Job Description
Qualifications
- Bachelor’s degree in engineering, construction management, or a related field
- 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.
- Strong knowledge of project management principles, tools, and techniques
- Experience with cost estimating software and tools
- Ability to work collaboratively with project managers, stakeholders, and other team members
- Strong analytical and problem-solving skills
- Excellent communication and presentation skills
- Ability to work under pressure and meet tight deadlines
Job role
- 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.
- Analyze project data and develop detailed cost estimates
- Collaborate with project managers, stakeholders, and other team members to understand project objectives and constraints
- Identify cost-saving opportunities and provide guidance on cost management best practices
- Develop project budgets and track project costs
- Create and maintain cost databases and templates
- Prepare reports and presentations on project costs and cost management strategies
- Ensure compliance with company policies and procedures related to cost control
Source: From Company Career Portal/Other Job Boards