Cost Engineer II


Job description

Airswift is looking for a Cost Control Engineer to work with a leading Oil and Gas industry in Massachuttes. This professional will be responsible for cost controls, invoices, forecasting, and analyzing productivity factors and cost/schedule performance indices.

Main duties include: 

  • Provide project support on how costs should be planned, tracked, measured, forecasted, and reported during project execution and/or development.
  • Monthly review of cost/cash flow forecasts with the Project Manager and extended project team to generate regular reporting requirements.
  • Provide timely, accurate, and relevant guidance, governance, and support to projects on approved cost controls standards to manage Authorization for Expenditure (AFE) components including External Engineering services, Procurement of Material/Equipment, Construction services, internal cost, Allowance for Funds Used During Construction, Contingency, Escalation, etc.
  • Possess a solid understanding and application of Earned Value Management (EVM) principles and methodology in order to identify, analyze and report cost risks in a timely fashion.
  • Monitor project reporting and identify deviations from standard reports. Assist project cost controls teams with timely and accurate data gathering and delivery issues.
  • Participate and resolve any issues in the execution of joint Cost, Schedule, and Risk Health Checks to verify effective planning and implementation of cost processes.
  • Take interest and actively participate in project meetings with vendors to understand and become familiar with changes in project status in order to provide assistance in the areas of cost.

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