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  • Job reference: RMS0161716

Project Cost Engineer

  • Sector: Oil & Gas
  • Location: Baku
  • Job type: Contract
  • Date posted: 05/02/2016
  • Time left:
    d h m s
This vacancy has now expired.
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The Role:
Only candidates who already have the rights to work in Azerbaijan will be considered for this role

To work with the team of cost engineers within delivery team supporting the various infrastructure, fabrication, installation and commissioning areas ensuring timely and high quality delivery against the following cost engineering activities as required:

• Demonstrate HSE leadership by actively engaging the clients site team and construction contractors with actions that contribute to delivering on client’s HSE expectations

Plans & Procedures
• Assist in development of project cost control procedures based on standard Cost Engineering Procedure and reflecting both client's and contractor roles and responsibilities.
• Ensure compliance with financial, business and project processes.

Cost Control
• Review and verify contractor's monthly valuations, ensure that Payment Certificates issued to Contractor and invoices paid on time.
• Review and verify the contractors monthly report (including verification of lump sums and labour reports)
• Work with cost control tools including WBS, client's Cost Database System (the client's version of Kildrummy® CostMANAGER), Backbone/GFT.
• Correct coding of all requisitions, purchase orders, contracts, invoices, estimates, and ensuring these are updated and maintained in the client's Cost Database.
• Prepare and review monthly VOWD forecasts for sign-off by Budget Holder.
• Ensure budget transfers are correctly managed and approved
• Provide cost input to commitment and contract closeout process

Interfaces with PSCM
• Work with the Project Controller and Finance function to ensure adequate financial controls.
• Reconcile costs between the ledger (SAP) and the client's Cost Database (KCM).
• Ensure all invoice-supporting documentation is readily available for auditing by client's and partners to facilitate cost recovery.
• Support audits of the cost control procedures and activities (internal and external)
• Review and approve PAAFs in conjunction with PSCM. Monitor PMT levels against PAAF register and Contract.

• Understand the build up of the project estimate and the associated internal and external benchmarking/technical limits.

Project Management of Change
• Provide cost input to and implement the cost element of project management of change procedure.
• Incorporate output from the Management of Change process into cost reports and capex phasing; Ensure that delivery team cost reports reflect the correct value for approved changes and that the Forecast Final Cost is equivalent to the original estimate plus the sum of all changes.
• Participate in assessment of Variation Order Requests (VORs)
• Code approved Variation Orders (VO’s)

• Prepare and implement client's Cost Database, including roll-up levels and reporting cycle calendar
• Support Cost Lead to provide accurate cost information to the Construction Manager and Project General Manager (PGM) – provide clarity from complexity
• Provide cost input to monthly reports, dashboards, GPO and partner reports as required
• Respond to requests for data (e.g., GFO), data analysis, tools, presentation materials (e.g., QPR), etc.
• Assist with development of Project Closeout Plan.

Demonstrable track record of experience and accountabilities, relevant to the job description described herein, gained on similar large-scale offshore oil & gas projects:
• Substantial experience interfacing and working together with owner and contractor project services personnel
• Significant experience working with internationally-based contractors
• Substantial experience closely aligned with job responsibilities
• Experience with reviewing contractors monthly application for payment and forecasting future cost performance based on existing trends
• Prior construction or M&S -related cost engineering experience

Essential Skills / Qualifications:
• Higher National Certificate/ Higher National Diploma (HNC/ HND) or equivalent

Desirable Skills / Qualifications:
• Degree in Science, Engineering or similar discipline (e.g. Quantity Surveying) or equivalent
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