Chennai Career Event- Cost Estimation Engineer

Job Description

Dear Candidate, Greetings from ExxonMobil! We are excited to share an opportunity with you. ExxonMobil is organizing scheduled in-person interviews at Chennai on 5th and 6th July 2025 for Project Management roles. Work Location: Bengaluru (Last date to apply is 27th June 2025) You can submit your application for the open position using the job link below; Please copy and paste the link in browser, https://career4.successfactors.com/sfcareer/jobreqcareerpvt?jobId=80705&company=exxonmobilP&st=E56281BBA44104B7A0F6D05455AB9830ECDD8A56 Note: Shortlisted candidates will receive an interview invitation letter from recruiting team What role you will play in our team The Primary role/function of the position of Cost Engineer is to prepare and/or review and endorse cost estimates of different levels of accuracy depending on the maturity of the project definition during various stages of the project lifecycle. The role involves developing multi-disciplinary conceptual and definitive cost estimates for a variety of projects. What you will do Prepare multi-disciplinary cost estimates for a variety of medium and large projects using appropriate tools and systems. Develop detailed cost estimates for projects at various stages, including conceptual, preliminary, and definitive phases. Analyze project requirements and specifications to determine cost-effective solution Discuss, coordinate and resolve estimating input/queries with the project team and Subject Matter Experts available in organization to ensure quality estimate. Ensure all assumptions/clarifications are properly documented. Provide support for any selection and optimization study during project development. Identify and drive optimizations in cost and execution of projects Support project team in identification evaluation and capture of capital efficiency opportunities and estimate risks. Support the procurement process by providing cost analysis and recommendations for vendor selection Evaluate vendor proposals and contracts to ensure cost-effectiveness. Perform Cost Reconciliation to previous estimates as the project develops. Perform complete analysis and cost validations using internal and external benchmarking data, historical indices and component benchmarking. Mentor & supports the review of the estimates prepared by the other cost engineers to ensure accuracy, completeness, and compliance with scope of work. Contribute to Lessons Learnt process throughout the project lifecycle. Assist in the development and maintenance of cost databases and estimation tools. Ensure the accuracy and currency of cost data within the databases About you Skills and Qualifications: Required Skills and Qualification: Degree in Engineering, Engineering Technology or Construction Management from a recognized university Minimum 3 years of prior experience in EPC or Project Management in the Oil and Gas Industry 5-10 years of experience in cost estimation or proposal execution Strong understanding of cost estimating techniques and tools to evaluate competitiveness, and related topics Expertise in risk management and mitigation strategies Knowledge of industry standards and regulatory requirements in the energy sector Ability to analyze complex data and generate actionable insights Strong problem-solving skills to address project challenges Good to have: Experience in cost estimation and execution of brownfield projects Good to have: Experience in using cost estimation software such as Aspen CCE Good command of English, both written and spoken Strong presentation skills in English and MS Excel Strong interpersonal and communication skills; ability to clearly and concisely convey recommendations to project team members and company leadership management Strong organizational, coordination, planning & interface skills and attention to details Ability to manage multiple projects simultaneously Ability to travel internationally as per business needs Able to work well with others in a fast-changing environment Work in shifts (9am to 6pm or 1:30 pm to 10:30 pm) Willingness to relocate to Bengaluru. Preferred Qualifications/Experience Prior Experience Interfacing with Contractors or teams remotely across multiple countries in oil, gas and energy projects. Experience in training/mentoring new employees.