Senior Cost Engineer

Establish, standardize, control and report project budget, commitment, Value of Work Done (VOWD), forecast and contingency usage figures to ensure accurate and timely reporting to project stakeholders and shareholders.

Ensure development of cost allocation basis across different ventures/assets based on technical inputs, and coordinate drafting and completion of Commercial/Cost Sharing Agreements with Commercial and Legal teams.

Develop project specific funding and budgeting information including specific shareholders information and coordinate approval of the funding packages through required channels including alignment with shareholders, commercial, legal teams through to board approvals as required.

Develop cost estimate and maintain project specific Project Cost Control Procedures and tools within framework of LNG Project Management Systems.

Ensure compliance of contractor monitoring and reporting processes in accordance with company policies and Procedures to enable accurate cost monitoring, forecasting in support of seamless project execution within established budgets.

Develop and implement the tools required to monitor, analyze, and challenge contractor cost information, change order and forecast estimates and evaluate and challenge contractor claims.

Examine contractor invoices for progress measurement application, timesheets & plant / equipment usage reports to ensure application of adequate controls for project related cash payments.

Compile, verify and ensure appropriate reporting of monthly budget, commitment, VOWD and anticipated final cost figures, including variance analysis and narrative where required.

Prepare cost forecasts for funding/budget requests, counter estimates, change order requests, trends.

Coordinate with LNG Finance and shareholder representative on provision of all necessary project financial information including reports, cash calls, funding updates, etc.

Develop owner's costs analysis and projections for the projects to ensure completeness of cost management and for management reporting.

Verify, and/or calculate where required, project progress based on available information including progress reports, deliverable registers, CTRs, etc. to analyze, verify and challenge contractor VOWD reports.