Cost Engineer

Title:

Job Title: Cost Engineer
Company: KBR-Iraq
Project: IFMS
Location: Basra, Iraq
Rotation: /28

Required: Expats

About Company

"Belong, Connect, Grow, with KBR

The KBR team delivers future-forward science, technology and engineering solutions and mission-critical services that help governments and companies around the world accomplish their most important objectives, while also helping achieve their sustainability goals.

KBR Sustainable Technology Solutions provides holistic and value-added solutions across the entire asset life cycle. These include world-class licensed process technologies, differentiated advisory services, deep technical domain expertise, energy transition solutions, high-end design and engineering capabilities, and smart solutions to optimize planned and operating assets."

Roles and Responsibilities:

The Cost Engineer will report to the Project Control Manager.

Specific responsibilities include:

•    Full understanding of the commercial aspect of the project contract and the application to the cost management

•    Understand contract specific cost procedures and carry out all work in accordance with these,

•    Study and understand all relevant project documents relating to the cost management of allocated project(s)

•    Work with all relevant projects and discipline personnel to ensure that cost control procedures are followed,

•    Set Up project/projects within Cost System to agreed format,

•    Establishing project control budgets based on the client approved Project Control Estimate,

•    Reviewing cost commitment and expenditure information (for all cost elements), for input to the computerized cost control and reporting system on a weekly basis and ensuring that all information received is accurate and correctly input,

•    Producing regular cost reports and advising management of any forecast cost overruns as soon as possible to allow corrective actions to be taken in a timely manner. Highlighting areas of concern and suggesting areas of improvement,

•    Maintaining comprehensive accessible registers of financial approvals, variations and change orders,

•    Review project man-hours and the allocation of man-hours in conjunction with Planning on a regular basis

•    Liaising with the Project Management, Finance, Contracts and Procurement departments with regards to establishing monthly evaluation of work done, goods received and services rendered for invoice preparation and verification

•    Ensure that all cost related work is in compliance with the contract,

•    Maintain rates within Computerized Cost System, ensuring they are up to date and all rate uplifts are implemented. Advise Project Management of additional costs involved and assist in obtaining additional approval from client,

•    Check that all estimates meet contract requirements and all relevant cost information is fed back to the estimates,

•    When Project specific Cost Procedures are in place ensure they have been implemented in full,

•    Maintain a good working knowledge of relevant corporate cost software,

•    Ensure that adequate control of commitment is in place,

•    Supervise and encourage junior and assistant personnel, including checking their work,

•    Participate in schedule risk analysis as required,

•    Ensure that the Corporate and Project Specific Change Control procedures are being adhered to

Education, Skills & Experience:

Education

•    Bachelor's Degree in an engineering discipline

Experience and Skill set

•    Minimum 8 years experience in Oil and Gas Industry in Cost Engineering roles.

•    Minimum 5 years experience in Oil and Gas related project delivery related projects

•    Minimum 5 years experience in Oil and Gas Project Delivery as a Umbrella Contract Senior Cost Engineer

•    Ability to work and manage in a multi-cultural environment with good understanding of cost estimation parameters to be considered in Middle East.

•    Skill to actively engage with different project disciplines

•    Ability to work and manage in a multi-cultural environment