Risk Engineer

4 weeks ago


Aberdeen, United Kingdom Well-Safe Solutions Full time

6 month contract
The Cost Engineer will report directly to the Project Accountant.
The Cost Engineer role is responsible for recording, monitoring, and reporting the correct costs to projects. The role also provides support to the projects department in raising Variation Orders and providing daily and weekly cost reports to clients. The role will also involve monthly reporting on each project, including variance analyses, estimate to complete forecasting and narrative of a project’s performance to date and to completion.
form a close working relationship with the Project Accounting Lead, Financial Controller, Project Manager, and the finance team
record daily costs using the project system
ensure all financial transactions are properly recorded and reporting is reliable and accurate
create client Variation Orders for projects
prepare daily, weekly and monthly estimated cost reports for the ongoing projects
on award of new projects create the monthly project cost report structure which include actual and estimated costs to date as well as projections to completion, including variances against budget
perform month-end accounting activities such as producing project cost reports, ensuring all costs are recorded correctly and performing any project close out routines as required
to provide analyses of the performance of projects over the project life
facilitate timely and accurate progress billing to customers in conjunction with the finance and project teams
support the ongoing management of the ERP system and any project related system(s)
perform other duties, complete additional tasks and support ad hoc projects as required
to ensure all project costs are recorded and are monitored and managed to a high degree of accuracy and all project reporting is completed in a timely manner
to ensure that financial and project systems are effective, robust, and compliant
to ensure that internal policies and procedures are maintained and effective
to ensure that there is effective, accurate and timely reporting to the finance, projects, and technical teams with timely billing of invoices
that the assets of the company are protected and safeguarded
regular and accurate reporting to the Financial Controller and Project Manager
The company reserves the right to amend or change the activities listed, taking into account the job holder’s qualifications and experience to enable the business needs to be met.
3+ years’ experience in a similar role within the Oil & Gas industry either with a rig contractor or operator
~ proficient use of ERP systems, Office 365 and advanced Excel skills
~ experience of Microsoft Business Central


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