Senior Cost Engineer
| Company | OMV Exploration & Production | Experience | more than 15 years |
|---|---|---|---|
| Date | 2009-10-07 | Salary | Negotiable |
| Category | Engineering, Procurement & Construction (EPC) | Start date | ASAP |
| Region | Middle East | Duration | Permanent |
| Location | Block S2 | Country | Yemen Republic |
Description of Senior Cost Engineer |
• Develop and ensure structured, consistent and accurate cost control, reporting and estimating for the development of a surface facilities and pipeline project. • Maximize the use and integration of cost control and estimating systems. • Provide support to individual Project Managers (PM’s) in establishing and maintaining up to date cost reporting including variance analysis of cost over/under runs. • Monitor expenditure monthly on a Value of Work Done (VOWD) basis for the Project with Projects organization to produce cost forecasts (latest estimates) to provide timely notification of potential over/under-runs against approved budgets. • Produce monthly/quarterly/annual variance and trend analysis expenditure reports and explain key cost movements with respect to commitments, actual (VOWD basis), latest estimates against plan as agreed with responsible Project Managers. • Provide support to Project Managers to establish and maintain cost progress S-curves (inclusive of actual, forecasts, and commitments) for the ongoing Project. • Produce cost reports and presentations suitable for management (monthly, quarterly and annually) as required, giving planned, actual and forecast costs, for all ongoing projects and contracts, in line with the agreed AFE’s/WBS. • Establish and maintain procedures for Cost Control, Reporting, Estimating, and Budgeting (in conjunction with Finance). • Coordinate in conjunction with PE’s/PM’s the preparation of the annual Work Program and Budget (WP&B) submission and reporting against the same. • Develop and maintain a Cost Estimating system (including Cost Breakdown System), including a database of historical project costs, and provide cost estimating support to PE’s/PM’s for future projects / project variations and to assist in forecasting of costs to completion. • Review and audit contractors’ cost management and reporting procedures for all new contracts. • Establish and maintain close interface liaison with both assigned Project organization and company Finance department. |
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Skills required for Senior Cost Engineer |
• University graduate in Engineering disciplines • Minimum 15 years experience as a Cost Engineer within the Oil and Gas industry. • Full capabilities in MS Word, MS Excel, MS Power Point. • Very high communication and presentation skills • Ability to effectively lead, coach and mentor team members. • Fluent in English, knowledge of Arabic will be an added advantage |
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| Remarks | Leave Cycle: 6 weeks on two weeks off rotation | ||
| Reference Nr | 2009.EP44 | ||
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