IMI1117 - Senior Cost Engineer

Job Family: Engineering
Location: Dhahran / Ras Al Khair / Dubai / Other
Business Line: Project Control
Department: Not Applicable
Closing Date 31-Jul-2020
Your future role:
  • Develop cost control procedures, project cost control strategy, plans and procedures and shall be able to collate all the essential information to plan the cost estimates for various corporate processes.
  • Coordinate development and implementation of project work breakdown structure (WBS) / cost breakdown structure (CBS) in concert with Projects
  • Control Specialist and Project Planning/Scheduling Engineer.
  • Collect and compile progress and cost data and develop cost-control worksheets and reports.
  • Review financial data related to accruals, invoice payments, purchase orders and material deliveries and other financial data.
  • Shall be able to ensure that the operating costs for various tasks being handled in the organization remain within the set budget.
  • Shall be able to understand client’s budget and plan the project cost control accordingly.
  • Monitor, manage and control expenditure involved in carrying out various tasks during project execution.
  • Prepare reports on the expenditures made and present the same to the management.
  • Process invoices and ensure cost compliance.
  • Monitor ongoing project’s expenditures and forecast budgets and set baselines.
  • Prepare all related reports with recommended actions for management review.
Your responsibilities:

Main responsibilities as follows:

  • Coordinate and develop appropriate control budgets consistent with project estimate and WBS / CBS. 
  • Monitor ongoing projects expenditure and forecasted budget verses the set baseline. 
  • Prepare and manage regular Project Performance Reports and Dashboards.
  • Address issues pertaining to project cost control procedures. 
  • Implement and monitor costs within each project stage and for entire project until completion or close-out
  • Responsible for gathering required information from across the group to ensure optimisation of resources and control of all associated project work.
  • Analyse potential Project changes and provide associated risks, issues, cost and resources.
  • Liaising with the Project Management Team on all relevant cost and planning issue.
  • Prepare weekly / monthly Subcontracts accruals for Labour, Materials, Equipment etc.
  • Monitor potential of Change Management (internal / customer / supplier) and coordinate with the project stake holders on the same
  • Prepare weekly and monthly project budget, actual and forecast reports.

 

 

Qualifications:
  • Holding a Bachelor in Mechanical (Electrical / Controls) Engineering.
  • Excellent knowledge of Primavera P6
  • Minimum of 10 years experience as Cost Control Engineer, preferably in a similar industry or equivalent.
  • Fluent in English, and an excellent communicator and know how to interact in a multicultural environment.

 

About Application Process
If you meet the criteria and you are enthusiastic about the role, we would welcome your application. To complete the application you would need the following document(s):
1. Resume/CV