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  • Posted: Jan 22, 2018
    Deadline: Not specified
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    Hobark International Limited is the parent company of the Hobark group operating in the oil and gas industry. The company was incorporated in 1998, starting as a staffing agency based in Port Harcourt. Currently we have offices in 4 countries with our head office in Lagos. The group offers the following services. Drilling services are offered through Dril...
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    Senior Engineer - Cost

    Req ID: 1294

    Job Description

    • Provide support to individual Project Engineers (PE’s) in establishing and maintaining up to date Authority For Expenditure (AFE) and related supporting documents including variance analysis of cost over/under runs.
    • Monitor expenditure monthly on a Value of Work Done (VOWD) basis for all ongoing Projects(contracts) and department/team budgets and in conjunction with PE’s produce cost forecasts (latest estimates) to provide timely notification of potential over/under runs against approved budgets (AFE’s).
    • Produce monthly/quarterly/annual variance and trend analysis expenditure reports and explain key cost movements with respect to commitments, actuals (VOWD basis), latest estimates against plan as agreed with responsible PM’s.
    • Provide support to PE’s to establish and maintain cost progress S-curves (inclusive of actuals, forecasts, and commitments) for all ongoing Projects. Prepare overall department rolled up reports on the same basis.
    • Produce cost reports (monthly, quarterly and annually) as required, giving planned, actual and forecast costs, for all ongoing projects and contracts, in line with the agreed AFE’s/WBS.
    • Produce other ad-hoc reports on cost information that may be required from time to time.
    • Review and verify monthly accruals as produced by Project Accountants/PE’s to ensure that they are correctly aligned with VOWD reporting against AFE’s and overall budgets.
    • Prepare trend analysis report identifying early over/under runs.
    • Maintain a Cost Estimating system (including Cost Breakdown System), including a database of historical project costs, and provide cost estimating support to PE’s for new projects / project variations and to assist in forecasting of costs to completion.

    Qualifications

    • Minimum 12 year's experience as a Cost Engineer within the oil and gas industry. Ideally with contractor experience.
    • Experienced with Cost Control and WBS/CBS systems
    • Full capabilities in MS Word, MS Excel, MS Power Point.
    • Some experience with planning tools.
    • Experience is cost estimating and risk simulation
    • University Degree in Engineering or relevant technical discipline.
    • Estimating with questor software
    • Planning experience
    • Use of @risk software.

    Primary Skills:

    • Cost Estimator, HSE, Project Engineer, B.Sc, Engineering, Finance, Oil & Gas, Operations, Production

    Method of Application

    Interested and qualified? Go to Hobark International Limited (HIL) on jobs.cbizsoft.com to apply

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