Cost Engineer

Wood is recruiting for a Cost Engineer to join its UAE Business Unit focusing on managing all current and future / potential cost developments for a Major Onshore Brownfield Project in Dubai, UAE.This role is a full-time office-based role in Dubai, UAE with travel requirement. The role This is an exciting opportunity for an experienced Cost Engineer to join our UAE Business Unit. Our Clients and Projects Designing the future. Transforming the world. Wood has been awarded an Onshore Brownfield project to support an International Client operation for delivering FEED, Detailed Design, Procurement, Construction, and Commissioning Services. This project focuses on enhancing degassing stations, optimizing flare systems, and integrating low‑carbon solutions to support our client’s energy transition and emissions reduction goals. What we can offerMeaningful and interesting projects Delivered to high profile clients and complex projects in Iraq Commitment to Diversity and Inclusion; we are an organisation actively committed to diversity and inclusion across our business with employee networks committed to giving all employees a voice Competitive salary with regular salary reviews to ensure we are rewarding at the right level in line with the market Commitment to continued professional development; development plans that are tailored to your individual needs and interests Global connections: join experts around the world who are at the leading edge of our industry, shaping the standards of our profession Medical Insurance: Ensures inpatient and outpatient medical care is available should you require treatment. Group Life and Personal Accident Insurance: The company provides Life Assurance cover The Employee Share Plan: Gives you the opportunity to purchase Wood shares and receive a match from the company Long Service Award: Wood values the commitment and loyalty of our people. Celebrating Long Service provides an opportunity for the business to demonstrate their appreciation of the hard work, dedication and many years’ services of our employees at 5-year service milestonesKey Objectives The Cost Engineer shall manage all current and future / potential cost developments in support of up-to-date cost forecasts, including cost risk analysis, contingency management and reporting to facilitate informed decision making within a project/s and/ or Engineering departments. Key activities and accountabilities will include:Establishing Project Baselines and Cost Management Framework for various Portfolio Projects as they are sanctioned. Develop, implement and maintain the project specific WBS (Work Breakdown Structure) and underlying CTR (Cost, Time, Resource) structure, populate with budget information and secure CTR owner sign-offs. Implementing standard CBS (Cost Breakdown Structure) and contractor processes. Contribute to establishing consistent approach to treatment of multi-currency transactions. Contribute to the implementation and maintenance of Cost Control Processes: Commitment planning and recording/reporting, VOWD (Value of Work Done), Cost forecasting/phasing consistent with the company procedures. Prepare Cost Report content and conduct budget holder reviews and publish. Embed the Change/Trend Management process, ensure all aware of their responsibilities and the different classifications of a change/trend, and ensure that appropriate changes/trends are reflected in the regular cost forecast updates. Prepare forecasts and review with budget holders and project management. Provide early warning and value adding through reviews of the various contractor cost reports. Develop/Prepare reports and deliver presentations as required by the project. Manage/facilitate risk process with Project teams ensuring linked to cost contingency management/forecasting. Contribute to maintaining a process/system for capturing critical project data for historical reporting and benchmarkingAdditional Comments/Special Challenges:Monetary Measures: portfolio of concurrent brownfield and greenfield projects at different phases of project lifecycle. Working with offices in several different locationsWhat makes you remarkable? At Wood, we are committed to equal opportunities and welcome all talented individuals to consider joining our team. So even if you don't match every statement below but feel you have some of the experience, knowledge or skills needed for this role, we encourage you to apply. It will take all of us working together to deliver solutions to the world’s most critical challenges. ExpectedEngineering Degree and/or Certification as a Cost Engineer or equivalent experience. Minimum 7 years industry experience in cost engineering, project services and/or project engineering positions. Excellent analytical, oral and written communication skills. Experience with Databases an advantage. Fully versed with Cost Engineering/Risk Tools. Project execution practical experience (e.g. engineering, controls, C&P, construction). Proven interpersonal and relationships skills in complex environments with ability to work of diverse background. Experience in execution in remote/developing locations is an advantage.Additional comments:Able to work across multiple projects largely unsupervised and deliver results within challenging deadlines and under pressureDiversity Statement We are an equal opportunity employer that recognises the value of a diverse workforce. All suitably qualified applicants will receive consideration for employment on the basis of objective criteria and without regard to the following (which is a non-exhaustive list): race, colour, age, religion, gender, national origin, disability, sexual orientation, gender identity, protected veteran status, or other characteristics in accordance with the relevant governing laws. #J-18808-Ljbffr