Wells Cost Engineer

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Wells Cost Control Engineer</p>
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Our client, an Oil and Gas Operator is seeking an experienced Wells Cost Control Engineer. It is an initial 12 month PAYE contract role with a hybrid working system in place.</p>
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Job Overview</p>
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The Wells Cost Controller Engineer provides cost control support to Well Operations team within the client.</p>
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Accountabilities</p>
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Implement and maintain a complete well cost accounting control procedure for the company Wells and Intervention department</p>
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Support the Wells department AFE/high level budget procedures</p>
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Create individual Well AFE estimates in conjunction with engineers</p>
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Monthly overview and review of issues with Head of Wells</p>
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Weekly overview and review of costs with Well Superintendents</p>
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Stock and logistics management</p>
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Ability to constructively challenge and guide the Wells team with regard to costs</p>
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Ensure estimated final well cost is within +/- 5% of actual well cost</p>
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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</p>
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Ensure that all AP issues are corrected in a timely manner</p>
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Ensure that all vendor queries are corrected and challenge quotes</p>
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Ensure key vendors provide regular cost reports</p>
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Maintain a robust savings register </p>
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Check and record correct allocations of shared or common costs</p>
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Check vendor invoices are complete, contract compliant and coded correctly</p>
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Work and manage external companies when activities are outsourced - ensuring they adhere to SE standards and guidelines</p>
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Investment tracking and review</p>
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Well forecasts UK</p>
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Working to all associated Cost Control procedures and processes</p>
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AFE tracking and maintenance in SAP</p>
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Finance support to upstream functions</p>
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Provide support to the Business Finance Planning and Reporting team</p>
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Provide internal training </p>
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JV audit process for wells</p>
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Completion well reconciliations - ensuring that any variances are identified, investigated and resolved</p>
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Competencies and Qualifications</p>
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Ability to take the initiative and to work autonomously</p>
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Strong technical accounting skills</p>
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Analytical and systematic approach with an eye for detail</p>
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Open and effective communicator</p>
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Education</p>
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Relevant degree within Accounting or appropriate and verifiable experience within the role at a similar E&amp;P company</p>
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