Senior Cost Engineer

Title:

Job Description

Position: Senior Cost Engineer

Company: KBR

Project: BP_ROO EPCM

Location: Abu Dhabi

About Company

KBR is a global provider of differentiated professional services and technologies across the asset and program life cycle within the Government Services and Hydrocarbons sectors. KBR employs approximately 34,000 people worldwide (including our joint ventures), with customers in more than 80 countries, and operations in 40 countries.

Job Purpose

The Senior Cost Engineer will play a pivotal role in overseeing and managing cost control activities for the BP_ROO_EPCM project. This leadership position is critical to driving financial performance through precise estimating, rigorous monitoring, and comprehensive reporting of costs, as well as navigating changes in a fast-paced environment.

Job Responsibilities

• Lead the development and maintenance of detailed cost estimates for various project phases, with an emphasis on FEED design and Brownfield estimation.
• Oversee and perform extensive analysis of project costs, including VOWD (Value of Work Done), MLO (Monthly Level of Effort), and forecasts, ensuring incorporation of potential changes and risks.
• Manage and enhance change control processes; lead discussions to evaluate scope changes and their associated cost implications.
• Prepare and present comprehensive cost reports and job packages to the Project Controls Manager and senior leadership, highlighting financial performance and actionable insights.
• Analyze cost performance indices to track project health, identify trends, and recommend strategies for improved cost efficiency and budget adherence.
• Mentor and guide junior cost engineers and project team members, fostering their development and ensuring knowledge transfer across the team.
• Collaborate closely with cross-functional teams including procurement, finance, and project management to ensure alignment on cost objectives and deliverables.
• Implement cost management strategies and best practices across the project, leveraging industry experience to enhance processes.
• Act as the primary point of contact for cost-related inquiries and issues, effectively communicating with internal and external stakeholders.
• Support audits and compliance activities by providing necessary documentation and information pertaining to cost management.

Functional Responsibilities

• Take ownership of comprehensive cost control and analysis, ensuring accuracy and compliance with KBR’s financial standards.
• Conduct detailed reviews of contracts, subcontracts, and change orders to assess financial impacts and risks.
• Develop and maintain performance metrics and dashboards to monitor project cost performance.
• Innovate and lead workshops to improve cost forecasting and risk management practices within the project team.

Technical Skills

• Extensive expertise in cost engineering concepts and practices within the oil and gas industry, particularly in the realms of FEED design and brownfield project estimations.
• Proficient in cost estimating software, advanced project management tools, and industry-standard cost control methodologies.
• Strong analytical skills with a capacity to interpret complex data and translate them into actionable insights.

Soft Skills

• Exceptional leadership and mentoring capabilities, with a commitment to developing team excellence.
• Strong communication and interpersonal skills, capable of effectively interacting with all project stakeholders and facilitating discussions.
• Robust problem-solving skills with a strategic mindset to assess risks and opportunities.
• Highly organized with meticulous attention to detail, capable of managing multiple tasks and priorities in a fast-paced environment.

Experience

• Minimum of 12 years of relevant experience in cost engineering, with a demonstrated history of managing deliverables such as VOWD, MLO/Forecasts, change control, and comprehensive cost reports in challenging environments.
• Proven track record in leading cost management efforts on large-scale projects.

Qualifications

• Mandatory: Bachelor’s degree in Engineering or a related field.

Work Environment

This role is based in Abu Dhabi, offering a dynamic and collaborative work environment that requires adaptability to evolving project demands.