Summary
Date Posted: Friday, October 27 2023, Base Salary: Not Disclosed

JOB DETAILS:
Senior Cost Specialist
• Setup and write an effective cost engineering plan as part of the Project Controls Plan.
• Setup a WBS and CBS.
• Recast and conform the project estimate into a project budget. And if required correct for errors, late development etc.
• Prepare and/or direct the development of E, P, and C cost databases on any type of project (BE, E, P, EP, EPC, PMC, Multi-office), and guide the development in other project execution centres, as necessary.
• Setup and/or direct the setup of effective physical cost trending tools based on earned value principles, using the company tools.
• Prepare effective cost/quantity analyses, recommendations, including the use of all associated information and tools.
• Prepare a cost forecast at project completion based on an
estimate-to-complete for the remaining work and registered expenditures & commitments.
• Regularly analyse project cost/quantity trending/progress data, forecast trends potential trend from this data, raise issues and advice corrective action.
• Regularly analyse discipline performance, manpower, based on physical, progress, rates and performance. Resulting in cost forecasts per discipline, execution centre and the total project.
• Represent Project Management in client discussions with respect to all aspects of cost management (assess bids, provide counter estimates, (assist in) building or countering claims, (assist in) negotiations). To develop project specific models to support the above.
• Prepare and/or direct the preparation internal and client cost reports (including close-out reports asset-breakdowns etc.)
• Advice project accounting on project-costs, revenues, reservations and margins.
• Set-up and guide a Monte Carlo forecast analysis/ contingency requirement calculations, using the company tools. Be able to build models that fit the project specific requirements.
• Be able to build and maintain incentive forecasting models.
• Set-up and maintain a change management system. (or guide the preparation of such a system)
• Support Risk Management process
• Supervise and or work on multiple projects if required.
• Be able/prepared to act as Project Controls manager on a small project, if required
• Leads the invoicing process with the client te och go.
• Very experienced in cost engineering tools and techniques. Be familiar with material
• Control, estimating and planning & scheduling, and project accounting techniques.
• Uses experience and problem-solving skills to develop and improve processes and to
• Recognize and communicate project issues early.

Basic Qualifications
• Bachelor's degree.
• At least 10 years of relevant experience, and working knowledge of cost control tools with previous experience working on projects across oil and gas and/or petrochemical construction.
• Applies sound knowledge of Project Controls principles in general
• Can handle Cost Control aspects of FEED and large EPC projects independently.
• Leads and guides less experienced Cost Control personnel.
• Manages the team to contribute to a safe working environment. Good Communication skills, team player
• Proficient in Microsoft Excel, Access, PowerPoint & Word
• Experience in working with and in financial data bases like SAP or JD Edwards.
• Experience working as senior cost specialist in international oil and Gas construction projects.


Work Hours: 8

Experience in Months: 120

Level of Education: Bachelor Degree

Job application procedure
Detailed job requirements can be found on the McDermott careers website at
www.mcdermott.com/Careers and searching for Uganda in the location field. All applications must be made via the website and those received from any other source will not be considered. Only candidates who have been deemed to have fully met the requirements of the roles will be contacted for interviews. If you have not been contacted directly within four weeks of your application, then you have not been successful. In support of our commitment to the development of the local community, Ugandan national applicants will be given priority.

The deadline for receiving applications is November, 9 2023.


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