Cost & Schedule Engineer
Cost & Schedule Engineer
JOB REQUIREMENTS
Roles (Basic Function and Scope)
• Assist project teams by developing and maintaining project monitoring and reporting systems aiding the effectiveness of the management of projects.
• Assist in the timely financial closeout of projects.
During the initial definition phase/funding phase of the project, the engineer will:
• Document the project team's/project engineer's execution plans in the project schedule.
• Consolidate, and document the project estimate at each project gate.
• Assist in the development of the project funding plan and funding package.
• Develop the Estimate Confidence Package (Cost and Schedule)
• Document the control plans for the project
• Assist team in documenting the organization plan for the project
• Develop expenditure forecast consistent with project team plans.
• Assist team in appraising the overall performance of the project with respect to cost and schedule
During the execution phase of the project, the engineer will:
• Update status on the project schedule, and ensure the project team's/ project engineer's execution plans are reflected in the remaining activities of the project schedule. Assist team in identifying and implementing recovery plan actions.
• Assists accounting in ensuring costs are correctly charged to the project.
• Perform cost allocation as required by project ( project costs split to AFEs, or project management allocations)
• Update cost reports reflecting expenditure versus approved budgets and forecast of final project costs. Incorporate formal cost in the month project report.
• Ensure compliance with approved control plans for projects
• Assist team in documenting the project management organization for comparison against plan.
• Maintain forecast of expenditure forecasts consistent with project team plans and monitor against previous forecasts.
• Provide input into the annual plans and budgets (P&B), and JV budget submissions for the project.
• Assist team in appraising the overall performance of the project with respect to cost and schedule
• Prepare monthly cash-calls and follow through with controller to ensure expenditures within approved levels
• Prepare monthly accrual forecasts to accounting group.
• Maintain/update AFE log for project.
• Assist team in monitoring AFE status and preparing supplements as required.
Assist team in developing project closeout documentation.
CANDIDATE QUALIFICATIONS & EXPERIENCE
• B.Sc. in Engineering with strengths in the areas of Project management, and production facilities.
• 5 years varied engineering experience.
• Fluency in English.
LOCATION: Lagos, Nigeria
