- and establish the Cost Breakdown Structure and Budget Elements which describe the full structure to be used in the Cost Control System and that align into the Work Breakdown Structure.
- full coherence and utilization of the Cost Control System and that it aligns with the Work Breakdown Structure for budgeting purposes and reporting key performance indicators throughout the project
- interface with all stakeholders to provide accurate cash flow forecasts and to obtain the actual cost expenditures.
- and communicate processes and routines required for effective control and reporting during the project lifecycle to team members with consideration of financial and other compliance legislation
- a cost coding structure in accordance with the Group Guidelines and taking into consideration the interface with the Project Planning Function, where applicable
- the use of standard, appropriate templates for internal performance and customer reporting
- a common understanding of the Tender budget through a review and analysis process with the relevant estimator and project team members
- the transfer of the Tender budget to the cost management system to form the basis of future monitoring and control
- constant awareness of progress of work by pro-actively collecting the necessary supporting material (planning and reports) and information from all reliable sources
- Actual Cost of Work Performed (ACWP) on regular basis.
- the timely coding, collection, analysis and reporting of all project expenditure, together with the budget holder(s)
- the monitoring and reporting of project
- the customer cost reporting package as dictated by the contract
- reconciliation of forecasted and actual expenditures and the production of project accruals in conjunction with Finance
- short- and long-term cash flow projections in a continuous and timely manner
- audit reports and other audit information as required by internal & external audit teams
- the monthly project cost report and variance analysis for consolidation into the pre-agreed formats/categories.
- Close Out Documentation both internally and externally relevant to the Function
- proactive methods in sharing knowledge and experience, raising areas of difficulty and concern and assisting in improving routines
- regular functional meetings and workshops within the Project Controls team as and when nominated
- on estimate of Variations Orders, prepare supporting data and documentation, and implement validated VO budgets into the cost control system
- and plan Estimate To Complete (ETC)
- in-depth analysis and reporting of variances on a periodic basis as well as calculate on a monthly basis the project revenue (earned revenue)
- all costs are allocated to the right destinations (departments, contracting entities)
- with budget owners on a regular basis to review commitments
- information is fed back to Estimating department during project execution and at project closing whenever needed
- liaison with Project Accounting, reconcile Project ACWP and Accounting
- years' project cost control experience
- with cost control activities on mega projects upwards of $1+ Billion
- knowledge, proven skills, and competencies in application of project cost control principles, methodologies and tools, supporting all phases of project execution, especially around Project Cost Control, Forecasting and Reporting, within a project-oriented EPC or Owner Organization
- within an Oil & Gas, Chemical processing or related business and equivalent projects a further benefit
- skills and experience of cost control of projects on global basis, including performing foreign currency analysis, assessing currency risk exposures, advising Treasury of currency requirements and changes, supporting projects executed by multiple engineering offices, and understanding intercompany project ramifications
- to achieve success under significant pressure, evolving requirements, and conflicting priorities
- and ability to work with different cultures associated with multi-region project execution, and to therefore achieve success with a multi-cultural team
- of Customer and external stakeholder regional cultures, and ability to achieve success with those cultures
- to build relationships with project teams and support functions
- and technical acumen, detailed working knowledge of project cost controls tools and systems
- skills in cost control, with general knowledge of project management, business development and finance
- engaged in helping to achieve competitiveness, successful project execution, productive internal/external interfaces, and risk management
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Cost Engineer - Casa Grande, United States - The Global Edge Consultants LLC
Description
The Global Edge is an international staffing firm connecting projects worldwide with the industrys most talented project professionals. We work with high level technical and commercial personnel across multiple industries including Oil and Gas, Energy, Renewables, Infrastructure, Automotive and Motorsports, IT, Marine, Mining, and more. With offices strategically located worldwide, the Global Edge is known for the highest level of delivery for our clients and contractors.
Position Overview
Our team is currently looking fora Cost Controller for a client of ours in the Chemical manufacturing client of ours in Casa Grande Arizona.
Responsibilities & Essential Duties
Qualifications (Education, Experience, & Skills)
Global Edge Group, LLC is an Equal Opportunity Employer. The Global Edge Group, LLC does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status or any other basis covered by appropriate law. All employment is decided on the basis of qualifications, merit, and business need.
