Cost Engineer
Location: Kuala Lumpur
Contract: 1-year renewable (contract under Airswift)
Work Schedule: Monday - Friday
Salary / Package: Monthly salary in MYR
The Role:
The Cost Engineer will report to Senior ORA Engineer.
Responsible for controlling the project costs including planning, developing, controlling, and forecasting the project's budget.
- Responsible to control and monitor project total expenditure based on PO and LOA issued, including verifying and checking invoices and claims from suppliers, vendors and subcontractors to ensure that all project expenditures are captured and properly recorded.
- Provide planning and cost controlling support for projects which include variation reporting and monitoring of forecast project cost by consolidating any cancellation, additional or variation of scope for each package listed in WBS.
- Develop the cost estimates for all packages to be procured by Company’s Procurement with applicable qualifications during the execution phase to ensure Company’s budget is protected.
- Prepare monthly cost report to be presented to the project manager and management to ensure that expenditures are kept within the project budget.
- Coordinate and work with the project management team to resolve project issues to ensure the delivery/completion of the project work.
- Attend project meetings and discussions with the PMT and external clients.
- Provide cost control and planning advice to the internal PMT as and when required.
Experience:
- Broad knowledge of concepts, principles and practices in Floater Production Technology, Floater Operation and Maintenance, Floater handling and Floater Terminal Services.
- Fundamental understanding of the concept, principle and practice in the oil and gas rules / regulations and conventions.
- Fundamental understanding of the Marine and Offshore commercial aspects of projects
- At least 5 years of working experience with 3 years in project estimating and cost control.
- Advantage - Fabrication / Yard / Project experience in Oil and Gas.
Qualification:
- Degree in Engineering with specialization in Project Management or Cost Control related training.
Competencies:
- Business and Commercial awareness.
- Finance and Costing.
- Advanced MS Excel skills.
- Knowledge of Earned Value Management (EVM).