Oil & Gas Cost Controller - Budget & Forecast Lead

ABIS; Al Jubayl; On-site; SAR 100,000 - 170,000; Full time

Job summary

ABIS is seeking an experienced Cost Engineer with 6-8 years in costing and budgeting within the oil and gas sector, especially for Shutdown/Turnaround projects. The role involves monitoring costs, performing data analysis, and coordinating with multiple departments to ensure accurate tracking and reporting.

The ideal candidate holds a Mechanical Engineering degree (or MBA) and has experience with ERP Microsoft Dynamics AX 365. On-site work in Saudi Arabia's Eastern Province is expected.

Qualifications

• Bachelor's degree in Mechanical Engineering or related field
• Master's degree in engineering or MBA is a plus

Responsibilities

• Monitor and update cost estimates for projects to ensure costs are within expected ranges
• Prepare and analyze comparisons of scope, quantities and cost data between project forecasts and budgets
• Organize, monitor, and control project costs in accordance with contractual requirements and company procedures
• Coordinate with HR, payroll, accounting and finance to track all costs accurately
• Ensure all project commitments are reported and maintain updated forecasts
• Advise management if forecasted costs exceed budget and recommend corrective actions
• Use statistical tools to analyze cost metrics and perform risk analysis
• Attend project meetings with external clients as needed
• Analyze cost reports and extract data for management reporting
• Prepare monthly cost engineering information for management
• Identify critical areas and inform management of delays
• Coordinate with project management to resolve issues and ensure delivery
• Provide cost engineering expertise for Oil & Gas shutdown/turnaround, projects, LFC/MFC/EPC contracts
• Review and analyze claims and change orders on project contracts
• Participate in negotiation of project contracts
• Related to oil and gas maintenance/shutdown/ turnaround

Job description

ABIS is seeking an experienced Cost Engineer with 6-8 years in costing and budgeting within the oil and gas sector, especially for Shutdown/Turnaround projects. The role involves monitoring costs, performing data analysis, and coordinating with multiple departments to ensure accurate tracking and reporting.

The ideal candidate holds a Mechanical Engineering degree (or MBA) and has experience with ERP Microsoft Dynamics AX 365. On-site work in Saudi Arabia's Eastern Province is expected.