Cost Estimation Engineer

MPH Consulting Services; Abu Dhabi; On-site; AED 120,000 - 180,000; Full time

Job summary

A leading consulting service is seeking a Cost Estimation Engineer based in Abu Dhabi. The role involves extensive cost analysis and management for projects in the oil and gas sector, requiring strong analytical skills, relevant experience, and a degree in engineering. This 24-month contract offers the chance to work on significant projects within a dynamic team, ensuring financial resources are effectively planned and monitored throughout project execution.

Qualifications

• Bachelors in Engineering from a reputed university.
• 7+ years of relevant experience, 5+ years in cost estimation in oil and gas.
• Preferable UAE experience.

Responsibilities

• Calculate expected costs of projects including materials, labor, and equipment.
• Prepare cost proposals and monitor actual costs versus budgets.
• Assist procurement team with cost data and vendor evaluations.

Skills

Analytical Skills

Cost Analysis

Communication Skills

Education

Bachelor's degree in Engineering

Master's degree or MBA

Tools

MS Office

AutoCAD

Job description

We are looking for a Cost Estimation Engineer for one of our clients with the following details:

Location: Abu Dhabi UAE (Office based

Expected start date: ASAP

Contract Duration: 24 months

Qualification and Experience Required:

• Bachelor's degree in Engineering from reputed university.
• Master degree or MBA and UAE experience will be given preference.
• Relevant Experience (7+ Years) Minimum years
• Minimum 5+ years of Cost Estimation & Cost Controls experience, in the oil and gas industry is required
• MS Office
• AutoCAD
• Project Standards

Services Description

• Cost Estimation & Analysis Involves calculating the expected costs of a project, including materials, labour, equipment, and overhead.
• Measuring and listing all the materials and labour quantities required for a project, based on drawings and specifications.
• planning the overall financial resources of a project and assigning costs to different parts of the project and tracking them throughout the execution phase
• Preparing cost proposals and bids for submission to clients or for internal approvals with includes pricing, BOQs, technical documentation, and compliance with RFT.
• Monitoring actual costs vs. the budget, while forecasting involves predicting future costs based on current progress and trends.
• Improve value by analysing functions and finding cost-effective alternatives without compromising quality or performance
• Assisting in preparing contract documents and supporting the procurement team with cost data and technical evaluations of vendors/suppliers
• Strong Analytical & Communication Skills
• Break down complex cost data, identify trends, and solve budgeting or estimation problems.
• Explain estimates, defend budgets, and collaborate with engineers, vendors, and clients effectively.

If Interested Kindly apply.