Senior Cost Engineer

EHIF; Sharjah; On-site; AED 293,000 - 368,000; Full time

Job summary

A leading global consulting firm in Sharjah is seeking a Senior Cost Engineer to support the project controls team. The role requires a degree in a relevant discipline and a minimum of 10 years' experience in cost or estimating positions, particularly within the oil and gas industry. Key responsibilities include managing project budgets, liaising with various teams for accurate cost forecasting, and ensuring compliance with cost control procedures. Competitive salary and benefits offered.

Benefits

Competitive salary

Medical Insurance

Group Life and Personal Accident Insurance

Employee Share Plan

Commitment to Diversity and Inclusion

Commitment to continued professional development

Qualifications

• Minimum 10 years’ experience in cost or estimating positions.
• Knowledge of engineering and construction projects in oil and gas industry.
• In-depth understanding of Cost Control and Risk Analysis.

Responsibilities

• Manage project work approval process and budget set-up.
• Develop and maintain Project Cost Plans using software.
• Liaise with project management for cost forecasting accuracy.
• Monitor project cost commitments and expenditures.

Skills

Knowledge and application of Cost Engineering principles

Understanding of project management principles

Good supervisory skills

Knowledge of Cost Control

Education

Degree in relevant technical or business discipline or equivalent industry experience

Tools

Computerized Cost Management and reporting systems

Job description

Wood is currently looking for a Senior Cost Engineer to be based in Sharjah to support our project controls team.

Remarkable people, trusted by clients to design and advance the world.

Wood is currently looking for a Senior Cost Engineer to be based in Sharjah to support our project controls team on 5/2 work schedule.

#Wood #Sharjah #UAE #Senior Cost Engineer

The role

This is an exciting opportunity for an experienced Senior Cost Engineer to be based in Sharjah to support our project controls team.

Our Clients and Projects

Designing the future. Transforming the world.

Wood has been awarded a general engineering contract to support an International Client operator to deliver a portfolio of onshore capital projects by provision of engineering and project management services (including EPC contract management), as well as Supply Chain, Construction and Commissioning support from Wood Iraq and UAE offices.

Projects include both Greenfield and Brownfield modification projects and integrating low‑carbon solutions to support our client’s energy transition and emissions reduction goals.

What we can offer

• Meaningful and interesting projects Delivered to high profile clients and complex projects in Iraq
• Commitment to Diversity and Inclusion; we are an organisation actively committed to diversity and inclusion across our business with employee networks committed to giving all employees a voice
• Competitive salary with regular salary reviews to ensure we are rewarding at the right level in line with the market
• Commitment to continued professional development; development plans that are tailored to your individual needs and interests
• Global connections: join experts around the world who are at the leading edge of our industry, shaping the standards of our profession
• Medical Insurance Ensures inpatient and outpatient medical care is available should you require treatment.
• Group Life and Personal Accident Insurance The company provides Life Assurance cover
• The Employee Share Plan Gives you the opportunity to purchase Wood shares and receive a match from the company
• Long Service Award Wood values the commitment and loyalty of our people. Celebrating Long Service provides an opportunity for the business to demonstrate their appreciation of the hard work, dedication and many years’ services of our employees at 5-year service milestones

Key Accountabilities & Responsibilities

• Responsible for working within the provisions and guidelines of the Wood Quality Assurance systems and processes
• Act as Cost Focal Point for specific project scopes as required
• Develop and maintain Project Work Breakdown Structure (WBS) and Cost Breakdown Structure (CBS) for specific scopes
• Develop project budget in accordance with project estimate and CTR Catalogue
• Manage the project work approval process in terms of accurate cost code allocation and initial budget set‑up and approvals
• Develop and maintain project cost plans using appropriate software applications
• Monitor and control cost commitments and expenditures through all phases of project lifecycle
• Liaise with project management, project planning and others as required to ensure accuracy in project cost phasing and forecasting
• Liaise with procurement, finance and time‑capture functions, and third parties as required, to ensure accurate and timely capture of procurement, materials, subcontract and labour manhour costs. Ensure costs are allocated accurately in accordance with approved project WBS
• Liaise with engineering, procurement and construction functions, and others as required, to maintain awareness of project activities and their impact on the project budget, schedule and cost forecast
• Provide copies of project cost performance reports in accordance with project reporting requirements.
• Produce and issue updates to project cost forecasts.
• Monitor and report on cost impact of project manpower forecasts.
• Coordinate development and issue of project change orders/variations in accordance with engineering and construction change notifications.
• Assess and communicate cost and schedule impact of change notifications
• Monitor cost impact of achievement/non‑achievement of major project milestones
• Monitor overall project cost performance and contingency drawdown
• Attend project/client meetings and present project cost performance status as required
• Assist manage the project cost close‑out process
• Delegate and manage the work of subordinate project controls staff as required
• Liaise with the Planning discipline to ensure accurate and timely control and forecasting of budgets and ensure that the impact of all change requests are properly assessed and included in the schedules
• Participate in cost and estimate risk analysis sessions as required
• Assist with audits to ensure compliance with relevant Wood Planning procedures
• Provide guidance and support to subordinate Project Controls staff as required

What makes you remarkable?

At Wood, we are committed to equal opportunities and welcome all talented individuals to consider joining our team. So even if you don't match every statement below but feel you have some of the experience, knowledge or skills needed for this role, we encourage you to apply. It will take all of us working together to deliver solutions to the world’s most critical challenges.

Expected

• Degree in relevant technical or business discipline or can be substituted by suitable industry experience
• Knowledge and application of Cost Engineering principles
• Minimum 10 years’ experience in cost or estimating positions
• Knowledge of engineering and construction projects in the oil and gas industry, preferably in both onshore and offshore environment
• Good knowledge of computerized Cost Management and reporting systems preferred together with ability to consolidate cost data from a number of sources for overall presentation
• In‑depth understanding of project management principles and techniques
• Good supervisory skills
• Good understanding of Cost Control, Estimating, Change Control and Risk Analysis

Wood is currently looking for a Senior Cost Engineer to be based in Sharjah to support our project controls team.

Wood is a global leader in consulting and engineering, helping to unlock solutions to critical challenges in energy and materials markets. We provide consulting, projects and operations solutions in 60 countries, employing around 35,000 people. www.woodplc.com

Diversity Statement

We are an equal opportunity employer that recognises the value of a diverse workforce. All suitably qualified applicants will receive consideration for employment on the basis of objective criteria and without regard to the following (which is a non‑exhaustive list): race, colour, age, religion, gender, national origin, disability, sexual orientation, gender identity, protected veteran status, or other characteristics in accordance with the relevant governing laws.