At a Glance
- Tasks: Manage project costs, create reports, and ensure budget adherence.
- Company: Join Semco Maritime, a leader in the Oil & Gas industry.
- Benefits: Enjoy a hybrid work model and gain valuable experience.
- Other info: Contract role with potential for growth in a dynamic environment.
- Why this job: Be part of impactful projects while developing your financial skills.
- Qualifications: Experience in O&G projects and knowledge of cost control is essential.
The predicted salary is between 28000 - 42000 £ per year.
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Recruiter at Semco Maritime / PBS by Ponticelli
Job Type: Full-time (Mon-Fri), 6 Month Contract
Location: Aberdeen (Hybrid – 4 days in the office, Mon- Thu)
PBS (Semco UK) are looking for a Cost Engineer or Senior Cost Engineer to join the team on a 6 month basis.
This role is responsible for day-to-day financial control of assigned project/s ensuring adherence to budget and preparing cost estimates by analysing proposals.
Details/duties:
- Oversee, monitor and control project costs throughout all phases of a project supporting the Project Manager and Project and Discipline Engineers of the assigned scope
- Create invoice documents, cost reports with supporting narrative, project phase reports and discipline level reports for both clients and internally for distribution
- Facilitate separate cost review meetings with Project Manager and client to ensure accurate forecasting and phasing within budget
- Identify potential overspends and action ‘Potential Change Orders’ to ensure timely and efficient management of change
- Review and approve project purchase orders and invoices, ensuring costs are aligned with the project budget and that accurate cost coding is applied.
- Review and approve purchase and service requests ensuring sufficient budget is in place and correct cost coding assigned prior to commitment
- Liaise with other departments including Planning, Engineering, Procurement and Construction to ensure the accuracy of cost phasing and forecasting, and maintain awareness of scope activities and their impact on the budget and schedule
- Review and approve invoicing
- Support with the commercial close out of the project
- Contribute to the continuous improvement of the cost control function and provision of robust financial reporting.
Qualifications/Experience required:
- Previous experience of large project work within the O&G Industry
- HNC, Highers or equivalent in finance, commercial or business-related subject
- Essential: Demonstrable experience and knowledge of cost control, forecasting and reporting working on a large project and brownfield modifications
- Essential: Understanding of cost control systems including reporting, forecasting and invoicing
- Desirable: Understanding of Project Management principles, change control and planning and risk management
- Desirable: Commercial Awareness and an understanding of commercial terms and conditions
- Desirable: Proficient in the use of Time Writing system, ideally MPower
Seniority level
-
Seniority level
Associate
Employment type
-
Employment type
Contract
Job function
-
Job function
Finance
-
Industries
Oil and Gas
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Cost Engineer / Senior Cost Engineer in Inverness employer: Semco Maritime
At Semco Maritime UK, we pride ourselves on being an excellent employer that fosters a collaborative and innovative work culture. Our hybrid work model allows for flexibility while you contribute to meaningful projects in the energy sector, with ample opportunities for professional growth and development within a supportive team environment based in Westhill, Aberdeenshire.
StudySmarter Expert Advice🤫
We think this is how you could land Cost Engineer / Senior Cost Engineer in Inverness
✨Tip Number 1: Tap Into Professional Networks
The finance world loves a good connection, so jump into industry-specific groups on platforms like LinkedIn where you can find discussions on financial controlling. Engaging in these communities can expose you to hidden job leads that aren't openly advertised!
✨Tip Number 2: Attend Finance Events and Conferences
Make it a mission to attend finance-related events and conferences, even virtual ones! This is a golden opportunity to network face-to-face with people from companies like Semco Maritime. You never know who might be your next boss or a crucial contact!
✨Tip Number 3: Showcase Your Expertise
Consider writing articles or sharing insights related to financial controlling or industry trends. Publish these on platforms like LinkedIn to establish yourself as a knowledgeable player in the field. This not only increases your visibility but also catches the attention of recruiters from Semco Maritime.
✨Tip Number 4: Apply Directly on Company Websites
Since you're going for a full-time gig, don't forget to keep an eye on the careers page of companies you're interested in, like Semco Maritime. Many companies prefer candidates who apply through their website as it shows genuine interest and makes your application stand out!
We think you need these skills to ace Cost Engineer / Senior Cost Engineer in Inverness
Some tips for your application 🫡
Show Off Your Numbers Game:In financial controlling, detail is everything! Make sure your CV showcases your proficiency with numbers—highlight any relevant experience in budgeting, forecasting, or working with financial software. Quantifying your past achievements will make you stand out, so don’t be shy about flaunting those impressive percentages or cost savings you've implemented.
Tailored Cover Letter is Key:Your cover letter is a chance to shine, especially for a full-time role. Use it to express your genuine interest in Semco Maritime and the specific impact you hope to make in financial controlling. Mention any relevant qualifications or experiences that align with the company’s goals, and don’t forget to show that you're ready for a long-term commitment!
Certifications Matter:List relevant certifications such as ACCA or CIMA on your CV. These qualifications not only showcase your dedication to the field but also your technical competence in financial principles. If you have any ongoing training or courses, make sure to mention those as well to demonstrate your commitment to continual learning in financial controlling.
Don’t Overlook Soft Skills:While numbers are crucial, so are those soft skills! Financial controllers need strong communication and analytical reasoning abilities. We recommend embedding examples of these skills in your CV and cover letter, like how you’ve successfully delivered financial reports to stakeholders or collaborated with teams to improve processes. Let’s show Semco Maritime how you can be a team player!
How to prepare for a job interview at Semco Maritime
✨Brush Up on Technical Skills
Make sure you're comfortable with key financial concepts, especially around forecasting, budgeting, and variance analysis. Sometimes, interviewers may throw in technical questions or case studies, so practicing these types of scenarios will help you shine!
✨Showcase Your Financial Acumen
If you've had experience with specific financial software like SAP or Oracle, make it known! Be ready to discuss how you used these tools to improve processes or reporting, as this hands-on knowledge can really set you apart in a full-time role with Semco Maritime.
✨Know Your Numbers
In full-time interviews, especially in financial controlling, be prepared for numerical reasoning tests or questions. Brush up on your mental maths and understand how to interpret and analyse financial statements on the spot, as this may come up during the assessment.
✨Connect with Company Goals
Familiarise yourself with Semco Maritime's financial objectives and any recent developments. During the interview, try to weave your understanding of their business model and challenges into your answers—this shows your genuine interest and alignment with their goals!
