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Cost Analyst – VR/23844

Status: Temporary
Location: Aberdeen
Ref: VR/23844
Rate: Available Upon Request

Contract position for a Cost Analyst with an E&P company based in Aberdeen. This is an ongoing core role and could become permanent. Candidates will ideally have experience in a similar role within the energy industry.


Main duties and responsibilities

  • Supporting the preparation of annual budgets, reforecasts and monthly cost reporting for functional cost areas within the business.
  • Supporting the preparation of cost estimates for relevant activities.
  • Variance analysis and commentary against budget.
  • Reviewing of activities to ensure accurate forecasts and reporting of costs.
  • Working closely with relevant budget holders and Engineers to optimise costs across work programmes.
  • Providing insight and visibility of costs to the business.
  • Assisting in reviewing operational KPIs and providing analytical insight.
  • Working with budget holders to ensure funding availability for unbudgeted scopes of work.
  • Supporting the AFE approvals process.
  • Assisting in the improvement of the internal control environment.
  • Provision of information as required for JV, Statutory and other audits.


Applicants to this role require

  • Substantial practical cost and financial planning experience gained within a production / maintenance / operations environment.
  • Proven cost management skills / experience with a strong knowledge of cost control, forecasting, cost phasing, VOWD etc.
  • Good understanding of work management and estimating processes and procedures preferable.

TMM Recruitment

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