Cost Engineer

Petrofac is seeking a Cost Engineer - Contractor for 12 months based in Aberdeen, UK.

The role is outside IR35 and we invite Limited Companies to engage.

The scope of services will be reviewed should there be a significant change to client support requirements.

Scope of Services:

Assist the Principal Cost Engineer with cost management and control on large EPC contract, to enable accurate internal and external reporting.

Accountability for Deliverables:

The following is an outline of key duties and accountabilities; however, the candidate is expected to undertake any tasks which are deemed reasonable for this position.  This role is progressive, with the view to gradually assisting with Cost Reporting.

·         Create the Cost Breakdown Structure (CBS) and apply standard phase template in the mpower system.

·         Link Cost Estimates / Project Change Requests (PCR) in mpower to populate budgets at phase level. 

·         Maintain CBS and PCR status.

·         Maintain fields within the CBS which hold pertinent information such as Purchase / Service Order (PO / SO) number and value.

·         Assist with adding, amending, and maintaining rates within mpower to produce Cost Estimates / Value of Work Done (VOWD) and Forecasts.

·         Monitor and issue weekly time writing and commitment reports to the team.

·         Update and issue weekly Non-Productive Time (NPT) reports to the team.

·         Update and feed into the Monthly Project Report.

·         Assist with reviewing, coding and approving requisitions in line with approved budgets.

·         Assist with Cost / Commercial / Client reconciliations and monthly invoice tracking.

The successful candidate is expected to adhere to Petrofac values and safety rules.

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