Oceaneering
Senior Cost Engineer
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Job Description
The focus of this position will be working within the regional Project Controls function, directly supporting Projects in the creation, updating, and analysis of cost management tools in a manner aiding Project management review, decision making, and forecasting.
Responsibilities
Cost Tracker
- Update cost tracker based on schedule updates/changes
- Maintain Project Forecast
- Update with actual billed i.e PM&E, etc.
- Add any additional non-reimbursable costs
- Update VO LS rate if changes (this will increase as more VO’s get closed out/added)
- Support Finance analyst with queries
- Regular cost tracking meeting
- Assist with Cost analysis & closing of any activity codes
- Assist cost analysis with Revenue allocation
VO’s
- Maintain VO tracker
- Create new VO’s for reimbursable costs
- Update/rewrite VO’s if new costs incurred/requests have changed
- Draft & finalize VO’s - once internally reviewed.
- Attach appropriate backup (quotes, invoices, etc.) & approvals – make sure all is saved in VO folder too.
- Get internal approval (PM) for VO.
- Hold weekly VO/Cost Meeting with client and have clear actions in place to discuss.
- Get external approval (client to sign off in weekly meeting)
- Ensure PO coverage to Bill complete VO’s.
- Collate and attach all Back up, inc 3rd party, signed timesheets, email approvals, DPRS and send to QtC alongside signed VO so billing process can begin.
Timesheets
- Populate PM&E, Onshore Readiness & VO timesheets
- Create ‘VO’ timesheet for increased personnel in-country i.e. above personnel in personnel uplift rate
- Review TS in meeting with client and get signed off
- Use GM reports for charging travel/mob days
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Billing
- Create commercial summary where appropriate & get PM to sign off
- Send QtC Billing request with all back up in a clear manner
- Ensure PO coverage (I maintain a PO analysis to keep on top of this)
- Answer any QtC queries and be point of contact between QtC & client
- Send Draft invoice to client for approval
- Send client confirmation to Billing so they can complete & send out final invoice
- Update S/sheets & VO tracker with invoice # and ensure copy of invoice is saved on SP.
- Hold weekly meeting with QtC and have clear actions in place to discuss.
PO’s
- Maintain PO analysis
- If uplift/new PO is required, provide estimates as early as possible for client to action
- Once commercial review & sign off the PO, confirm the order in client system.
Additional
- Other duties as assigned.
Supervisory Responsibilities
This position has no direct supervisory responsibilities.
Reporting Relationship
Reports to Project Controls Lead – Eastern Hemisphere
Required
QUALIFICATIONS
- Must have a minimum three (3) years of experience in cost engineering
- Must have three (3) years’ experience and responsibility of project cost management and reporting in an industrial environment throughout a project’s typical life cycle (Sales, Engineering, Procurement, Testing, and Offshore Execution)
Desired
- Experience with Enovia and PeopleSoft
- Proficient with Microsoft Excel: expertise in complex formulas and functions, pivot tables, macros
- Knowledge of integrating Primavera P6 with other enterprise systems, such as enterprise resource planning software.
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Knowledge, Skills, Abilities, And Other Characteristics
- Comprehensive understanding of project management principles, methodologies, and best practices.
- Ability to evaluate project performance, identify variances, and propose corrective actions.
- Strong analytical and problem-solving abilities, with attention to detail and accuracy.
- Ability to effectively communicate in English with project managers, engineers, and stakeholders both verbally and in written form.
- Strong organizational and time management skills to meet project deadlines
- Proactive and adaptable mindset to anticipate and address potential issues or changes in project schedules
- Commitment to continuous learning and staying updated with the latest industry trends and advancements in project management software and tools
- Ability to work independently and as part of a team, displaying professionalism and maintaining a positive attitude.
- Proficiency with MS Office applications, primarily Word and Excel, is required.
- The ability to organize disparate information into a usable form is required.
About The Team
Focusing on deepwater installations and field developments, we deliver tailored solutions—from the routine to the extreme. We provide fit-for-purpose engineering design through the entire asset lifecycle, including decommissioning. We contract, manage, engineer, and execute projects using our global vessel fleet, including Jones Act-compliant vessels, advanced technologies, and highly skilled personnel.
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