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Cost Engineer

24 September 2019


Position Summary
The Cost Engineer will provide the Project leadership team with complete analytical support for cost reporting, forecasting, budget reconciliation and performance measures of the project.

  • Provide project control support to the Project Leadership team which may include cost reporting, cost reconciliation, change management, project status reports and various other project related activities
  • Review cost estimates for all aspects of the project providing direction to external service providers as required to ensure complete and robust estimates in accordance with project cost coding and management requirements
  • Analyze financial information and recognize variances, trends, and irregularities and understand the causes/driver
  • Establish and execute controls to proactively support, monitor and communicate budgets, actuals and forecast
  • Recast Budgets as required during the execution phase of capital project for proper reporting
  • Report and analyze project progress using an earned value basis
  • Collect data, inputs, update and produce standard management reports, Actual vs. Budget and /or forecast
  • Create and customize project control tools/systems to meet specific project reporting requirements
  • Research unexpected items and resolve inaccuracies
  • Demonstrate attention to details with a focus on accuracy, completeness and meeting deadlines and commitments
  • Work with the Project Team to ensure that the timelines and/or objectives of the project are met
  • Ensure ongoing improvement through evaluation of current processes
  • Supports the consistency for reporting based on the established WBS Code of Accounts

Knowledge, Qualifications & Experience
Related degree qualification an asset (Construction/Accounting/Finance/ Engineering)

  • 5 years of experience in a similar role of EPC TIC Cost Analyst on major capital projects ( $50 MM)
  • Proficient in extracting data into Excel and using graphs, formulas, pivot tables, etc. for reporting and trend analysis
  • Knowledge of commercial contracts, how to apply terms to selective material and subcontractor invoice auditing
  • Demonstrated ability to analyze data for commitments, direct actuals and forecast cost to go
  • Ability to deal with technical and non-technical persons and explain technical concepts and analysis in simple terms
  • Ability to communicate with a range of people - both internally across all levels, and external stakeholders
  • Strong interpersonal skills and a demonstrated ability to build positive partnerships
  • Ability to multi-task, and manage multiple priorities in a high paced and change-constant environment


Petroplan is a global organisation which specialises in connecting skilled professionals with exceptional contract and permanent career opportunities throughout the oil, gas and energy industry. This has been our focus since Petroplan was formed in 1976.

Our aim isn't to be the largest industry recruitment specialist but rather the best. As such, our recruitment services, contractor management and specialised support is tailored to meet the individual needs of candidates, contractors and clients. Petroplan's local offices across Europe, the Middle East, North America, Asia-Pacific, Africa and Australasia support projects in over forty countries. Our client portfolio includes multi-national corporations, together with niche organisations focusing on a specialist discipline or location.

For more information on how Petroplan can help you, please feel free to visit our About Us page here;