Engineer I Cost Control
1 month ago
We design, build, manage and maintain infrastructure for our clients. We recruit, reward, and develop our people based on merit regardless of race, nationality, religion, gender, age, sexual orientation, marital status or disability. We value our people and treat everyone who works for or with Petrofac fairly and without discrimination.
The world is re-thinking its energy supply and energy security needs; planning for a phased transition to alternative energy sources. We are here to help our clients meet these evolving energy needs.
This is an exciting time to join us on this journey.
We support flexible working requests and have adopted a hybrid approach for most of our office-based roles. We ask employees to be present in the office at least three days per week.
Are you ready to bring the right energy to Petrofac and help us deliver a better future for everyone?
JOB TITLE: MECHANICAL TECHNICIAN
KEY RESPONSIBILITIES: Operate as a part of a team of Cost Engineers in the preparation of: Project budgets Periodic Forecast Monthly cost and variance reports Monthly Sales and Cost Accruals to Finance for month end closing Cost optimization initiatives Act as POC for budget for PMs/PDs Provide input to Estimators on actual cost for future estimate Understand and analyze all project cost estimates including material, personnel and equipment costs and coordinatewith 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 Managers/Project Director for his perusal. Carry out assessment of potential variations/claims from sub-contractors as well as othervendors. Submit reports on a periodic basis to the project management on the status of the costs incurred and thevariations 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 themembers. Interface and provide clarification and guidance to the project engineers and Accounts and provide assistance wherever required. Provide monthly Sales and Cost Accrual to Finance team for monthly closing . 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. 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. Decision Making Authority Decisions limited to generating relevant reports for effective cost management of projects. Consults with supervisor on key issues. ESSENTIAL QUALIFICATIONS AND SKILLS: 8 years as Cost Engineers with Oil and Gas Contracting Company Experience in lumpsum Operations, Maintenance projects Engineering Projects PMC Projects Strong commercial/financial acumen Strong communication skills Team player and ability and confidence to work with senior level in the organisation Bachelor of Engineering/ Finance/Commercial Additional Information
Petrofac
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