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  • Job reference: RMS0162075

Project Cost Engineer

  • Sector: Oil & Gas
  • Location: Leatherhead
  • Job type: Contract
  • Date posted: 09/12/2015
  • Time left:
    d h m s
This vacancy has now expired.
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The Role:
Cost Manager Database;
• Prepare and implement company Cost Database, including roll-up levels and reporting cycle calendar.
• Deliver month end VOWD activities
• Lead role in defining and operating system interfaces as well as coordinating the reporting effort.

• Establish Cost Control for all owners costs with the exception of PMT Personnel by implementing and operating the GPO cost control processes.. Includes but not limited to PMT Services, Insurance, HSE
and Capitalised Operations

• Work with budget holders to accurately reflect the scope and forecast of each activity.
• Provide commitment and expenditure control assurance.

• Develop multicurrency cash flows
• Perform spot VoWD Audits
• Liaise with Finance and External auditors at year end.

Cost Manager Database;
• Prepare and implement company Cost Database, including roll-up levels and reporting cycle calendar.
• Manage periodic download of actuals from accounting system and interface to Cost database
• Manage periodic download of Commitments from Maximo and interface to Cost database.
• Facilitate the tracking and reporting of costs against multiple baselines, both annual and full cycle with the cost database.
• Assist in the preparation of the Master Control Estimates.
• Development and maintenance of the WBS and Code of Accounts
• Development and management of MOC's from the Central Cost Group perspective including Budget Transfers.
• Develop and maintain Commitment reporting and AEL vs. MLO
• Assist in the preparation of the Monthly Reporting functions including but not limited to company Internal GFO, AWP&B, Long Term Plans, MCE's, Cost Dashboards, Partner Monthly Reports, Expenditure Phasing Exercises etc.
• Communicate with relevant Budget Holders and all related departments with regard to systems issues and the data held there-in.
• Develop and issue of various reports to appropriate stakeholders including Delivery Teams and Partner monthly reports
• Cost reconciliation between Maximo, SAP and Cost Manager systems
• Creation and maintenance of Report Structure and Templates to meet reporting requirements
• Maintenance of Budget items
• Development of working procedures/guidelines for the various CostManager applications
• Close out of assigned Cost Centre’s at each stage gate
• Prepare cost data for Budget Holders including but not limited to budgets, commitments, VOWD, forecasting, Capex expenditure phasing, monthly project reporting, variance analysis and AEL vs. MLO reporting.
• Utilize latest actuals and progress information to estimate the Value of Work Done (VOWD)
• Incorporate the cost impact of changes and risks in the Current Control Budget and FFC.
• Ensure correct coding of all requisitions, purchase orders, contracts, invoices, estimates, and develop and maintain all required cost logs and registers.
• Ensure all invoice-supporting documentation is readily available for auditing by Partners to facilitate cost recovery.
• Manage Service Work Orders and Direct Costs.
• Identify expected project performance and comparison against performance targets.
• Maintain forecasts and budgets in BP Cost Database.

• Work with delivery teams to prepare a monthly update of currency cash flows utilising data included in KCM and considering typical payment lags and key milestones. Support the project in development of Cash requirements.
• Attend selected VoWD/Accrual reviews and challenge basis of VoWD and subsequent accrual. Review level of accrual based on historical lag.
• At year end support the Regional cost manager and finance in co-ordinating and consolidating responses from cost engineering to regional finance/auditors
• Perform AdHoc activities as required by Regional cost Manager

• Delivery Teams
• Finance
• Budget Holders

• Kildrummy CostMANAGER
• MS Excel

• Competent in project systems and databases
• Communication - Ability to interface with a range of disciplines and nationalities to ensure correct recording of VoWD and currency based forecast in the cost system.
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