Cost Engineer

5 months ago


Hofuf, Saudi Arabia Simba Talent Full time

**This is a relocation opportunity only (to the Kingdom of Saudi Arabia).**

**At the present time, this opportunity is only open to Australian and New Zealand passport holders.**

**-**

**Position Description**

An opportunity has arisen for a Cost Engineer to join an Assets Maintenance Solutions Department (AMSD). AMSD is responsible for providing maintenance technical consultations, aiming for the best-in-class maintenance organisation through conducting selective maintenance assessments, turnaround assurance, and deploying cutting-edge technologies and best practices across the portfolio.

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

**Minimum Requirements**

You should have a minimum of 10 years' experience in cost engineering in maintenance and turnaround. Experience in cost benchmarking such as Solomon will be an advantage. Familiarity and experience with contracting processes and cost engineering in contracting are required.

Experience with SAP system is essential.

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.

**Duties & Responsibilities**
- Assist in establishing estimating standards and strategies for maintenance work and turnaround to optimise cost and reduce risks.
- Review bottom-up estimates for yearly maintenance budgets and planned turnarounds.
- Assist in establishing guidelines for yearly budgeting for maintenance and turnaround.
- Coordinate closely with Maintenance Engineer/Turnaround Engineer to prepare/review/finalise initial yearly maintenance budget and turnaround budget.
- Coordinate closely with Maintenance Engineer/Turnaround Engineer to review/finalise mid-year and year-end budgets.
- Conduct spending analysis to identify areas for cost savings and improvement.
- Compare replacement costs vs maintenance costs of assets.
- Coordinate closely with Maintenance Engineer/Turnaround Engineer/Contract Advisor to estimate contract costs in the proposal stage.
- Coordinate closely with Contract Advisor/Contract Engineer to evaluate price bids from a cost engineering point of view.
- Coordinate 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 closely with Maintenance Engineer/Turnaround Engineer to monitor costs at regular intervals and produce periodic cost reports.


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