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Cost Engineer
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Posted:
28 Mar 2008
Location:
Saudi Arabia
MINIMUM REQUIREMENTS:
Education: Bachelor s degree in Engineering, Construction Management, Economics, Business Administration, or Accounting, or closely related major.
Experience: - Minimum of seven years cost engineering experience including at least three years devoted to petrochemical, refinery, pipeline, or power generation projects. Must be familiar with construction practices, materials, equipment. Non engineers, minimum ten (10) years cost engineering experience is required.
OR
Education: Certified by Institute of Building, Institute of Quantity Surveying, Royal Institute of Chartered Surveyors, HNC, HND.
Experience: Ten years cost engineering experience including at least five years concentrated toward heavy industrial capital projects. Must be familiar with construction practices, materials, equipment. Must have ability to communicate fluently in both spoken and written English.
DUTIES/RESPONSIBILITIES:
Provides all cost engineering expertise.
Assists Cost Engineer I and project management in the negotiation of project contract as required. Assists in preparation of cost portion of Engineering, procurement and construction contracts.
Preparation, review, monitoring, analysis and reporting of all cost data for projects associated with capital expenditure program, as well as the division s Net Direct Expenditures (NDE), Annual Operating Plan and Five Year Business Plan.
Assists Division Business Administrator and Project Manager in all cost related matters.
Directs Contractor CTS Cost Engineers/Analysts in the preparation, review, monitoring and reporting on the following:
Monthly project reports including Project Planning Updates (PPU) and Monthly Project Updates (MPU) particularly cost commitments, expenditures and forecasts.
Monthly NDE cost sheet reports analysis and verification.
Quarterly Variance Analysis, Accountability Reports, Annual Operating Plan and Five Year Business Plan.
Monthly Information System (MIS) and Balance Score Card(BCS) reporting.
Opening and financial closing of WBS accounts for capital projects.
Review and analyze claims and change orders on project contracts.
Advises lower level cost engineers (III and IV) of company cost engineering methods/procedures and coordinates assignments prepared by lower level cost engineers.
Keeps abreast of significant developments in cost engineering by close review of technical literature, contacts with contractors, visits to area of construction and attendance of professional and technical meetings.
Utilizes available computer cost engineering programs.
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