Cost Estimator

1 week ago


Dammam, Eastern Province, Saudi Arabia Siemens Energy Full time
About the Role

Job Summary

We are seeking a highly skilled Cost Estimator to join our team at Siemens Energy. As a Cost Estimator, you will be responsible for performing cost estimating functions for equipment packaged in Dammam and sold based on customer specifications.

Key Responsibilities

  1. Estimate Product Line Costing

Interpret scope and build estimates using in-house tools, cost books, and experience data to calculate a complete and accurate cost of components and assemblies for projects in Dammam. Align costing of all involved parties on a project basis and optimize cost position through cost review and cost-out meetings.

Develop and Maintain Cost Models

Develop, create, and monitor model selections of configurations. Update the data and maintain templates with current costs and applicable tools in Dammam.

Collaborate with Cross-Functional Teams

Work directly with Bid Management, Engineering, Supply Chain Management, and Manufacturing departments to obtain their feedback for building the estimate and updating existing cost models.

Audit and Analyze Costs

Audit and analyze actual costs with estimated costs to determine if variances exist. Initiate corrective action on any discrepancies and implement lessons learned.

Manage Multiple Proposal Cost Estimates

Manage multiple proposal cost estimates concurrently.

Requirements

  1. Education

Bachelor's degree in Engineering or Finance/Accounting; additional Master's degree preferred.

Experience

Minimum 3 years of experience in the Oil & Gas industry, ideally in the Bid Management / Operations area of the Rotating Equipment Industry; product knowledge of Turbo Compressors and ability to understand and consider technical / commercial requirements.

Skills

Strong affinity for the costing / pricing process during the pre-order stage, preferably supported by experience with costing tools. Strong drive with motivation skills to accomplish tasks with high quality and on time with attention to detail. Advanced knowledge in Office applications. Pro-active and hands-on character with economical thinking and a strong will to provide best in class project support and a willingness to improve the business every day.

Collaboration

Strong collaborative approach and the ability to work with cross-functional teams to drive parts of projects to completion.

About Siemens Energy

At Siemens Energy, we are a leading energy technology company that meets the growing energy demand across 90+ countries while ensuring our climate is protected. With more than 92,000 dedicated employees, we not only generate electricity for over 16% of the global community, but we're also using our technology to help protect people and the environment.

We uphold a 150-year legacy of innovation that encourages our search for people who will support our focus on decarbonization, new technologies, and energy transformation.

Our Commitment to Diversity

We celebrate character – no matter what ethnic background, gender, age, religion, identity, or disability. We energize society, all of society, and we do not discriminate based on our differences.



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