Cost Specialist

Job Title: Cost Specialist
Contract Type: Contract
Location: Chatham, Canada
Salary: Competitive
Start Date: 2019-06-05
Reference: BH-109652
Contact Name: Melissa Sim
Contact Email:
Job Published: June 06, 2019 18:25

Job Description

NES Global Talent is a leading global technical recruitment company providing professional contract and permanent staff to a diverse world-wide client base within the oil & gas Industry. Our client, a major oil and gas pipeline company, is currently seeking a Cost Specialist  based in  on a 6 month contract with possibility of extension, based in Chatham,Ontario .

Individuals WILL need to be local to the area as no relocation/LOA is provided.


Education / Experience:

 Bachelor's degree in financial discipline, engineering, or technical field.

Certifications: Working towards a Certified Cost Engineer (AACE's CCC/ CCE) or Project Management Professional credential (PMP) is preferred.


•           Daily and weekly tracking and reconciliation of contractor costs based on source documents (i.e. timesheets) in accordance with Engineering Construction processes and procedures.

•           Review AP invoices and Tracking/Forecasting reports for proper collection of incurred costs and accruals.

•           Review all 3rd party invoices (accruals) incurred by APs and ensure they are up to date. Cross reference for duplication.

•           Run CARS reports to verify all approved invoicing has been properly billed by APs.

•           Interfacing with project managers and contractors to promptly resolve AP invoicing discrepancies.

•           Arrange weekly Project Controls meeting with AP and Project Managers and take meeting minutes.

•           Prepare AP project Close-out forms and AP Change Orders for Project Managers.

•           Weekly tracking and on-going reconciliation of NDE costs (i.e. Acuren). Track costs against P.O. limits

•           Weekly tracking and on-going reconciliation of geotechnical, electrical, third party engineering studies, as required. Track costs against P.O. limits

•           Weekly tracking and on-going reconciliation of internal costs through SAP (i.e. SMC, lands, first nations)

•           Weekly tracking and on-going reconciliation of Inspection costs (i.e. TES)

•           As required, run by-weekly BPC report to update project actual costs for O&M and Integrity Capital accounts

•           As required, run BPC report to update project actual costs for turnkey projects

•           Preparation of weekly and up-to-date budget and variance reports, as requested by Project Manager



•           Proficient in Excel

•           Excellent verbal and written communication skills to present data and analysis.

•           Maintain positive working relationship with project managers and APs 

•           Capability to handle multiple projects in established deadlines while managing priorities and stakeholder expectations.



•           College/University degree diploma in Business Administration or Accounting strongly preferred

•           Experience working on construction projects in the utilities or oil & gas sectors

•           Working knowledge of cost controls tools