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Cost Engineer

We are seeking an experienced Cost Engineer to join our client based in Saudi Arabia .Management Teams are directly responsible and accountable for the  delivery of best in class capital projects assigned to department. PMT is directly involved  in executing and managing assigned projects safely, on schedule, within budget and to the  highest standards of integrity and compliance. This will involve engineering design,  procurement and construction of various sizes, types and complexity of small, medium to  multi-billion dollar mega size projects. Some of these mega projects include the Marjan  Increment Program, the Crude Oil to Chemicals program, the Gas Compression Program,  the Berri & Zuluf Increment and AMIRAL Program.

Minimum Requirements:

  • As the successful candidate, you will hold a bachelor's degree in Engineering from a  recognized university
  • You will have a minimum of fifteen years cost engineering experience in oil and gas,  petrochemical, refinery projects or facilities, with at least ten years in managing  project budgets, cost tracking, forecasting; and financial reporting with a Broad, multi discipline knowledge and experience of cost engineering for Oil and Gas projects. • A certification from Professional Organization is highly recommended.

Duties & Responsibilities:

  • Provide cost analysis, controls and report activities for Capital and non-Capital  projects.
  • Provide input and recommendations for cost engineering requirements relative to  staffing, project controls, and preparing and analyzing comparisons of scope,  quantities and cost data between the project forecasts and the budgets.
  • Organize, monitor and control project costs and will define project needs for cost  control in accordance with contractual requirements, objectives, and Company  procedures.
  •  Ensure that all project commitments are accurately reported and will maintain  updated final project forecasts and expenditure forecasts.
  • Proactively advise management when forecasted costs exceed the approved  budget.
  • Use statistical tools to analyze costs metrics and perform risk analysis.
  • Analyze contractors' cost reports and extract required data for management  reporting.
  • Prepare and report cost engineering information on a monthly basis and additional  ad-hoc reports as required by Management.
  • Provide all cost engineering expertise and coordinates activities as group/unit  leader as required in preparation of cost portion of the engineering, procurement  and construction contracts.
  • Collect, monitor, analyze and report all cost information through the Project  Manager.
  • Review and analyze all claims and Change Orders on project contracts. • Participate in the negotiation of project contracts as required.
  • Initiate appropriate action when total forecast indicates allocated funds will be  exceeded.

We are seeking an experienced Cost Engineer to join our Project Management team (PMT).  Saudi Aramco Project Management Teams are directly responsible and accountable for the  delivery of best in class capital projects assigned to department. PMT is directly involved  in executing and managing assigned projects safely, on schedule, within budget and to the  highest standards of integrity and compliance. This will involve engineering design,  procurement and construction of various sizes, types and complexity of small, medium to  multi-billion dollar mega size projects. Some of these mega projects include the Marjan  Increment Program, the Crude Oil to Chemicals program, the Gas Compression Program,  the Berri & Zuluf Increment and AMIRAL Program.

Minimum Requirements:

  • As the successful candidate, you will hold a bachelor's degree in Engineering from a  recognized university
  • You will have a minimum of fifteen years cost engineering experience in oil and gas,  petrochemical, refinery projects or facilities, with at least ten years in managing  project budgets, cost tracking, forecasting; and financial reporting with a Broad, multi discipline knowledge and experience of cost engineering for Oil and Gas projects.
  • A certification from Professional Organization is highly recommended.

Duties & Responsibilities:

  • Provide cost analysis, controls and report activities for Capital and non-Capital  projects.
  • Provide input and recommendations for cost engineering requirements relative to  staffing, project controls, and preparing and analyzing comparisons of scope,  quantities and cost data between the project forecasts and the budgets.
  • Organize, monitor and control project costs and will define project needs for cost  control in accordance with contractual requirements, objectives, and Company  procedures.
  • Ensure that all project commitments are accurately reported and will maintain  updated final project forecasts and expenditure forecasts.
  • Proactively advise management when forecasted costs exceed the approved  budget.
  • Use statistical tools to analyze costs metrics and perform risk analysis.
  • Analyze contractors' cost reports and extract required data for management  reporting.
  • Prepare and report cost engineering information on a monthly basis and additional  ad-hoc reports as required by Management.
  • Provide all cost engineering expertise and coordinates activities as group/unit  leader as required in preparation of cost portion of the engineering, procurement  and construction contracts.
  • Collect, monitor, analyze and report all cost information through the Project  Manager.
  • Review and analyze all claims and Change Orders on project contracts. • Participate in the negotiation of project contracts as required.
  • Initiate appropriate action when total forecast indicates allocated funds will be  exceeded.

Cost Engineer

primetime solutions
South Africa
United Kingdom
United States
Germany
Spain
France
Portugal
Romania
Full Time Work
more than 10 years of experience
Bachelor
Master
Doctorate / PhD

Published on 8 Apr 2024