Cost Engineer

2 weeks ago

Dhahran Compound, Saudi Arabia oilandgas Full time
Overview:

We are seeking a Cost Engineer to join our Assets Maintenance Solutions Department (AMSD) within our Global Manufacturing Excellence Organization.

AMSD is responsible for providing maintenance technical consultations, towards best-in-class maintenance organization through conducting selective maintenance assessment, turnaround assurance and deploying cutting-edge technologies and best practice across Global Manufacturing portfolio.

Your primary role will be to to carry out cost engineering functions related to maintenance and turnaround in the Oil & Gas downstream sector (refineries / petrochemicals).

Benefits
  • Compelling remuneration package.
  • Permanent Employment on an Indefinite Term Employment Agreement.
  • The company's Incentive Plan: This is a broad-based annual and performance based incentive plan based on company and individual performance, base salary, and length of service during the plan year. The objective of this plan is to drive organizational performance, as well as, recognize and reward your contributions beyond the normal annual merit increases.
  • Annual repatriation travel allowance: An annual cash payment that more than covers airfare costs to your home country. You have full flexibility to use this payment in any way you choose.
  • Annual vacation: You can look forward to up to 38 calendar days of paid leave each year. In addition, you'll typically be granted between 9 and 11 days of national public holidays each year.
  • Severance award: In accordance with the Saudi labor law, a severance award is payable by the company to employees who leave after two years or more of satisfactory service. The severance award is based on length of continuous service and final base pay. The severance award can be a substantial benefit for longer service employees.
  • Education Assistance Plan: If you are hired on family status, you may be eligible to benefit from the company's excellent education assistance plan for dependent children. This may include the option for them to attend the company's high quality private schools or to attend international schools in the local community.
  • Quality housing in company communities or a rental assistance allowance: We have four communities in the Eastern Province where we provide quality accommodation in pleasant surroundings. Alternatively, employees may obtain housing in the local communities outside of the company's communities, for which we provide a rental assistance allowance.
  • Free medical care: We provide medical care via our subsidiary medical network or contracted hospitals and clinics. These facilities are among the finest in the Middle East.
  • Free access to recreational facilities: You will have access to our extensive range of recreational facilities that include: private beaches, tennis courts, exercise gyms, swimming pools, golf courses, tennis and squash courts, and much more.
  • Free scheduled transportation: Air-conditioned buses are provided free of charge for transportation within camp areas, to work locations, local shopping areas outside camp, the beach and our other communities.
  • Voluntary Group Life and Accident Insurance: you may enroll in a voluntary program providing term life insurance and accidental death and dismemberment (AD&D) coverage equal to 12, 18, 24 or 30 times your monthly base salary. Favorable group rates keep the premium low.
  • Short-term Disability: In the event you are unable to work due to illness or injury, short-term disability income benefits are provided. The benefit is 30 days full pay and 60 days at three-quarters pay, in any one year period.
  • Death Benefit: The company pays an ex-gratia death benefit equal to 24 months base pay if death is from an industrial accident and 12 months base pay if death is non-industrial related.
  • Career development: We recognize and value professional growth and achievement, so you'll have many opportunities to develop your career and expertise.
Duties & Responsibilities:

Assist in establishing estimating standards and strategies for maintenance work and turnaround in order to optimize cost and reduce risks.

Review bottom up estimate for yearly budget for maintenance.

Review bottom up estimate for planned turnaround.

Assist in establishing guidelines for yearly budgeting for maintenance and turnaround.

Coordinate and work closely with Maintenance Engineer / Turnaround Engineer to prepare / review / finalize initial yearly maintenance budget and turnaround budget.

Coordinate and work closely with Maintenance Engineer / Turnaround Engineer to review / finalize mid-year and Year-end budget.

Carryout spending analysis and find out areas of improvement for cost savings and improvement.

Carryout replacement vs maintenance cost of assets.

Coordinate and work closely with Maintenance Engineer / Turnaround Engineer / Contract Advisor to estimate contract cost in proposal stage.

Coordinate and work closely with Contract Advisor / Contract Engineer to evaluate price bid from cost engineering point of view.

Coordinate and work closely with Contract Advisor / Contract Engineer to prepare and establish cost evaluation criteria.

Assist in preparing, developing and measuring Key Performance Indicators for cost performance.

Maintain computer records of cost estimating standards and guidelines.

Coordinate and work closely with Maintenance Engineer / Turnaround Engineer to monitor cost at regular interval and produce periodic cost report.

Minimum Requirements:

• As the successful candidate you must hold a Bachelor degree in Engineering, preferably in Mechanical, Electrical, Industrial, Construction, Production or closely related discipline.

• You should have Minimum of 10 years cost engineering experience in maintenance and turnaround.

• Experience in cost benchmarking such as Solomon will be an advantage.

• You should be familiar & experienced with contracting process and cost engineering in contracting.

• You should be experienced in carrying out bottom up estimate for yearly budget for maintenance as well as planned turnaround.

• You should also be experienced in the use of cost estimating tools and the application of market conditions and risk management to estimates.

• Experienced & knowledge in computer-estimating programs, such as Aspentech CCE (Capital Cost Estimator), etc. and shall be familiar with estimate databases such as Richardson or similar is required.

• You should be experienced with SAP system.

• Certification in Project Management Professional (PMP), AACE-CCP (American Association of Cost Engineers - Certified Cost Professional) or AACE-CEP (American Association of Cost Engineers - Certified Estimating Professional) will be preferred.

BH4026

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