Latest Vacancy for Senior Cost Engineer in an Oil and Gas Company

Oasis Africa Consulting Limited – Our client in the Oil and Gas industry is recruiting suitably qualified candidates to fill the position below:

Job Title: Senior Cost Engineer

Location: Lagos
Job Type: Full-time

Summary

• The overall job role objective is to estimate the cost of projects through a thorough analysis of the project requirements and specifications
• This role is focused on delivering a complete suite of cost-control services and financial support for projects within the company.

Key Job Duties (Not Exhaustive)

• Develop the project cost control strategy, plans and procedures;
• Perform quality assurance on contractor cost-management performance;
• Coordinate or develop appropriate internal and external benchmarking and technical limits;
• Coordinate preparation of cost risk analysis;
• Review financial data related to accruals, invoice payments, purchase orders and material deliveries and other financial data;
• Provide cost input to and implement the cost element of change management procedure;
• Provide cost input to and implement the cost element of risk management plan;
• Link risk process to change process and estimate;
• Coordinate and develop project annual-spend projections, cost reconciliations and variance analyses;
• Assist and prepare cost performance management data;
• Adhere to the financial, business and project processes of the company;
• Address issues pertaining to project cost control procedures;
• Coordinate development and implementation of project work breakdown structure/ cost breakdown structure (CBS);
• Participate in the development of project execution plans;
• Coordinate and develop appropriate control budgets consistent with project estimate and WBS / CBS;
• Implement and monitor costs within each project stage and for entire project until completion or close-out;
• Collect and compile progress and cost data, and develop cost-control worksheets and reports for review by delivery teams;
• Provide cost input to commitment close-out process;
• Review and audit contractor cost control procedures and practices;
• Provide interface to other functions and teams to improve processes, resolve conflicting priorities and ensure adherence to best project practices;
• Prepare and implement project-wide cost measurement and reporting system, including roll-up levels and reporting cycle calendar;
• Develop and issue various reports to appropriate stakeholders;
• Develop project close-out plan;
• Work with accounting function to ensure adequate financial control.

Qualifications

• A Bachelor’s Degree from accredited Higher Institution in relevant discipline
• Ability to organize and prioritize work and meet deadlines;
• Ability to recognize and solve problems;
• High level of analytical ability.
• 10 years experience in similar role
• Extensive project control or project management experience;
• Experience with cost management tools;

Salary and Benefits

• Pay/benefits are competitive based on industry standards.

How to Apply
Interested and qualified candidates should:
Click here to apply online