Cost Engineer

Job Description and Requirements
Leading the development of cost estimates prepared by contractors during Conceptual & FEED phases including developing Estimate Basis Memorandums and Estimate Confidence Packages
Preparing cost estimates for contract variations including the review and evaluation of contractor submitted variations
Leading the review and assessment of variations with contractors through to agreement and conclusion of the related variation order
Working with Quantity Surveyor and Discipline engineers to validate the scope of work, BOQs and MTOs for all variations and additional scope items from the relevant supporting project drawings and obtain BOQs / MTOs endorsement by Company’s discipline engineers
Analyzing work activities, manpower and GCC productivities in generating new work unit rates with Contractors
Coordinating with project Commercial to obtain local market quotes and trend to estimate cost for any variations or additional works
Reviewing / Participating in the preparation of annual client Business Plan and related cost quarterly cost forecasts
Leading the development of bid check estimates and cost breakdown structure to be used for commercial evaluation and tendering
Providing analysis of contract payment terms and related cash flow
Participating in the preparation of Business Cases and in developing required cost justification assessments for approval by Senior Management
Conducting peer reviews of in - house Project Cost Estimates
Establishing and implementing Project cost estimating database for benchmarking and reference
Leading the development, review, analysis and evaluation of costs related to contractor claims and identify potential cost risk events and evaluate related cost impact
Assisting in the preparation of the final project close - out report and fixed asset register
Bachelor’s degree in engineering
Over 5 years’ experience in cost estimation and reporting protocols for all Contract / Agreement types in major Oil & Gas Industry, both Onshore and Offshore
Knowledge of special application cost estimation software packages
Fluent in English (read, write, speak)

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https://www.akhtaboot.com/en/saudi-arabia/jobs/al-khobar/117543—-Cost-Engineer-at-Wood