Cost Engineer -Oil & Gas

Role : Cost EngineerWork Location : Eastern Region _Saudi ArabiaThe role focuses on executing budgeting, cost control, and financial planning for large-scale projects.Key Responsibilities:Budget Preparation:Develop and maintain comprehensive project budgets, incorporating accurate cost estimates for labor, materials, equipment, and subcontractors.Collaborate with project teams and stakeholders to gather precise data for budget planning.Analyze historical cost data and market trends to establish realistic and achievable budget targets.Cost Monitoring and Control:Track and monitor project expenditures, comparing actual costs to budgeted figures, and addressing any variances.Conduct cost trend analysis, risk identification, and explore cost-saving opportunities.Prepare detailed cost reports, including forecasts, variance analyses, and cash flow projections.Ensure effective implementation of cost control measures in coordination with project managers and stakeholders.Qualifications:Bachelor's degree in Engineering (Electrical or Civil).6-15 years of experience in budgeting, cost control, and financial planning within the construction or infrastructure sectors.Strong understanding of cost estimation, budgeting, and financial analysis methodologies.Skilled in using cost control software, project management tools, and budgeting systems. #J-18808-Ljbffr