drive their success, from Project Managers, Project Engineers, consultants to designers and commercial personnel. They work globally employing over 20,000 people on major operations including the UK.

The Role:
o Understand the corporate and contract specific cost procedures and carry out all work in accordance with these.
o Study and understand all relevant project documents relating to the cost management of allocated project(s).
o Work with all relevant project and discipline personnel to ensure that cost control procedures are in place.
o Assist in setting up project/projects within Computerised Cost System to agreed format.
o Assist in establishing project control budgets based on the client approved Project Control Estimate.
o Assisting Project Management in identifying and gaining approval of Estimates/ Change Requests.
o Reviewing cost commitment and expenditure information (for all cost elements), for input to the computerised cost control and reporting system on a weekly basis and ensuring that all information received is accurate and correctly input.
o Producing regular cost reports and advising management of any forecast cost overruns as soon as possible to allow corrective actions to be taken in a timely manner. Highlighting area's of concern and suggesting area's of improvement.
o Maintaining comprehensive accessible registers of financial approvals, variations and change orders.
o Review project man-hours and the allocation of man-hours in conjunction with Planning on a weekly basis.
o Liaising with the finance department with regards to establishing monthly evaluation of work done, goods received and services rendered for invoice preparation and verification.
o Ensure that all cost related work is in compliance with the contract.
o Maintain rates within Computerised Cost System ensuring they are up to date and all rate uplifts are implemented.
o Maintain a good working knowledge of relevant corporate cost software.
o Ensure that adequate control of commitment is in place.
o Support senior and lead cost personnel as appropriate.
o Supervise junior and assistant personnel, including checking their work
o Assist in the training of business services graduates in the completion of their cost learning objectives.
o Liaise with other disciplines in the control and forecasting of budgets and ensuring that all scopes including change requests are included.
o Participate in schedule risk analysis as required
o Ensure that the Corporate and Project Specific Change Control procedures are being adhered to.
o Assist Cost Department on reporting how the change control effort is impacting on the project.
o And any other duties appropriate to this position.

Supervisory and Managerial Duties:
• Assigning tasks to junior and assistant on a daily basis.
• Assisting in the Training of the Business Services Graduates.

Essential Skills / Qualifications:
• HNC or equivalent experience.
• Good general understanding of Cost Management, Estimating and Change.
• Awareness of the work undertaken in a Junior / Cost Assistant Role or similar.
• High degree of computer literacy.
Similar jobs
Joaquin Vicente
Logistics and Infrastructure Manager Location London Duration long term The Role: The incumbent will be responsible for proactively...
Joanna Milne
Vendor Coordinator Location Aberdeen Duration 9 months The Role: Coordination of vendor service personnel for...

Back to Top

By clicking "Save" you consent to
receiving matching jobs based on the
job/page you are viewing by email from
Fircroft, as detailed in our privacy policy
Fircroft would like to keep you up to date with our current vacancies and latest company updates via email. Occasionally Fircrofts marketing may contain 3rd party or affiliate information, however we will not share your personal data with any 3rd parties without your consent. From time to time, we might contact you to get your views on the service you have received. To help you get the best out of Fircroft, we may personalise them based on your location and how you use
Fircroft would like to keep you up to date with the latest company updates and vacancies via SMS / Text messages
Your consent options above means that Fircroft cannot contact you about any new or alternative career vacancies. If you want Fircroft to only contact you about the role(s) you have applied for please continue, however if you would like to be considered for other positions please allow us to contact you by changing one or more of the above consent.