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Offer detail sheet

Publication title

Cost Control Engineed

Type of job

Contrato

Opening date

16/08/2022

Offer description

Company from the Oil & Gas industry is looking for a Cost Control Engineed  for an onshore project located in Paris.

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.