Your role
Our Oil & Energy (Downstream) is looking for Cost Engineer who will be responsible for supporting the delivery of standard, consistent and robust cost management frameworks, and procedure. You will assist with the roll-out of the company standard tools and processes and apply them to turnaround events. You will support the implementation of turnaround event Cost Breakdown Structures (CBS) in alignment with company and Downstream recommended practices, the estimate breakdown and Primavera (as applicable). You will support the set up in SAP Blueprint (Upgrader) and GSAP (Refinery/Chemicals) with CBS and budget information accordingly.
Specific activities may include work order creation and closure, Purchase Order (PO) status report generation (from GSAP, Blueprint (BP) and TRACK), BP/GSAP cost reporting generation, productivity reporting, support of Forecaster tool for cost forecasting, and the review, follow up and approval of Craft Team Member (CTM) time-writing.
- Support implementation of Cost Control processes consistent with Cient procedures for: commitment capture, VOWD (Value of Work Done), cost forecasting/phasing and earned value management. Establish cost report content and frequency, prepare, and conduct budget holder reviews, and publish reporting. Support Contracting & Procurement group by providing detailed cost and performance analysis.
- Monitor the work hour consumption and associated cost of contractor activities against contractual targets such that potential deviations are identified, and the appropriate corrective actions are taken. Connect with Field Leads, as needed, to validate physical progress and productivity. Act as a focal point for the contractor offboarding plans and ensure changes are captured via the change management process.
- Deliver accurate and high-quality monthly Latest Estimate forecasts for turnaround events. Maintain and promote realism in the cost forecasts in the face of commercial pressure and optimism from turnaround teams.
- Assist in the maintenance of change/trend management and contingency management: ensure that appropriate changes/trends are reflected in the regular cost forecast updates. Prepare forecasts and review with budget holders. Establish linkage between change/trend management and contingency management, perform the contingency drawdown and ensure accurate current status is reflected in reports.
- Cost reporting: generation of accurate cost reports, including variances from the plan on commitment, VOWD, management of changes and against approved budget. Support preparation of cost reporting in Power Bi dashboard.
- Maintain consistency in cost basis through rigorous adherence to the controls processes.
- Participate and comply with all safety programs.
- Assist with the continuous improvement and implementation of standardized work processes for effective cost control.
- Stay current with mandatory training.
- HSSE considerations {add any HSSE items relevant to scope of work}All work completed will be as per the Client HSSE controls and practiced with overall compliance to Client HSSE Control Framework. The staff conducting the work in TAO will have access to key HSSE documents and tools, will be trained in the relevant areas as it relates to their scope of work and participate in the required Client safety meetings
You are what we are looking for if you:
- Have Bachelor's degree in Mechanical Engineering
- Have minimum 1-2 years of relevant experience in cost control, portfolio management, CAPEX projects, and project forecast in oil and gas (downstream/chemical) industry
- Are knowledgeable on Microsoft Office, PowerBI, SAP, Solidworks, and MATLAB
