jobholds
Cost Engineer
Saudi Arabia
•
Posted: 2022-12-02
•
457 Views
Job Overview & Requirements
Sponsored
<p><b>Aramco energizes the world economy. </b><br />
<br />
Aramco occupies a unique position in the global energy industry. We are the world&
39;s largest producer of hydrocarbons (oil and gas), with the lowest upstream carbon intensity of any major producer.<br />
<br />
With our significant investment in technology and infrastructure, we strive to maximize the value of the energy we produce for the world along with a commitment to enhance Aramco&
39;s value to society.<br />
<br />
Headquartered in the Kingdom of Saudi Arabia, and with offices around the world, we combine market discipline with a generations&
39; spanning view of the future, born of our nine decades experience as responsible stewards of the Kingdom&
39;s vast hydrocarbon resources. This responsibility has driven us to deliver significant societal and economic benefits to not just the Kingdom, but also to a vast number of communities, economies, and countries that rely on the vital and reliable energy that we supply.<br />
<br />
We are one of the most profitable companies in the world, as well as amongst the top five global companies by market capitalization.<br />
<br />
<b>Overview</b><br />
<br />
We are seeking a Cost Engineer to join Northern Area Capital Programs Management Division (NACPMD). The Cost Engineer will be capable of providing analysis and evaluation of project cost; works under general direction of unit Supervisor/Business Manger but can perform all cost engineering functions independent of supervision and can serve as work director of cost engineering group/unit as required. The incumbent functions as a member of a project management team and independently provides overall cost engineering services on multi-million dollar project complexes<br />
<br />
<b>Key Responsibilities</b><br />
<br />
You will be required to perform the following:<br />
<br />
Provides all cost engineering expertise and coordinates activities as group/unit leader as required<br />
<br />
Responsible for preparation of cost portion of the engineering, procurement and construction contracts<br />
<br />
Collects, monitors, analyzes and reports all cost information through the Project Manager<br />
<br />
Reviews and analyzes all claims and Change Orders on project contracts<br />
<br />
Participates in the negotiation of project contracts as required<br />
<br />
Initiates appropriate action when total forecast indicates allocated funds will be exceeded<br />
<br />
Keeps abreast of significant developments in cost engineering by close review of technical literature, contracts with contractors, visits to areas of construction, and attendance at professional technical meetings<br />
<br />
Utilizes computer programs<br />
<br />
<b>Minimum eRequirements</b><br />
<br />
As the successful candidate, you<br />
<br />
Will hold a Bachelor degree in any field of Engineering, Accounting, or Business Administration. Other advanced professional engineering degree or certifications in related field is preferred.<br />
<br />
Should have a Minimum of 18 - 20 years of cost engineering experience effectively performing similar roles and responsibilities, preferably in oil and gas facility.<br />
<br />
Must be confident with cost engineering and accounting principles. Must have experience in SAP program.<br />
<br />
Must be familiar with engineering standards and procedures, generally accepted accounting principles and cost accounting.<br />
<br />
Must be good presenter, high convincing ability, good technical report, excellent communication skills (written and spoken), and ability to mentor and teach.<br />
<br />
<b>Working environment </b><br />
<br />
Our high-performing employees are drawn by the challenging and rewarding professional, technical and industrial opportunities we offer, and are remunerated accordingly.<br />
<br />
At Aramco, our people work on truly world-scale projects, supported by investment in capital and technology that is second to none. And because, as a global energy company, we are faced with addressing some of the world&
39;s biggest technical, logistical and environmental challenges, we invest heavily in talent development.<br />
<br />
We have a proud history of educating and training our workforce over many decades. Employees at all levels are encouraged to improve their sector-specific knowledge and competencies through our workforce development programs - one of the largest in the world.</p>
<br />
Aramco occupies a unique position in the global energy industry. We are the world&
39;s largest producer of hydrocarbons (oil and gas), with the lowest upstream carbon intensity of any major producer.<br />
<br />
With our significant investment in technology and infrastructure, we strive to maximize the value of the energy we produce for the world along with a commitment to enhance Aramco&
39;s value to society.<br />
<br />
Headquartered in the Kingdom of Saudi Arabia, and with offices around the world, we combine market discipline with a generations&
39; spanning view of the future, born of our nine decades experience as responsible stewards of the Kingdom&
39;s vast hydrocarbon resources. This responsibility has driven us to deliver significant societal and economic benefits to not just the Kingdom, but also to a vast number of communities, economies, and countries that rely on the vital and reliable energy that we supply.<br />
<br />
We are one of the most profitable companies in the world, as well as amongst the top five global companies by market capitalization.<br />
<br />
<b>Overview</b><br />
<br />
We are seeking a Cost Engineer to join Northern Area Capital Programs Management Division (NACPMD). The Cost Engineer will be capable of providing analysis and evaluation of project cost; works under general direction of unit Supervisor/Business Manger but can perform all cost engineering functions independent of supervision and can serve as work director of cost engineering group/unit as required. The incumbent functions as a member of a project management team and independently provides overall cost engineering services on multi-million dollar project complexes<br />
<br />
<b>Key Responsibilities</b><br />
<br />
You will be required to perform the following:<br />
<br />
Provides all cost engineering expertise and coordinates activities as group/unit leader as required<br />
<br />
Responsible for preparation of cost portion of the engineering, procurement and construction contracts<br />
<br />
Collects, monitors, analyzes and reports all cost information through the Project Manager<br />
<br />
Reviews and analyzes all claims and Change Orders on project contracts<br />
<br />
Participates in the negotiation of project contracts as required<br />
<br />
Initiates appropriate action when total forecast indicates allocated funds will be exceeded<br />
<br />
Keeps abreast of significant developments in cost engineering by close review of technical literature, contracts with contractors, visits to areas of construction, and attendance at professional technical meetings<br />
<br />
Utilizes computer programs<br />
<br />
<b>Minimum eRequirements</b><br />
<br />
As the successful candidate, you<br />
<br />
Will hold a Bachelor degree in any field of Engineering, Accounting, or Business Administration. Other advanced professional engineering degree or certifications in related field is preferred.<br />
<br />
Should have a Minimum of 18 - 20 years of cost engineering experience effectively performing similar roles and responsibilities, preferably in oil and gas facility.<br />
<br />
Must be confident with cost engineering and accounting principles. Must have experience in SAP program.<br />
<br />
Must be familiar with engineering standards and procedures, generally accepted accounting principles and cost accounting.<br />
<br />
Must be good presenter, high convincing ability, good technical report, excellent communication skills (written and spoken), and ability to mentor and teach.<br />
<br />
<b>Working environment </b><br />
<br />
Our high-performing employees are drawn by the challenging and rewarding professional, technical and industrial opportunities we offer, and are remunerated accordingly.<br />
<br />
At Aramco, our people work on truly world-scale projects, supported by investment in capital and technology that is second to none. And because, as a global energy company, we are faced with addressing some of the world&
39;s biggest technical, logistical and environmental challenges, we invest heavily in talent development.<br />
<br />
We have a proud history of educating and training our workforce over many decades. Employees at all levels are encouraged to improve their sector-specific knowledge and competencies through our workforce development programs - one of the largest in the world.</p>
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Job Summary
Category
Engineering
Country
Saudi Arabia
Employment Type
Full Time
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