Job Title: Senior Cost Engineer
Location: Lagos, Nigeria
Employment Type: Full-time
Overall Purpose of the Job
- To provide complete suite of cost engineering services and financial support for projects involving development of cost management models, preparation and/or review and endorsement cost estimates of different levels of accuracy and control services throughout the project lifecycle for value optimization.
Principal Accountabilities
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- Develop the project cost management strategy, plans and procedures. Implement project-wide cost measurement and reporting system, including roll-up levels and reporting cycle calendar.
- Identify and evaluate new technologies, cost models and tools for estimating CAPEX & OPEX costs and, if appropriate, progress and manage use in current assets and in new projects under development. Review existing cost systems and methods and recommend actions to correct deficiencies.
- Coordinate development and implementation of work breakdown structure (WBS) / cost breakdown structure (CBS) in concert with Planning/Scheduling Engineer.
- Collect and compile progress and cost data, and develop cost-control worksheets and reports for review by delivery teams;
- Provide cost estimating expertise, procedures and review capabilities, including cost estimating and risk, uncertainty and sensitivity analyses.
- Review financial data related to accruals, invoice payments, purchase orders and material deliveries and other financial data;
- Coordinate and develop project annual-spend projections, cost reconciliations and variance analyses;
- Work with PMT and accounting function to ensure adequate financial controls including preparation of AFE.
- Support Asset Owners and PMT with cost estimates during budgeting and performance activity with JV. Develop and issue various reports to appropriate stakeholders.
- Perform complete analysis and cost validations using internal and external benchmarking data, historical indices, and component benchmarking.
Job Knowledge and Qualifications
- Technical graduate, membership of a professional body of Cost Engineers desirable.
- Working knowledge of a broad range of Cost Estimating Systems, Tools and Practices.
- A minimum of 10 years’ experience in an E&P major projects environment.
- A minimum of 8 years’ experience in Cost Estimating
- Extensive experience of EPC contract management.
- Excellent inter-personal and leadership skill with good communication skills (written and verbal) are essential.
- Team player and leader
- Working knowledge of a broad range of Cost Estimating Systems, Tools and Practices.
- Good inter-personal and leadership skills.
- Good communications skills (i.e. report writing and presentation) are essential.
Application Closing Date
Not Specified.
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Job Features
Job Category | Engineering / Technical |