Senior Cost Analyst

1 month ago

Aberdeen, Aberdeen City, United Kingdom Strategic Resources European Recruitment Consultants Ltd Full time

SENIOR COST ANALYST

Our client, a Major Oil and Gas Operator is seeking an experienced Cost Analyst. This is a PAYE contract role based in Aberdeen with a hybrid working model available.

CONTEXT:

The Senior Cost Analyst provides estimating, budgeting and cost control and high level planning support functions to the Company, ensuring that appropriate decisions are taken with full knowledge of budget and cost impact. The value to the Company of this position is in the development and monitoring of budgets, analysis of actual spend, forecasting of future spend and the ability to challenge costs at every stage. These points are fundamental and essential in enabling the Company to accurately plan and budget for the future.

CRITICAL CONTACTS:

Asset Cost Leads, Manager, Team Leaders, Management Reporting and Budget Leader, JV Partners and Auditors

MAIN ACTIVITIES:

Demonstrate personal commitment to the client's Policies.

Optimise safe working practices in the development of operational programmes in compliance with Company Rules. Be familiar with derogations, management of change and company rules. Liaise with the Examiner to ensure programs are in line with the Examination Scheme.

Participates in risk assessments, HAZOPs or HAZIDs when required.

Maintains awareness of and ensures compliance with all relevant Statutory and Company HSE standards

Provides engineering and technical solutions by positively participating in multi-disciplinary teams in planning preparation, peer reviews, risk assessment & execution of operations in a timely manner

Prepare well intervention designs / programmes / end of well reports & co-ordinate other specialist inputs

Undertake technical studies & apply technical skills with innovative thinking to obtain positive outcomes: propose changes & / or innovations with properly identified risks & expected benefits

Interfaces appropriately with Assets and other entities to ensure requests are promptly and accurately prepared

Active participation in performance monitoring, analysis and reporting.

Works with Superintendents to ensure that all services are planned and performed in a safe manner, to the required standard using good oilfield practice.

Develops estimated cost and duration, for interventions or elements of specific operations. Follows the status of contracts: and expenditures.

Initiates and prepare CFTs with concerned personnel when required.

Aa required, perform visits and audits of service companies. With a Focus on contractor equipment and Company owned equipment stored by the Services companies.

Follows up and reviews the lessons learnt.

Actively Pursue New Technology

Perform offshore visits as required to support offshore operations.

SPECIFIC REQUIREMENTS:

Degree holder and qualified accountant (CIMA) (preferred)

Experience gained in the oil industry in a business and commercial or finance environment

Good understanding of the technical operations within the oil and gas industry

Excellent analytical skills and a sound knowledge of financial analysis techniques and economic measures

Experience of budget preparation, cost control and planning within a large organisation

Knowledge of Accounting and Reporting standards

Computer literate with experience of various applications (primarily SAP, Excel and Powerpoint)

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