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  • Job reference: RMS0110774

Senior Cost Engineer

  • Sector: Oil & Gas
  • Location: Iraq
  • Job type: Contract
  • Date posted: 01/06/2012
  • Time left:
    d h m s
This vacancy has now expired.
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The Company:
Our client is a global group of energy and petrochemicals companies with around 93,000 employees in more than 90 countries and territories. Their innovative approach ensures they are ready to help tackle the challenges of the new energy future.

The Role:
Purpose: To deliver standard, consistent and robust cost management frameworks and procedures to the projects.

Main Activities and Accountabilities:
- Deliver consistent but appropriate cost management structures for the project(s).
- Roll-out of the standard tools and processes, as appropriate for each project stage.
- Contribute to the Development and Implementation of the Project Cost and Schedule Management Plan.
- Implementation and maintenance of cost breakdown structures and their population from the estimate, actuals and forecasts.
- Develop/Maintain the Work Breakdown Structure (WBS) and document Cost Time and Resource (CTR) sheets for phased cost estimates in line with guidance notes for agreement and sign-off by the CTR budget holders.
- Provide project guidance for creation of accurate monthly cost reports, identifying variances from the plan on commitment, value of work done, changes and currency fluctuations against approved Authorities For Expenditure (AFEs).
- Develop and implement the cost trend and change management process. Provide guidance on trend raising, analysis and the assessment of change impacts on cost.
- Develop and implement Earned Value Management process consistently across projects/sub projects.
- Participate in / facilitate peer reviews and other Assurance events.
- Contribute to the development of staff through coaching and training in cost engineering practices, tools and techniques.
- Maintain and promote realism in the cost forecasts in the face of commercial pressure and optimism from project teams.
- Maintain consistency in cost bases through rigorous adherence to the controls processes.
- Drive and raise awareness of the importance of developing the cost management structure in early project phases.
- Set-up and maintain effective interfaces and good working relationships with Contracting & Procurement and Finance teams in the project.

Essential Skills / Qualifications:
- Engineering Degree and/or Certification as a Cost Engineer or equivalent experience.
- Previous industry experience in lead cost engineering positions.
- Excellent analytical, oral and written communication skills
- Experience in managing small teams of junior personnel.
- Fully versed with Cost Control principles and techniques.

Key Competences required:
- Excellent analytical, oral and written communication skills.
- Ability to effectively communicate with different management levels.
- Must be a Team player and self-motivated.
- Ability to handle conflict and challenges with regards to work inputs/outputs and ability to put forward sound arguments in support of decisions and recommendations.
- Ability to work under time pressure within a project environment.
- Ability to actively engage project team members.
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