Job description

The Senior Cost Engineer - Oil & Gas Project Cost Control is responsible for supporting and leading the cost function to ensure all commercial project-related activities are executed in accordance with company policies and procedures within an oil and gas project environment. The role includes preparing detailed budget breakdowns from the Project Estimate Document (PED), uploading data into the Compass system, and maintaining financial data within Oracle systems. The position involves preparing invoices aligned with contract milestones, managing project cash flow updates, and collaborating with finance to track payments. The engineer compiles comprehensive contract cost reports including Value of Work Done (VOWD), Forecast to Go, Estimate at Completion (EAC), variance analysis, movement commentary, and cash position. The role requires liaison with Engineering, Procurement, and Construction teams to assess budgetary impacts, participation in cost performance meetings, preparation of monthly cost review presentations, and attendance at client Project Controls meetings. Additional responsibilities include supporting cost close-out processes, ensuring balance sheet finalization, and maintaining compliance with HSEQ and HSES policies as well as information security procedures. The role demands expertise in cost estimation, risk analysis software, total cost management techniques, contract interpretation, and technical specifications within major oil and gas projects.