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  • Job reference: RMS0133598

Cost Engineer

  • Sector: Oil & Gas
  • Location: Dubai
  • Job type: Contract
  • Date posted: 11/11/2013
This vacancy has now expired.
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The Role:
Job Purpose:
The Cost Engineer providea cost analysis support to the RasGas Venture FAEP project. Interface between Finance and the various Sections within the Venture Group – FAP for the purpose of Invoice processing, cash calls, cost reporting and other support activities.
Operating Budget: None
No. of Reporting Staff: None
Other: None

Key Result Areas:
• Provides progress measurement and cost management expertise to the FAP PMT.
• Responsible for ensuring that the cost control procedures relating to forecasting and reporting are executed on the project.
• Reviews and comments on the change order estimates prepared by the Contractor.
• Administers the project control process, including updating of the current control estimate and maintaining the change order register.
• Prepare other ad hoc analytical support on a regular basis.
• Liaises with Finance department to ensure compliance with normal accounting policies and procedures.
• Designs report formats to meet ad hoc departmental needs.
• Develops an understanding of legal and contract issues.
• Assist PMT in meeting RGEE expectation as required, especially RGEE Element 4 (Information & Documents) and 7 (Management of Change).

Operating Environment, Framework and Boundaries:
• Works in a project environment in which the incumbent strives to achieve best in class Safety, Health, Environmental & Security performance by creating a culture that encourages everyone to perform their best every day on every task
• Works effectively within established policies and procedures, and participates in the further development of these to meet changing needs.
• Works in a dynamic team environment that has high expectations for flawless project execution in safety, quality, cost and schedule performance which requires the incumbent to demonstrate accuracy, initiative and the ability to multi-task as essential skills.
• Demonstrates willingness to tackle a variety of tasks in response to evolving business needs.

Communications and Working Relationships:
• Works closely with the FEED Lead for day-to-day cost control activities including cost and progress measurement. Provides support with preparation of various reports and management presentations.

Participates in: 1) Weekly Progress Status; and 2) Kick-Off Meetings with the Contractor and PMT to ensure common understanding of cost, schedule, estimating, progress measurement, and change management requirements (as required). This requires effective communication, initiative, flexibility and an ability to induce collaboration.
• Maintains regular contact with other members of the Business Team and with counterparts in RasGas Venture Organization.
• Conducts briefing sessions for FAP PMT with respect to planning and scheduling requirements and processes.
• Exhibits team leadership skills, integrity, interpersonal understanding, and self-confidence.
• Leads by example and demonstrates the highest level of integrity in dealings with all parties.
• Communicates concisely in written and verbal context; prepares high quality written documents including e-mails.

Problem Solving/Complexity:
• Utilizes a systematic approach to problem solving that ensures accuracy, timeliness and quality of documentation in resolution.
• Able to work moderately complex tasks to completion within time constraints of FAEP with minimal guidance from more experienced staff.
• Participates in the resolution of problems in more demanding and less familiar situations using precedent and own acquired knowledge.

Decision Making Authority and Responsibility:
• Able to work within a defined role with limited supervision.
• Able to make decisions and solve problems related to a specific discipline/field.
• Responsible for own work product with minimal guidance and oversight from immediate supervisor.
• Establishes credibility with peers and supervisors and makes good use of their time.
• Exercises judgment in making decisions; knows when to seek advice. Understands organizational authority and seeks appropriate line management approvals.

Knowledge Skills and Experience:
• Bachelor’s degree in Accountancy or equivalent.
• Good written and oral communication skills in English.
• Excellent computer skills. Proficient in the use of MS Office 2010 (Excel, Word, Power Point and Outlook).
• Good interpersonal skills and ability to work as team member.
• Good adaptability to multinational environment, with wide exposure to various cultures and customs.
• Good presentation and delivery skills.
• Minimum 5 years varied experience in cost control and budget administration, preferably in oil and gas industry.
• Middle East or Qatar experience is preferred.
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