Senior Engineer (Cost Control)
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Key skills for this role
About the Role
Wood seeks a Senior Cost Control Engineer for oil and gas projects in Abu Dhabi. The role involves developing cost plans, monitoring expenditures, and managing change orders. Requires 15+ years of experience in oil and gas facilities projects.
Key Skills for This Role
Responsibilities
- Act as Cost Focal Point for specific project scopes
- Develop and maintain Project Work Breakdown Structure (WBS) and Cost Breakdown Structure (CBS)
- Develop project budget in accordance with project estimate and CTR Catalogue
- Manage project work approval process for cost code allocation and budget set up
- Develop and maintain project cost plans using appropriate software
- Monitor and control cost commitments and expenditures through all project phases
- Liaise with procurement, finance, and time capture functions for accurate cost capture
- Provide copies of project cost performance reports
- Produce and issue updates to project cost forecasts
- Coordinate development and issue of project change orders/variations
- Monitor overall project cost performance and contingency drawdown
- Attend project/client meetings and present cost performance status
Requirements
- Engineering, QS or business related degree preferred
- Minimum 15 years experience in oil and gas facilities projects
- Previously held position of Cost Engineer
- Worked on at least one major project involving production and processing of hydrocarbons
- Experience of working with multi national and multi cultural project teams
- Previous experience in the Middle East would be an advantage
Full Job Posting
Responsibilities
- Responsible for working within the provisions and guidelines of the Wood Quality Assurance systems and processes.
- Act as Cost Focal Point for specific project scopes as required.
- Develop and maintain Project Work Breakdown Structure (WBS) and Cost Breakdown Structure (CBS) for specific scopes.
- Develop project budget in accordance with project estimate and CTR Catalogue.
- Manage the project work approval process in terms of accurate cost code allocation and initial budget set up and approvals.
- Develop and maintain project cost plans using appropriate software applications.
- Monitor and control cost commitments and expenditures through all phases of project lifecycle.
- Liaise with project management, project planning and others as required to ensure accuracy in project cost phasing and forecasting.
- Liaise with procurement, finance and time capture functions, and third parties as required.
- Provide copies of project cost performance reports in accordance with project reporting requirements.
- Produce and issue updates to project cost forecasts.
- Monitor and report on cost impact of project manpower forecasts.
Qualifications
- Engineering, QS or business related degree preferred although not essential if candidate has relevant proven experience.
- Experience of working with multi national and multi cultural project teams.
- Minimum of 15 years experience in oil and gas facilities projects.
- Candidate shall have previously held the position of Cost Engineer and ideally shall have worked on at least one major project involving the production and processing of hydrocarbons.
- Previous experienced of working in the Middle East would be an advantage, but not essential.
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