Junior Engineer, Cost

Penspen Ltd; Abu Dhabi; On-site; AED 180,000 - 300,000; Full time

Job summary

Penspen Ltd. is seeking a highly experienced Junior Cost Engineer to support EPC projects in the oil and gas sector from our Abu Dhabi office. The role focuses on cost control, procurement tracking, and cost reporting to ensure alignment with project budgets and schedules.

The position requires a strong background in procurement, expediting, and vendor management, with hands-on experience in ERP systems such as SAP or Oracle. Excellent analytical and communication skills are essential.

Qualifications

• Bachelor’s degree required in engineering, supply chain, or related field.
• 5+ years procurement and expediting experience in oil & gas, preferably with EPC contractors or operators.
• 3+ years of EPC Experience is Mandatory.
• Strong knowledge of vendor management and Excel.
• Proficient in ERP systems (SAP, Oracle) and Microsoft Office.

Responsibilities

• Monitor actual costs against project budgets.
• Prepare weekly and monthly cost reports.
• Track purchase orders, invoices, commitments, and accruals.
• Assist with cost forecasts and cash-flow updates.
• Identify and report cost variances.
• Maintain cost and change-control records.
• Coordinate with engineering, procurement, construction, and finance teams.

Skills

Cost control

Vendor management

Forecasting

Excel

Education

Bachelor’s degree in engineering, Supply Chain, or related field

Tools

SAP

Oracle

MS Office

Job description

We are seeking a highly experienced Junior Cost Engineerwith a strong background in the oil and gas industry. The ideal candidate will have at least 5years of relevant experience in EPC projects, responsible for managing procurement activities and ensuring timely delivery of equipment and materials to meet project schedules.

Key Responsibilities:

• Monitor actual costs against project budgets.
• Prepare weekly and monthly cost reports.
• Track purchase orders, invoices, commitments, and accruals.
• Assist with cost forecasts and cash-flow updates.
• Identify and report cost variances.
• Maintain cost and change-control records.
• Coordinate with engineering, procurement, construction, and finance teams.

Requirements:

• Bachelor’s degree in engineering, Supply Chain, or related field.

• 5+ years of procurement and expediting experience in oil & gas, preferably with EPC contractors or operators.

• 3+ years of EPC Experience is Mandatory

• Good knowledge of Microsoft Excel.

• Strong analytical, communication, and organizational skills.

• Strong knowledge of vendor management.

• Proficient in ERP systems (e.g., SAP, Oracle) and Microsoft Office.

• Excellent negotiation, communication, and reporting skills.

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