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  • Job reference: RMS0098842

Lead Cost Engineer

  • Sector: Engineering
  • Location: Houston
  • Job type: Contract
  • Date posted: 17/08/2011
  • Time left:
    d h m s
This vacancy has now expired.
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The Role:
The Role:
Lead Cost Engineer
Houston, TX
Employee Type:
Contractor or Perm

Position Description:

•Experience in earned value management
•Knowledge of Oracle Financial and Eco Systems is a plus
•Update Budget CTR's for client PAF approval process
•Build client cost reporting system
•Create client CBS & WBS structure
•Review project contractual procedure
•Interface directly with client regarding project controls issues and procedures and project risk analysis management review
•Interface with project planner and scheduler
•Estimate group billing department, project engineers and project managers
•Track project commitments, change management report and issuing monthly client project cost report, efficiency index, manpower curves and budget histogram
•Track discipline charge code and reporting cash projection to the client
•Updated Monthly project management report, change order, cost of sales, Gross Margin and profit
•Project management meetings and Quantity take off
•Track committed, purchase order, spent man-hour, forecast project completion, budget trending
•Revenue adjustment, compared gross margin to revenue, invoices received and cost trend
•Information and data gathering, input and manipulation for interim cost and revenue analysis, including forecast results, Gross Margin, Cost Of Sales, Committed Cost and budgets
•Information and data gathering from the accounting system (revenue, cost and man-hours), input and manipulation for analysis for interim cost, revenue and TIC Estimate Tracking
•Client reports preparation when applicable
•Experience in Lump Sum Project, Reimbursable project and Cost plus
•Track Vendors and suppliers commitments, invoices, Client payments
and assisting A/R and A/P on invoice reconciliation
•Experience in Billing backup assembly and preparation for submission in compliance with the contracts
•Experience in setting up Projects within WBS and PLC Guidelines for better tracking and assist on project
•Experience with Audits with preparation of necessary documentation
•Reconciliation with Accounting, monitoring of the cash flows and currency position. Also assisting and research Purchase order generated by Procurement and tracking any change orders
•Change request development and submission in coordination with contract engineer (includes the development of unit rates when required)
•Preparation of the PMR for review with Project Manager and corporate management during the monthly project reviews (and attendance of the same)
•Duty of alert and reporting of any significant movement expected in the forecast, Analyze P.O Order and Requisition.

Essential Skills / Qualifications:
Essential Skills / Qualifications:
Four year degree
15 plus years of experience
Onshore/Offshore experience
Oracle financial experience
ECO systems
Subsea experience
Installation experience
Must be a US Citizen
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