Cost Eng 1041
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Key skills for this role
About the Role
Altea Energy seeks a Cost Engineer to manage cost reporting, change orders, and forecasting for projects. The role requires an undergraduate degree and 5-10 years of cost management experience, with at least 3 years on FEED projects.
Key Skills for This Role
Responsibilities
- Communicate assigned project issues/concerns directly to Project Manager, (Sr. Cost Engineer) and Business Administrator.
- Develop and maintain cost reports, cash flow and contingency analyses for the individual projects.
- Provide Cost Estimates.
- Administer Change Orders and Bid box as required by procedure.
- Estimate costs of positive / negative scope changes and assess impact on total project cost.
- Ensure accurate reflection of committed/spent funds, Change Alerts, Project deviation notices, field change orders, and project execution changes in all cost documents.
- Assist with managing existing and amended AEL values.
- Liaison with Human Resource Department to monitor office space billable to the project.
- Derive an accurate and realistic forecast of all funds required to complete the project within the defined budget and schedule.
- Ensure accurate representation of cost data in weekly, monthly and ad hoc reporting.
- Alert Coordinating Cost Management Office and Business Management Office and the project team to critical Cost Management issues.
- Prepare and update monthly project updates (MPU).
Requirements
- Undergraduate degree in relevant discipline
- 5 10 years experience in the Cost Management field
- 3 years minimum on FEED Projects
- Capacity of analysis and skills for desktop application
- Good knowledge of English, both written and verbal
- Mega Capital Projects experience preferred
Full Job Posting
Key Responsibilities and Duties
- Communicate assigned project issues/concerns directly to Project Manager, (Sr. Cost Engineer) and Business Administrator.
- Develop and maintain cost reports, cash flow and contingency analyses for the individual projects.
- Provide Cost Estimates.
- Administer Change Orders and Bid box as required by procedure.
- Estimates costs of positive / negative scope changes and assess impact on total project cost: work with estimators to get assistance if needed.
- Ensure accurate reflection of committed/spent funds, Change Alerts, Project deviation notices, field change orders, and project execution changes in all cost documents relating to the construction phase.
- Assist with managing existing and amended AEL values.
- Liaison with Human Resource Department to monitor office space which is billable to the project as required to ensure that the project is not billed for space not being used.
- Derive an accurate and realistic forecast of all funds required to complete the project within the defined budget and schedule while incorporating own trending and analysis and consult with the Project Manager prior to publishing.
- Ensure accurate representation of cost data in weekly, monthly and ad hoc reporting.
- Alert Coordinating Cost Management Office and Business Management Office and the project team to critical Cost Management issues.
- Provide assistance for additional cost management related studies and scenarios if required.
Educational & Technical Requirements
- Undergraduate degree in relevant discipline
- 5 10 years experience in the Cost Management field. 3 years minimum on FEED Projects.
- Capacity of analysis and skills for desktop application
- Good knowledge of English, both written and verbal
- Mega Capital Projects experience preferred
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