Capital Project Cost....
Capital Project Cost Engineer
Posted on :
12-07-2022
Employer Active
1 Vacancy
The job posting is outdated and position may be filled
Job Alert
You will be updated with latest job alerts via emailValid email field required
Send jobs
Job Alert
You will be updated with latest job alerts via emailValid email field required
Send jobs
Job Description
Req ID : 1223705
- Support the delivery of consistent but appropriate cost management structures for portfolio of small, medium, and large projects
- Create and maintain project WBS structures in SAP
- Support the development of project Cost Breakdown Structures (CBS) and their population from the estimate
- Ensure that purchase orders and work orders are setup in accordance with established WBS structures and project estimate
- Perform monthly SOX control review of project open commitments and actual costs to identify any misallocation of costs, unauthorized or incorrect capitalization of labor or overheads, and expenditures to ensure posting to the appropriate WBS elements
- Complete / Calculate / Verify monthly updates of Value of Work Done in SAP to post accruals
- Work closely with project team to develop project expenditure flow forecast and update monthly. Maintain and promote realism in the cost forecasts in the face of commercial pressure and optimism from the project teams
- Complete monthly forecast updates to maintain accurate reporting of Latest Estimate/Estimate at Completion
- Ensure project team follows Change Management Procedures and guidelines
- Develop and implement project contingency drawdown plans
- Monitor commitments and actuals on a regular basis to ensure expenditures are in accordance with plans
- Utilize project schedules and earned value reporting to understand impact on project cost
- Ensure timely and accurate preparation of monthly project cost reports. Lead monthly project review meetings and assist Project Cost Controls Lead in reviewing monthly reports
- Ensure project closeout is completed in a timely manner following mechanical completion
- Assist with the roll-out of emerging company standard tools and processes and apply them on projects
- Support / complete project completion evaluations
- Ability to work closely with project scheduling to verify field progress
- Participation in constructability reviews and contracting strategy development, as well as other project front end development activities
Employment Type
Full Time
Department / Functional Area
Key Skills
Report This Job
Disclaimer: Drjobpro.com is only a platform that connects job seekers and employers. Applicants are advised to conduct their own independent research into the credentials of the prospective employer.We always make certain that our clients do not endorse any request for money payments, thus we advise against sharing any personal or bank-related information with any third party. If you suspect fraud or malpractice, please contact us via contact us page.
