Job Title: Capital Cost Engineer
Reference: WTHO03270
Location: Lagos, Nigeria
Recruiter: WTS Energy Holding B.V. / WTS Energy
Job description:
The responsibilities of Drilling Cost Engineer include, but are not limited to the following:
• Assist to establish and maintain Project Cost Control procedures.
• Assist to establish and maintain work breakdown structure (WBS), including AFE and cost centre numbers, to control and report costs at agreed levels.
• Provide support to Project Engineers to establish and maintain up to date Authorization for Expenditure (AFE) documents.
• Establish and maintain financial cash flows for the Project, in line with the agreed WBS.
• To assist lead cost engineer to monitor actual versus planned expenditures and produce cost forecasts to provide timely notification of potential over/under runs.
• To assist lead cost engineer to produce Monthly cost reports, giving planned, actual and forecast costs, for all elements of the Project, in line with the agreed WBS.
• Produce other ad-hoc reports and presentations on cost data that may be required by the Project.
• Coordinate all Project CAPEX and OPEX budget submissions.
• Prepare and monitor accruals and ensure that they are correctly controlled against budgets.
• Prepare and maintain log for contractor and vendor invoices and ensure that these are properly cost coded prior to approval by the responsible party.
• Review & audit contractors' cost management procedures & reports.
Requirements:
• Minimum 10 years experience in the upstream oil and gas industry with a good understanding of Engineering.
• Full membership of a relevant International Institution preferred.
• Proficient in MS Access, MSWord, Excel, and PowerPoint.
• Broad, multi-discipline knowledge and experience of cost engineering for onshore Oil and Gas projects.
• University Degree in an Engineering or Commercial subject.
• An accounting experience/background will be an added advantage.
• Local Nigerian candidates will be preferred.
Terms & Conditions:
• Work schedule: Resident based.
• Long term position.
Company Profile: A newly formed Operating Company (Joint Venture between International Oil company and Indigenous Operator)
Deadline: 14-12-2013
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