Cost Engineer

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Company Overview:
Join a dynamic and innovative project delivery team in Aberdeen, operating at the forefront of the Oil and Gas industry. We are committed to excellence in project execution, ensuring timely delivery and cost-effectiveness while maintaining the highest standards of quality and safety. As a Senior Cost Engineer, you will play a crucial role in overseeing the financial aspects of medium-sized projects, contributing to the success and profitability of our ventures.

Responsibilities:

• Assume the role of a senior cost engineer for two standalone medium-sized projects, reporting directly to the Lead Cost Engineer.
• Develop, maintain, and monitor comprehensive cost reports and associated documentation throughout the project lifecycle.
• Generate and analyze monthly Value of Work Done (VOWD) reports to track project progress and financial performance.
• Prepare and maintain detailed cost reports tailored to the specific requirements of each project.
• Conduct thorough variance analysis on budget, actuals, and forecasts to identify trends, discrepancies, and opportunities for improvement.
• Assist in the establishment and upkeep of project cost reporting systems and procedures to ensure accuracy, consistency, and compliance.
• Deliver meticulously detailed and robust cost reports to stakeholders, facilitating informed decision-making and risk management.
• Champion and uphold the Company’s change control procedures, ensuring transparency and accountability in cost management practices.
• Provide dedicated support to the Lead Cost Engineer in fulfilling contract-specific reporting obligations and tasks.

Qualifications:

• Hold a Higher National Certificate (HNC) or possess relevant experience in cost engineering or related fields.
• Demonstrated experience in cost management, preferably within the Oil and Gas industry, showcasing a strong understanding of industry-specific challenges and dynamics.
• Proven ability to thrive in fast-paced environments and deliver results under tight deadlines without compromising quality or accuracy.
• Excellent communication skills, with the capacity to effectively liaise with project teams, third-party stakeholders, and clients to align on standards, systems, and processes.
• Aptitude for proposing and implementing process improvements and innovations to optimize cost management practices and enhance project efficiency.
• Track record of identifying and contributing to cost-related improvement initiatives, driving continuous enhancement of financial performance and project outcomes.
• Proficient in IT tools and software, particularly Microsoft packages such as Word and Excel; familiarity with project cost management software, such as EcoSys, is advantageous.
• Strong analytical mindset, attention to detail, and problem-solving skills, enabling proactive identification and resolution of cost-related issues and challenges.

Sector: Commercial, Admin & Office Support

"The First team are highly experienced and knowledgeable across the recruitment spectrum and operate in the manner you would expect of a professional outfit of their stature. Their attention to detail and approach is faultless and their commitment and drive has helped our business with unique, complex and difficult recruitment requirements.

"Sarah, our Account Manager, is an incisive thinker as well as hardworking, diligent and reliable and has an extremely helpful and flexible approach to her work. This reflects in her team and with their ability to communicate at all levels in an honest and trusted consultative manner and gives us great faith in their ability to identify candidates who can help us to drive forward and achieve our business goals.

"I have no hesitation in recommending First as a recruitment partner and feel they would be worthy of selection for any engineering or manufacturing business looking for an intelligent and innovative solution."

Nuvia

“There is nothing negative about the service that we’ve received from First. Without fail they have produced positive feedback. The fact that they have placed a diverse range of skills from PA's to Engineers, just goes to show that they have the core skills, intelligence, and initiative that make them great recruiters, and preferred partners.”

Multi-Sector Client

"It’s great to work with a recruitment agency we trust. The team at First Recruitment Group are friendly and straight talking and they continue to provide an excellent service. We’re proud to still be working with them after 20 years."

“We have required anumber of Quality Assurance/Quality Control candidates within the NuclearIndustry. Since early 2016 First Recruitment Group have provided a number ofQA/QC professionals in locations across the UK.

“We have been verypleased with both the quality of supply and the customer service demonstratedand will continue to use their professional services in the future.”

“I have worked with First Recruitment Group as my partner ofchoice across a number of large and challenging Oil & Gas projectsinternationally over recent years.

“First are a high performing business who are built oncredibility, honesty, expertise.

“As we push the frontiers of projects and move in to moreand more challenging and locations, First will continue to be my partner ofchoice to help us deliver our projects with confidence.”

TechnipFMC

"I have had the pleasure of working with First Recruitment Group over recent years and we have formed a great working relationship. Their understanding of our exacting requirements is outstanding.

"The First team are highly experienced and knowledgeable across the recruitment spectrum and operate in the manner you would expect of a professional outfit of their stature. Their attention to detail and approach is faultless and their commitment and drive has helped our business with unique, complex and difficult recruitment requirements.

"Sarah, our Account Manager, is an incisive thinker as well as hardworking, diligent and reliable and has an extremely helpful and flexible approach to her work. This reflects in her team and with their ability to communicate at all levels in an honest and trusted consultative manner and gives us great faith in their ability to identify candidates who can help us to drive forward and achieve our business goals.

"I have no hesitation in recommending First as a recruitment partner and feel they would be worthy of selection for any engineering or manufacturing business looking for an intelligent and innovative solution."

Nuvia

“There is nothing negative about the service that we’ve received from First. Without fail they have produced positive feedback. The fact that they have placed a diverse range of skills from PA's to Engineers, just goes to show that they have the core skills, intelligence, and initiative that make them great recruiters, and preferred partners.”

Multi-Sector Client

"It’s great to work with a recruitment agency we trust. The team at First Recruitment Group are friendly and straight talking and they continue to provide an excellent service. We’re proud to still be working with them after 20 years."

“We have required anumber of Quality Assurance/Quality Control candidates within the NuclearIndustry. Since early 2016 First Recruitment Group have provided a number ofQA/QC professionals in locations across the UK.

“We have been verypleased with both the quality of supply and the customer service demonstratedand will continue to use their professional services in the future.”

“I have worked with First Recruitment Group as my partner ofchoice across a number of large and challenging Oil & Gas projectsinternationally over recent years.

“First are a high performing business who are built oncredibility, honesty, expertise.

“As we push the frontiers of projects and move in to moreand more challenging and locations, First will continue to be my partner ofchoice to help us deliver our projects with confidence.”

TechnipFMC

"I have had the pleasure of working with First Recruitment Group over recent years and we have formed a great working relationship. Their understanding of our exacting requirements is outstanding.

"The First team are highly experienced and knowledgeable across the recruitment spectrum and operate in the manner you would expect of a professional outfit of their stature. Their attention to detail and approach is faultless and their commitment and drive has helped our business with unique, complex and difficult recruitment requirements.

"Sarah, our Account Manager, is an incisive thinker as well as hardworking, diligent and reliable and has an extremely helpful and flexible approach to her work. This reflects in her team and with their ability to communicate at all levels in an honest and trusted consultative manner and gives us great faith in their ability to identify candidates who can help us to drive forward and achieve our business goals.

"I have no hesitation in recommending First as a recruitment partner and feel they would be worthy of selection for any engineering or manufacturing business looking for an intelligent and innovative solution."

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