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Cost Engineer

1.00 to 10.00 Years   United Arab Emirates   13 Jul, 2022
Wood
1 Jobs Openings
Job LocationUnited Arab Emirates
EducationNot Mentioned
SalaryNot Mentioned
IndustryOther Business Support Services
Functional AreaNot Mentioned

Job Description

Overview / ResponsibilitiesWood is recruiting for a Cost Engineer to form part of our project team based at our Dubai Office, reporting to the Lead Cost Engineer. A key focus of your role will be to effectively manage change, improve the accuracy and efficiency of system reports and contribute to the team?s efforts for monthly reporting requirements.

  • Clearly understand reporting requirements and ensure the system is fully updated with accurate budgets
  • Monitoring and controlling cost activities through all phases of the project lifecycle
  • Supporting the implementation of project cost management procedures that provide an accurate reflection of project performance at a project and program level
  • Developing project budgets by project estimate and WBS
  • Assist with the development of project engineering estimates and maintenance of same in the project management system
  • Liaising with engineering, procurement, and construction functions, as required, to maintain awareness of project activities and their impact on the project budget
  • Input into updates to project cost forecasts
  • Issuing project change orders/variations following engineering and construction change notifications
  • Identify and analyse deviations and trends against budgets, investigate such deviations with the relevant group and advise the Lead Cost Engineer
  • Analyze weekly Timewriting report to eliminate errors / wrong bookings
  • Log all change requests and coordinate with the Project Engineers to develop the scope changes and budget transfers
  • Log all requisitions for in-house subcontractor services, code, and track expenditure against requisitions for forecasting and budget reconciliation
  • Review and process project expenses in line with approved project budgets
  • Verify contractor invoices and solve issues/ queries
  • Prepare and issue reports as per the agreed reporting calendar.
Skills / Qualifications
  • 1-3 years? experience as a Cost Controller
  • Relevant degree in Business or Engineering or sufficient industry experience
  • Strong data analysis and problem-solving skills
  • Exposure to engineering projects will be considered advantageous
  • Strong skills required in Microsoft Office ? Particularly in excel
  • Demonstrated experience with Earned Value Management (optional)
Company OverviewWood is a global leader in engineering and consultancy across energy and the built environment, helping to unlock solutions to some of the world?s most critical challenges. We provide consulting, projects and operations solutions in more than 60 countries, employing around 40,000 people. www.woodplc.comDiversity StatementWe are an equal opportunity employer that recognises the value of a diverse workforce. All suitably qualified applicants will receive consideration for employment on the basis of objective criteria and without regard to the following (which is a non-exhaustive list): race, colour, age, religion, gender, national origin, disability, sexual orientation, gender identity, protected veteran status, or other characteristics in accordance with the relevant governing laws.

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