Cost Engineer

1 month ago

United Arab Emirates RTC Full time
Position Title: Cost Engineer

Employment Type: Full Time

Salary: up to 33K AED all inclusive depending on experience and qualifications

Job Location: UAE

About the Client:

A leading oil and gas company in UAE

: Accountable for preparation of AFE's as required, within agreed budgets (budgets preparation too). Liaise with all stakeholders to ensure accurate AFE's for each project. Track actual costs and reconcile with AFE's and budgets related to all E&P activities including drilling and facilities, special projects, Daily drilling cost tracking. Create and maintain a detailed cost tracking model to monitor commitments to AFEs, and commitments to actuals. Responsible to provide month end deliverables (accruals, variance analysis and budget reforecasts) on a project-by-project basis Ensure that all cost information is properly communicated and records are maintained within the company which may be audited from time to time by stakeholders. Ensure E&P department is prepared properly for any upcoming internal & external audits. Liaise with contractors as required to ensure accurate and updated invoices.