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Cost engineer

Aberdeen
Cost engineer
Posted: 4h ago
Offer description

Our client, an independent oil & gas company are currently seeking an experienced Cost Engineer. Based in Aberdeen, the role is offered on a 6 month contract – Ltd Company RESPONSIBILITIES Co-ordination of all cost management, cost reporting and cost analysis for OPEX, CAPEX and ABEX Projects. Support budget and AFE process where needed Track, monitor and accurately report project commitments, value of work done (VOWD) and forecast costs Provide accurate monthly reporting and input into overall project and wider business reporting cycles. Ensuring commitments and invoices are correctly coded, adequate funding is always in place and forecast costs are properly calculated and managed. Liaise with project personnel (including Site personnel) on cost related matters such as progress, milestones, and variations on a contract by contract basis. The preparation of monthly Cost Reports, which includes the following: Ensure Value of Work is re-evaluated based on most current data. Interrogate data received from other team members. Re-forecast estimate to complete/forecast Final Costs and identify any areas of concern (budget overruns, work/delivery slippages etc.) which could impinge upon other cost areas. Maintain Suspense Account on a timely basis to ensure all shared costs are distributed appropriately to individual projects. REQUIREMENTS Interpersonal Ability to work with individuals from a varied background in a multi-cultural environment. Presents themselves in a professional and ethical manner appropriate to the Company values. Maintains a safe working environment, complying with and promoting the Company’s HSE&A policy Works collaboratively within a team environment and takes initiative to get things done Ability to communicate in a respectful manner, both verbally and written. Skills & Attributes Strong analytical capability to visualise and capture root cause Drives effective information sharing. Helps others build their networks and use a range of contacts inside and outside the Company. Able to make effective decisions quickly. Identifies problems and stakeholders and drives resolution in a timely fashion Identifies bottlenecks and works with the business to remove them. Demonstrates leadership in business improvements. Initiates Change, assessing risks and rewards Strives for continuous improvement; brings solutions and constantly seeks new and better ways to work. Actively shares Company vision and demonstrates ability to adapt to change. Experience Competent working with Operator Cost Control & Financial Systems. Extensive working knowledge of Cost Control – WBS structures, Budgets, Allocations, Commitments, Value of Work, Forecasts and Estimated Final Costs. Management of Project provisions – Use of Growth Allowances & Contingency Allowances. Preparation of Project Reporting – Internal & External. Experience of Vendor Management – Interface/Reporting/Milestones Experience of Change Management – Variations. Qualifications Essential Candidates must be qualified to Degree Level or have relevant professional qualification. Must be able to demonstrate continuing personal and professional development. Desirable Working knowledge of Maximo.

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