Cost Control & Procurement Analyst - Trinidad

Massy Wood is currently recruiting for a Cost Control & Procurement Analyst with some experience in the oil and gas industry.

Overview / Responsibilites

The Cost Control & Procurement Analyst supports with preparation and reporting of project cost budgets, and the tracking, management and reporting of project expenditure to enable robust control of projects throughout their lifecycle. This will typically involve the review, analysis and reporting of actual and forecasted project costs against the project approved budget. The role will also support procurement activities and maintaining subcontractor documentation and compliance.

• Assist in the development and maintenance of Project Work Breakdown Structure (WBS) and Cost Breakdown Structure (CBS) for specific scopes
• Assist in the development of project budgets in accordance with the Basis of Estimate including statements of work scope, assumptions, man-hour estimates, narratives and review & comment of client documents
• Liaise with procurement, finance and time-capture functions, and third parties as required, to support accurate and timely capture of procurement, materials, subcontract and labour manhour costs, allocating costs in accordance with approved project WBS
• Liaise with engineering, procurement and construction functions, and others as required, to maintain awareness of project activities and their impact on the project budget, schedule and cost forecast.
• Support the project work approval process in terms of accurate cost code allocation and initial budget set-up and approvals
• Assist in the development and maintenance of project cost budgets using appropriate software applications
• Monitor cost commitments and expenditures through all phases of project lifecycle
• Provide input to project cost performance reports in accordance with project reporting requirements
• Support the preparation of updates to project cost forecasts
• Assist in the monitoring and reporting on cost impact of project manpower forecasts
• Assist in development of project change orders / variations in accordance with engineering and construction change notifications
• May facilitate and communicate cost and schedule impact of change notifications.
• Monitor overall project cost performance and contingency drawdown.
• Be responsible for Co-ordination of responses and discipline review in respect of Supplier/Subcontractor Prequalification to determine supplier capabilities
• Identify suppliers of products and services utilizing Massy WG’s Approved Vendors List (AVL), review performance feedback.
• Initiates bid/quote process for low value services, supplies and equipment; consults with users and outside consultants to develop specifications; prepares bid documents and oversees the bid process; performs bid analysis and makes recommendations regarding purchases.