Company: IPMC LIMITED
Skills:Cost Engineering
Experience: 5 + Years
Education: Bachelors/3-5 yr Degree
Location: LAGOS, NIGERIA
ORGANIZATION SUMMARY
IPMC is one of Nigeria oilfield service companies providing innovative solutions, technology, and services to the oil and gas industry. The Company operates in Nigeria and has a network of, manufacturing, service, research and development, and training facilities.
It delivers innovative technologies and services designed to meet the world's current and future energy needs in a safe, ethical, and sustainable manner. Grounded by our core values and inspired by our world-class people, we are committed to being a trusted business partner to those we serve.
Job Description
Work proactively with relevant PRP to ensure that commitments and costs are tracked and controlled
Provide Cost Engineering service to the contract with responsibility for the accurate Cost Reporting of complete projects or individual elements within major projects
Work proactively and meet with the client representatives
Generate and maintain accurate cost reports in a format and frequency that provides clear visibility of the status of expenditure against budgets for internal use
Produce regular cost reports for clients as required by the Contract Agreement or Company requirements detailing CTR and CVO values, client approved PO values, billed to date, committed costs, forecast final costs, as a minimum for external reporting
Identify variances in the project budget and in conjunction with PRP expediently implement corrective actions
Regularly monitor man-hour expenditure versus budget and physical progress, ensuring potential over-runs are identified and actioned in a timely manner
In conjunction with the PRP, responsible for the management and expedient recovery of Work in Progress costs
Maximize sales invoicing on an on-going basis through awareness of project status and billing milestones
Actively participate in project kick-off and progress meetings
Review and commercially approve CTRs / CVOs and terms and conditions
Review and approve client Purchase Orders / PD&MS Contract Review sheets in accordance with contract requirements
Evaluate outgoing RFQs, carry out bid evaluations and provide recommendation for subsequent Purchase Orders in conjunction with the PRP, for 3rd party services
In conjunction with the PRP review and approve all Purchase invoices ensuring compliance with budget
Liaise directly with Finance to ensure sales invoices are prepared and issued in a timely manner and resolve invoicing queries
Proactive in the provision of improvement proposals to streamline the invoicing / cost reporting process
Establish and maintain close working relationships with Finance, Procurement, Planning, and Commercial Teams
Proactively identify and highlight areas of concern or commercial risks to Commercial Manager
Responsible for ensuring professional development is maintained and identified competency requirements are undertaken in a timely manner.
Adherence to the Company Integrated Management System
Compliance with Quality Assurance, Health and Safety, and Environmental Policies
Demonstrate and promote PD&MS QHSE principles and lead by example. Ensure unsafe activities are challenged
Requirements;
Bachelor's Degree or Equivalent in Engineering or other related fields
Minimum of 5+ years of relevant experience
