Senior / Lead Cost Engineer
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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
- Collaborate with project managers, engineers, and procurement teams
- Prepare and present cost reports and financial forecasts to senior management
- Analyze vendor quotations and contractor proposals, negotiating terms
- Implement and maintain cost management systems and tools
- Identify and assess cost risks, developing mitigation strategies
- Stay current with industry trends and market conditions
- Ensure compliance with company policies and regulatory requirements
Requirements
- Experience in cost engineering for large scale capital projects
- Strong analytical and leadership skills
- Proven track record in complex, multi disciplinary project environments
- Experience in Energy & Natural Resources sector
Full Job Posting
Job Overview
- Seeking an experienced Senior/Lead Cost Engineer to join in Dubai, UAE.
- Lead cost engineering initiatives across major capital and operational projects in Energy & Natural Resources sector.
- Develop comprehensive cost strategies, manage project budgets, and drive cost optimization.
Key Responsibilities
- 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 to project leadership and stakeholders.
- Mentor and supervise junior cost engineers and support staff, fostering a culture of excellence and continuous improvement.
- Collaborate with project managers, engineers, and procurement teams to ensure cost alignment with project scope and deliverables.
- Prepare and present comprehensive cost reports, financial forecasts, and performance metrics to senior management.
- Analyze vendor quotations and contractor proposals, negotiating terms to achieve optimal value for the organization.
- Implement and maintain cost management systems, tools, and processes to enhance efficiency and accuracy.
- Identify and assess cost risks, developing mitigation strategies and contingency plans.
- Stay current with industry trends, cost indices, and market conditions affecting the Energy & Natural Resources sector.
- Ensure compliance with company policies, regulatory requirements, and cost management best practices.
Ideal Candidate
- Exceptional analytical capabilities.
- Strong leadership acumen.
- Proven track record of delivering results in complex, multi disciplinary project environments.
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