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Offer detail sheet

Publication title

Cost Control Engineer

Type of job

Contrato

Opening date

11/01/2022

Offer description

Company from the Oil & Gas industry is looking for an Cost Control Engineer. 

Mission:

• Establish and manage a cost control system in order to support the PM decision-making process and allow him to complete the project within the approved budget
  
• Ensure any deviation from budget is promptly spotted and analysed, final impact is estimated and the effect of corrective actions taken is monitored 
  
• Create a cost awareness atmosphere among project team
  
• Satisfy the Operating Company and Corporate requirements for the cost control reporting, cooperating with the proper interfaces
  

 

Tasks:

At project initial phase:

• After contract award, ensure the implementation of the Cost Control System, elaborating the consolidated Cost Breakdown Structure according to the relevant procedure, reviewing the procurement/accountin g system adopted in each Operating Companies/Branches involved into the project, and verifying the application of the CBS and the cost traceability
  
• Issue the Project Cost Control Procedure, Cost Coding Manual and Risk Managemen t Plan, for the Project Control Manager verification, according to standards and contract specification and configure the Cost Breakdown Structure to monitor procurement and accounting activities 
  
• If not provided during the commercial phase, split the Commercial Budget according to the intercompany scheme, contract and work schedule, in order to report revenues/costs by entity, currencies, and main cost accounts and prepare the cash-flow by currency
  
• Coordinate the risk managment activities startup organizing the first brainstorming and the qualitative / quantitative assessment of the identified risks and opportunities
  
• Carry out the Montecarlo Analysis
  

During the project execution phase: 

• ensure the Cost Control System works effectively and cost status is soundly assessed and reported 
  
• monitor activity progress and the relevant earned value, as well as the value of work done against the invoices received, determining the monthly accruals (to have accounts in line with works progress)
  
• Support the Project during the contract changes/claims process providing the cost impact analysis, and keep updated the cost/revenues forecast relevant to intercompany services 
  
• Analyse committed costs and activities to-date, review the estimate to complete, isolating any deviation from bas elines or adverse trend and warn the PM on time to take corrective actions in order to prevent overruns
  
• Maintain the risk management process organizing periodic meetings and verifying the risk owners feedback
  
• Issue the project and company reporting At project closure
  
• Support the Project Control Manager in the preparation of the Project close-out Report and the costfeed-back data to Project Control and Commercial Departments
  

Requirements

• Proficient in English
  

Benefits

Project:               P79

Location:            France - Paris

Start Date:          As soon as possible

Job activity:       Cost Control Engineer 

Work Schedule: 8 hours a day. 5 days a week

Rotation:            120/16

Salary:                to be confirmed

Overtime:           N/A

Living allowance: TBC

Accommodation: Provided locally

Insurance D&D: provided

Life Insurance: provided

Medical Insurance: provided

Income Protection: provided

Travel : In accordance with the Company’s travel policy and within the booking capabilities of the Company, the latter will provide a prepaid economy ticket from the departure airport nearest to the domicile of the Employee to the Work Location at commencement and termination of the employment and at the beginning and the end of each Leave Period. The Employee will be liable for any excess baggage costs.