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Kuwait City

    Customer service officer - Kuwait City, الكويت - Al Rifai Arabia

    Al Rifai Arabia
    Al Rifai Arabia Kuwait City, الكويت

    منذ 5 أيام

    Default job background
    وصف

    Engineering Oil & Gas Company is looking for a Cost Control Engineer for a project based in


    TASKS:

    At project initial phase:


    After contract award, ensure the implementation of the Cost Control System, elaborating the consolidated Cost Breakdown Structure according to the relevant procedure, reviewing the procurement/accountin g system adopted in each Operating Companies/Branches involved into the project, and verifying the application of the CBS and the cost traceability

    Issue the Project Cost Control Procedure, Cost Coding Manual and Risk Managemen t Plan, for the Project Control Manager verification, according to standards and contract specification and configure the Cost Breakdown Structure to monitor procurement and accounting activities

    If not provided during the commercial phase, split the Commercial Budget according to the intercompany scheme, contract and work schedule, in order to report revenues/costs by entity, currencies, and main cost accounts and prepare the cash-flow

    by currency

    Coordinate the risk managment activities startup organizing the first brainstorming and the qualitative / quantitative assessment of the identified risks and opportunities

    Carry out the Montecarlo Analysis

    During the project execution phase:

    Ensure the Cost Control System works effectively and cost status is soundly assessed and reported

    Monitor activity progress and the relevant earned value, as well as the value of work done against the invoices received, determining the monthly accruals (to have accounts in line with works progress)

    Support the Project during the contract changes/claims process providing the cost impact analysis, and keep updated the cost/revenues forecast relevant to intercompany services

    Analyse committed costs and activities to-date, review the estimate to complete, isolating any deviation from bas elines or adverse trend and warn the PM on time to take corrective actions in order to prevent overruns

    Maintain the risk management process organizing periodic meetings and verifying the risk owners feedback

    Issue the project and company reporting

    At project closure:

    Support the Project Control Manager in the preparation of the Project close-out Report and the costfeed-back data to Project Control and Commercial Departments



    Requirements


    Experience in oil & gas



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