Cost Control Engineer (06/12/2024) Paris, France
We are looking for a Cost Control Engineer for one of our clients with the following details:
Location: France (La Défense)
Start Date: January 2025
Contract Duration: 12 months (renewable)
Status: Residential
Qualification and Experience Required:
- Education: Degree in Accounting, Engineering, or a related field.
- Language: Fluency in English (mandatory).
- Skills: Strong analytical abilities, understanding of project execution and handover requirements, and excellent IT proficiency.
Experience:
- 10-15 years in professional roles.
- 5-10 years in similar cost control positions, preferably in the Oil & Gas industry.
- Familiarity with cost control systems and tools like SAP, Excel, PowerPoint, and PDF software.
Mission / Scope of Services
- The Cost Control Engineer will oversee and coordinate cost control activities for contracts required during the project's lifecycle and FEED (Front-End Engineering Design) activities up to close-out. The role includes ensuring compliance with company procedures and providing financial oversight to maintain cost efficiency and transparency.
Key Responsibilities
Compliance and Conduct
- Uphold exemplary behavior aligned with the company's "Code of Conduct" and HSSE regulations.
- Implement and adhere to HSE rules within the area of responsibility.
- Stay informed on company policies and procedures related to cost control.
Core Activities
- Coordination: Organize and oversee all cost control activities for the project.
- Budget Management: Assist in preparing, consolidating, and reviewing budgets (annual, multi-year) and updates with inputs from the project team.
- Invoice Approval: Review and approve invoices, ensuring compliance with contracts, company policies, and financial standards (e.g., Sarbanes & Oxley).
- Cost Monitoring: Track and report cost trends, drifts, and variances; maintain the final cost estimate and produce monthly cost reports with analysis.
- Liaison with Finance: Collaborate closely with the Finance Department on commitments, invoice payments, accruals, and payment claims.
- Cost Coding: Provide advice and recommend improvements to the cost-coding structure.
- Reporting: Prepare detailed cost reports for internal and external stakeholders, including partners and authorities.
- Process Development: Create and update cost control procedures to align with evolving project philosophies.
Problem Solving and Improvement
- Analyze deviations, identify solutions, and recommend corrective actions.
- Gather lessons learned and contribute to the development of cost control practices across projects.
If Interested Kindly apply.