Posted on :
2 Dec, 2014
2 Dec, 2014
Brief Posting Description
We are currently recruiting for a Cost Control Engineer on a residential basis basis located at our offices in Accra. The successful candidate will provide Cost Engineering services to the Jubilee Asset Tea (P&E and Brownfield project team).
Work with the Productions Planning team/EPIC Contractors to establish cost tracking and progress measurement systems
Produce accurate Cost Reports to include Forecast Costs, Estimated To Complete, Value of Work Done and Commitments against approved budgets.
Calculate Estimated To Complete in line with progress achieved and Browfield project schedule
Provide expenditure phasing and projections in line with schedules and contract compensations terms and conditions.
Assist in coding of requisitions in line with approved budgets and Cost Breakdown Structure coding plus corporate coding structures.
Provide Value of Work Done assessment based on established progress system & contractor reports.
Monitor contract expenditure and forecast contract value against approved contract values.
Become key user of the adopted TGL Cost management system – keeping model updated with the latest approved budget/production profiles and undertaking and reporting on ‘What-If?’ scenarios.
Prepare detailed budgets in accordance with the CBS which shall form the basis for detailed level cost reporting and analysis.
Present weekly cost reports identifying spend profiles and projections.
Prepare and participate to the presentation of the Asset Monthly cost report and its approval by the Cost Centre Managers/Asset Manager
Monitor actual spend against budgets, analyse deviations and recommend remedial actions. Prepare agenda items for cost review meetings.
· Technical Degree in Oil and Gas. Member of appropriate cost Institution if possible
8 years’ experience in O&G industry
Confident user of Microsoft applications such as ‘Excel’
Experience with a range of IT systems
Previous Cost Engineer experience in oil and gas industry would be an advantage
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