Senior Cost Engineer

Job description / Role

Role purpose

Responsible for implementing and overseeing project cost control, reporting, forecasting, and cost analysis across major project phases to support effective management decision-making.

Key responsibilities

• Develop, verify, and report project budgets, commitments, VOWD, forecasts, and contingency usage
• Monitor and review contractor cost reporting to ensure compliance with project procedures
• Analyse contractor cost data, change orders, trends, and support assessment of contractor claims
• Review and validate invoices, progress payments, timesheets, and equipment usage to ensure proper cost control
• Support preparation of annual budget forecasts for internal budgeting cycles
• Establish and maintain Project Work Breakdown Structure (WBS), Cost Breakdown Structure (CBS), and CTRs
• Prepare monthly cost reports including budget status, VOWD, commitments, final forecast, trend analysis, and cost phasing/S-curves
• Develop and manage AFE and cost centre structures for accurate cost allocation
• Track and report Owners' costs to ensure full cost visibility and accuracy
• Calculate project progress using progress reports, deliverable registers, CTRs, and other documentation

Qualifications

• Bachelor’s degree in Engineering or related discipline
• Minimum 8 years’ experience in project cost engineering within large-scale projects (onshore/offshore, brownfield and greenfield)

Skills & competencies

• Strong analytical and cost-control skills
• Proficient in MS Excel and SAP
• Knowledge of stage-gate project delivery processes
• Strong communication and interpersonal skills
• High attention to detail and ability to meet tight deadlines
• Strong organisational and planning abilities