Senior Cost Engineer

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Senior Cost Engineer

Leading Employer in the Oil & Gas Industry

Job Objective

  • Understand all relevant documentation pertaining to the project including scope of services, conditions of contract, project execution plan, project schedule, etc.
  • Work within standard project cost engineering procedures. Ensure that these procedures comply with contractual reporting requirements and, if not, modify accordingly.
  • Prepare activity plans to accomplish all work required by the procedures.
  • Liaise with client project control personnel as necessary.
  • Prepare manhour, material quantity and cost budgets from the cost estimate and update them on approval of contract changes and budget transfers.
  • Disseminate budget information to all operating groups, providing clarification and additional information where required and ascertaining commitment to budgets as the cost target.
  • Generally instill cost awareness in the project organisation such that capital costs are controlled and changes to workscope are identified and quantified.
  • Obtain from operating groups, the latest information pertinent to cost analysis and ensure its accuracy and completeness. Attend meetings concerning cost matters.
  • Maintain a comprehensive material and construction quantity control and reporting system to include the current status of budget, material take-off and forecast quantities.
  • Liaise with Project Planning Engineer on analysis of project status. Review the impact of cost and schedule changes upon each other.
  • Identify and analyse deviations and trends against the budgets. Investigate such deviations with the relevant group and advise Project Manager of issues requiring corrective action.
  • Establish and maintain all cost recording documentation. Provide comprehensive cost analysis and prepare forecasts of final project costs.
  • Liaise with Field Cost Engineer/Construction/Site Manager and review field cost reports and associated information for inclusion in the overall project cost report.
  • Review overall project status and forecast with Project Manager each month.
  • Prepare monthly cost reports with supporting narratives.
  • Prepare and issue monthly cost action reports to the Project Manager to include cost report summaries, exclusions, potential cost problems and recommend corrective actions.
  • Prepare monthly Project Cost Report and associated back-up for review with Project Manager, HOD Cost Engineer and Project Controls Manager as necessary.
  • Prepare quarterly (CPR) and associated back up for review with Project Manager, HOD Cost Engineer, Project Controls Manager, and Executive and Corporate Representatives as necessary
  • Audit of invoices and payment certificates prior to payment by either the client or company accounts.
  • Ensure reconciliation between project cost report and accounts cost and billing information.
  • Prepare final project statistics and advise effectiveness of procedures and systems for possible development on future projects.
  • When nominated, act as a sponsor to trainees, regularly review their progress and make periodic reports to the Manager Project Controls.
  • Perform any other functions as directed by the HOD Cost Engineer

Responsibilities / Key Objectives:

  • To provide a cost engineering service (in accordance with contract execution procedures) to both project and corporate management for home office and external (i.e. field) activities.

  • HSSE & QA Responsibilities

  • Ensures that all civil / structural engineering work on assigned projects is carried out in accordance with the requirements of the Engineering Professions Act, 2000.
  • To provide a cost engineering service (in accordance with contract execution procedures) to both project and corporate management for home office and external (i.e. field) activities.
  • Carries out, or participates in, discipline (technical) audits on civil engineering work carried out on projects.
  • Provides positive and demonstrated leadership on HSSE & QA issues within area of operation.
  • Reads, understands and implements the HSSE & QA policies, procedures and Beyond Zero programme.
  • Promotes an enthusiastic HSSE & QA culture that delivers positive commitment to and engages all employees in continuous improvement in business performance.
  • Monitors personnel under his/her area of control comply with their individual responsibilities to HSSE & QA matters.
  • Demonstrates on-going commitment to all relevant QA requirements as published to the organisations Integrated Quality Management System.
  • Participates in internal and external audits, and responds with relevant corrective action.
  • Demonstrates commitment in resolving HSSE & QA non-conformances.

Working Relationships


  • Engineering
  • Procurement
  • Contracts Administration
  • Planning
  • Finance

  • External

  • Client Project Controls Representative
  • Client Cost Engineering Representative

Person Specification


  • National Diploma in in the finance, commerce, accounting fields or equivalent or
  • Sufficient relevant experience over and above that stated below, in lieu of qualification requirements

  • Desirable

  • BCom Degree in the finance, commerce, accounting fields or equivalent.

  • Knowledge, skills and experience

  • Minimum 3 years industry experience.
  • Minimum 5 years cost engineering experience

  • Desirable

  • Advanced user of MS Excel, MS Access,
  • Exposure to, and understanding of the engineering

  • Personal attributes

  • Excellent organisational skills
  • Excellent communication skills.
  • Work well within a team environment

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