Junior Cost Engineer wanted Asap: APPLY HERE
Overview / Responsibilities
Wood is currently recruiting for a Junior Cost Engineer with tertiary education in Finance / Accounting on a 12-month contract basis.
Key Accountabilities & Responsibilities:
Understand all relevant documentation pertaining to the project including the scope of services, conditions of the contract, project execution plan, project schedule, etc.
Be familiar with the corporate standard project cost engineering procedures or project-specific procedures where these exist. Check that these procedures comply with contractual reporting requirements and, if not, bring it to the attention of the Senior or Lead Cost Engineer
Liaise with client project control personnel as necessary under the guidance of the Senior or Lead Cost Engineer
Prepare manhour, material quantity and cost budgets from the cost estimate under the guidance of the Senior or Lead Cost Engineer 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
Obtain from operating groups, the latest information pertinent to cost analysis and ensure its accuracy and completeness. Attend meetings concerning cost matters
Identify and analyze deviations and trends against the budgets. Investigate such deviations as directed by the Senior or Lead Cost Engineer
Establish and maintain all cost recording documentation
Liaise with Field Cost Engineer / Construction / Site Manager and review field cost reports and associated information for inclusion in the overall project cost report when applicable
Review overall project status and forecast with Project Manager each month under the guidance of the Senior or Lead Cost Engineer
Prepare monthly cost reports with supporting narratives for review by the Senior or Lead Cost Engineer
Prepare and issue monthly cost action reports to the Senior or Lead Cost Engineer to include cost report summaries, exclusions, and potential cost problems
Prepare monthly Project Cost Report and associated back – up for review with the Senior or Lead Cost Engineer
Prepare quarterly Contract Profit reports (CPR) and associated back up for review with the Senior or Lead Cost Engineer and attend reviews with the Project Manager, Project Controls Manager, and Executive and Corporate Representatives, Audit of invoices and payment certificates prior to payment by either the client or FW accounts
Ensure reconciliation between project cost report and accounts cost and billing information. Prepare final project statistics, perform any other functions as directed by the Senior or Lead Cost Engineer
Skills / Qualifications
Tertiary education in Finance / Accounting
Candidate must have a positive attitude, willingness to learn and take direction and work in a team environment
Wood is a global leader in the delivery of project, engineering and technical services to energy and industrial markets. We operate in more than 60 countries, employing around 60,000 people, with revenues of over $10 billion. We provide performance-driven solutions throughout the asset life cycle, from concept to decommissioning across a broad range of industrial markets, including the upstream, midstream and downstream oil & gas, power & process, environment and infrastructure, clean energy, mining, nuclear, and general industrial sectors. www.woodplc.com
We are an equal opportunity employer that recognizes the value of a diverse workforce. All suitably qualified applicants will receive consideration for employment on the basis of objective criteria and without regard to the following (which is a non-exhaustive list): race, colour, age, religion, gender, national origin, disability, sexual orientation, gender identity, protected veteran status, or other characteristics in accordance with the relevant governing laws.