Cost Engineer

Dubai (Emirate) (AE)
Competitive Hourly Rate and Per Diem
16 Oct 2016
20 Oct 2016
Oil and Gas
Contract Type
Full Time

Job Purpose: The role of the Cost Engineer provides for all the related cost management activities. Key Responsibilities and Duties: • Communicating assigned project issues/concerns directly to Project Manager, Sr. Cost Engineer and Business Administrator. • Integrates the project cost estimate, work hour estimate, and project schedule into the Cost Management baseline • Develops and maintains cost reports, cash flow/cancellation curves, and contingency analyses for the individual projects • Provides estimate of cancellation costs • Estimates costs of deviations and assesses impact on total project cost: works with Estimating to get assistance if needed • Ensures accurate reflection of committed/spent funds, Change Alerts, Project deviation notices, field change orders, and project execution changes in all cost documents • Assist with managing existing and amended AEL values • Liaison with Human Resource Department to monitor office space which is billable to the project as required to ensure that the project is not billed for space not being used • Derives an accurate and realistic forecast of all funds required to complete the project within the defined budget and schedule while incorporating own trending and analyses and consults with Coordinating Cost Management Leader prior to publishing • Ensures accurate representation of cost data in monthly reporting • Alerts Coordinating Cost Management Office and Business Management Office and the project team to critical Cost Management issues • May be asked to provide assistance for additional cost management related studies and scenarios • Provide support to ‘what if’ studies Requirements: • Undergraduate degree in relevant discipline • Previous ARAMCO Experience Required • 5-10 years’ experience in the Cost Management field. 3 years minimum in Saudi ARAMCO Projects • Capacity of analysis and skills for desktop application • Good knowledge of English, both written and verbally • Mega Capital Projects experience preferred