Senior Cost Engineer

The focus of this position will working within the regional Project Controls function, directly supporting Projects in the creation, updating, and analysis of cost management tools in a manor aiding Project management review, decision making and forecasting.

Cost Tracker

• Update cost tracker based on schedule updates/ changes

• Maintain Project Forecast

• Update with actual billed i.e PM&E etc

• Add any additional non-reimbursable costs

• Update VO LS rate if changes (this will increase as more VO’s get closed out/ added)

• Support Finance analyst with queries

• Regular cost tracking meeting

• Assist with Cost analysis & closing of any activity codes

• Assist cost analysis with Revenue allocation

   

VO’s

• Maintain VO tracker

• Create new VO’s for reimbursable costs

• Update/ rewrite VO’s if new costs incurred/ requests have changed

• Draft & finalise VO’s - once internally reviewed. 

• Attach appropriate backup (quotes, invoices etc) & approvals – make sure all is saved in VO folder too. 

• Get internal approval (PM) for VO. 

• Hold weekly VO/ Cost Meeting with client and have clear actions in place to discuss.

• Get external approval (client to sign off in weekly meeting)

• Ensure PO coverage to Bill complete VO’s. 

• Collate and attach all Back up, inc 3rd party, signed timesheets, email approvals, DPRS and send to QtC alongside signed VO so billing process can begin.

   

   

Timesheets

• Populate PM&E, Onshore Readiness & VO timesheets 

• Create ‘VO’ timesheet for increased personnel in-country i.e. above personnel in personnel uplift rate

• Review TS in meeting with cllient and get signed off

• Use GM reports for charging travel/ mob days

   

Billing

• Create commercial summary where appropriate & get PM to sign off

• Send QtC Billing request with all back up in a clear manner

• Ensure PO coverage (I maintain a PO analysis to keep on top of this)

• Answer any QtC queries and be point of contact between QtC & client

• Send Draft invoice to client for approval

• Send client confirmation to Billing so they can complete & send out final invoice

• Update S/sheets & VO tracker with invoice # and ensure copy of invoice is saved on SP. 

• Hold weekly meeting with QtC and have clear actions in place to discuss.

   

PO’s

• Maintain PO analysis

• If uplift/ new PO is required, provide estimates as early as possible for client to action

• Once commercial review & sign off the PO, confirm the order in client system.

   

Additional

• Other duties as assigned.
   

Supervisory Responsibilities
 

• This position has no direct supervisory responsibilities.

Reporting Relationship
 

• Reports to Project Controls Lead – Eastern Hemisphere

REQUIRED

• Must have a minimum three (3) years of experience in cost engineering 

• Must have three (3) years’ experience and responsibility of project cost management and reporting in an industrial environment throughout a project’s typical life cycle (Sales, Engineering, Procurement, Testing, and Offshore Execution)

DESIRED      

• Experience with Enovia and PeopleSoft

• Profiecient with Microsoft Excel: expertise in complex formulas and functions, pivot tables, macros

• Knowledge of integrating Primavera P6 with other enterprise systems, such as enterprise resource planning software.

Knowledge, Skills, Abilities, and Other Characteristics

• Comprehensive understanding of project management principles, methodologies, and best practices. 

• Ability to evaluate project performance, identify variances and propose corrective actions. 

• Strong analytical and problem-solving abilities, with attention to detail and accuracy.

• Abillity to effectively communicate in English with project managers, engineers and stakeholders both verbally and in written form. 

• Strong organizational and time management skills to meet project deadlines

• Proactive and adaptable mindset to anticipate and address potential issues or changes in project schedules

• Commitment to continuous learning and staying update to date with the latest industry trends and advancements in project management software and tools

• Ability to work independetnly and as part of a team, displaying professionalism and maintaining a positive attitude. 

• Proficiency with MS Office applications, primarily Word and Excel, is required.

• The ability to organize disparate information into a usable form is required.