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FSO Project Cost Engineer / Qatar
Added: | 2019-06-21 |
Location: | Qatar |
Salary: | Negotiable |
Duration: | Contract |
Apjid | 3 |
Our client an Oil & Gas Exploration & Production Company is looking for a role of FSO Project Cost Engineer, based in Qatar
ACTIVITIES
To promote & comply with applicable safety instruction and other Company HSE procedures in all activities
To carry out work in compliance with Company values and policies, relevant laws and regulations, agreed Company priorities and objectives, Company standards and procedures and good industry practices
To treat all information obtained during course of the work with confidentiality
Tender
To support in preparation of Contract documents and provide challenge to the commercial and reimbursable terms, ensure CBS is aligned with WBS etc.
To support in commercial evaluation of the tender proposals
To liaise with VP, Project managers and B&D entity to review Cost Estimate based on benchmark data
To support in performing quantitative Cost Risk Analysis of the available proposals for each project
To support in preparing project CAPEX for Final Investment Decision
Budget
To prepare for review dedicated LOP and LTP data for each project
To prepare for review the detailed annual budget and updates in liaison with various internal entities and in agreement with the CLIENT budget standard format provided by finance
To participate in the presentation and to defend the budget performance as required
To control budget availability for each commitment
To ensure budget control, highlighting current trends and to justify variances between Forecast and Budget
To establish register, to update, monitor and control the commitments, expenditure incurred and forecast for all contracts and purchase orders managed by Major Projects
To perform specific Cost Analysis
To provide input to the PALM (SAP) system, with regard to commitments, payment schedules, invoicing, time sheets and cost control issues, as required
Liaise with the CLIENT Finance entity to ensure that G&A and other common costs are charged fairly to the Major Project budgets
Closure:
To prepare the monthly closure and make sure accruals done in PALM system are in accordance with current project(s) progress
To prepare all necessary documents as necessary for compliance regarding accruals
Cost reporting:
To issue a detailed internal and external monthly cost report (Trends, Areas of Concern, Budget Variance analysis, Commitment/Expenditure figures, Forecast at completion etc.) with comments and advise Project Management on cost over-runs in a timely manner
To ensure correct and auditable records of all matters with Project expenditures, contracts, budgets, cash flows, forecasts, etc.
To act as the interface with the CLIENT Finance entity and provide them with data for incorporation in corporate financial documents
To supervise the contractors and suppliers cost control activities
Invoicing:
To implement an efficient invoicing process between the different locations of each project
To monitor invoices, in liaison with CLIENT accounting department to enable timely payment of invoices
Organization:
To develop, communicate and implement procedures to ensure the efficient organization and operation of the Project budget and cost control activities
To manage the cost control team and make sure that a high quality of cost analysis is regularly provided by the team
To advise, during project setup post award, contractors on key commercial requirements (invoicing format and submission, cost reporting etc.)
To anticipate additional requirement for cost control support during execution of the project(s)
General:
To promote cost consciousness within the entity
To ensure confidentially is being kept as per sensitive data
To liaise with internal and external auditors for cost justification
To prepare the required cost recovery related documentation
To liaise actively with CLIENT Finance entity for all matters related to cost and accounting as required (Commitments, invoice processing and payment, accruals, payment claims and disputes...)
To prepare commercial close out of each contract and archive all financial documentation as per CLIENT guidelines
To carry out any other duties or tasks that may be assigned by hierarchical superiors
QUALIFICATIONS & EXPERIENCE REQUIRED
Degree in Economics or equivalent
Minimum 15 to 20 years' experience in similar activities for Oil & Gas projects.
Advanced knowledge & experience in use of relevant computer systems (SAP, Excel, Word, PowerPoint)
Mastery of EPC Contracts mechanisms