Cost Engineer

Job#: 3023855

Job Description:

Cost Engineer Job Description

Job Summary:

The Cost Engineer will serve as the subject matter expert (SME) in unconventional oil and gas completions cost details. He/she will be responsible for establishing and implementing annual budget / quarterly outlook / ad hoc scenario guidance, provide support and consultation to execution team, and perform cost and budgetary analysis, among other functions. This person must be a self-starter and should have excellent communication and organizational skills, team-building know-how and project execution experience utilizing project controls and budgetary systems.

Job Duties:

Develop and continually improve budgeting, financial projections, and capital forecast

Develop financial models and analyze them to support strategic initiatives

Provide leadership and strategic thinking to projects including planning, cost estimating, contracting and tracking

Support Execution Planning & Performance and Well Delivery and Well Servicing teams and with data-driven analysis

Manage capital cost forecasting and AFE creation software (PLEX), owning standard configurations and item rates

Prepare regular reports on an annual/quarterly/monthly/weekly basis or as needed

Present Capital Projects monthly / quarterly financial reports

Analyze the trends of Key Performance Indicators (KPIs), relating to budget / outlook vs actuals

Monitor KPIs and identify the cause of any unexpected variances

Dive deeply into financial data and become a subject matter expert to provide additional insight

Identify and understand business challenges; propose and create solutions

Collaborate with finance and accounting teams to ensure accurate cost allocation, tracking of capital expenditures, and compliance with financial reporting requirements.

Develop and maintain effective relationships with business partners and cross-functional teams at all levels of the organization

Performs other/additional duties as assigned by Supervisor

Qualifications:

Bachelor's Degree in Engineering, Business or related field required

Minimum three (3) years' experience in a technical engineering role supporting stim and post-stim operations

Experience in unconventional oil and gas field execution (drilling, completions, operations, or facilities) required.

Excellent communication, leadership, organization, planning, and supervision skills

Solid understanding of project management principles, cost control techniques, and financial analysis

Knowledge of PLEX or other industry-standard cost engineering software, such as Oracle Primavera Unifier, P6 or similar cost management tools. Familiarity with financial systems and tools (e.g., ERP systems, financial modeling software, WellView / Siteview) and ability to integrate financial data with engineering and operational data.

Interpersonal and communication skills with the ability to interact with various management levels

Superior attention to detail and ability to successfully manage multiple competing priorities while maintaining a view of the big picture

Ability to comfortably work on several projects at once

Ability to motivate and leverage resources to provide appropriate support for multiple projects

Ability to work and lead different groups to work together as a team

Strong Excel, Word, and PowerPoint skills

Proficiency in data visualization tools such as Spotfire, Power BI, or similar platforms, with the ability to create visually compelling and interactive dashboards preferred.

Salary competitive and commensurate with qualifications and experience

Apex Systems is a world-class IT services company that serves thousands of clients across the globe. When you join Apex, you become part of a team that values innovation, collaboration, and continuous learning. We offer quality career resources, training, certifications, development opportunities, and a comprehensive benefits package. Our commitment to excellence is reflected in many awards, including ClearlyRated's Best of Staffing in Talent Satisfaction in the United States and Great Place to Work in the United Kingdom and Mexico. Apex uses a virtual recruiter as part of the application process. Click for more details.

Apex Benefits Overview: Apex offers a range of supplemental benefits, including medical, dental, vision, life, disability, and other insurance plans that offer an optional layer of financial protection. We offer an ESPP (employee stock purchase program) and a 401K program which allows you to contribute typically within 30 days of starting, with a company match after 12 months of tenure. Apex also offers a HSA (Health Savings Account on the HDHP plan), a SupportLinc Employee Assistance Program (EAP) with up to 8 free counseling sessions, a corporate discount savings program and other discounts. In terms of professional development, Apex hosts an on-demand training program, provides access to certification prep and a library of technical and leadership courses/books/seminars once you have 6+ months of tenure, and certification discounts and other perks to associations that include CompTIA and IIBA. Apex has a dedicated customer service team for our Consultants that can address questions around benefits and other resources, as well as a certified Career Coach. You can access a full list of our benefits, programs, support teams and resources within our 'Welcome Packet' as well, which an Apex team member can provide.