Cost Engineer

1 month ago

Aberdeen, United Kingdom Thorpe Molloy McCulloch Recruitment Ltd Full time

6-month contract position to start as soon as possible, this may extend. You will work as part of a busy team in fast growing business. We are looking for experienced Cost Accountants/Engineers.

Main Duties and Responsibilities:

  • Recording daily costs using the project system.
  • Approving vendor CTR’s (cost, time, resource).
  • Checking and approving vendor invoices.
  • Supporting suppliers on any queries.
  • Ensuring all financial transactions are properly recorded and reporting is reliable and accurate.
  • Monitoring client purchase orders and tracking costs against these.
  • Creating client variation orders for projects.
  • Preparing daily, weekly and monthly estimated cost reports for the ongoing projects.
  • On award of new projects, creating the monthly project cost report structure which include actual and estimated costs to date as well as projections to completion, including variances against budget.
  • Performing 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.
  • Producing end of well cost reports and provide narrative to variances between reports
  • to provide analyses of the performance of projects over the project life.
  • Facilitating timely and accurate progress billing to customers in conjunction with the Finance and Project Teams.
  • Supporting continuous improvement of internal control and standard operating procedures.
  • Supporting the ongoing management of the ERP system and any project related system(s).
  • Supporting the tendering process as and when required.
  • Establishing a high level of credibility and managing strong working relationships with internal and external parties.

Applicants to this role require:

  • Experience in a similar role within the oil and gas industry, ideally with a rig contractor or operator.
  • Experience in supporting and developing ERP and operational systems.

TMM Recruitment INDFIN

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