Cost Engineer ( GM )

Our Client operates in the Oil and Energy industry, with its headquarters rooted strongly in Saudi Arabia. It has its branches spread to more than 50 countries, providing employment to more than 68,500 people all over the world. They fall under the Fortune 500 Companies. They are one of the world’s largest oil producers. They are constantly growing by creating new technologies through its Research and Development efforts and branch into new business lines through Investments and Acquisitions.

Responsibilities:

• As the successful candidate you will be required to perform the following:
• Assist in establishing estimating standards and strategies for maintenance work and turnaround in order to optimize cost and reduce risks.
• Review bottom up estimate for yearly budget for maintenance.
• Review bottom up estimate for planned turnaround.
• Assist in establishing guidelines for yearly budgeting for maintenance and turnaround.   
• Coordinate and work closely with Maintenance Engineer / Turnaround Engineer to prepare / review / finalize initial yearly maintenance budget and turnaround budget.
• Coordinate and work closely with Maintenance Engineer / Turnaround Engineer to review / finalize mid-year and Year-end budget.
• Carryout spending analysis and find out areas of improvement for cost savings and improvement.
• Carryout replacement vs maintenance cost of assets. 
• Coordinate and work closely with Maintenance Engineer / Turnaround Engineer / Contract Advisor to estimate contract cost in proposal stage.
• Coordinate and work closely with Contract Advisor / Contract Engineer to evaluate price bid from cost engineering point of view.
• Coordinate and work closely with Contract Advisor / Contract Engineer to prepare and establish cost evaluation criteria.
• Assist in preparing, developing and measuring Key Performance Indicators for cost performance. 
• Maintain computer records of cost estimating standards and guidelines.
• Coordinate and work closely with Maintenance Engineer / Turnaround Engineer to monitor cost at regular interval and produce periodic cost report.

Requirements:

• As the successful candidate you must hold a Bachelor degree in Engineering, preferably in Mechanical, Electrical, Industrial, Construction, Production or closely related discipline.
• You should have Minimum of 10 years cost engineering experience in maintenance and turnaround.
• Experience in cost benchmarking such as Solomon will be an advantage.
• You should be familiar & experienced with contracting process and cost engineering in contracting.
• You should be experienced in carrying out bottom up estimate for yearly budget for maintenance as well as planned turnaround.
• You should also be experienced in the use of cost estimating tools and the application of market conditions and risk management to estimates.
• Experienced & knowledge in computer-estimating programs, such as Aspentech CCE (Capital Cost Estimator), etc. and shall be familiar with estimate databases such as Richardson or similar is required.
• You should be experienced with SAP system.  
• Certification in Project Management Professional (PMP), AACE-CCP (American Association of Cost Engineers – Certified Cost Professional) or AACE-CEP (American Association of Cost Engineers – Certified Estimating Professional) will be preferred.