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Aberdeen

    Project Cost Engineer - Aberdeen, United Kingdom - Oceaneering

    Oceaneering
    Oceaneering Aberdeen, United Kingdom

    1 week ago

    Default job background
    Full time
    Description
    JOB DESCRIPTION

    Company Profile

    Oceaneering is a global provider of engineered services and products, primarily to the offshore energy industry. We develop products and services for use throughout the lifecycle of an offshore oilfield, from drilling to decommissioning. We operate the world's premier fleet of work class ROVs. Additionally, we are a leader in offshore oilfield maintenance services, umbilicals, subsea hardware, and tooling. We also use applied technology expertise to serve the defense, entertainment, material handling, aerospace, science, and renewable energy industries.

    Duties & Responsibilities

    Purpose

    Provision of an effective cost management and control service to the project management team, and the provision of accurate performance management information and reports required for internal and external stakeholders.

    Responsibilities include controlling supply chain costs, estimating expenses, assisting the project management team in making estimates, managing project variations, and calculating the cost impact potential risks. The role may also include the development of cost management guidelines and the development of junior cost engineers.

    Functions

    ESSENTIAL

    Cost Estimation and Analysis:

    ·Develop and maintain detailed project cost estimates, including materials, labour, equipment, and services. Ensure accuracy and alignment with project budgets.

    ·Analyse project specifications and drawings to identify cost-saving opportunities and recommend cost-effective alternatives.

    ·provision of accurate cost reports required for internal and external stakeholders.

    Risk Assessment and Mitigation:

    ·Play an active part in the risk management process and evaluate potential risks related to cost overruns, delays, and resource shortages.

    ·Collaborate with project teams to develop cost risk mitigation strategies.

    Budget Control and Monitoring and Interface with Finance team:

    ·Work with the OPG Finance team to monitor project expenditures, track actual costs against estimates, and identify deviations

    ·Working with the OPG Finance teams to process project cost data and provide input into the Oceaneering financial systems.

    ·Ensure accurate monthly accruals submitted to Finance.

    ·Provide variance analysis to Finance.

    Provide accurate, timely reports on cost performance to project managers

    Change Management:

    ·Assist in managing changes to project scope, schedule, and budget.

    ·Evaluate the impact of change orders on project costs.

    Vendor and Supplier Coordination:

    ·Work closely with SCM to negotiate costs and ensure competitive vendor/supplier pricing, and accurately track 3rd party commitment and spend.

    ·Evaluate supplier bids and proposals for cost-effectiveness and alignment to budget.

    Project Documentation:

    ·Maintain accurate records of cost data, contracts, and invoices.

    ·Prepare cost-related documentation for customer audits and regulatory compliance.

    ·Provide input into the development of cost control procedures

    Qualifications

    Qualifications

    REQUIRED

    ·Substantial & proven experience of working in a project's environment and/or relevant training in a cost management role

    ·Extensive knowledge of Microsoft Word, Excel, and PowerPoint.

    DESIRED

    Closing Statement

    We offer a competitive salary, a comprehensive benefits package and the opportunity to advance in an international company.

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