Cost Control Engineer – Altea Energy

Key Accountabilities

• Coordinate with planning engineer and budgeting team to develop and review the annual Work Program & Budget (WPB).
• Monitor and manage the budget and spending as well as reporting monthly, quarterly and annual statistics of comparative cost analysis e.g. actual spending vs budget.
• Coordinate with suppliers and GHBR Finance department on invoice processing in close cooperation with planning engineer.
• Review and process invoice to confirm service received and/or goods receipt for internal approval and ensure compliance with regulations and contract obligations.
• Perform tracking of invoice and cost/budget control for operations and logistics activities
• Forecast the cost to complete and cost at completion against the approved budget.
• Analyse, identify and investigate any discrepancies or unusual expenditure.
• Design and create network/structure data in SAP system.
• Coordinate with users to prepare Approval for Expenditures (AFE) and ensure the correctness as well as the compliance with approved WPB.
• Create Purchase Requisition (PR) and Purchase Order (PO) ensuring compliance with WBS cost coding, budget, etc.
• Keep updated the progress of ongoing activities and perform accrual for the service received in close cooperation with GHBR Finance team before month-end closing.
• Monitor the correctness and timeliness of payment transaction.
• Participate in audits and provide necessary documents, if required.
• Any other work assignments from time to time.

Professional Knowledge & Experience

• Degree in accounting or equivalent.
• Have cost control experience in oil & gas operations.
• Experience in SAP software and system.
• Good command of written and spoken English and French. Additional Desirable Qualifications:
• Familiar with oil & gas operations requirements and procedures in Algeria are an advantage.