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Cost Accountant


£200 - £300 per day


Our client a leading Oil & Gas Operator are seeking a Cost Accountant for an ongoing contract opportunity based in Aberdeen.

  • Position Overview
  • The Cost Accountant will support relevant PREs (Persons Responsible for Expenditure) in the cost management of allocated cost categories
  • / activities potentially both opex and capex. Cost management duties to cover all aspects of the cost cycle: planning, forecasting, tracking
  • and optimisation. Cost Analyst will work closely with the relevant PREs / Engineers to optimise costs across work programmes.
  • Accountabilities
  • Support the preparation of annual budgets for allocated cost centers within the Assets
  • Accurate forecasting against allocated budget
  • Maintenance of standaridised, simplified and automated cost trackers
  • Provide robust support within the procurement process in relation to raising of commitments and liaising with vendors
  • Provide robust cost challenge, internally and externally, in support of cost optimisation
  • Solid understanding of key contracts underpinning allocated areas of responsibility
  • Developing and maintaining a close relationship with the Bangalore JV Finance team
  • Key Duties
  • Provide support to Asset PREs across the full spectrum of cost management. Primary focus will be gross costs
  • Cost control, providing appropriate level of reporting to Analyst Lead or Finance lead, and supporting other Team Leads
  • Monitor commitments, ensuring correct allocation of costs
  • Act as focal point for cost and invoice management for assigned Contractor(s) / categories
  • Update relevant cost forecasts (Infocore)
  • Work with PRE to ensure / identify funding availability for new / emergent work, ensuring appropriate reporting of substitution or
  • additional funding requirement
  • Apply best practices across delivery, leveraging cost engineering experience to date
  • Establish and maintain strong, highly effective working relations with Asset Accountant / Business Analysts
  • Liaise with SCM Contract Analysts as required
  • Liaise with Third Party Vendors as required
  • Provide SAP reports to enable detailed analysis of Asset spend and develop knowledge of SAP modules and processes
  • Other ad hoc cost related delivery
  • Assist in other asset areas as required
  • Education Attainment & Accreditation
  • HND or ideally degree qualified or equivalent in an engineering or business discipline, with extensive experience within the oil and
  • gas industry
  • Professional Skills & Experience
  • Significant practical cost and financial planning experience gained within a production / maintenance / operations environment.
  • Proven cost management skills / experience
  • Experience of commercial negotiations preferable
  • Interpersonal Skills & Qualities
  • Excellent interpersonal skills
  • Good team player
  • Ability to challenge effectively, embrace change and continual improve

Posted 29 days ago

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