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


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