Graduate Cost Engineer
BUSINESS UNIT: Subsea 7 AMEC
REPORTS TO: Projects Control Manager
OFFICE LOCATION: KSA
Subsea 7 is a global leader in the delivery of offshore projects and services for the evolving energy industry, with over 80 nationalities across more than 30 countries. Everywhere we operate, our people are inspired to develop new ways of working and adapt to the changing energy industry.
We provide project management, engineering, and construction expertise across the full field lifecycle. These services are delivered within three operational business units: Subsea and Conventional, Life of Field, and Renewables and Heavy Lifting.
Within Africa, Middle East & Caspian region (AMEC), we safely execute Subsea and Conventional projects which connect seabed wellhead infrastructures to surface facilities such as platforms and floating production systems. We are actively present in a significant number of countries in Africa, Europe, Caspian Sea, Middle East and Asia.
DESCRIPTION OF ROLE
Under supervision a Graduate Cost Engineer assists Senior Cost Controllers on cost control functions including using cost control software tools to analyse financial data: budgets analysis, re-forecasts, financial reporting, cash-flow.
The work scope is supporting projects in Middle East region. The Graduate Engineer will normally participate in the Graduate Engineer Development Scheme (GEDS) involving off-the-job training, on-the-job development, mentoring and self development.
All personnel are expected to contribute to creating a positive HSEQ culture within Subsea 7 and ensure familiarity with and adherence to local HSEQ codes and practices.
POSITION OVERVIEW
Generic Key Responsibilities & Activities Recognised the objectives for professional development
- Using spreadsheets and cost control software to analyse financial data.
- Be able to assist project cost engineer for creating and analysing budgets, forecasts and financial reports.
- Allocating costs to categories and business areas.
- Tracking labour hours and verifying supplier invoices.
- Analysing variances on forecasted profits and expenses.
- Visiting project sites to observe workflows.
- Planning and managing costs, project scope and scope changes.
- Cash flow forecast
- Support to client invoicing process
- Makes effort to become aware of all relevant safety objectives and legal requirements.
- Participates in meetings/correspondence with Clients, consortium partner and etc. in a junior capacity.
AUTHORITY/DIMENSIONS
- Operate within the Business Code of Conduct.
- Operate according to Subsea 7's Management Principles.
- Support standards and procedures for the Project Control and Cost Control Functions.
KEY QUALIFICATIONS/EXPERIENCE
- Graduate in a relevant Quantity Surveying or Finance Management or science degree.
- May have some directly related work experience.
WE LIVE BY OUR VALUES
SAFETY | INTEGRITY | SUSTAINABILITY | PERFORMANCE | COLLABORATION | INNOVATION
“Our values are not just Corporate words on our Website or a poster on the wall in an office or a vessel. They are our continuous drivers of our behaviors; our actions and they guide our choices.”
John Evans, CEO