Description

• Provide full lifecycle Well Cost Management service, aligning with Well Engineering and Operation’s needs and deliverables. The end of the lifecycle may vary by Well and Scope but typically continue until a threshold of 95% of supplier invoicing has been completed. A bulleted timeline of the cost management facilitation process in scope for this service is as follows;
• Gather inputs for OP spread rate assumptions and vet with Well Engineering.
• Engage Well Engineering throughout the OP cycle, from estimate preparation to submittal.
• Facilitate conversion of the Well Engineer type ¾ estimate into a formal cost plan for SAP P42.
• Initiate Purchase Requisition creation and release monitoring.
• Validation of Purchase Order receipt by the Supplier.
• Facilitation of Cost Transparency meetings throughout active Well Operations.
• Tracking, escalation and intervention of Service Entry and Goods Receipt processes, ensuring all supplier payments meet an on-time payment target of 95% based on volume.
• Carry out Supplier Invoicing Requirement Conformance feedback communication to Supplier contacts and relevant Company stakeholders.
• Track submittal of Wells related credits from Suppliers and ensure the detailed value of work done has been updated accordingly.
• Update OP spread rate assumptions for next cycle based on cost outcomes from the execution of scope from previous cycle.
• Provide input to the materials teams with material management of VPS (Valuated Project Stock).
• Act as superuser during transition for SAP P42 to SAP4HANA (user acceptance testing, business test, upskilling) and continue to support as per list above post go-live.

• Must have: SAP, excel, self-starter, fast learner
• Desirable skills: invoicing process, finance background