For Employers
Ref:TR/078824
Wells Cost Engineer


12 hours ago
Posted date
12 hours ago
Full-timeEmployment type
Full-time
Our client is currently recruiting for the position of Cost Engineer, based onshore in Aberdeen.  This is a long term contract PAYE role and candidates must have experience in a wells role previously.

Responsibilities:
  • Implement and maintain a complete well cost accounting control procedure for the company Wells and Intervention department
  • Support the Wells department AFE/high level budget procedures
  • Create individual Well AFE estimates in conjunction with engineers
  • Monthly overview and review of issues with Head of Wells
  • Weekly overview and review of costs with Well Superintendents
  • Stock and logistics management
  • Ability to constructively challenge and guide the Wells team with regard to costs
  • Ensure estimated final well cost is within /- 5% of actual well cost
  • Ensure that cost commitment and forecast expenditure is reported on a daily basis during drilling operations and ensuring that all information is accurately and correctly inputted
  • Ensure that all AP issues are corrected in a timely manner
  • Ensure that all vendor queries are corrected and challenge quotes
  • Ensure key vendors provide regular cost reports
  • Maintain a robust savings register
  • Check and record correct allocations of shared or common costs
  • Check vendor invoices are complete, contract compliant and coded correctly
  • Work and manage external companies when activities are outsourced - ensuring they adhere to SE standards and guidelines
  • Investment tracking and review
  • Well forecasts UK
  • Working to all associated Cost Control procedures and processes
  • AFE tracking and maintenance in SAP
  • Finance support to upstream functions
  • Provide support to the Business Finance Planning and Reporting team
  • Provide internal training to other company teams
  • JV audit process for wells
  • Completion well reconciliations - ensuring that any variances are identified, investigated and resolved
Specific Requirements:
  • Relevant degree within Accounting or appropriate and verifiable experience within the role at a similar E&P company
  • Ability to take the initiative and to work autonomously
  • Strong technical accounting skills
  • Analytical and systematic approach with an eye for detail
  • Open and effective communicator
Temporary 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: TR/078824.

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.

Related tags
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JOB SUMMARY
Wells Cost Engineer
Aberdeen
12 hours ago
No experience / No degree
Full-time

Ref:TR/078824
Wells Cost Engineer