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Senior Cost Analyst

  • Job reference: 926652
  • Location: Aberdeen
  • Salary: Negotiable
  • Job type: Contract
  • Sector: Analysts, Supply Chain and Procurement
  • Date posted: 17/07/2019

Our client is currently recruiting for the position of Senior Cost Analyst (Drilling), based in Aberdeen.

MAIN ACTIVITIES:
Assisting in the preparation of budget(Opex/Capex/Exploration/Departmental)
Cost reporting and analysis.
Providing financial information and support to management
Develop and maintain the respective Corporate Budgets and Forecasts and take responsibility for the content and cost reporting of this data.
Ensure that data meets with Company and Joint Venture requirements and adheres to the relevant timetable/deadlines
Liaise between the Asset Cost Performance teams to ensure consistent workscopes and budget scenarios
Develop and maintain reports in SAP to monitor expenditure against Budgets, Forecasts, Commitments and AFEs as appropriate.
Conduct monthly reviews of the Cost Control data with Budget Holder and update as appropriate in-line with significant activity changes in the monthly corporate planning.
Consolidate the Forecast information for the respective area and feedback on any changes to Forecast along with commentary
Produce and review monthly with Budget Holders to agree the Forecast and confirm variance commentary is correct
Produce an appropriate level view of Organisation forecasted costs and the indirect units as necessary for the respective area
Compile further cost reporting on respective area to Management, Finance and JV Partners. Ensure appropriate commentary and advice is given.
Identify and plan actions required with Budget Holders on areas of spend to be challenged
Work closely with Management in the evaluation of technical/commercial aspects of commitment proposals, giving appropriate advice on performance factors in order to assist management in the selection and award of contracts
Provide summarised and detailed cost estimates from scopes for discussion/approval by management/proponent for inclusion into AFEs and Budgets
Highlight overall trend of costs and gap analysis; ensuring full allocation of Organisation, Logistics and other shared pool costs.
Assist Contract Compliance Group in ensuring effective and efficient invoice administration
Work proactively with peers within the department to ensure that data sent from the department is validated, timely and approved by the relevant personnel and in turn that data used from external departments is approved by the relevant authority in those areas
Responsible for providing back up to the Cost Administrators with Contract Representatives for amendments to commitments as and when required
Provide support in each of the areas within Cost Control as required SOX & Internal Control
Ensure that all Internal control and SOX procedures are fully complied with

SPECIFIC REQUIREMENTS:
Degree holder and qualified accountant (CIMA) (preferred)
Experience gained in the oil industry in a business and commercial or finance environment
Good understanding of the technical operations of drilling activities within the oil and gas industry
Excellent analytical skills and a sound knowledge of financial analysis techniques and economic measures
Experience of budget preparation, cost control and planning within a large organisation
Knowledge of Accounting and Reporting standards
Computer literate with experience of various applications (primarily SAP, Excel and Powerpoint)

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 926652.


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.