Cost Engineer

4 - 8 years

0 Lacs

Posted:1 day ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

As a Cost Engineer at ABIS, a renowned Oil and Gas company in Saudi Arabia, you will play a crucial role in managing project cost estimation, budgeting, and cost control activities. Your attention to detail and analytical skills will ensure that all project costs are accurately monitored, forecasted, and kept within approved budgets. You will also provide valuable financial insights to project teams. Your responsibilities will include: - Prepare detailed cost estimates, budgets, and cost plans for projects. - Track and monitor project expenditures, commitments, and cost performance. - Analyze cost variances and provide cost control reports to management. - Develop and maintain cost databases, unit rates, and benchmarks. - Assist in preparing tender documents, Bill of Quantities (BOQ), and cost breakdowns. - Review contractor quotations, claims, and invoices for accuracy and compliance. - Support project managers in forecasting and budget revisions. - Coordinate with engineering, procurement, and finance teams for cost-related inputs. - Identify cost-saving opportunities and recommend value engineering options. - Ensure compliance with company policies, industry standards, and project requirements. To qualify for this role, you should have: - A Bachelor's degree in Engineering, Quantity Surveying, or a related field. - 3-7 years of experience in cost engineering, cost control, or quantity surveying. - Strong knowledge of cost estimation methods, budgeting, and cost control practices. - Proficiency in software such as Excel, SAP, Primavera, or cost management tools. - Excellent analytical and numerical skills. - Strong communication and reporting skills. - Ability to work under pressure and manage multiple projects. Your key skills will include: - Cost Estimation - Budget Planning - Cost Control & Monitoring - Forecasting - BOQ Preparation - Data Analysis - Vendor/Contract Review - Reporting & Documentation,

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