Cost Engineer

A leading oil and gas company is looking for a Project Cost Engineer for a 2 years contract. Details listed below:

Location: Moscow then Sakhalin Island

Project Position: Project Cost Engineer
Reports to: Project Controls Lead

MAIN FUNCTIONS:
The Cost Engineer (CE) coordinates for the Project all aspects of cost control and reporting, including project change management, estimate development, cost control and progress measurement.

TASKS AND RESPONSIBILITIES
1. Provide overall project cost, schedule, estimating, progress measurement, and change management leadership and expertise
* Participate in kick-off meetings with the EPC contractor(s) and PMT to ensure common understanding of cost, estimating, progress measurement, and change management requirements
* Conduct briefing sessions for project team members with respect to project control requirements and processes
* Cooperate with IPR teams and post audit activities with respect to project services functions
* Participate in gathering and recording lessons learned for the project

2. Supporting PMT and Cost Stewards with ongoing project cost analysis, reporting, forecasting, budgeting and Change Management.
* Develop and document Control Estimates, and Budgets (annual and multi-year), and ensuring that these products reflect the approved project design/execution scope
* Analyze cost trends, develop and review cost forecasts
* Prepare monthly cost reports (budgets, forecasts, expenditures, commitments)
* Maintain ongoing cost vulnerability/cost reduction opportunities database
* Review Controller's monthly Stewardship Report for actual invoice bookings
* Develop monthly estimates of Work-In-Place (WIP) for EM and 3rd-party costs
* Administers the project change control process for the Project and PMT
* Develop monthly expenditure and commitment forecasts
* Monitor and report on cost implications of changes
* Participate in contract commercial bid evaluations (as required)
* Participate in developing Contract Price Budgets
* Support preparation of Advance Commitment or Full Funding estimates and budgets
* Interface with Controllers regarding AFEs/budgets and invoices
* Respond to ad hoc requests from PMT related to Controls/Reporting

3. Monitoring and appraising the performance of the Contractor(s) in the areas of cost control, progress measurement and control.
* Examine and evaluate the Contractor�s cost control organization, plans, performance and procedures
* Review and, where appropriate, endorse progress and cost baselines and forecast prepared by contractors
* Analyze cost and progress trends developed by contractor
* Review and endorse progress measures reported by the contractor
* Review cost bases of contractor's Change Proposals - review and endorse Change Orders - monitor, analyze and report contractor invoices
* Assist PMT / sub-project management in developing/reviewing cost corrective actions and recovery plans, and making sure needed actions/plans are implemented.

4. Maintain regular contact with Cost and Schedule organization in the sub-project teams and with the EMDC Functional Organization.
* Maintain close liaison with cost and control engineers in the sub-project teams and EMDC Function
* Provide direction and feedback to sub-project cost and control engineers

QUALIFICATIONS AND EXPERIENCE
* Bachelors of Science Degree in Engineering, Engineering Technology, Business Administration with relevant experience, or 10+ years experience in the oil and gas industry
* 5+ years of project controls experience focused on cost control and some schedule control achievements
* Upstream / Pipeline / Offshore Engineering, Procurement, and Construction experience
* Willing to work overseas in a team environment
* Willing to relocate to required project site
* Strong Influencing, Consulting, Mentoring, Analytical, and Computing skills
* Adaptability to changing priorities
* Strong interpersonal and communication skills
* Ability to multitask and respond quickly to urgent analysis requests

Interested candidates please send a copy of your updated resume in MS Word Format with your current contact details and notice period to karyn@airenergi.com. Only shortlisted candidates would be notified