Cost Engineer

• Prepare and issue detailed budgets.
  
• Responsible for cost control cost reporting and invoice processing activities for the EPC package.
  
• Supply MP Lead Cost Controller with cost and budget updates for internal and external reporting.
  
• Perform quantitative Cost Risk Analysis for the project(s).
  
• Develop and maintain the Master Control Estimate/Current Control Estimates (MCE/CCE).
  
• Perform all other cost control activities related to the perimeter (CPP).
  
• Develop and maintain a database for the Technical Assistance and Services Contracts followup.
  

Key elements of the Ruya Batch 1 Project:

• EPCI 9 (SURF): Installation of pipelines (41 pipelines 250 km of varying sizes from 6 to 22 ) and 9 cables for power and control.
  
• EPCIC 11 (WHP): 9 Well Head Platforms including piles jackets and topsides with water depths between 60m and 70m.
  
• EPCIC 12 (RP): Riser Platform Topside Jacket Piles/Grout with interconnecting bridge to existing facilities including seawater treatment facilities.
  
• EPCIC 13 (CPP): Central Process Platform Living Quarters (200 pax) Flare tripod and interconnecting bridges to link with existing facilities fitted with production and utility facilities.
  

The project is a mix of Greenfield and Brownfield development with significant challenges in integrating new platforms into existing facilities.

Activities:

• Safety & Compliance:
  

  • Promote and comply with applicable safety instructions and company HSE procedures.
    
  • Carry out work in line with company values policies legal regulations priorities objectives and industry practices.
    
  • Treat all obtained information with confidentiality.
    

• Budgeting:
  

  • Prepare dedicated yearly and LOP forecasts for the package.
    
  • Prepare the annual budget and updates in coordination with internal teams and discipline leads.
    
  • Defend and present the budget performance as required.
    
  • Monitor budget availability for each commitment.
    
  • Justify variances between forecasts and budgets.
    
  • Maintain a register for managing commitments expenditures and forecasts for all contracts and purchase orders.
    
  • Provide input to the PALM (SAP) system for commitments payment schedules invoicing and cost control matters.
    
  • Coordinate with the Finance department to ensure fair allocation of common costs.
    

• Closure:
  

  • Prepare monthly closure and ensure that accruals in PALM system are in line with project progress.
    
  • Prepare necessary compliance documents for accruals.
    

• Cost Reporting:
  

  • Issue detailed monthly cost reports (trends concerns budget variance analysis forecasts etc.) and advise project management on cost overruns.
    
  • Maintain auditable records for project expenditures contracts budgets forecasts etc.
    
  • Supervise contractor and supplier cost control activities.
    
  • Provide monthly cash forecasts for the project.
    

• Invoicing:
  

  • Implement efficient invoicing processes and ensure timely payments.
    
  • Check and monitor invoices with the accounting team to enable timely payments.
    

• Organization & Procedures:
  

  • Develop and communicate procedures for efficient budget and cost control operations.
    
  • Advise contractors on commercial requirements such as invoicing and cost reporting.
    
  • Anticipate additional cost control support requirements during project execution.
    

• General Responsibilities:
  

  • Promote cost consciousness within the entity.
    
  • Ensure confidentiality in handling sensitive data.
    
  • Liaise with internal and external auditors for cost justification.
    
  • Prepare cost recovery documentation.
    
  • Engage with the Finance department for all cost and accounting matters (commitments invoicing payments etc.).
    
  • Oversee commercial closeout of contracts and archive financial documentation.
    
  • Carry out any other duties assigned by superiors.
    

Requirements

Qualifications & Experience Required:

• Degree in Economics or a related field.
  
• Minimum 10 years experience in cost control activities for Oil & Gas projects.
  
• Advanced knowledge of computer systems (SAP Excel Word PowerPoint Power BI).
  
• Fluency in English.
  
• Experience with EPC contract mechanisms.
  
• Willingness to travel for technical missions globally.
  
• Strong communication skills.
  
• Ability to work in a complex multicultural environment.
  
• Strong analytical skills.