hireejobsgulf

Cost Engineer

8.00 to 10.00 Years   Saudi Arabia   13 May, 2025
Job LocationSaudi Arabia
EducationEngineering Graduates/PG
SalaryNot Mentioned
IndustryEngineering
Functional AreaNot Mentioned

Job Description

Job Summary:In this role, you will perform routine cost estimating, analysis, and control activities and support the implementation of cost monitoring and control standards, preparation of cost data, and the project trend program. You will assist with budget allocation and developing quantity takeoffs, project codes, and application unit rates. Your work will help ensure projects stay on budget and excel.Major Responsibilities:Prepares Project Controls plans, and detailed manpower utilization plans for discipline or specialty activities.Preparation of currency cashflow for hedge program.Assists with Trend and Risk Management Programs.Assists with contract management and payments.Determines scope definition requirements for discipline or other specialty and works with Engineering and other sources to coordinate the production of required data to conform to the overall estimate preparation plan.Performs or coordinates quantity development and verification for discipline or specialty. Develops, or assists in the development of, quantity bases for the assumption.Performs, or coordinates the performance of, pricing structure development and application to takeoffs, derived quantities, quantity assumption, and cost allowances within a discipline or other specialty.Plans, coordinates, and directs the preparation of specific budgets. Assists in developing requirements for budgeting standards.Develops and implements requirements for cost recording, reporting, and assessing standards, programs, and reports. Performs performance monitoring and control functions.Assists in developing specific project codes of accounts and recommends appropriate modifications and revisions. This includes training in the proper use of and definitions for the cost accounts.Investigates requirements for estimating and/or cost control data for a specific discipline or other specialty applications.Identifies or defines data sources and techniques for data acquisition and collects required data for a specific discipline or other specialty applications.Assists in developing unit hour and pricing data for a specific discipline or another specialty, including estimating parameters, factors, indices, productivity, and craft distribution reference data, etc., based on analysis of Bechtel and industry experience. Performs data analysis, identifies problems, and makes recommendations.Creates and implements measurement systems for given processes, examines performance metric results, and identifies improvements.Education and Experience Requirements:Bachelor?s Degree in engineering, Construction Management or related field with six years of project controls or cost related work experience. In lieu of Bachelor?s degree 8-10 years of project controls or cost control experience.Required Knowledge and Skills:Experience in performing, monitoring, and reviewing cost engineering functions, which include cost estimating, cost control, and cost analysis.Knowledge in the use of computers for executing work processes; expert knowledge of MS Excel.Intermediate to Expert experience in PFSR preparation, including multiple currencies.Excellent oral and written Communication.Knowledge of financial reporting systems and controller account codes, and an understanding of Controller instructions, which impact Project Controls (including Project Financial Status Reports and Earned Revenue Determination Data).Intermediate level of knowledge of engineering, procurement, contracts, construction, and startup work processes, as performed by Bechtel.Knowledge of engineering and construction management customarily acquired over time through specialized instruction or practicalexperience.You will be redirected to the company website to apply for this position

Keyskills :
performing monitoring and reviewing cost engineering functions

APPLY NOW

Related Jobs

© 2023 HireeJobsGulf All Rights Reserved