Lead Cost Engineer

Duties & Responsibilities:

• Provide cost analysis controls and report activities for Capital and nonCapital 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
• Adhoc 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.

Requirements

As the successful candidate you will hold a bachelors 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.

Location

Al Khubar Ash Sharqyah Saudi Arabia

Remote Work :

No