Cost engineer - saudi arabia, dammam

Our client based in saudi arabia is looking for 10 project cost engineers to join their team.position description: we are seeking an experienced cost engineer to join our project management team (pmt). project management teams are directly responsible and accountable for the  delivery of best in class capital projects assigned to department. pmt is directly involved  in executing and managing assigned projects safely, on schedule, within budget and to the  highest standards of integrity and compliance. this will involve engineering design,  procurement and construction of various sizes, types and complexity of small, medium to  multi-billion dollar mega size projects. duties & responsibilities: • provide cost analysis, controls and report activities for capital and non-capital projects. • provide input and recommendations for cost engineering requirements relative to staffing, project controls, and preparing and analyzing comparisons of scope, quantities and cost data between the project forecasts and the budgets. • organize, monitor and control project costs and will define project needs for cost control in accordance with contractual requirements, objectives, and company procedures. • ensure that all project commitments are accurately reported and will maintain updated final project forecasts and expenditure forecasts. • proactively advise management when forecasted costs exceed the approved budget. • use statistical tools to analyze costs metrics and perform risk analysis. • analyze contractors' cost reports and extract required data for management reporting. • prepare and report cost engineering information on a monthly basis and additional ad-hoc reports as required by management.• provide all cost engineering expertise and coordinates activities as group/unit leader as required in preparation of cost portion of the engineering, procurement and construction contracts. • collect, monitor, analyze and report all cost information through the project manager. • review and analyze all claims and change orders on project contracts. • participate in the negotiation of project contracts as required.• initiate appropriate action when total forecast indicates allocated funds will be exceeded. about us: our high-performing employees are drawn by the challenging and rewarding professional,  technical and industrial opportunities we offer, and are remunerated accordingly.  , our people work on truly world-scale projects, supported by investment in  capital and technology that is second to none. and because, as a global energy company,  we are faced with addressing some of the world’s biggest technical, logistical and  environmental challenges, we invest heavily in talent development.  we have a proud history of educating and training our workforce over many decades.  employees at all levels are encouraged to improve their sector-specific knowledge and competencies through our workforce development programs – one of the largest in the  world. skills• as the successful candidate, you will hold a bachelor's degree in engineering from a  recognized university • you will have a minimum of fifteen years cost engineering experience in oil and gas,  petrochemical, refinery projects or facilities, with at least ten years in managing  project budgets, cost tracking, forecasting; and financial reporting with a broad, multi discipline knowledge and experience of cost engineering for oil and gas projects. • a certification from professional organization is highly recommended.

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