Cost Estimation Engineer

MPH Global; Abu Dhabi; On-site; USD 70,000 - 90,000; Full time

Job summary

A leading company seeks a Cost Estimation Engineer based in Abu Dhabi. The role involves cost analysis for projects in the oil and gas industry, requiring extensive experience and strong analytical skills. Candidates with a degree in Engineering and relevant UAE experience are preferred.

Qualifications

• 7+ years relevant experience in Cost Estimation & Cost Controls.
• Minimum 5+ years in the oil and gas industry.
• Preference for UAE experience.

Responsibilities

• Calculate expected costs of projects including materials and labor.
• Prepare cost proposals and bids, ensuring budget compliance.
• Monitor actual costs vs. budget and forecast future costs.

Skills

Analytical Skills

Communication Skills

Cost Estimation

Cost Controls

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.