Project Manager Indirect

SLB; Dubai; On-site; AED 300,000 - 520,000; Full time

Job summary

SLB in Dubai seeks a senior Cost Engineer to lead planning, monitoring and forecasting of project costs across the lifecycle, ensuring alignment with approved budgets and contractual structures.

You will integrate cost management, change control, EVM, and risk analysis into the project controls framework, supporting informed decisions and accurate reporting for successful delivery within budgets.

Qualifications

• Bachelor’s degree in engineering, quantity surveying, construction management, finance or related.
• 8–15+ years in project controls or cost engineering in Oil & Gas / EPC.
• AACE CCP/EVP preferred.

Responsibilities

• Establish and maintain project cost budgets and baselines.
• Lead cost planning, forecasting and control accounts.
• Apply EVM, track CPI/SPI, and prepare cost reports.
• Evaluate changes/variation orders and quantify financial impacts.
• Coordinate with engineering, procurement and commercial teams.

Skills

Cost Control

Cost Forecasting

Earned Value Management (EVM)

Change Management

Risk / Contingency Management

CPM Scheduling

Education

Bachelor’s Degree in Engineering

Tools

Primavera P6

SAP

Power BI

Excel (Microsoft)

Job description

Objectives:

• Responsible for establishing, maintaining, monitoring, and forecasting project costs throughout the project lifecycle.
• Ensures cost visibility, supports informed decision-making and provides accurate project performance reporting to enable successful project delivery within approved budgets.
• Cost Engineer acts as the custodian of project cost performance data, integrating cost management/change management/earned value analysis/cost forecasting/ cost risk assessment into a structured project controls framework.
• Responsible for evaluating project changes and variation orders, determining impacts on project scope, WBS, Control Accounts, budget and forecast, quantifying internal cost impacts, and preparing robust commercial substantiation for client and subcontractor claims.

Activities:

Cost Planning & Budget Controls :

• Establish and maintain project budgets consistent with approved estimates and execution strategies.
• Develop and implement the Project Cost Architecture, including the Work Breakdown Structure (WBS), Cost Breakdown Structure (CBS), control accounts, and budget allocation, aligned with the contractual structure, and project schedule.
• Ensure Control Accounts are set up, all budget data is coded and configured on Project Cost Control Platform.

Lead all project change and variation cost assessments :

• Responsible for evaluating project changes and variation orders, determining impacts on project scope, WBS, Control Accounts, budget and forecast, quantifying internal cost impacts

Cost Monitoring, Forecasting & Project Performance Analysis :

• Conduct trend analysis and identify potential cost overruns and improvement opportunities.
• Record/Track commitments, and forecasts throughout the project lifecycle.
• Prepare Estimate at Completion (EAC), Estimate to Complete (ETC), and Variance at Completion (VAC) forecasts . Report to Project Controller.
• Maintain accurate updates of cost distribution over time periods in meeting annual/quarterly targets
• Implement Earned Value Management (EVM) using Project Cost Control platform and monitor CPI, SPI, CV, and SV metrics.
• Prepare the Cost Control Reports and Project Net Cash Flow in liaison with Project Controller.

Contract/Commercial Support:

• The role serves as the focal point between Project Controls, Engineering, Procurement, Construction and Commercial functions to ensure all project changes are accurately assessed, captured, forecast and recovered.
• Support quantitative risk assessments and cost contingency analysis.
• Review contractor invoices, commitments, and payment applications.
• Ensure alignment between schedule, progress, and cost reporting. Cross- functional co-ordinations.

Experience :

• Bachelor’s Degree in Engineering, Quantity Surveying, Construction Management, Finance, or related discipline.
• 8–15+ years of experience in project controls or cost engineering within Oil & Gas, LNG, Petrochemical, Refinery, Offshore, or EPC projects.
• AACE Certified Cost Professional (CCP) /Earned Value Professional (EVP)(Preferred) .

Expertise :

• Cost Control
• Cost Forecasting
• Earned Value Management (EVM)
• Change Management
• Risk /Contingency Management
• Primavera P6
• SAP
• Power BI/Advanced Microsoft Excel

SLB is an equal employment opportunity employer. Qualified applicants are considered without regard to race, color, religion, sex, national origin, age, disability, or other characteristics protected by law.