Summary:
The purpose of this role is to support the development, implementation, and operation of a comprehensive cost control system. This includes cost tracking and forecasting activities, performance management and reporting, and the integration of cost inputs from internal and third-party sources into the overall cost engineering process. The TAR Cost Engineer is responsible for the development and maintenance of the Turnaround budgets, forecasts, trending/change, progress measuring, reports, invoice support and review and analysis as well as providing support and assistance to the Turnaround Event Manager.
Responsibilities:
- Preparation, maintenance, and ownership of TAR cost control. Including and not limited to tracking of budgets, commitments, Value of Work Done (VOWD), spend phasing and future forecasting.
- During the event, works closely with Event leads, and Project Controls team to ensure cost updates and variances are understood and clearly communicated.
- Analyze cost data to understand variances from plan and provide insights to event lead and turnaround manager on the impact of TAR delivery performance on forecasted total costs.
- Work closely with Turnaround Engineers and planners to ensure in-year, multi-year, and full cycle cost phasing and forecasting aligns with the current control schedule.
- Support governance cycle including assisting with preparing Authorization for Expenditures (AFEs) for work scopes Establish Work Breakdown Structure (WBS) / Cost Breakdown Structure (CBS).
- Support the development of TAR estimates.
- Responsible for multiple TARs in varying phases and balancing the work activities within the portfolio of work.
- Oversee contractor cost management and reporting processes, ensuring implementation of contractor's contractual requirements.
- Facilitate reporting thought quarterly project financial and performance reviews, maintaining transparency against annual spend targets.
- Receive project specific invoices and allocate to appropriate cost center or WBS.
- Comply with all HSSE requirements.
- Fully maintain Change Control visibility, ensuring both approved and pending changes, as well as Threats / Opportunities are included and detailed in the cost tool.
- Confirm all budget changes and trends are documented and approved for an ongoing accurate cost estimate and history of the project cost performance.
- Ensure cost forecasts align with actual delivery progress as reflected in the TAR schedule.
Key Challenges:
- Highly demanding and fast paced job, particularly during large Tas.
- Condensed period for cost review meetings and forecasting
Requirements:
- Bachelor’s Degree in relevant technical or business discipline preferred; however, candidates with relevant industry experience (and no degree) will be considered.
- 10+ years industry experience in TAR cost control with prior Owner/Operator.
- Ability to prepare estimates and budgets with a high degree of accuracy.
- Excellent computer skills, particularly with SAP, Primavera, Project Control Tools and MS Office Suite (excel, power point, word, etc.). Highly efficient in excel (VLOOKUPs, PivotTables, complex formulas, creating cost curves and other graphs).
- Strong teamwork skills to collaborate and build strong relationships with co-workers and external partners to support development and implementation of business solutions.
- Ability and demonstrated proficiencies to engage and work within a multifunctional discipline team to establish high levels of cooperation and credibility for the cost function when working with the project team.
- Ability to produce good quality written reports and summary presentations – able to communicate clarity from complexity.
- Proven ability to collaborate across business units with internal and external stakeholders.
- Skilled in Organization and documentation.
- Detail oriented; maintaining files with appropriate level of detail Manage multiple projects in a deadline-driven environment.
- Knowledge of risk management and analysis.
- Great social skills.
- Result-orientated mindset.
