• Responsible for compiling Budgets – Corporate and Joint Venture (including preparation of Budget inputs required for approval) as per Group and JV guidelines
• Prepare cost performance and planning reports (VOWD, forecast, Estimate to Complete actuals, etc)
• Cost analysis, cost controls and reporting activities for OPEX and CAPEX projects.
• Ensure there is accurate monitoring in place for actual spend against budgets, analyse deviations, and recommend remedial actions.
• Prepare and report cost engineering information monthly and additional ad-hoc reports as required by budget holders/Management.
• Assist Budget Holders integrate cost management and activity planning
• Ensure accurate cost tracking and progress measurement systems are in place for all departments
• Coordinates cost down efforts by working closely with budget holders on establishing targets, and comparing to the estimates or recommended target cost
• Provide expenditure phasing and projections in line with schedules and contract compensations terms and conditions.
• Proactively advise management when forecasted costs exceed the approved budget.
• Prepare AFEs and submit to JV Management for internal and external approval.
• Analyse contractors’ cost reports and extract required data for management reporting.
• Ensure accurate tracking of all Purchase Orders (POs) and advise budget holders before POs and budgets are overspent in liaison with Contract and Procurement representatives
• Provide Value of Work Done assessment based on established progress system & contractor reports.
• Initiates appropriate action when total forecast indicates allocated funds will be exceeded.

Skills

Ability to multi-task simultaneously.

Knowledge and application of Cost and Planning Engineering principles.

Good knowledge of planning, cost management and reporting systems together with ability to consolidate project data from several sources for overall presentation

Highly proficient in Microsoft Office Suite, especially, Excel.

Knowledge of design and implementation of projects preferably in the offshore oil and gas industry.

Working experience with established cost management and planning software

Education And Experience

Engineering degree or equivalent project controls experience

Minimum of 10 years of Cost Engineering experience preferably in the offshore oil and gas industry.

In Tullow, all individuals are treated fairly and respectfully, and everyone has equal access opportunities and resources to enable them to contribute to Tullow’s overall success.