Cost Estimation Specialist

Job description: Job Purpose
  • Provide specialist cost engineering support and analysis to the Maintenance and Operations departments to ensure uninterrupted operation of the plant and smooth execution of projects.

Key Job Accountabilities
  • Perform Work Program & Budget (WP&B) exercises to maintain valid cost centres and activities lists to ensure accurate long-term predictive analysis and forecasting.

  • Coordinate the annual forecasts/budgets and provide details based on work plans, scheduling, and cost estimation analysis to the Finance Department during each budget cycle to assist with annual forecasting and budgeting.

  • Develop and coordinate best practice cost estimation models for shutdowns and turnarounds and oversee cost estimation activities to enhance cost optimization and efficiency.

  • Facilitate submission of data for the yearly Onshore Operations and Maintenance benchmarking exercise.

  • Provide high-quality cost and contracting services by maintaining communication with all customers at the management level.

  • Provide accurate cost inputs to the Insurance Claim Management team in coordination with subject matter experts to support the successful filing of Company insurance claims.

  • Provide support to the Operations and Maintenance Technical & Disciplines team to develop long-term contracts estimates and Asset allocations.

  • Assist and monitor the management of change process to identify the cost impact of proposed changes and ensure incorporation into financial and budgetary forecasts.

  • Develop lessons learned initiatives with other shareholders and organisations. Track and follow up on the status of action plan implementation.

  • Assist in ensuring procedures are correct and support consistent cost analysis and reporting that adheres to Company standards.

Qualifications
  • Bachelor’s degree in Engineering, Science, Accounting or Management.
Knowledge and/or Experience
  • 8 years’ experience in a cost and contracts management environment within the oil and gas industry.

Technical and Business Skills 
  • Proficient in written and spoken English.

  • Good knowledge of SAP (cross module MM, PM, FI, CO).

  • Proficient in the use of MS Office Suite

  • Strong analytical and reasoning skills.

  • Knowledge of contract law, industry practice, and Total Cost Management concepts and terminologies.

Post date: 11 September 2024
Publisher: LinkedIn
Post date: 11 September 2024
Publisher: LinkedIn