Cost Engineer

Cost Engineer

Position Salary: Market Rate (Depending on Experience)

This position is in the Middle East and offers a generous compensation and benefits package. You must be willing to relocate to the Middle East.

The Cost Engineer will join the Project Management team (PMT) and be executing and managing assigned projects safely, on schedule, within budget and to the highest standards of integrity and compliance. This will involve engineering design, procurement and construction of various sizes, types, and complexity of small, medium to multi-billion-dollar mega size projects. Some of these mega projects include the Crude Oil to Chemicals program, and the Gas Compression Program

Provide cost analysis, controls, and report activities for Capital and non-Capital projects.

• Provide input and recommendations for Cost Engineering requirements relative to staffing, project controls, and preparing and analyzing comparisons of scope, quantities and cost data between the project forecasts and the budgets.
• Organize, monitor, and control project costs and will define project needs for cost control in accordance with contractual requirements, objectives, and Company procedures.
• Ensure that all project commitments are accurately reported and will maintain updated final project forecasts and expenditure forecasts.
• Proactively advise management when forecasted costs exceed the approved budget.
• Use statistical tools to analyze costs metrics and perform risk analysis.
• Analyze contractors' cost reports and extract required data for management reporting.
• Prepare and report Cost Engineering information monthly and additional ad-hoc reports as required by Management.
• Provide all Cost Engineering expertise and coordinates activities as group/unit leader as required in preparation of cost portion of the engineering, procurement, and construction contracts.
• Collect, monitor, analyze and report all cost information through the Project Manager.
• Review and analyze all claims and Change Orders on project contracts.
• Participate in the negotiation of project contracts as required.
• Initiate appropriate action when total forecast indicates allocated funds will be exceeded.

Minimum Requirements

• Hold a bachelor’s degree in engineering from a recognized university.
• Certification from Professional Organization is highly recommended

Minimum of fifteen (15) years Cost Engineering experience in oil and gas, petrochemical, refinery projects or facilities, with at least ten years in managing project budgets, cost tracking, forecasting; and financial reporting with a Broad, multi-discipline knowledge and experience of Cost Engineering for Oil and Gas projects

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About Advantage Technical

With company roots going back over 30 years, Advantage Technical is an engineering and information technology services company and a national leader in the provision of technical resources today. These services include Staff Augmentation, Direct Placement, Project Resourcing and Outsourcing – delivered from 40 key market locations, by over 3500 specialized contractors, to over 500 clients across North America. Advantage Technical is a Best of Staffing Diamond Award winner for both Clients and Talent. For more information about the industries and services offered by Advantage Technical, please visit AdvantageTechnical.com.

Advantage Technical is committed to providing equal employment opportunity for all persons regardless of race, color, religion (including religious dress and grooming practices), sex, sexual orientation, gender, gender identity, gender expression, age, marital status, national origin, ancestry, citizenship status, pregnancy, medical condition, genetic information, mental and physical disability, political affiliation, union membership, status as a parent, military or veteran status or other non-merit based factors. We will provide reasonable accommodations throughout the application, interviewing and employment process. If you require a reasonable accommodation, contact us. Advantage Technical is an E-Verify employer. This policy is applicable to all phases of the employment relationship, including hiring, transfers, promotions, training, terminations, working conditions, compensation, benefits, and other terms and conditions of employment.

All employees are directed to familiarize themselves with this policy and to act in accordance with it. All decisions with respect to employment matters and other phases of employer-temporary employee relationships will be in keeping with this policy and in accordance with all applicable laws and regulations.