Senior Cost Engineer

Recruiter:

Keystone Project Recruitment

Job Ref:

JHB002009/JHD

Date posted:

Saturday, December 17, 2022

Location:

Johannesburg, South Africa

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

JOB DESCRIPTION:

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, with assistance from the Senior or Lead Cost Engineer.
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, instil cost awareness in the project organization such that capital costs are controlled and changes to workscope 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.
Liaise with Project Planning Engineer on analysis of project status. Review the impact of cost and schedule changes upon each other.
Identify and analyze 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 when applicable.
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, and potential cost problems and recommend corrective actions with assistance from the Senior or Lead Cost Engineer.
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 Contract Profit Report (CPR) and associated back up for review with Project Manager, Chief Cost Engineer, Project Controls Manager, and Executive and Corporate Representatives as necessary with assistance from the Senior or Lead Cost Engineer.
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.
Perform any other functions as directed by the Senior or Lead 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 5 years industry experience.

Desirable

Proficient user of MS Excel, MS Access,
Exposure to, and understanding of the engineering and technical environment, in particular in the oil and gas sector.

Personal attributes:

Good organisational skills
Good communication skills.
Work well within a team environment.

NB! This job is now closed. You can apply for other jobs by uploading your CV.

Similar jobs you might be interested in:

Senior Cost Engineer
Location: Johannesburg
Salary:
senior cost engineer â Oil & Gas experience
19 days ago

Senior C# Software Engineer – Pretoria (Hybrid) – up to R1m Per Annum
Location: Pretoria
Salary: 1000000
senior C# Software engineer – Pretoria (Hybrid) – up to R1m Per Annum
7 days ago

Senior Network Engineer
Location: Sandton
Salary:
Job Title: senior Network engineerCareer Stream: IT Infrastructure NetworkJob Level: Technical ExpertJob Purpose: Provide 2nd level escalation (3rd being the Vendor) support for BAU teams ensuring that the networks and client connectivity platforms meet or exceed availability. Ensure quality, performance, and resiliency requirements in SLAs agreed with business stakeholders thus contributing to th...
15 days ago

Senior C# Software Engineer – Bedfordview (Hybrid) – up to R1.2m per annum
Location: Johannesburg
Salary: 1200000
senior C# Software engineer – Bedfordview (Hybrid) – up to R1.2m per annum
18 days ago

Senior C# Software Engineer – Bedfordview (Hybrid) – up to R1.1m Per Annum
Location: Johannesburg
Salary: 1100000
senior C# Software engineer – Bedfordview (Hybrid) – up to R1.1m Per Annum
19 days ago

PR Eng. Process Engineer - Technical
Location: Johannesburg
Salary:
25 days ago

NEW WORK IN: Senior C# Full Stack Software Engineer (Angular 10+) – Bedfordview (IN-OFFICE WITH HYBRID AFTER THREE MONTHS) – @ R1.2mil CTC P.A
Location: Pretoria
Salary: 1200000
NEW WORK IN: senior C# Full Stack Software engineer (Angular 10+) – Bedfordview (IN-OFFICE WITH HYBRID AFTER THREE MONTHS) – @ R1.2mil CTC P.A
28 days ago

Senior C# Software Engineer – Bedfordview (Hybrid) – up to R1.08m per annum
Location: Johannesburg
Salary: 1080000
senior C# Software engineer – Bedfordview (Hybrid) – up to R1.08m per annum
29 days ago

Estimator
Location: Johannesburg
Salary:
Estimator â Oil & Gas Experience
19 days ago

Senior Engineer: Mechanical Design (Centurion)
Location: Centurion
Salary:
International design for complete designs . Client is looking for senior design engineers. Our client does Product development from component level to complete systems. Product development expertise includes medium and heavy-duty commercial vehicles in applications such as delivery, bus, motorhome, off highway, refuse and several other specialized and vocational vehicle markets. Centurion-based co...
8 days ago

Senior Cost Engineer

Similar jobs you might be interested in:

Create a free job alert for Senior Cost Engineer in Johannesburg