Cost Engineer
4 weeks ago
Turnaround Cost Engineer
Roles & Responsibilities
• Preparation, maintenance, and ownership of TAR cost control. Including and not
limited to tracking of budgets, commitments, Value of Work Done (VOWD), spend
phasing and future forecasting.
• During the event, works closely with Event leads, and Project Controls team to ensure
cost updates and variances are understood and clearly communicated.
• Analyze cost data to understand variances from plan and provide insights to event
lead and turnaround manager on the impact of TAR delivery performance on
forecasted total costs.
• Work closely with Turnaround Engineers and planners to ensure in-year, multi-year,
and full cycle cost phasing and forecasting aligns with the current control schedule.
• Support governance cycle including assisting with preparing Authorization for
Expenditures (AFEs) for work scopes Establish Work Breakdown Structure (WBS) /
Cost Breakdown Structure (CBS).
• Support the development of TAR estimates.
• Responsible for multiple TARs in varying phases and balancing the work activities
within the portfolio of work.
• Oversee contractor cost management and reporting processes, ensuring
implementation of contractor's contractual requirements.
• Facilitate reporting thought quarterly project financial and performance reviews,
maintaining transparency against annual spend targets.
• Receive project specific invoices and allocate to appropriate cost center or WBS.
• Comply with all HSSE requirements
• Fully maintain Change Control visibility, ensuring both approved and pending
changes, as well as Threats / Opportunities are included and detailed in the cost tool.
• Confirm all budget changes and trends are documented and approved for an
ongoing accurate cost estimate and history of the project cost performance.
• Ensure cost forecasts align with actual delivery progress as reflected in the TAR
schedule.
Technical Skills required.
SAP experience
Excel expertise
Cost control tool experience (Ecosys preferred)
With over 90 years' combined experience, NES Fircroft (NES) is proud to be the world's leading engineering staffing provider spanning the Oil & Gas, Power & Renewables, Chemicals, Construction & Infrastructure, Life Sciences, Mining andManufacturingsectors worldwide. With more than 80 offices in 45 countries, we are able to provide our clients with the engineering and technical expertise they need, wherever and whenever it is needed. We offer contractors far more than a traditional recruitment service, supporting with everything from securing visas and work permits, to providing market-leading benefits packages and accommodation, ensuring they are safely and compliantly able to support our clients.
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