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MCL requires an experienced Cost Engineer for our Oil and Gas client.
Project name: SOFON - National Maritime Infrastructure
Rate: 80 USD/hour all inclusive hourly gross rate
Per Diem allowance: if candidates' permanent address is more than 150 km from the office location, they will be eligible for a per diem of USD 129 for each calendar day
Hours: 40 hours per week
Locations: London
Status: Candidates can operate as either Ltd company or UK Umbrella PAYE (please specify your preferred option upon application)
**Candidates MUST have UK Right to Work**
Responsibilities
Project name: SOFON - National Maritime Infrastructure
Location: London, United Kingdom
Project phase: Pre-FEED; FEED
Project Scope of Work:
In accordance with government directive, Saudi Aramco is developing the National Maritime Infrastructure Project (Sofon Project) on the Eastern and Western coasts of the Kingdom, including naval and commercial shipyards and a leisure shipyard in KAEC. The project aims to create 140,000 local jobs, promote SMEs, and boost the Kingdom’s economy.
Additional information
* PMC contract end date: end of July 2025
* Preferably with Aramco experience
* Eligible to work in the UK
Job Purpose
The Cost Engineer provides advisory support to the project management team on all cost-related activities, acting as the interface between the Business Team and the rest of the project team.
Key Responsibilities and Duties
* Communicate project issues/concerns to Project Manager and Business Administrator.
* Develop and maintain cost reports, cash flow, and contingency analyses.
* Administer Change Orders and Bid box as per procedures.
* Estimate costs of scope changes and assess their impact on total project cost.
* Ensure accurate reflection of funds and project deviations in cost documents.
* Assist with managing AEL values.
* Coordinate with HR regarding office space billing.
* Forecast funds required to complete the project within budget and schedule.
* Ensure accurate cost data in reports.
* Alert teams to critical cost issues.
* Support additional cost management studies if needed.
* Prepare monthly project updates.
* Review Contractor Progress Payment Certificates.
* Process invoices and manage SAP entries.
* Monitor and verify project costs monthly.
* Follow change management processes.
Educational & Technical Requirements
* 5-10 years in Cost Management.
* Minimum 3 years on Saudi Aramco Projects.
* Solid recent experience in O&G project owner companies if no Aramco experience.
* Analysis skills and proficiency with desktop applications.
* Good English skills, both written and verbal.
* Experience with Mega Capital Projects preferred.
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