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  • Job reference: RMS0119382

Topsides Cost Engineer

  • Sector: Oil & Gas
  • Location: St. John's, Newfoundland
  • Job type: Contract
  • Date posted: 14/12/2012
  • Time left:
    d h m s
    (21/12/12)
This vacancy has now expired.
The Company:
Our client, a major owner/operating company, seeks expertise for offshore mega-projects in Canada.

This opportunity is open to Canadian Citizens and Permanent Residents only. First consideration will be given to residents of Newfoundland & Labrador.

The Role:
The Cost Engineer is responsible for all aspects of the EPC contractor and subcontractors project cost control and reporting, including project change management, estimate development, and cost control.

Responsibilities and duties:
1. Provide overall project cost, estimating, and change management leadership and expertise
• Participate in kick-off meetings with the EPC contractor and subcontractors PMT to ensure common understanding of cost, estimating, and change management requirements
• Conduct briefing sessions for project team members with respect to project cost control requirements and processes
• Cooperate with independent project review teams and post audit activities with respect to project services functions
• Participate in gathering and recording lessons learned for the project
• Develop Project Cost Flows to assist Accounting in cash management
• Champion cost stewardship process across entire organization

2. Supporting PMT and Cost Stewards with ongoing project cost analysis, reporting, forecasting, budgeting and Change Management.
• Develop and document Control Estimates and Budgets (annual and multi-year), and ensuring that these products reflect the approved project design/execution scope
• Analyze cost trends, develop and review cost forecasts
• Prepare monthly cost reports (budgets, forecasts, expenditures, commitments and Work in Place)
• Maintain ongoing cost vulnerability/cost reduction opportunities database
• Review Controller's monthly Stewardship Report for actual invoice bookings
• Develop monthly estimates of Work-In-Place for Client and 3rd-party costs
• Develop monthly expenditure and commitment forecasts
• Monitor and report on cost implications of changes
• Participate in contract commercial bid evaluations (as required)
• Participate in developing Contract Price Budgets
• Interface with Controllers regarding AFEs/budgets and invoices
• Respond to ad hoc requests from PMT related to Controls/Reporting

3. Monitoring and appraising the performance of Contractor's Site in the cost area.
• Examine and evaluate the Contractor’s and subcontractors’ cost control organization, plans, performance and procedures
• Review and, where appropriate, endorse cost Baselines and forecast prepared by contractors
• Analyze cost and productivity trends developed by contractor
• Review cost bases of contractor's Change Proposals - review and endorse Change Orders - monitor, analyze and report contractor invoices
• Assist site management in developing/reviewing cost and schedule corrective actions and recovery plans, and making sure needed actions/plans are implemented.

Essential Skills / Qualifications:
• 5+ years experience in the oil and gas industry for Offshore Engineering, Procurement, and Construction projects
• Experience with offshore project management is an asset
• Experience in managing relevant contracts (Unit Rate, Reimbursable, Lump Sum)
• Willing to travel overseas if required on an occasional basis
• Willing to travel locally on a regular basis
• Knowledge of Project controls principles, theories, and concepts
• Bachelors of Science Degree in Engineering, Engineering Technology, Business Administration with relevant experience
• Extensive competency with Microsoft Excel (specifically pivot tables) and Microsoft PowerPoint
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