Posted by Petrofac Limited is a provider of oilfield services to the international oil and gas industry. It is registered in Jersey, with its main corporate office on Jermyn Street, London. It has operational centres in Aberdeen, Sharjah, Woking, Chennai, Mumbai, Delhi, Abu Dhabi, Saudi Arabia and Kuala Lumpur.
Engineer I – Cost Control
1. Scope of Responsibilities
Operate as a part of a team of Cost Engineers in the preparation of project budget & cost control reports, understand project estimates, and provide necessary cost and budget information to the Project Management and Corporate Management.
2. Primary Duties
· Understand all project cost estimates including material, personnel and equipment costs and coordinate with the proposals and the project engineers to clarify on any discrepancies.
· Create a process of information flow with respect to each expense head, such as Equipment procurement, Logistics costs, Mobilization and demobilization of personnel, Material procurement and any other relevant costs.
· Monitor costs and generate variance reports as and when required and forward to the Project Director for his perusal. Carry out assessment of potential variations/claims from sub-contractors as well as other vendors.
· Submit reports on a periodic basis to the project management on the status of the costs incurred and the variations of the budgeted v/s actual.
· Assist in preparation of monthly internal and client cost reports.
· Participate in project review meetings and provide any cost related data as and when required by the members.
· Interface and provide clarification and guidance to the project engineers and Accounts and provide assistance wherever required.
· Perform related duties as and when directed by Direct Supervisor.
· Assist in preparation of Monthly invoices to client.
· Ensure that all reports are generated in compliance with HSE standards.
· Knowledge in ECOSYS is required
3. Job/Cost Impact
Leads the activities in ensuring that costs of projects do not exceed the budgeted value by bringing to attention as and when it occurs and take corrective action in conjunction with the project management team.
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