Cost Analyst (Oil Gas)

Location Singapore
Discipline Oil, Gas & Energy
Job Reference BBBH107074_1636804993
Salary Up to S$0.00 per annum
Client Schlumberger
Consultant Name Veronica Neo Shen Hwa
Consultant Email
Consultant Contact No.
EA License No. 02C3423
Consultant Registration No. R1110855

About Schlumberger:
We are Schlumberger, the leading provider of technology and services to the energy industry. Throughout much of the oil and gas lifecycle in over 120 countries; we design, develop and deliver technology and services that transforms how work is done. We define the boundaries of the industry by unleashing our talented people's energy. We are looking for innovators to join our diverse community of colleagues and develop new solutions and push the limits of what is possible. If you share our passion for discovery and want to find out what you could really do, then here is the place to do it.

  • Reporting into the Regional Costing Manager
  • The Cost Analyst is to prepare and maintain the master costing sheet and the customer compensation sheets for Level 2+ tenders in accordance with the scope of work and commercial requirements
  • The Cost Analyst will use historical commercial data and commercial intelligence to develop cost estimates for Level 2+ tenders, as well as Liaise with Sourcing and the Vendor community to obtain quotations, ensuring the quotations are accurate, valid, and competitive.
  • Create a costing spread sheet that accurately reflects the scope of work and costing responsibilities.
  • Obtain costs for each element on the scope of supply, either via historical data or obtaining quotations
  • Develop and maintain close working relationships with the supporting functions that provide input into the costing processes (e.g. Engineering, Finance, Tax, Sales, Logistics, Manufacturing, Supply Chain)
  • Ensure all elements of the scope of work have been covered in the costing spread sheet.
  • Ensure all costs required to deliver the project are included in the project's cost of sales.
  • Ensure any capital expenditure require to deliver the project is communicated to the sales and tender lead for management approval
  • Review all quotations received from 3rd party vendors for compliance with the costing instructions.
  • Review all incoming costs for completeness and compare with similar/recent benchmarks to ensure competitiveness
  • Conduct challenges to the costing, when necessary or at the request of the Costing Manager, Tender Lead or Sales Lead
  • Ensure the commercial requirements within ITT documents are reviewed and the necessary exceptions and qualifications are raised.
  • Apply estimating allowances, as required, to reflect uncertainties within the base costing.
  • Prepare P&L's, commercial Gate Approvals slides and tender compensation sheets.
  • Ensure compensation sheets are compliant with customer instructions and reflects instructions received at the various Gate Approval reviews
  • Manage the costing aspects of the post-tender clarification process and maintain a clear and traceable history of cost changes for each tender during the tender clarification phase
  • Complete a commercial handover package to the execution team. Ensure information is prepared within the set deadlines
  • Maintain a commercial/costing database to record and review data from historical commercial contracts to support commercial decision making during various stages of the tender cycle.
  • Degree qualified in Engineering, Business, Finance or related field
  • 5 years' experience in relevant, related fields
  • Working knowledge of SAP
  • Understanding and appreciation of commercial terms and mechanisms
  • Understanding and appreciation of project and product cost structure, market pricing and P&L's
  • Understanding and appreciation of tax and finance mechanisms.
  • Understanding of typical engineering bill of materials
  • Understanding and appreciation of contract law

If you possess relevant skillsets, do apply with an updated CV in word format.
We shall contact shortlisted candidates.

Veronica Neo Shen Hwa -
Personnel Reg No: R1110855
EA Licence No: 02C3423
Schlumberger is an equal employment opportunity employer. Qualified applicants are considered without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or other characteristics protected by law.

Veronica, Shen Hwa Neo EA License No.: 02C3423 Personnel Registration No.: R1110855

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