Lead Cost Engineer

Lead Cost Engineer 

Dhahran, Saudi Arabia (On-Site)

Relocation assistance & more

Cost Engineer to join our Project Management team (PMT). The client's Project Management Teams are directly responsible and accountable for the delivery of best-in-class capital projects assigned to the 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.

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 cost 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 coordinate activities as a group/unit
  leader as required in the preparation of the 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 the total forecast indicates that allocated funds will be
  exceeded.

Must-Haves: 

• Bachelor's degree in Engineering from a recognized university (4 year degree)
• 15+ years cost engineering experience in oil and gas, petrochemical, refinery projects or facilities
• 10+ years experience 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 a Professional Organization is highly recommended.