Posted 18 days ago

Cost Control Engineer

Key Accountabilities

  • Coordinate with planning engineer and budgeting team to develop and review the annual Work Program & Budget (WPB).
  • Monitor and manage the budget and spending as well as reporting monthly, quarterly and annual statistics of comparative cost analysis e.g. actual spending vs budget.
  • Coordinate with suppliers and GHBR Finance department on invoice processing in close cooperation with planning engineer.
  • Review and process invoice to confirm service received and/or goods receipt for internal approval and ensure compliance with regulations and contract obligations.
  • Perform tracking of invoice and cost/budget control for operations and logistics activities
  • Forecast the cost to complete and cost at completion against the approved budget.
  • Analyse, identify and investigate any discrepancies or unusual expenditure.
  • Design and create network/structure data in SAP system.
  • Coordinate with users to prepare Approval for Expenditures (AFE) and ensure the correctness as well as the compliance with approved WPB.
  • Create Purchase Requisition (PR) and Purchase Order (PO) ensuring compliance with WBS cost coding, budget, etc.
  • Keep updated the progress of ongoing activities and perform accrual for the service received in close cooperation with GHBR Finance team before month-end closing.
  • Monitor the correctness and timeliness of payment transaction.
  • Participate in audits and provide necessary documents, if required.
  • Any other work assignments from time to time.

Professional Knowledge & Experience

  • Degree in accounting or equivalent.
  • Have cost control experience in oil & gas operations.
  • Experience in SAP software and system.
  • Good command of written and spoken English and French. Additional Desirable Qualifications:
  • Familiar with oil & gas operations requirements and procedures in Algeria are an advantage.
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