Cenergy is the most dependable source of workforce solutions in the oil and gas industry. We provide specialized energy personnel, safety services, rig inspection, logistics optimization and vendor management. We're dedicated to delivering the right people, with the right knowledge and experience, anywhere in the world.
Partnering with our client, we are currently searching for a Project Controls-Cost Engineer.
Responsibilities:
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Implement, administer and maintain cost control systems and procedures to track and report the project budgets, commitments, expenditures, and forecasts.
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Support the development of cost loaded schedules and portfolios for remediation and decommissioning projects.
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Facilitate project planning meetings to create a work breakdown structure (WBS) based on the company's standard, develop project schedules, load costs, and assist the team in developing a time phased budget.
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Support the ongoing use of cost loaded schedules to track project performance using earned value management and make project plan adjustments where needed.
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Support business reporting where needed, including regular updates to Business Unit forecasts, milestone registers, and cost savings reports.
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Requires field visits for validation of project progress.
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Support/ interface and train suppliers who contribute to the Cost Engineering process by serving as a first line of support to offer guidance and assistance.
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Develop ad-hoc cost reports to establish annual budgets, project progress, expenditures booked and forecast for each year, and generate annual cash flow assessments per the annual budget.
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Configure, maintain and administer the cost control system while ensuring effective interfaces between cost controls systems and the project accounting system (SAP).
Essentials:
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Eligible to work for any employer in the United States without visa sponsorship.
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A minimum of 5 years related experience.
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Bachelor's degree is preferred.
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AACE International certification as a Planning & Scheduling Professional (PSP); Earned Value Professional (EVP); Certified Cost Consultant (CCC) and/or as a Certified Cost Engineer (CCE) is preferred but not necessary.
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Previously assisted in the development of Work Breakdown Structures (WBS) and Cost Breakdown Structures (CBS) as basis for project budgeting and forecasting.
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Solid understanding of cost control disciplines and can formulate equations for calculations such as CPI, Earned Value, billing actuals, accruals, real time cost and commitments.
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Auditable history of generating cost reports for a queue of at least (25) active projects and preferably a planned budget of at least $25MM.
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High level of competency in Microsoft Excel, SAP or equivalent accounting systems.
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Conceptual capacity to function on a technical team in a fast paced environment and with multiple sectors of stakeholders and suppliers.
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Developed ad-hoc cost reports to establish AFE budgets, project progress, expenditures booked, and forecasted spending for each project AFE.
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Previous experience coordinating the preparation of project cost estimates, and can ensure that the cost estimates reflect project WBS and the AFE funding strategy.
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Has allocated budgets in KCM or like software based upon the WBS and the project cost estimate.
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Has worked with a team to breakdown the cost estimate per the WBS.
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Has recorded and monitored all projected spending and commitments made against the project budgets; including the project personnel costs, direct company costs, third party contracts, studies and other costs.
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Has coordinated the WBS set-up and budgets with the project schedule work tasks to ensure recognition of cost and/or schedule changes and proper reflection of changes in all cost reports and in the project schedule.
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