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Lead Cost Engineer
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Introduction
Brunel is a global provider of flexible workforce solutions and expertise, connecting specialists with clients across the globe. We deliver innovative services like Recruitment (people, talent, and training), Logistics (global mobility and travel), Technical Services (project support and setup) and Consultancy to our clients both globally and locally.
Brunel is now present in 40+ countries with over 12,000+ specialists, 120+ offices worldwide, and close to €1 billion (Revenue 2021).
What are you going to do
1)Develop and maintain a set of Project Cost Control procedures, guidelines and flow charts to meet project requirements along with standard cost reporting.2)Ensure cost data integrity and make sure cost information is accurately compiled and reported to Project Management to provide visibility on overall project cost status and performance.
3)Direct project team and provide guidance and expertise to Project Cost Engineers and ensure common understanding and standardized practice of cost control processes in terms of Value Of Work Done (VOWD) reporting, forecast updates, contractors’ change orders, trend and contingency management and expenditures allocation.4)Support the Business Division Manager and lead the financial input into Funding Packages submittals, e.g. Advance Commitments (ACs), Full Funding (FF), Supplementary Funding whenever required and recommend budget transfers to ensure that all necessary funding is provided and Project Cost At Completion is aligned with the approved budgets.
5)Development of Forecast cost estimates and preparation of annual Work Program and Budget (WP&B) taking full consideration of project scope, progress achieved and pending to complete scope.6)Develop and maintain Work Breakdown Structure (WBS) and Cost Breakdown Structure (CBS) for Onshore project.
7)Facilitate the monitoring of FEED and EPC contractors and project’s cost performance comparing to agreed control plans and recommends corrective plans as required during project execution with the appropriate PMT personnel. Monitor, review and endorse FEED and EPC Contractors deliverables in terms of VOWD reporting, Trend Management and Earned Value Analysis8)Advise Head Project Controls and Project Leadership Team of any potential cost issues as early enough to mitigate, provide guidance on corrective actions and measures to mitigate any adverse trends. In conjunction with Head Project Controls develop and implement corrective actions and recovery plans ensuring these are implemented in a timely manner.
9)Follow up Project Commitments in line with approved budgets and ensure all change orders are dully submitted (with regard to contractual compliance) and are subject to proper Management approval. Provide guidance to Procurement and Contracts teams for commitments’ WBS and CBS allocations.
3)Direct project team and provide guidance and expertise to Project Cost Engineers and ensure common understanding and standardized practice of cost control processes in terms of Value Of Work Done (VOWD) reporting, forecast updates, contractors’ change orders, trend and contingency management and expenditures allocation.4)Support the Business Division Manager and lead the financial input into Funding Packages submittals, e.g. Advance Commitments (ACs), Full Funding (FF), Supplementary Funding whenever required and recommend budget transfers to ensure that all necessary funding is provided and Project Cost At Completion is aligned with the approved budgets.
5)Development of Forecast cost estimates and preparation of annual Work Program and Budget (WP&B) taking full consideration of project scope, progress achieved and pending to complete scope.6)Develop and maintain Work Breakdown Structure (WBS) and Cost Breakdown Structure (CBS) for Onshore project.
7)Facilitate the monitoring of FEED and EPC contractors and project’s cost performance comparing to agreed control plans and recommends corrective plans as required during project execution with the appropriate PMT personnel. Monitor, review and endorse FEED and EPC Contractors deliverables in terms of VOWD reporting, Trend Management and Earned Value Analysis8)Advise Head Project Controls and Project Leadership Team of any potential cost issues as early enough to mitigate, provide guidance on corrective actions and measures to mitigate any adverse trends. In conjunction with Head Project Controls develop and implement corrective actions and recovery plans ensuring these are implemented in a timely manner.
9)Follow up Project Commitments in line with approved budgets and ensure all change orders are dully submitted (with regard to contractual compliance) and are subject to proper Management approval. Provide guidance to Procurement and Contracts teams for commitments’ WBS and CBS allocations.
Essential skills and knowledge
•12 years’ experience in Project Cost Control for EPC oil and gas capital projects, of which a minimum of 5 years is in field scheduling together with a thorough and extensive knowledge of Project Controls principles, theories and concepts. •Previous experience on major projects, from an Owner’s perspective, managing EPC Lump Sum Contracts, working with multi-lingual contract teams with large local subcontractors and mentoring Developees is required. Knowledge of Company practices, processes and expectations with respect to cost controls is desirable.•Experience required in working with ERP systems and Project Management systems (such as SAP or any other O&G ERP.•Bachelor Degree in Finance, Engineering, Construction Management related subjects or relevant experience.