SEM ltd is looking for a Cost Controller. SEM ltd is a vendor of personnel for several clients throughout Newfoundland and Labrador. The purpose of this job advertisement is to source highly skilled local professionals for job placement opportunities that align with their experience.
This position shall be responsible for collecting and analyzing cost and financial data to effectively aid in optimizing execution approach and project proposals. This position interfaces extensively with consultants and contractors, providing strategic guidance and direction to ensure cost estimates, reports, and forecasts produced by the consultants and contractors meet the Company’s requirements.
The ideal candidate will have the experience and education to perform the duties and job functions associated with this position, which include, but are not limited to, the following:
· Assist in the development and implementation of the overall departmental cost control plan for as well as specific projects;
· Participates in the review and preparation of project estimates required for decision gates, regulatory reviews, board reviews, and project sanctions and the establishment of the sanction control budgets;
· Lead the development of departmental cost controlling and reporting processes, including the review of internal corporate cost report and management systems as well as determining the proper interfaces and systems for the department;
· Mentor employees to enhance estimating, cost control, and forecasting knowledge within the organization;
· Be available and participate in any required regulatory reviews, technical sessions, and hearings for major project applications;
· Collect and analyze of cost data;
· Monitor trends and changes and identify potential cost opportunities, risks, or inefficiencies at a program and project-specific basis.
· Assist in preparing screening level cost estimates to support the evaluation of various business planning activities;
· Review and validate construction key cost parameters recommended by consultants, including construction fleet cost and productivity rates, material pricing, etc.;
· Work with Owner's engineering, planning, and construction resources to review and validate construction sequence and methodology proposed by consultants and/or contractors;
· Review estimates, bids, and proposals and aid in the comparison to Owner-approved budgets;
· Review and approve the cost management plans and practices of consultants and/or contractors, ensuring that they are in alignment with Company’s expectations.
· Proactive and ongoing forecasting of project outcomes and reporting trends and variances from the plan;
· Understand the Decision Gate cost estimate requirements for sanction decisions;
· Work with Project Management and Project Controls teams in developing a consistent approach to the establishment of project contingency and making recommendation for contingency setting on a project basis;
· Work with the Project Management and Project Controls teams to manage and control the utilization of project contingency;
· Work with estimators to establish the estimate in a format that facilitates the easy migration into the Control Budget required at Project Sanction;
· Support the independent estimating and analysis of project changes;
· Support the establishment and management of a change management and control system;
· Support the management in decision-making based on cost projections;
· Aid in cost forecasting and suggesting of cost-reduction strategies;
· Work with Finance to ensure required project financial information is provided promptly;
· Support the attest of applications for payment and invoices received from contractors and suppliers;
· Proactive support of a safety culture where "Nobody Gets Hurt"; and
· Other cost and project control duties as required.
· Experience is desired to be at a Senior or Specialist level;
· Experience in the development and setup of cost management and control processes, procedures, structures and systems;
· Experience in developing reporting systems and structures for various stakeholders ranging from Project and Contract Managers to Executives;
· Experienced in the establishment, management, and control of project budgets, including contingency management;
· Experience with a variety of contract types;
· The ability to read, interpret, and understand contracts, technical documentation, and specifications to aid in forecasting;
· Experience in leading project cost review meetings;
· Knowledge and understanding of industry best practices in cost management, forecasting, and reporting, including knowledge of AACE practices in cost management;
· Strong understanding of Earned Value Analysis;
· Expert knowledge of capital cost estimating techniques, in particular, preparation of Owner's Class 3 cost estimates in support of Project Sanction recommendations;
· Field experience on hydropower and large infrastructure projects, including large earth and concrete works, is considered an asset;
· Up to date on the latest construction techniques and industry trends concerning labour, equipment, and material escalation;
· Detailed knowledge of principles of quantity takeoffs using engineering drawings and data;
· Knowledge of construction planning and scheduling, including productivity calculations;
· Experience in data, operational, and financial analysis; and
· Knowledge of accounting processes and software.
Education:
Experience:
Work Location: In person
SEM ltd is looking for a Project Planner. SEM ltd is a vendor of personnel for several clients throughout Newfoundland and Labrador. The purpose of this job advertisement is to source highly skilled local professionals for job placement opportunities that align with their experience.
Working as part of the Project Execution Department, and reporting to the Project Execution Planning Supervisor, this position shall be responsible for outage planning for the capital programs. In addition, the planner will assist the Planning Department with the review of capital project estimates, determining engineering labor requirements for capital projects, and the levelling of engineering resources in preparation for the development of the budget application to the Board and Government.
The duties and job functions of the Planner shall include, but are not limited to, the following:
· Identification of generation outage requirements for capital projects and interfacing with the Resource and Production Planning (RPP) department and regional operations planning groups during the development of the annual generation outage schedule;
· Attend regular meetings with the Operator and RPP and assist with maintaining any revisions and coordinate revisions with the various asset owners for various operations and capital project teams;
· Provide constant communication with the Operator, asset owners, and capital project teams with regards to changes in the plan and associated impacts;
· Ensure that outage information is up to date in outage database;
· Working closely with project teams and link critical activities and outages across multiple projects;
· Develop long term outage plans (2 to 5 years out) for planned capital work, including impacts to generation outage planning due to upcoming major generation capital projects;
· Work directly with the capital planning department and review engineering labor requirements in capital budget estimates and collaborate with project managers and stakeholders to further develop project schedules for upcoming planned capital work including tasks, milestones, and deliverables;
· Conduct an engineering labor analysis and a resource leveling exercise for future projects to be included in the capital budget application and identify resource constraints prior to filing the application.
· Work with Owner's engineering, planning and construction resources to review and validate construction sequence, methodology, material lead times, and task durations proposed for future project plans;
· Develop and implement a routine to undertake selective activity duration verification and contingencies for future project plans; and
· Other project planning duties as required.
Relevant work experience and requirements:
· Business/Commerce, Engineering Degree, Technologist, or equivalent experience in planning and scheduling;
· Expert knowledge of capital planning techniques required to support project execution;
· Field experience working in the utilities industry in a capital project environment is considered an asset;
· Has kept up to date on latest construction techniques and industry trends concerning labor, equipment and material lead times;
· Knowledge of construction planning and scheduling;
· A strong working knowledge of Primavera; and
· Proficient with MS Office Suite products
Education:
Experience:
Location:
Work Location: In person