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Graduate Cost Analyst

  • Job reference: 935218
  • Location: Aberdeen
  • Salary: neg
  • Job type: Contract
  • Sector: Office & Commercial
  • Date posted: 30/04/2021

Our Oil & Gas Operator client has an excellent opportunity for a Graduate Accountant looking to gain/further their experience in an oil & gas cost based role.

The position would be ideal for someone with a basic cost/accounting experience and also degree qualified in a finance, eg Accountancy and Finance.

This will be a 12 month PAYE contract based in Aberdeen starting asap.


* Analyse actual costs and forecast expenditure as directed and provide details on variances between budget and forecast

* Prepare budgets in conjunction with budget holder and as directed by the Lead Cost Performance

* Challenge forecasts and expenditure to ensure 'value for money' and consistency of approach within context of complex and dynamic environment

* Responsible for raising, maintaining & submitting DEA authority of Asset personnel

* Prepare timely and accurate cost reporting for both internal and external clients

* Regularly forecast expenditure against budget; highlight anomalies; promote cost consciousness amongst budget holders

* Run periodic reports from SAP for use by cost controllers and budget holders e.g. time writing reports, commitment reports & including performing reconciliation of the data, e.g. timewriting, highlighting where time sheets are missing and take follow up action where necessary

* Work proactively with peers within the Asset to ensure that data sent from the department is validated, timely and approved by the relevant personnel

* Ensure data received (and used) from external departments is approved by the relevant authority in those areas

* Responsible for providing appropriate back-up for amendments to commitments to the Cost Administrators, in conjunction with Contract Representatives

* Progress invoice approval in role of financial approver and liaise with technical approvers

* Ensure correct coding is applied to all cost commitments

* Provide support to the periodic manpower forecasting process

* Assist in the preparation of cost estimates and provide detailed cost analysis as required

* Assist with audit, internal & external ( JV ) and SOX requirements as necessary

Experience & Qualifications:

* Candidates should be educated to Degree level in a Finance or Business related discipline

* Professional membership of either CIMA, ACCA or similar would be advantageous

* Previous experience in the oil/gas industry with cost reporting experience

* Detailed understanding of cost control / cost accounting principles

* Sound analytical skills with a knowledge of financial analysis techniques and economic measures

* High level of understanding and proficient use of MS Excel and Powerpoint

* Knowledge and experience of SAP is essential

* Team player with ability to work on own initiative

Contract position

If you feel that you are well suited to the above opportunity and would like to find out more then please contact Orion Group for more information or apply by forwarding your current CV quoting reference 935218.

Our role in supporting diversity and inclusion
As an international workforce business, we are committed to sourcing personnel that reflects the diversity and values of our client base but also that of Orion Group. We welcome the wide range of experiences and viewpoints that potential workers bring to our business and our clients, including those based on nationality, gender, culture, educational and professional backgrounds, race, ethnicity, sexual orientation, gender identity and expression, disability, and age differences, job classification and religion. In our inclusive workplace, regardless of your employment status as staff or contract, everyone is assured the right of equitable, fair and respectful treatment.

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