Cost Engineer
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Key skills for this role
About the Role
Job Purpose: To monitor, control, and report project costs throughout the project lifecycle, ensuring expenditures remain within approved budgets while providing accurate financial analysis and forecasts to support project decision-making.
Key Skills for This Role
Full Job Posting
Job Purpose
To monitor, control, and report project costs throughout the project lifecycle, ensuring expenditures remain within approved budgets while providing accurate financial analysis and forecasts to support project decision-making.
Key Activities
- Manage and process project invoices, commitments, and expenditures.
- Monitor project budgets, forecasts, and cost performance.
- Support monthly cost reporting, accruals, and budget updates.
- Review and validate purchase requisitions (PRs) and purchase orders (POs).
- Coordinate with Finance and other stakeholders on cost control, invoicing, and accounting matters.
- Perform cost analysis and provide accurate financial data for project decision-making.
- Ensure compliance with company procedures, financial controls, and reporting requirements.
Qualifications & Experience
- Bachelor’s Degree in Economics, Finance, Business Administration, Engineering, or a related discipline.
- Minimum 6 years of experience in cost engineering or cost control within Oil & Gas projects.
- Strong knowledge of SAP, Excel, Word, PowerPoint, and Power BI.
- Experience with budgeting, forecasting, accruals, invoice processing, and cost reporting.
- Excellent analytical and communication skills.
- Fluent in English.
- Ability to work effectively in a multicultural project environment.
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