Job Description : Brief Posting Description
Brief Posting Description
We are currently sourcing a Lead Cost Engineer to join our team in Muscat, Oman.
This position will report directly to Project Manager / Director.
Minimum fifteen (15) years’ experience in major oil / gas refinery / petrochemical projects in the capacity of lead cost engineer with engineering contractor / PMC organization
A degree in quantity surveying, engineering or similar diploma
Must have experience in chemical, hydrocarbon, petrochemical or industrial plant developments using EPC contracts
Must have advanced Excel skills, as well as, have experience using cost estimation and risk analysis software
Must have thorough understanding of project execution process and can interpret contract terms, conditions and specifications
Must be familiar with total cost management techniques and cost engineering
Member of RICS, Cost Engineers or AACE would be desirable
Review and understand all relevant documentation pertaining to the project including scope of services, conditions of contract, project execution plan, project schedule etc.
Work within standard project cost engineering procedures. Ensure that these procedures fulfil client requirement and develop additional project specific procedures where necessary
Assist the Manager, cost with appraisals of Cost Engineers assigned to the project as appropriate Liaise with Client Project Control personnel as necessary
Prepare man-hour, material quantity and cost budgets from the cost estimate, and update them on approval of contract changes and budget transfers
Disseminate budget information to all operating groups, providing clarification and additional information where necessary and ascertaining commitment to budgets as the cost target
Instill cost awareness in the project in the project organization such that capital costs are controlled and changes to work scope are identified and quantified
Obtain from operating groups, the latest information pertinent to cost analysis and ensuring its accuracy and completeness.
Attending meetings concerning cost matters
Maintain a comprehensive material and construction quantity control and reporting system to include the current status of budget, material take off and forecast quantities
Liaise with Project Planning Engineer on analysis of project status. Reviewing the impact of cost and schedule changes
Identify and analyze deviations and trends against the budgets. Investigating such deviations with the relevant group and advising Project Manager / Project Control Manager of issues requiring corrective action
Review overall project status and forecasts with Project Manager / Project Control Manager as required
Prepare and issue Cost Action Reports to Manager, cost as required
Prepare Contract Profit Reports and associated back up for review with both Project Manager / Project Control Manager and Manager, Cost
Prepare monthly man-hour backlog report for review with Project Manager / Project Control Manager
Ensure reconciliation on a quarterly basis between project cost reports and Accounting Department cost and billing information
Prepare final project statistics and advise on effectiveness of procedures and systems for possible developments on future projects
The Company embraces diversity in our workforce, ensuring we have a workforce that provides us with a wide range of skills, ideas and energy.
Embracing diversity means the Company will acknowledge, understand and appreciate the differences between individuals in developing a workplace that develops, benefits and enhances their value.
Selection for employment, promotion or any other benefit will be made on the basis of merit, ability and suitability.