The Forties Pipeline System (FPS) is a 100% INEOS owned integrated oil and gas liquid transportation and processing system. We are currently seeking to recruit a Cost Engineer to be based in our HQ Building in Grangemouth. This position will provide cost assurance support to both capital projects and operating expenditure as required.
Provide accurate and transparent cost control and reporting for Ineos FPS by evaluating, analysing and challenging spend for Capital Projects, Turnarounds and Operating Expenditure (Opex).
Ensuring costs are managed responsibly within the approved budget, capturing all expenditure and allocations accurately including achievable forecasts over the term of the project or work scope.
Confident working with detailed, WBS based cost estimates and excel based cost reports.
Responsible for monthly reporting updates of Value of Work Done (VoWD) and forward forecasting including forecast phasing.
Consultation with sub-contractors regarding invoices and payment applications with the ability to interrogate relevant systems to ensure accurate results.
Highlight to applicable budget holder and progress project change orders, ensuring that the cost report correctly reflects the type and amount of change and is fully auditable.
Ability to identify trends early, highlight potential increases and risk to costs to relevant budget holder and offer corrective measures.
Assist with the validation of variation requests from 3rd parties
Prepare, schedule and be responsible for monthly cost meetings with budget holders and PM’s
Ensure efficient and timely closure of PO’s in relevant systems including the technical and financial close of all projects and work scopes at completion.
Qualifications, Knowledge and Skills
Appropriate Quantity Surveying/Cost Engineering qualification beneficial
Previous experience in a Cost Engineering role essential
Familiarity with Maximo/SAP systems desirable
Advanced excel skills preferred but on-site training and support is available.
Ability to manage time effectively to achieve targets and objectives within deadlines.
Self-starter and comfortable with communications at all levels in the organisation with a focus on delivery, accuracy and support of all assigned projects.
Please apply by uploading your CV through this advert.
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