Senior Cost Engineer

WorleyParsons

Abu Dhabi, UAE

Posted on: 4 Sep 2024

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JOB DESCRIPTION / ROLE

Employment: Full Time

Building on our past. Ready for the future

Worley is a global professional services company of energy, chemicals and resources experts. We partner with customers to deliver projects and create value over the life of their assets. We're bridging two worlds, moving towards more sustainable energy sources, while helping to provide the energy, chemicals and resources needed now.

Roles and Responsibilities:
- First point of contact for Contract portfolio overall Cost engineering queries
- Full understanding of the commercial aspect of the project contract and the application to the cost management
- Understand contract specific cost procedures and carry out all work in accordance with these,
- Study and understand all relevant project documents relating to the cost management of allocated project(s)
- Work with all relevant project and discipline personnel to ensure that cost control procedures are followed,
- Set Up project/projects within Cost System to agreed format,
- Establishing project control budgets based on the client approved Project Control Estimate,
- Assisting Project Management in identifying and gaining approval of Change Requests,
- Reviewing cost commitment and expenditure information (for all cost elements), for input to the computerised cost control and reporting system on a weekly basis and ensuring that all information received is accurate and correctly input,
- Producing regular cost reports and advising management of any forecast cost overruns as soon as possible to allow corrective actions to be taken in a timely manner. Highlighting areas of concern and suggesting areas of improvement,
- Maintaining comprehensive accessible registers of financial approvals, variations and change orders,
- Review project man-hours and the allocation of man-hours in conjunction with Planning on a regular basis
- Liaising with the Project Management, Finance and Contracts and Procurement departments with regards to establishing monthly evaluation of work done, goods received and services rendered for invoice preparation and verification
- Ensure that all cost related work is in compliance with the contract,
- Maintain rates within Computerised Cost System ensuring they are up to date and all rate uplifts are implemented. Advise Project Management of additional costs involved and assist in obtaining additional approval from client,
- Check that all estimates meet contract requirements and all relevant cost information is fed back to the estimates,
- When Project specific Cost Procedures are in place ensure they have been implemented in full,
- Maintain a good working knowledge of relevant corporate cost software,
- Ensure that adequate control of commitment is in place,
- Supervise and encourage junior and assistant personnel, including checking their work,
- Participate in schedule risk analysis as required,
- Ensure that the Corporate and Project Specific Change Control procedures are being adhered to

Requirements:
- Experience in Oil and Gas Industry in Cost Engineering roles.
- BSc., University in preferably Engineering/Business Management Studies
- Ability to work and manage in a multi-cultural environment with good understanding of cost estimation parameters to be considered in Middle East.
- Skill to actively engage with different project disciplines
- Ability to work and manage in a multi-cultural environment

Moving forward together

We're committed to building a diverse, inclusive and respectful workplace where everyone feels they belong, can bring themselves, and are heard. We provide equal employment opportunities to all qualified applicants and employees without regard to age, race, creed, color, religion, sex, national origin, ancestry, disability status, veteran status, sexual orientation, gender identity or expression, genetic information, marital status, citizenship status or any other basis as protected by law.

We want our people to be energized and empowered to drive sustainable impact. So, our focus is on a values-inspired culture that unlocks brilliance through belonging, connection and innovation.

And we're not just talking about it; we're doing it. We're reskilling our people, leveraging transferable skills, and supporting the transition of our workforce to become experts in today's low carbon energy infrastructure and technology.

Whatever your ambition, there's a path for you here. And there's no barrier to your potential career success. Join us to broaden your horizons, explore diverse opportunities, and be part of delivering sustainable change.

ABOUT THE COMPANY

Worley is a leading global provider of professional services in the energy, chemicals and resources sectors. We partner with our customers to address their most critical challenges at every stage of their projects: from initial concepts to sustaining and enhancing their assets. And we provide smarter, bolder solutions while delivering on our own sustainability commitments.

We are 51,000 bright minds across 46 countries all driven by a common purpose – delivering a more sustainable world. While working to fulfill our ambition to be recognized globally as the leader in sustainability solutions.

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