Cost Estimation Engineer Oil Support Services

Posted 30+ days ago

Experience

7 - 13 Years

Monthly Salary

$4,500 - $5,000

Job Location

Khafji - Saudi Arabia

Education

Bachelor of Technology/Engineering

Nationality

Saudi Arabian, Kuwaiti, Indian, Egyptian

Gender

Male

Vacancy

1 Vacancy

Job Description

Roles & Responsibilities

  • Apply approved section policies, processes, and procedures and monitor adherence to ensure controlled work execution
  • Manage day-to-day operations for the Project Design and Construction Department ensuring compliance with standards and procedures
  • Monitor project cost by reviewing actual spending versus budgeted amount to determine variances
  • Conduct cost-benefit analysis and cash flow analysis as requested by Management
  • Prepare accounting accruals related to projects to ensure accurate reflection of project value in books
  • Provide inputs for preparation of project capital expenditure budgets by analyzing specific elements as directed
  • Prepare individual budgets for each phase of large projects based on overall project budgets to allow better cost control
  • Prepare section reports accurately and timely to meet company and section requirements, policies, and standards
  • Comply with all relevant safety, health, and environmental procedures to ensure a healthy and safe work environment
  • Undertake additional reasonable duties as part of the function of the post

Desired Candidate Profile

Minimum 7 years of experience in Oil and Gas Industry

Employment Type

    Full Time

Company Industry

Department / Functional Area

Keywords

  • Cost Analysis
  • Costbenefit Analysis
  • Cash Flow Analysis
  • Project Budgeting
  • Accounting Accruals
  • Capital Expenditure Budget
  • Cost Monitoring
  • Project Design And Construction
  • Oil And Gas Industry
  • English Language KJO L4 Intermediate

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Oil Support Services

Oil Support Services is based in Saudi Arabia.

Ikramul Haq - NA

P.O.Box Nos. 4221,Other - 31941, Saudi Arabia United Arab Emirates, 133046,, Dammam/Khobar/Eastern Province, Saudi Arabia

https://www.oilserve.com.sa

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