Senior Cost Engineer

Responsibilities:
• Monitor the overall integrity of the project budget and forecast in accordance with approved standard operating procedures
• Address issues pertaining to project cost control procedures.
• Coordinate development and implementation of project work breakdown structure (WBS) / cost breakdown structure (CBS) in concert with Project Lead and Project planning /Scheduling Engineer.
• Participate in the development of project execution plans.
• Participate in the development of estimates and studies within a project stage and for sanction.
• Coordinate and develop appropriate control budgets consistent with project estimate and WBS / CBS.
• Implement and monitor costs within each project stage and for entire project until completion or close-out.
• Collect and compile progress and cost data, and develop cost-control worksheets and reports for review by delivery teams.
• Review and audit contractor cost control procedures and practices.
• Coordinate or develop appropriate internal and external benchmarking and technical limits.
• Coordinate preparation of cost risk analysis.
• Review financial data related to accruals, invoice payments, purchase orders and material deliveries and other financial data.
• Link risk process to change process and estimate.
• Coordinate and develop project work-in-place, commitment and estimate at complete forecasts.
• Coordinate and develop project annual-spend projections, cost reconciliations and variance analyses.
• Assist and prepare cost performance management data.