Senior / Lead Cost Engineer (Energy & Natural Resources Sector)
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Key skills for this role
About the Role
Turner & Townsend seeks an experienced Senior/Lead Cost Engineer to lead cost engineering initiatives for major capital projects in the Energy & Natural Resources sector in Dubai. The role involves developing cost strategies, managing budgets, and driving cost optimization.
Key Skills for This Role
Responsibilities
- Lead and manage cost engineering activities for large scale capital projects
- Develop and implement cost control strategies to optimize project expenditures
- Conduct detailed cost analysis and variance investigations
- Mentor and supervise junior cost engineers and support staff
- Collaborate with project managers, engineers, and procurement teams
- Prepare and present comprehensive cost reports and financial forecasts to senior management
- Analyze vendor quotations and contractor proposals, negotiating terms
- Implement and maintain cost management systems, tools, and processes
- Identify and assess cost risks, developing mitigation strategies
- Stay current with industry trends and market conditions
Requirements
- Minimum 10+ years of cost engineering experience in the Energy & Natural Resources sector
- Proven expertise in project cost estimation, budgeting, and cost control methodologies
- Advanced proficiency in financial modeling and cost analysis tools
- Strong knowledge of capital project delivery and EPC processes
- Demonstrated leadership experience managing technical teams
- Excellent analytical and problem solving capabilities
- Proficiency in Microsoft Excel and cost engineering software platforms
- Outstanding communication and presentation skills
Full Job Posting
Company Overview
- Turner & Townsend is a global professional services company with over 22,000 people in more than 60 countries.
- Working with clients across real estate, infrastructure, energy and natural resources.
Job Description
- Lead and manage cost engineering activities for large scale capital projects, including feasibility studies, detailed cost estimates, and budget forecasting.
- Develop and implement cost control strategies to optimize project expenditures while maintaining quality and schedule objectives.
- Conduct detailed cost analysis and variance investigations, providing actionable recommendations.
- Mentor and supervise junior cost engineers and support staff.
- Collaborate with project managers, engineers, and procurement teams.
- Prepare and present comprehensive cost reports, financial forecasts, and performance metrics to senior management.
- Analyze vendor quotations and contractor proposals, negotiating terms.
- Implement and maintain cost management systems, tools, and processes.
- Identify and assess cost risks, developing mitigation strategies and contingency plans.
- Stay current with industry trends, cost indices, and market conditions.
- Ensure compliance with company policies, regulatory requirements, and cost management best practices.
Required Skills and Experience
- Minimum 10+ years of cost engineering experience in the Energy & Natural Resources sector (renewable energy, utilities).
- Proven expertise in project cost estimation, budgeting, and cost control methodologies.
- Advanced proficiency in financial modeling and cost analysis tools.
- Strong knowledge of capital project delivery and EPC processes.
- Demonstrated leadership experience managing technical teams and mentoring junior professionals.
- Excellent analytical and problem solving capabilities with strong attention to detail.
- Proficiency in Microsoft Excel and cost engineering software platforms.
- Outstanding communication and presentation skills.
- Ability to organize and manage multiple projects simultaneously.
Preferred Skills and Experience
- Experience with Earned Value Management (EVM) and project performance tracking.
- Familiarity with enterprise resource planning (ERP) systems such as SAP.
- Background in renewable energy project delivery.
- Knowledge of Middle East market conditions and regional project execution.
- Professional certification in cost engineering or project management.
- Experience with risk assessment and contingency planning in capital projects.
Additional Information
- It is strictly against Turner & Townsend policy for candidates to pay any fee in relation to our recruitment process.
- Any unsolicited resumes/CVs submitted are considered property of Turner & Townsend and are not subject to payment of agency fees.
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