Cost Engineer

1 day ago Be among the first 25 applicantsGet AI-powered advice on this job and more exclusive features.Direct message the job poster from Semco MaritimeRecruiter at Semco Maritime / PBS by PonticelliJob Type: Full-time (Mon-Fri), 6 Month ContractLocation: Aberdeen (Hybrid – 4 days in the office, Mon- Thu)PBS (Semco UK) are looking for a Cost Engineer or Senior Cost Engineer to join the team on a 6 month basis.This role is responsible for day-to-day financial control of assigned project/s ensuring adherence to budget and preparing cost estimates by analysing proposals.Details/duties:Oversee, monitor and control project costs throughout all phases of a project supporting the Project Manager and Project and Discipline Engineers of the assigned scopeCreate invoice documents, cost reports with supporting narrative, project phase reports and discipline level reports for both clients and internally for distributionFacilitate separate cost review meetings with Project Manager and client to ensure accurate forecasting and phasing within budgetIdentify potential overspends and action ‘Potential Change Orders’ to ensure timely and efficient management of changeReview and approve project purchase orders and invoices, ensuring costs are aligned with the project budget and that accurate cost coding is applied.Review and approve purchase and service requests ensuring sufficient budget is in place and correct cost coding assigned prior to commitmentLiaise with other departments including Planning, Engineering, Procurement and Construction to ensure the accuracy of cost phasing and forecasting, and maintain awareness of scope activities and their impact on the budget and scheduleReview and approve invoicingSupport with the commercial close out of the projectContribute to the continuous improvement of the cost control function and provision of robust financial reporting.Qualifications/Experience required:Previous experience of large project work within the O&G IndustryHNC, Highers or equivalent in finance, commercial or business-related subjectEssential: Demonstrable experience and knowledge of cost control, forecasting and reporting working on a large project and brownfield modificationsEssential: Understanding of cost control systems including reporting, forecasting and invoicingDesirable: Understanding of Project Management principles, change control and planning and risk managementDesirable: Commercial Awareness and an understanding of commercial terms and conditionsDesirable: Proficient in the use of Time Writing system, ideally MPowerSeniority levelSeniority levelAssociateEmployment typeEmployment typeContractJob functionJob functionFinanceIndustriesOil and GasReferrals increase your chances of interviewing at Semco Maritime by 2xSign in to set job alerts for “Cost Engineer” roles.Kintore, Scotland, United Kingdom 2 weeks agoOldmeldrum, Scotland, United Kingdom 3 weeks agoCost Manager/Quantity Surveyor - Energy & Natural ResourcesSenior Cost Manager - Energy & Natural ResourcesSenior Quantity Surveyor – Power and Renewables Sector – InverurieInverurie, Scotland, United Kingdom 2 weeks agoAberdeen, Scotland, United Kingdom £34,000.00-£38,000.00 1 month agoConsultant Electrical Engineer - Contract (outside IR35)Procurement and Commercial Manager - Benchmarking and Cost IntelligenceLead Project Engineer | Power and Renewables | Inverurie, AberdeenshireInverurie, Scotland, United Kingdom 2 weeks agoTemporary Rig Re-Certification Project EngineerWe’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI. #J-18808-Ljbffr