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Project Cost Expert
2 weeks ago
We are seeking a skilled Senior Cost Engineer to support our client's large-scale energy projects in a dynamic and evolving work environment.
The successful candidate will play a key role in cost management, forecasting, and budget control while supporting project teams and mentoring junior staff.
Key Responsibilities:- Translate complex data into clear, actionable insights for stakeholders and project teams.
- Enhance and streamline cost control tools, processes, and procedures.
- Provide mentorship and guidance to junior cost control staff.
- Partner with project managers and budget holders to support effective financial oversight.
- Prepare timely and accurate periodic cost reports in consultation with internal teams.
- Coordinate with engineering teams to clarify discrepancies and contribute to risk mitigation strategies.
- Monitor expenditures, analyse variances, and present findings to relevant stakeholders.
- Forecast costs for project line items in collaboration with project teams.
- Assess potential variations and claims from subcontractors and vendors.
- Support ad hoc cost analyses and participate in project review meetings as required.
- Act as a liaison between engineering, accounts, and project teams to ensure financial clarity.
- Recommend process improvements for more effective cost control.
- Build and maintain historical cost databases for future reference.
- Solve complex issues using both technical expertise and business acumen.
- You should have several years of experience in the cost control function within the Oil & Gas or related process industries, ideally on international, large-scale projects with progressively increasing responsibilities, including team leadership.
- A background in Quantity Surveying is highly regarded.
- Demonstrated expertise in cost control with fully developed technical competencies.
- Capable of establishing and enhancing standards, procedures, and processes.
- Experienced in developing project budgets aligned with standardised structures.
- Skilled in producing accurate cost forecasts to support project management objectives.
- Performs comprehensive variance analysis, including quantities, costs, labour hours, and productivity metrics.
- Ensures the accuracy and quality of deliverables produced by junior team members.
- Strong understanding of estimating methodologies and practices.
- Proficient in reviewing and refining estimates for changes in project scope or trends.
- Thorough knowledge of Work Breakdown Structure (WBS) requirements across all project phases.
