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- Tasks: Support cost engineering for Major Projects & Facilities, ensuring effective cost management.
- Company: Leading Oil and Gas Operator with a focus on innovation and teamwork.
- Benefits: Competitive PAYE contract, potential extensions, and opportunities for professional growth.
- Why this job: Join a critical role in managing costs for impactful projects in the energy sector.
- Qualifications: Experience in cost engineering and strong analytical skills required.
- Other info: Dynamic work environment with opportunities to collaborate across various teams.
The predicted salary is between 60000 - 80000 £ per year.
Our client, an Oil and Gas Operator is seeking a Cost Engineer. This is a PAYE contract role initially until 31 March 2027 with extensions.
The cost engineer is responsible for providing support to the assets for all cost engineering & estimating requirements within the Major Projects portfolio, inclusive of Subsea & Decommissioning. Additional support will also be provided to the Assets for Facilities Engineering scopes. With significant spend year on year, this role is critical in ensuring effective cost management across the business.
The main responsibilities for this role are:
- Cost estimating for Major Projects & Facilities at all levels of project maturity.
- Preparing, analysing and consolidating monthly cost reports for each project, month end postings.
- Maintaining cost control system to track budgets, commitments, expenditure & forecasts for each project.
- Identifying scope uncertainty to determine growth & contingency allowances; identifying risk & opportunities as project progresses.
- Preparing monthly value of work done and remainder of year/project estimates.
- Contributing to the annual work programme & budget process for allocated work scopes.
- Providing cost support to the project through the internal and external approval process.
- Presenting regular updates on cost performance for Major Projects & Facilities Engineering scopes to project & asset management.
- Collaborating with key stakeholders to ensure delivery of fit for purpose cost reporting to enable business decision making.
- Driving a continuous improvement mind set to ensure efficient and effective processes and value adding reporting.
You are:
- Understanding of North Sea upstream oil and gas industry with comprehensive knowledge of Major Projects & Facilities Engineering operations.
- Experience in the application of SOAP's to an Operator.
- Extensive SAP Knowledge and Experience.
- Excellent planning skills with ability to work under time, budget and resource pressure and with competing work priorities, delivering work to appropriate standards over both short and long timeframe.
- Good interpersonal skills, personal drive and self-starting initiative with a strong focus on integrity.
- Excellent communication skills and experience engaging with individuals at all levels in the organisation.
- Strong analytical skills and problem-solving ability.
- Ability to demonstrate strong accountability with a drive for continuous improvement.
- Ability to demonstrate the use of technology to improve process controls and efficiency.
At a minimum, you have:
- Prior Major Projects & Facilities Engineering cost engineering/accounting experience is essential.
- Prior Cost Estimation experience is preferable.
- Bachelor's degree (preferable).
- Significant relevant industry experience.
- SAP Knowledge and experience.
Cost Engineer - Major Projects & Facilities employer: Strategic Resources European Recruitment Consultants Ltd
Contact Detail:
Strategic Resources European Recruitment Consultants Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Cost Engineer - Major Projects & Facilities
✨Tip Number 1
Network like a pro! Reach out to professionals in the oil and gas industry, especially those who work in cost engineering. Attend industry events or webinars, and don’t be shy about asking for informational interviews. You never know who might have a lead on your dream job!
✨Tip Number 2
Show off your skills! Create a portfolio that highlights your cost estimation projects and any relevant experience. Use visuals and data to demonstrate your impact. This can really set you apart when you’re chatting with potential employers.
✨Tip Number 3
Prepare for interviews by brushing up on your knowledge of the North Sea upstream oil and gas industry. Be ready to discuss how your experience aligns with the responsibilities of the Cost Engineer role. Practice common interview questions and think about how you can showcase your analytical and problem-solving skills.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities that might just be perfect for you. Plus, it’s a great way to ensure your application gets seen by the right people. Let’s get you that Cost Engineer role!
We think you need these skills to ace Cost Engineer - Major Projects & Facilities
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Cost Engineer role. Highlight your experience in cost estimation and any relevant projects you've worked on. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the oil and gas industry and how your background makes you a great fit for our team. Keep it concise but impactful!
Showcase Your Skills: Don’t forget to showcase your analytical skills and experience with SAP. Mention specific examples where you've successfully managed costs or improved processes. We love seeing real-world applications of your skills!
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to keep track of your application status. Let’s get you on board!
How to prepare for a job interview at Strategic Resources European Recruitment Consultants Ltd
✨Know Your Numbers
As a Cost Engineer, you'll be dealing with budgets and forecasts, so brush up on your financial acumen. Be prepared to discuss specific cost management strategies you've used in past projects, and how you tackled any challenges that arose.
✨Understand the Industry
Familiarise yourself with the North Sea upstream oil and gas sector. Research recent trends, challenges, and innovations in Major Projects & Facilities Engineering. This knowledge will help you engage in meaningful conversations during the interview.
✨Showcase Your SAP Skills
Since extensive SAP knowledge is crucial for this role, be ready to share examples of how you've used SAP in previous positions. Highlight any specific modules or functionalities you've worked with that relate to cost control and reporting.
✨Communicate Effectively
Strong communication skills are key in this role, especially when interfacing with various stakeholders. Practice articulating your thoughts clearly and concisely, and prepare to discuss how you've successfully collaborated with teams in the past.