Cost Estimation Specialist

2 days ago

Ras Laffan Industrial City, Qatar Qatargas Operating Full time

**Job Posting Date**:29 Aug 2024

**Work Location**: Ras Laffan, QA

**Company**:QatarEnergy LNG

**Job Purpose**:

- Provide specialist cost engineering support and analysis to the Maintenance and Operations departments to ensure uninterrupted operation of the plant and smooth execution of projects.

**Key Job Accountabilities - I**:

- Perform Work Program & Budget (WP&B) exercises to maintain valid cost centres and activities lists to ensure accurate long-term predictive analysis and forecasting.
- Coordinate the annual forecasts/budgets and provide details based on work plans, scheduling, and cost estimation analysis to the Finance Department during each budget cycle to assist with annual forecasting and budgeting.
- Develop and coordinate best practice cost estimation models for shutdowns and turnarounds and oversee cost estimation activities to enhance cost optimization and efficiency.
- Facilitate submission of data for the yearly Onshore Operations and Maintenance benchmarking exercise.
- Provide high-quality cost and contracting services by maintaining communication with all customers at the management level.

**Key Job Accountabilities - II**:

- Provide support to the Operations and Maintenance Technical & Disciplines team to develop long-term contracts estimates and Asset allocations.
- Assist and monitor the management of change process to identify the cost impact of proposed changes and ensure incorporation into financial and budgetary forecasts.
- Develop lessons learned initiatives with other shareholders and organisations. Track and follow up on the status of action plan implementation.
- Assist in ensuring procedures are correct and support consistent cost analysis and reporting that adheres to Company standards.

**Qualifications**:

- Bachelor’s degree in Engineering, Science, Accounting or Management.

**Knowledge and/or Experience - I**:

- 8 years’ experience in a cost and contracts management environment within the oil and gas industry.

**Technical and Business Skills - I**:

- Proficient in written and spoken English.
- Good knowledge of SAP (cross module MM, PM, FI, CO).
- Proficient in the use of MS Office Suite
- Strong analytical and reasoning skills.
- Knowledge of contract law, industry practice, and Total Cost Management concepts and terminologies.

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