Senior Cost Engineer

2 weeks ago

Kuala Lumpur, Kuala Lumpur, Malaysia SBM Offshore Full time 120,000 - 240,000 per year

Senior Cost Engineer

Req Id: 20328

Job Family: Cost Engineering

Location:Kuala Lumpur, MY, 50470

Description:

Purpose

  • The purpose of a Senior Cost Engineer is to review and validate project cost estimation, budgeting, and financial planning processes. This role involves collaborating and challenging project teams to provide costeffective estimates in accordance with schedule and execution plan.

Responsibilities

  • The Senior Cost Engineer is responsible for the verification, consolidation of accurate estimates, effective management, and reliable control of project costs throughout the project lifecycle. This role involves developing and controlling cost estimates, analyzing cost variances, and ensuring that projects are completed within approved budgets. The Cost Engineer collaborates with project managers, engineers, finance teams, and other stakeholders to provide financial insights and support effective decisionmaking.

Education

  • Bachelor's degree in Engineering, Construction Management, Finance, or a related field. A professional certification (e.g., AACE, PMP, CCE) is a plus.

Experience

  • Minimum of 5-10 years of experience in cost engineering, project cost control, or a similar role. Experience in construction, engineering, oil & gas preferred.

Functional Competencies

Invoice management

Analytics and reporting

Cost Control and performance management execution

Cash Management

SBM Product Knowledge

Risk and Internal control

Budgeting and forecasting

Project budget set-up

Project Cost Management

Contractual and commercial

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