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| Job Title : |
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Cost Analyst |
| Job Reference : |
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BBBH1098369_1556720542 |
| Location : |
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Aberdeen, Aberdeen, United Kingdom |
| Salary : |
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Up to £0.00 per annum |
| Posted on : |
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Fri Sep 18, 2026 |
| Apply before : |
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Thu Dec 31, 2099 |
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| Experience required : |
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< 1 year |
| Job category: |
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Others |
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| Job Description |
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Airswift are recruiting for a Cost Analyst to join an operator client of ours based in Aberdeen.
Reporting in to the Planning & Investment Manager, you'll be responsible for collation, analysis and reporting all DIM project costs through the project life cycle from Appraise to Close-out including both Decommissioning and Wells activities. This involves working closely with the decommissioning projects and wells team in order to ensure accurate budget allocation, alliance between the cost report and the WBS and accurate capture of costs and forecasts.
Start date: Early June
Contract: 9-12 months
Rate: open to hear candidate expectations
Accountabilities
* Develop and maintain project progress reporting across DIM portfolio
* Update and maintain cost forecast and phasing, ensure accuracy as per AFE scope and vendor contracts
* Support the development of project cost estimates for projects executed within the function
* Develop, update and maintain excel cost trackers for all scheduled DIM assets as per the OGA WBS Structure
* Develop, update and maintain excel cost trackers for all wells investment activities
* Support the compilation and preparation of the annual internal budgets and quarterly re-forecasts
Key Duties
* Facilitate monthly cost reviews with DIM Managers, PREs, PMs and Project Engineers, ensuring forecast and phasing is robust and highlighting areas of concern / opportunities
* Interrogate project activities, including monthly time-writing reports, ensuring correct bookings and updates across AFEs
* In conjunction with relevant PREs and Project Engineers, compile annual internal budgets and quarterly re-forecasting, in alignment with the OGA WBS and nested project structure to the demands of the business
* Liaise and work closely with the wells group to allow well costs to align and feed directly into the cost reports, dashboards and other reporting requirements including cost curves which align to the OGA WBS and the nested project structure.
* Update and maintain VoWD, reconcile and ensure actuals and accruals are valid, and provide variance analysis input to the asset dashboards and scorecards
* Update and maintain monthly progress reports, provide variance commentary where applicable
* Support the preparation of annual project budgets/quarterly re-forecasts and monthly cost reporting
* Identify the need for change control and supplementary AFE's and manage and assist where required
* Provide guidance to Project Engineers in the preparation of AFEs and advise Business Analyst on the budget drawdown
* Work closely with JV Finance team in Bangalore to provide opex study allocations to the relevant study asset codes
* Liaise with and support vendors, SCM and other functions as required in order to ensure cost reporting compliance
* Assist with the preparation of IREX orders. Review and validate within the Maximo procurement system, in line with AFE budgets and the OGA WBS structure
* Participate in internal and external compliance audit processes as required in regard to the control of DIM costs
* Review and approve project invoices within the DFM invoice system in line with forecast and commitments raised
* Update monthly forecasts into the Infocore forecasting system for all scheduled DIM assets with multiple cost centres and GL's
Education Attainment & Accreditation
* Degree qualified in an Engineering / Business discipline or equivalent
Professional Skills & Experience
* Extensive cost experience gained within the Oil and Gas Industry, with a working knowledge of the project lifecycle
* Strong excel skills, with a track record of working well in a fast paced environment
Interpersonal Skills & Qualities
* Excellent interpersonal and team building skills, with the ability to form working relationships with personnel at all levels
* Ability to challenge effectively, embrace change and continual improvement
* Good communication skills both written and oral, exhibiting high levels of integrity when handling confidential information |
| Apply before : Thu Dec 31, 2099 |
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