Recruitment specialists since 1980

Details
Recruiter NameSandra Tye
Reference11002
Industry OIL & GAS, Cost Engineers & Estimators
SalarySalary negotiable
BenefitsNegotiable please quote Ltd Co rate required
Town/CitySurrey
Locations UK, London and the South East
Contract TypeContract

Description

COST CONTROL ENGINEER – CONTRACT – SURREY

 

Our Client, a Major international Oil and Gas, design and construction contractor is seeking a Cost Control Engineer to join their team at their offices in Surrey, on a contract basis.

 

QUALIFICATIONS & EXPERIENCE:

  • Candidates must have experience in a similar role within the oil and gas industry.

 

JOB SCOPE:

  • Establish and manage a cost control system in order to support the PM decision-making process and allow him to complete the project within the approved budget.
  • Ensure any deviation from budget is promptly spotted and analysed, final impact is estimated and the effect of corrective actions taken is monitored.
  • Create a cost awareness atmosphere among project team.
  • Satisfy the Operating Company and Corporate requirements for the cost control reporting, cooperating with the proper interfaces.

 

RESPONSIBILITIES:

At project initial phase:

  • After contract award, ensure the implementation of the Cost Control System, elaborating the consolidated Cost Breakdown Structure according to the relevant procedure, reviewing the procurement/accounting system adopted in each Operating Companies/Branches involved into the project, and verifying the application of the CBS and the cost traceability.
  • Issue the Project Cost Control Procedure, Cost Coding Manual and Risk Management Plan, for the Project Control Manager verification, according to standards and contract specification and configure the Cost Breakdown Structure to monitor procurement and accounting activities.
  • If not provided during the commercial phase, split the Commercial Budget according to the intercompany scheme, contract and work schedule, in order to report revenues/costs by entity, currencies, and main cost accounts and prepare the cashflow by currency.
  • Coordinate the risk management activities startup organizing the first brainstorming and the qualitative / quantitative assessment of the identified risks and opportunities.
  • Carry out the Montecarlo Analysis During the project execution phase:
  • Ensure the Cost Control System works effectively and cost status is soundly assessed and reported.
  • Monitor activity progress and the relevant earned value, as well as the value of work done against the invoices received, determining the monthly accruals (to have accounts in line with works progress).
  • Support the Project during the contract changes/claims process providing the cost impact analysis, and keep updated the cost/revenues forecast relevant to intercompany services.
  • Analyse committed costs and activities to-date, review the estimate to complete, isolating any deviation from baselines or adverse trend and warn the PM on time to take corrective actions in order to prevent overruns.
  • Maintain the risk management process organizing periodic meetings and verifying the risk owners feedback.
  • Issue the project and company reporting at project closure.

 

RATE:                     Please quote the Ltd company hourly rate you would be looking for.

 

BENEFITS:                 Very Close to the Station.

 

We are instructed to only submit to our Client candidates whose qualifications and experience match client’s specification and must be eligible to work within the UK.

 

For more information please contact Sandra Tye

on 020 8905 2250 or wcs-jobs@woodland.co.uk    

 

If you are interested in this position and would like more information do please contact me or any other member of the Recruitment Team as soon as possible. If you are not sure the CV we have on file is current send your latest CV to me, at the same time advising me your availability and any other relevant information.  If this position is not exactly what you are looking for please look at our website www.woodland.co.ukas we update this site daily with all our current vacancies. Rest assured that your CV is treated as confidential and Woodland will not send your CV to any Clients until we have your permission to do so.

 

Please Note:  Some of our Clients will require references and documentary evidence of qualifications.

 

 

Privacy Policy- we will always ensure your privacy is fully protected and your details, which are stored on our secure database, will never be shared with any other parties without your prior permission. Therefore your cv or any personal details will not be forwarded to any client unless you give permission.  If you wish to have your details removed from our database please send an email request.

Email a friend   Print details   Back to results 
Quick Job Search
Keywords
Industry
Locations
Submit your CV
Jobs by E-mail
Submit a Vacancy