Description:
We are hiring for Engineer Cost Control.
Education & Qualifications:
- A Bachelor’s degree in Engineering, Finance, or a related field is essential to understand complex project dynamics.
- A minimum of 7 years’ experience in cost control within the oil and gas construction industry is required.
- Professional certifications such as Certified Cost Professional (CCP) or Project Management Professional (PMP) are highly preferred.
- Proficiency in cost management software (e.g., SAP, Primavera) is crucial for effective tracking and reporting.
- Strong analytical skills with a keen attention to detail are necessary to accurately assess financial data.
- Excellent communication abilities to convey complex cost information to non-technical stakeholders.
- Proven experience in risk management and mitigation strategies to handle potential cost escalations.
Roles & Responsibilities:
- Develop and maintain detailed project cost estimates that reflect the actual scope and schedule of oil and gas construction projects.
- Implement robust cost control processes to track expenditures against budget and identify variances in real time.
- Conduct thorough risk assessments to forecast potential cost overruns and propose mitigation strategies proactively.
- Collaborate with engineering and procurement teams to ensure accurate pricing of materials and labor for project execution.
- Prepare and present detailed cost reports and forecasts to stakeholders, providing insights for informed decision-making.
- Utilize advanced software tools for cost management, ensuring data accuracy and real-time reporting capabilities.
- Facilitate budget reviews and audits, ensuring compliance with financial regulations and company policies.
- Assist in contract negotiations, providing cost analysis to secure favorable terms for the organization.
- Monitor project progress and performance metrics, adjusting cost estimates and forecasts as necessary.
- Train and mentor junior team members on best practices in cost control and financial analysis within the oil and gas sector.
Role: Site based in UAE, Abu Dhabi.