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  • Job reference: RMS0096489

Lead Cost Engineer

  • Sector: Oil & Gas
  • Location: Aberdeen
  • Job type: Contract
  • Date posted: 13/07/2011
This vacancy has now been filled.

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Job Title: Lead Cost Engineer
Job Location: Aberdeen
Rate/Salary: Competitive
Duration: On-Going
Residency: UK

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:
• Managing Cost Department and ensuring that all tasks have been assigned on a daily basis.
• Managing, Training and Supporting the Business Services Graduates.
• Managing, Training and Supporting junior members of the Cost Department.
• Understand the corporate and contract specific cost procedures and carry out all work in accordance with these.
• Study and understand all relevant project documents relating to the cost management of allocated project(s).
• Work with all relevant project and discipline personnel to ensure that cost control procedures are in place.
• Setting up project/projects within Computerised Cost System to agreed format.
• Establishing project control budgets based on the client approved Project Control Estimate.
• Assisting Project Management in identifying and gaining approval of Estimates/ Change Requests.
• Ensure that cost commitment and expenditure information (for all cost elements) is being reviewed and input to the computerised cost control and reporting system on a weekly basis and ensuring that all information is accurate and correctly input.
• 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.
• Ensure that comprehensive accessible registers are maintained of financial approvals, variations and change orders.
• Project manhours and the allocation of manhours are reviewed in conjunction with Planning on a weekly basis.
• Liaising with the finance department with regards to establishing monthly evaluation of work done, goods received and services rendered for invoice preparation and verification.
• Ensure that all cost related work is in compliance with the contract.
• All rates are maintained within Computerised Cost System and up to date and all rate uplifts are implemented. Advise Project Management of additional costs involved and assist in obtaining additional approval from client.
• Check that all estimates meet contract requirements and all relevant cost information is fed back to the estimates.
• When Project specific Cost Procedures are in place ensure they have been implemented in full.
• Maintain a good working knowledge of relevant corporate cost software.
• Ensure that adequate control of commitment is in place.
• Supervise and encourage less senior personnel, including checking their work where and when required.
• Train and encourage business services graduates in the completion of their cost learning objectives
• Participate in schedule risk analysis as required
• Ensure that the Corporate and Project Specific Change Control procedures are being adhered to.
• Report and measure how the change control effort is impacting on the project.
• Continually advise and train Project Engineering and Management on impact of Change Control on their project.
• And any other duties appropriate to this position
• Maintain a clean and tidy work area
• Become aware of and adhere to all Health and Safety Guidelines

Essential Skills / Qualifications:
• Degree or HNC with equivalent experience
• Good general understanding of Cost Management, Estimating and Change Control
• Considerable experience in a project controls role
• High degree of computer literacy
• Skilled in the supervision of project controls personnel

Desirable Skills / Qualifications:
• Articulate with good verbal and written communication skills.
• Team player who can input to the resolution of problems
• Strong commercial focus.

About Fircroft:
Fircroft is a leading provider of technical recruitment solutions to a number of specialist industries, active in over 30 countries worldwide. Our key sectors include: Oil & Gas, Petrochemicals & Process, Automotive & Aerospace, Nuclear & Power, Mining & Minerals and General Engineering.

For further information or to discuss any opportunities, please contact Euan Thomas at Fircroft on + 44 1224 216090
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