Cost Engineer

Posted 5 months ago by MSELECT
Location Erbil, Iraq Job Type
Sector Oil & Gas

MSELECT is looking to hire a Cost Engineer for an oil and gas service client in Erbil. Candidates must have at least 8 years of relevant experience in Cost Engineering, Estimation Engineering or Proposal Engineering within the Oil and Gas and Petrochemical industries. English fluency is a must.

Role Responsibilities

  • Review of Invitation to Tender (ITT) documents and preparation of Estimation for multi discipline (Mechanical, Civil & E&I) EPC tenders for bid proposal
  • Discuss with Operation team to finalize the bidding strategy and execution plan for each bid proposal and analyze benchmark their inputs before incorporating into the Bid Estimation
  • Review the Quotations received from suppliers and sub-contractors with the support of technical team before considering in Estimation
  • Preparation and presentation of Bid Estimation to Management for their review and approval
  • Conduct surveys and prepare the monthly invoices based on the site Progress and submitting to the client as per the requirement and follow-up with client till the final approval
  • Create Project budget for the awarded projects and control the budget from the project award stage to final completion stage
  • Preparing the lessons learned from all ongoing projects and ensure that all the captured items are incorporated in future Bid Estimations
  • Preparing monthly project Costing reports which includes Profitability Statement, Actual Cost, committed cost and cost forecast (Budget at Completion) for all ongoing projects
  • Reviewing and analyzing monthly cost reports and advising Project Manager and site team for any forecast over runs to take corrective actions on time

Requirements and Qualifications

  • BSc in Mechanical Engineering
  • Minimum 8 years of experience in the oil and gas or petrochemical industry as a Cost Engineer, Estimation Engineer and Proposal Engineer
  • Candidate should be experienced in handling the multi discipline EPC bid proposal of 1M - 100M USD and specifically in On-Shore Oil and Gas Projects with a proven track record
  • Candidate should primarily be experienced in Estimation of Piping, Pipeline and Mechanical Equipment and supporting Civil Works

*Only applicants meeting the strict criteria outlined above will be contacted as part of the shortlisting process

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