Cost Estimator

Siemens Energy; Saudi Arabia; On-site; SAR 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a skilled Cost Estimator to join their team in Dammam. In this pivotal role, you will leverage your expertise in cost estimation to support various departments, ensuring accurate costing for projects. Your analytical skills will be crucial as you audit costs, optimize pricing strategies, and collaborate with cross-functional teams. This role offers the chance to contribute to innovative projects within the Oil & Gas sector, driving sustainable energy solutions. If you're passionate about making an impact and thrive in a dynamic environment, this opportunity is perfect for you.

Benefits

Medical benefits

Paid holidays

Parental leave

Continual learning opportunities

Access to employee resource groups

Qualifications

• 3+ years experience in Oil & Gas, ideally in Bid Management.
• Strong affinity for costing during pre-order stages.

Responsibilities

• Estimate product line costing and align costing of involved parties.
• Audit actual costs against estimated costs and manage discrepancies.

Skills

Cost Estimation

Project Management

Bid Management

Oil & Gas Industry Knowledge

Analytical Skills

Education

Bachelor's in Engineering

Master's Degree (preferred)

Tools

Costing Tools

Microsoft Office

Job description

A Snapshot of Your Day

The principal responsibility of this position as a Cost Estimator is to perform cost estimating functions for equipment packaged in Dammam and sold based on customer specifications. Role reports to Head of Cost Estimation & Planning CEP. Role requires coordination and interaction across Bid Management, Procurement, Production, Engineering, Finance and Project Management mainly within KSA and partially internationally as well.

How Youll Make An Impact

• Estimate product line costing: Interpret scope and build estimates using in-house tools, cost books and experience data and calculate a complete and accurate cost of components and assemblies for projects in Dammam
• Align costing of all involved parties on a project basis and optimize cost position (e.g. by cost review and cost-out meetings)
• Develop, create and monitor model selections of configurations. Update the data and maintain templates with current costs and applicable tools in Dammam
• Work directly with Bid Management, Engineering, Supply Chain Management and Manufacturing departments to obtain their feedback for building the estimate and updating existing cost models
• Audit and analyze actual costs with estimated costs to determine if variances exist. Initiate corrective action on any discrepancies and implement lessons learned
• Manage multiple proposal cost estimates concurrently
  
  

What You Bring

• Bachelors degree in Engineering or Finance/Accounting, additional Masters degree preferred
• Minimum 3 years of experience in the Oil & Gas industry, ideally in the Bid Management / Operations area of the Rotating Equipment Industry; product knowledge of Turbo Compressors and ability to understand and consider technical / commercial requirements
• Strong affinity for the costing / pricing process during the pre-order stage, preferably supported by experience with costing tools
• Strong drive with motivation skills to accomplish tasks with high quality and on time with attention to detail
• Advanced knowledge in Office applications
• Pro-active and hands-on character with economical thinking and a strong will to provide best in class project support and willingness to improve the business every day.
  
  

About The Team

Our Transformation of Industry division is decarbonizing the industrial sector. Increasing electrification and efficiency are key and demand for green H2 and derivative fuels will rise. We enable decarbonization of the industrial sector and the transition to sustainable processes, building on a strong industrial customer base, a global network, diverse technologies, and integrated execution capabilities.

Who is Siemens Energy

At Siemens Energy, we are more than just an energy technology company. With 100,000 dedicated employees in more than 90 countries, we develop the energy systems of the future, ensuring that the growing energy demand of the global community is met reliably and sustainably. The technologies created in our research departments and factories drive the energy transition and provide the base for one sixth of the world&aposs electricity generation.

Our global team is committed to making sustainable, reliable, and affordable energy a reality by pushing the boundaries of what is possible. We uphold a 150-year legacy of innovation that encourages our search for people who will support our focus on decarbonization, new technologies, and energy transformation.

Find out how you can make a difference at Siemens Energy: https://www.siemens-energy.com/employeevideo

Our Commitment to Diversity

Lucky for us, we are not all the same. Through diversity we generate power. We run on inclusion and our combined creative energy is fueled by over 130 nationalities. Siemens Energy celebrates character no matter what ethnic background, gender, age, religion, identity, or disability. We energize society, all of society, and we do not discriminate based on our differences.

Rewards/Benefits

• Opportunities to work with a distributed team
• Opportunities to work on and lead a variety of innovative projects
• Medical benefits
• Time off/Paid holidays and parental leave
• Continual learning through the Learn@Siemens-Energy platform
• Access to a variety of employee resource group
  
  

https://jobs.siemens-energy.com/jobs

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