Cost Engineer - BP - Oman

Key accountabilities
•Establish and maintain relationships with the project team, stakeholders, partners, functional experts and advisors to exchange information relevant to the Cost Engineering processes.
•Ensure all cost coding, data interfacing and reporting requirements are communicated and agreed with all stakeholders so that these requirements are captured in the Accounting System, the BP Cost Database, Contracts and POs in a timely manner.
•Plan and manage FOREX expenditures and implement processes (including hedging if applicable) in conjunction with strategy set by the Finance team.
•Support development of the Original Control Budget (OCB) from the phased Final Cost Estimate and maintain the Current Control Budget (CCB) using the budget change process.
•Establish clear ownership and accountability for budgets with Budget Holders.
•Implement processes which encourage early recognition and assessment of risks, opportunities and trends that could affect the Forecast Final Cost (FFC) and annual expenditure forecasts.
•Support implementation of the system for cost management and reporting, including set-up of required interfaces.
•Check that sufficient uncommitted budget funds are available for requisition approval prior to the award of a contract or a purchase order; provide assurance to budget holders and project management that any commitment will be subject to due cost control process.
•Estimate VOWD to enable the calculation of accruals and reconcile the Project Accounting System with the BP Cost Database.
•Validate Contractor cost related data for accuracy and compliance with contract and project control requirements.
•Track and monitor cost changes and risks and their impact on the Current Control Budget, FFC and UAP.
•Operate and maintain the BP Cost Database and use for all regular project cost reporting.
•Prepare cost stage gate deliverables in accordance with MPcp.
•As part of the Project Services Team, assist with Project Staff Planning and Control using the PSPC (Project Staff Planning and Control) Database.
•Assist the Cost Estimator with estimates, as required.
•Provide support for Request for Proposal (RFP) or Request for Quotation (RFQ) preparation and bid evaluation for all major contracts.

Essential Education •Bachelor’s Degree or higher (Preferably Engineering).
Essential experience and job requirements •10-15 years experience within the oil and gas industry.
•5-10 years of project services and cost engineering experience.
•Good communicator and willingness to access BP extensive cost engineering community of practice.

Desirable criteria & qualifications
•Knowledge of the Kildrummy CostMANAGER database.

•Familiarity with BP’s Major Projects Common Process (MPcp) and Cost Engineering Procedure.
•Experience of a multicultural working environment.
Relocation available Negotiable
Travel required Yes - up to 25%
Is this a part time position? No

About BP Our business is the exploration, production, refining, trading and distribution of energy. This is what we do, and we do it on a truly global scale. With a workforce of 80,000 employees, BP operates with business activities and customers in more than 80 countries across six continents. Every day, we serve millions of customers around the world. We are continually looking for talented, committed and ambitious people to help us shape the face of energy for the future.

Removal Time 23:59 (GMT-05:00) Eastern Time (US & Canada)
Removal Date 26-Sep-2012

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