Senior Cost Engineer

SUMMARY:

Senior Cost Engineer (Contract) with extensive experience in the Oil & Gas, Petrochemical or similar sector

POSITION INFO:

Key Accountabilities & Responsibilities:

• Understand all relevant documentation pertaining to the project including scope of services, conditions of contract, project execution plan, project schedule, etc
• Work within standard project cost engineering procedures Ensure that these procedures comply with contractual reporting requirements and, if not, modify accordingly
• Prepare activity plans to accomplish all work required by the procedures
• Liaise with client project control personnel as necessary
• Prepare manhour, material quantity and cost budgets from the cost estimate and update them on approval of contract changes and budget transfers
• Disseminate budget information to all operating groups, providing clarification and additional information where required and ascertaining commitment to budgets as the cost target
• Generally, install cost awareness in the project organisation such that capital costs are controlled and changes to work scope are identified and quantified
• Obtain from operating groups, the latest information pertinent to cost analysis and ensure its accuracy and completeness Attend meetings concerning cost matters
• Maintain a comprehensive material and construction quantity control and reporting system to include the current status of budget, material take-off and forecast quantities
• Liaise with Project Planning Engineer on analysis of project status Review the impact of cost and schedule changes upon each other
• Identify and analyse deviations and trends against the budgets Investigate such deviations with the relevant group and advise Project Manager of issues requiring corrective action
• Establish and maintain all cost recording documentation Provide comprehensive cost analysis and prepare forecasts of final project costs
• Liaise with Field Cost Engineer/Construction/Site Manager and review field cost reports and associated information for inclusion in the overall project cost report
• Review overall project status and forecast with Project Manager each month
• Prepare monthly cost reports with supporting narratives
• Prepare and issue monthly cost action reports to the Project Manager to include cost report summaries, exclusions, potential cost problems and recommend corrective actions
• Prepare monthly Project Cost Report and associated back-up for review with Project Manager, HOD Cost Engineer and Project Controls Manager as necessary
• Prepare quarterly (CPR) and associated back up for review with Project Manager, HOD Cost Engineer, Project Controls Manager, and Executive and Corporate Representatives as necessary
• Audit of invoices and payment certificates prior to payment by either the client or company accounts
• Ensure reconciliation between project cost report and accounts cost and billing information
• Prepare final project statistics and advise effectiveness of procedures and systems for possible development on future projects
• When nominated, act as a sponsor to trainees, regularly review their progress and make periodic reports to the Manager Project Controls
• Perform any other functions as directed by the HOD Cost Engineer

Qualifications:

• National Diploma in in the finance, commerce, accounting fields or equivalent or,
• Sufficient relevant experience over and above that stated below, in lieu of qualification requirements

Desirable

• BCom Degree in the finance, commerce, accounting fields or equivalent

Knowledge, skills and experience:

• Minimum 3 years industry experience
• Minimum 5 years cost engineering experience

Desirable:

• Advanced user of MS Excel, MS Access,
• Exposure to, and understanding of the engineering

Personal attributes:

• Excellent organisational skills
• Excellent communication skills
• Work well within a team environment and networking

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