Position: Senior Cost Engineer
Reporting line:
The Cost Engineer will report directly to the Project Controls Lead. When assigned to specific projects, the Cost Engineers will functionally report to the Project Manager.
Role:
The Cost Engineer is designated to deliver a proactive cost management service to engineering projects and discipline engineering projects.
Key responsibilities (not limited to)
This role will be required to:
Provide Cost Engineering service to the contract with responsibility for the accurate cost reporting of complete projects or individual elements within major projects
Work proactively with relevant Project Manager/Engineer to ensure that commitments and costs are tracked and controlled
Generate and maintain accurate cost reports in a format and frequency that provides clear visibility of the status of expenditure against budgets for internal use
Produce regular cost reports for clients as required by the Contract Agreement or Company requirements detailing CTR, PCR and CVO values, client approved PO values, billed to date, committed costs, forecast final costs, as a minimum for external reporting
Proactive in the provision of improvement proposals to streamline the invoicing / cost reporting process
Regularly monitor man-hour expenditure versus budget and physical progress, ensuring potential over-runs are identified and actioned in a timely manner
Establish and maintain close working relationships with Finance, Procurement, Planning and Commercial Teams
Review of CTRs, PCR’s, VORs and IDC for commercial and contractual accuracy
To issue internal and external cost reports as stipulated by Project Controls Lead/Project Manager.
Administration of Contract Variations
Internal financial reporting to Management
Cost input to weekly and monthly internal reporting.
Assisting with preparation of project control trending and forecasting.
Adherence to the Change Management process across all projects under remit.
Qualifications
Education:
Offshore Certificates: N/A
Academic Qualifications: HNC or equivalent in a relevant subject
Experience:
In Equivalent Role: 10 yrs in similar role
Topside Contractor Experience: Preferred, not essential
Engineering Contractor Experience: Essential
Oil & Gas Sector Experience: Preferred
Personal skills:
Commercially aware
Organised and QHSE aware
Commitment to continual improvement
Capable of working to month-end deadlines
Competent in the use of MS applications
Outside IR35
£50.00 / hr. Ltd Co
About NRL
The NRL Group connect global engineering companies with the right people to bring their projects to life. Supporting contracting companies with their energy transition plans and working with our clients to build a cleaner, greener future.
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