Cost Engineer

7 days ago

Abu Dhabi, Abu Dhabi, United Arab Emirates DUNCAN AND ROSS MANAGEMENT CONSULTANCIES Full time 120,000 - 180,000 per year
  • Develop, review, and update project cost estimates and cost control procedures during FEED and Detailed Design stages.
  • Prepare and maintain cost reports, cash flow forecasts, and expenditure tracking in line with project schedules.
  • Monitor project budgets, commitments, and expenditures to ensure alignment with approved financial targets.
  • Support development of Class 3 & Class 2 estimates, cost breakdown structures (CBS), and cost coding in accordance with ADNOC requirements.
  • Conduct variance analysis between planned and actual costs and recommend corrective actions.
  • Interface closely with planning, procurement, engineering, and project management teams to ensure cost data accuracy and integrity.
  • Evaluate and report on change orders, trends, and potential cost impacts on the overall project budget.
  • Assist in preparation of project progress reports, management presentations, and financial summaries.
  • Ensure compliance with ADNOC Cost Control and Estimation Procedures, standards, and corporate governance requirements.
  • Provide cost-related input during project reviews, risk assessments, and forecasting sessions.
Desired Candidate Profile
  • Bachelors Degree in Engineering, Quantity Surveying, or Project Management.
  • 5-10 years of relevant experience in cost engineering and project controls within the oil & gas industry.
  • Mandatory ADNOC project experience (minimum one completed FEED or Detailed Design project for ADNOC Onshore / ADNOC Gas).
  • Proven experience in Engineering Phase activities FEED, Detailed Engineering, and Detail Design.
  • Proficiency in cost estimation and control software (e.g., Excel Advanced, SAP, EcoSys, Primavera Cost Manager, or equivalent).
  • Strong analytical and financial reporting skills.
  • Knowledge of ADNOC standards, estimation guidelines, and cost breakdown structures.
  • Excellent communication and coordination skills with multi-disciplinary engineering teams.
  • Immediate availability to join in Abu Dhabi.
  • Experience in EPC / Engineering Consultancy environments on ADNOC projects.
  • Familiarity with project scheduling tools (Primavera P6) for cost-schedule integration.
  • Understanding of procurement, contracting, and tendering processes in engineering projects.
  • Exposure to risk-based cost estimation and cost trending methodologies.
  • Strong proficiency in Excel-based cost models and project reporting templates.

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