Snr Cost Engineer by Tullow Oil
Tullow Oil View all jobs
- Accra
- Permanent
- Full-time
- Responsible for compiling Budgets - Corporate and Joint Venture (including preparation of Budget inputs required for approval) as per Group and JV guidelines
- Prepare cost performance and planning reports (VOWD, forecast, Estimate to Complete actuals, etc)
- Cost analysis, cost controls and reporting activities for OPEX and CAPEX projects.
- Ensure there is accurate monitoring in place for actual spend against budgets, analyse deviations, and recommend remedial actions.
- Prepare and report cost engineering information monthly and additional ad-hoc reports as required by budget holders/Management.
- Assist Budget Holders integrate cost management and activity planning
- Ensure accurate cost tracking and progress measurement systems are in place for all departments
- Coordinates cost down efforts by working closely with budget holders on establishing targets, and comparing to the estimates or recommended target cost
- Provide expenditure phasing and projections in line with schedules and contract compensations terms and conditions.
- Proactively advise management when forecasted costs exceed the approved budget.
- Prepare AFEs and submit to JV Management for internal and external approval.
- Analyse contractors' cost reports and extract required data for management reporting.
- Ensure accurate tracking of all Purchase Orders (POs) and advise budget holders before POs and budgets are overspent in liaison with Contract and Procurement representatives
- Provide Value of Work Done assessment based on established progress system & contractor reports.
- Initiates appropriate action when total forecast indicates allocated funds will be exceeded.
- Ability to multi-task simultaneously.
- Knowledge and application of Cost and Planning Engineering principles.
- Good knowledge of planning, cost management and reporting systems together with ability to consolidate project data from several sources for overall presentation
- Highly proficient in Microsoft Office Suite, especially, Excel.
- Knowledge of design and implementation of projects preferably in the offshore oil and gas industry.
- Working experience with established cost management and planning software
- Engineering degree or equivalent project controls experience
- Minimum of 10 years of Cost Engineering experience preferably in the offshore oil and gas industry.
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