Cost Engineer

1 week ago

Houston, United States Airswift Full time

Job Reference 1251974

Location Houston, Texas, United States

Industry Oil & Gas - Onshore Oil

Function Engineering & Design

Job Type Contract

Date Added November 29, 2024

Airswift is looking for a Cost Engineer to support a major client in Houston, TX on a 12-month contract with possibility of extension.

Schedule: 5/40 - on site

Responsibilities:

  • Supports the preparation and implementation of the work breakdown structure (WBS);
  • Supports the set-up of appropriate control budgets from the project estimate and schedule;
  • Ensures the development and maintenance of accurate project cost reports which support tracking of project budgets, commitments, actuals, accruals, value of work done and phased forecasts in alignment with the WBS.
  • Ensures that data collected from project team(s) and contractors (schedules, progress, changes and risks) is used to underpin the cost forecast assumptions, phasing and control budgets.
  • Ensures robust analysis of actual cost performance against planned performance to identify, understand, document and communicate variances and offer
  • Ensures that data collected from project team(s) and contractors (schedules, progress, changes and risks) is used to underpin the cost forecast assumptions, phasing and control budgets.
  • Ensures robust analysis of actual cost performance against planned performance to identify, understand, document and communicate variances and offer associated insights to Project Management on the overall impact and potential mitigating actions.
  • Ensures all project cost pressures and opportunities are proactively identified, understood, documented and communicated with the project team, particularly Project Management.
  • Supports the overall change management (trending and management of change) process; ensuring it is rigorously applied to all changes and that impacts are fully assessed and incorporated into project cost forecasts, project plans and budgets.
  • Supports the cost related communication plans, interfaces and the reporting system that provides the leadership team and stakeholders with timely analysis and performance management insights for all work scope.
  • Ensures cost management systems and tools are populated and maintained with all relevant cost data to enable standard cost performance management and reporting to Project Management and other stakeholders.
  • Supports project planning and verification processes related to cost engineering including developing quarterly and annual financial plans and preparation of inputs for project stage gate reviews.
  • Supports all requirements related to cost standardization and digitization strategies
  • Develops and maintains close working partnership with Finance
Requirements:
  • Bachelor's degree in Engineering, Project Management or other relevant field
  • 10+ years cost engineering experience preferably within a project environment
  • Advanced skills in Microsoft Office suite of products - particularly MS Excel
  • Track record of consistently producing high quality cost engineering deliverables
  • Ability to produce high quality written reports and summary presentations - able to communicate clarity from complexity
  • Ability to harness use of digital tools to provide high quality cost management reporting information
  • Bias for simplification, efficiency, and continuous improvement
  • Ability to influence, interface, communicate and work effectively with members of a project team
Desired:
  • Experience working on major projects with a significant subsea component
  • Experience using Microsoft office including Project, Word, Excel, PowerPoint, MS Teams, PowerBI
  • Project management accreditation (PMP, APM, etc)
  • Experience working with contractor organizations

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