Cost Engineer Job at Lobellia (Doha)

Job Description

We are looking for a SURF Cost Engineer for one of our clients.

Job Responsibility

To promote & comply with applicable safety instruction and other Company HSE procedures in all activities
To carry out work in compliance with Company values and policies, relevant laws and regulations, agreed Company priorities and objectives, Company standards and procedures and good industry practices
To treat all information obtained during course of the work with confidentiality
To prepare for review the detailed annual budget and revisions in liaison with various internal entities and adhering to COMPANY budget standard format provided by finance department
To participate in the presentation and to defend the budget performance as required
To control budget availability for each commitment
To ensure budget control, highlight current trends and 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 managed by Major Projects
To perform specific Cost Analysis as required
To provide input to the SAP/S4Hana system, regarding commitments, service entry sheets, payment schedule, invoicing, and cost control issues, as required
To prepare the monthly closure and make sure accruals done in SAP system are in accordance with current project(s) progress and milestones
To prepare all necessary documents as necessary for compliance regarding accruals
To issue a detailed internal and external monthly cost report (Trends, Areas of Concern, Budget Variance analysis, Commitment/Expenditure figures, forecast at completion etc.) with comments and advise Project Management on cost over-runs in a timely manner
To ensure correct and auditable records of all matters with Project expenditures, contracts, budgets, cash flows, forecasts, etc.
To act as the interface with the COMPANY Finance entity and provide them with data for incorporation in corporate financial documents
To supervise the contractors and suppliers cost control activities
To implement an efficient invoicing process between the different locations of the project
To check and monitor invoices, in liaison with COMPANY accounting department to enable timely payment of invoices
To develop, communicate and implement procedures to ensure the efficient organization and operation of the Project budget and cost control activities
To advise, during project setup post award, contractors on key commercial requirements (invoicing format and submission, cost reporting etc.)
To anticipate additional requirements for cost control support during execution of the project(s)
To promote cost consciousness within the entity
To ensure confidentiality is being kept as per sensitive data
To liaise with internal and external auditors for cost justification
To prepare the required cost recovery related documentation
To liaise actively with COMPANY Finance entity for all matters related to cost and accounting as required (Commitments, invoice processing and payment, accruals, payment claims and disputes)
To prepare commercial close out of each contract and archive all financial documentation as per COMPANY guidelines
To carry out any other duties or tasks that may be assigned by hierarchical superiors

Requirements

Degree in Economics or equivalent
Minimum 10 years’ experience in similar activities for Oil & Gas projects
Advanced knowledge & experience in use of relevant computer systems (SAP, S4Hana, Power BI, Excel, Word, PowerPoint and MS-Access)
EPC Contracts mechanisms
Fluency in English

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