Cost Engineer
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Key skills for this role
About the Role
Orion Group is hiring a Cost Engineer for a major project in Qatar. The role involves budget preparation, cost control, invoicing, and procurement workflow review for Major Projects.
Key Skills for This Role
Responsibilities
- Prepare detailed annual budget and updates in liaison with internal entities
- Control budget availability for each commitment and ensure budget control
- Establish register, update, monitor and control commitments, expenditure and forecast for contracts and purchase orders
- Prepare monthly closure and ensure accruals in PALM system are in accordance with project progress
- Implement efficient invoicing process and monitor invoices for timely payment
- Review and validate PRs and POs under MP entity
Requirements
- Degree in Economics, Finance, Business Administration, Engineering or equivalent
- Minimum 6 years experience in similar activities for Oil & Gas projects
- Advanced knowledge of SAP, Excel, Word, PowerPoint, and Power BI
Full Job Posting
Overview
- We are currently hiring for a Cost Engineer position based onshore in Qatar.
- The role is based in Major Projects premises, reports directly to the Lead, Cost controller and will be in charge of all cost charges on the MP Non EPC technical expenses such as readiness cost, logistics, maintenance and other service contracts.
Key Accountabilities
- To promote & comply with applicable safety instruction and other Company HSE procedures.
- To carry out work in compliance with Company values and policies, relevant laws, and regulations.
- To treat all information obtained during course of the work with utmost confidentiality.
- To prepare for review the detailed annual budget and updates in liaison with various internal entities.
- To control budget availability for each commitment.
- To ensure budget control, highlighting current trends and to justify variances between Forecast and Budget.
- To establish register, to update, monitor and control the commitments, expenditure incurred and forecast for all contracts and purchase orders.
- To perform specific Cost Analysis.
- To provide input to the PALM (SAP) system, with regard to commitments, payment schedules, invoicing, time sheets and cost control issues.
- Liaise with the company Finance entity to ensure that G&A and other common costs are charged fairly to the Major Project budgets.
- To prepare the monthly closure and make sure accruals done in PALM system are in accordance with current project(s) progress.
- To prepare all necessary documents as necessary for compliance regarding accruals.
Invoicing
- To implement an efficient invoicing process between the different locations of the project.
- To monitor invoices, in liaison with company accounting department to enable timely payment of invoices.
Procurement Workflow
- To review and validate PRs and POs under MP entity.
- To highlight any errors and anomalies in any of the Procurement Workflow related documents.
- To provide options and/or solutions in rectifying such errors.
- To ensure that the lessons learned will be applied accordingly for future situations.
Organization
- To anticipate additional requirement for cost control support during execution of the project(s).
General
- To promote cost consciousness within the entity.
- To ensure confidentially is being kept as per sensitive data.
- To liaise actively with company Finance entity for all matters related to cost and accounting.
- To carry out any other duties or tasks that may be assigned by hierarchical superiors.
Education
- Degree in Economics, Finance, Business Administration, Engineering or equivalent.
Experience
- Minimum 6 years experience in similar activities for Oil & Gas projects.
- Advanced knowledge & experience in use of relevant computer systems (SAP, Excel, Word, PowerPoint, and Power BI).
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