26 June 2009

Cost Engineer

Position: Cost Engineer
Location: KualaLumpur, Malaysia
Commence: Aug2009
Duration: Permanent
  • Provide cost control services in support of project activities, including cost estimating, data base management, progress and analysis, VOWD analysis, trend analysis, forecasting, variance analysis and budgeting.
  • verification of costs that are charged in terms of contractual validity and conformance with contractual compensation provisions.
  • Bachelor degree in Engineering or equivalent
  • 5years cost engineering experience with both fixed and variable cost analysis procedures in O&G
  • 5years experience with routine cost estimating methods
  • experience and thorough knowledge in Cost control data bases such as MS-ACCESS and MS Excel Pivot Table, Using Work Breakdown Structures (WBS) and Standard Codes of Account (SCOA)
  • Reconciling VOWD estimates with commitments and actual costs plus accruals
  • Performing variance analysis and distinguishing between scope of work, currency, escalation and timing differences
  • experience in reviewing contracts and extracting of relevant cost information for contract analysis is required