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Cost Engineer - Grangemouth

INEOS - Other Engineering
Ref: 615 Date Posted: Thursday 12 Jul 2018
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Cost Engineer – 12 month contract

INEOS, one of the largest independent global chemical companies is seeking to recruit a highly motivated Cost Engineer.

Having committed to significant investment over the next few years, we now require an experienced Cost Engineer preferably with relevant experience in refining or petrochemical facilities to play a key role in the delivery and support of this growth in our business.

We require a Cost Engineer to work within our "Project Cost Team".  This role would suit someone who has recently graduated or  who has just recently started a career in Quantity Surveying or Cost Engineering.

There are lots of exciting projects to support and it is a great chance to join a dynamic team within a global employer.

Principal Accountabilities

  • Responsible for the production, integrity and accuracy of detailed cost reports to each project
  • Analyse estimates and forecast costs to ensure they are accurate and will be maintained within the target cost or lump sum depending on contract strategy.
  • Assist each project to develop estimates, budgets and phasing for project spend.
  • Maintain detailed Work Breakdown Structure (WBS) for the project and interface with planning teams to ensure that cost and schedule progress are monitored.
  • Calculate actual spend and Value of Work Done (VOWD) figures through consultation with various sub-contractors and interrogating the various system on site (SAP, Maximo, Planning, etc)
  • Collate and analyse all Asset commitments to ensure that it remains within sanction and is reported accurately.
  • Arrange journal transfers where costs have been allocated inappropriately/incorrectly to ensure proper cost allocation.
  • Analyse project spend report on any unusual spend or unbudgeted spend to ensure the event will remain on budget
  • Maintain detailed referenced files and supporting documentation to give a complete picture/audit trail and ensure historical data is retained for future use
  • Assist Purchasing with the validation of Variation Requests from 3rd parties and audits
  • Maintain records pertaining to all Change Orders arising from variation requests
  • Assist with risk mitigation
  • Assist Purchasing with claims arising
  • Ensure efficient and timely close out of all budgets

Qualifications, Knowledge and Skills

  • Appropriate Quantity Surveying/Cost Engineering qualification o
  • Experience in cost engineering in a large complex manufacturing environment
  • Expert negotiation skills
  • Familiarity with Maximo/SAP systems is desired
  • Ability to manage time effectively to achieve targets and objectives within deadlines.
  • Ability to use, manipulate and organise systems to obtain required data.
  • Self starter and comfortable with communications at all levels in the organisation

Please apply by uploading your cv through this advert.