Project Cost Engineer (Fixed Term 6 months)

Purpose

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.

Functions

RESPONSIBILITIES:

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

Qualifications

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.

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