Senior Cost Engineer

• Track, analyze, and manage daily, weekly, and monthly project expenditures against approved budgets to ensure overall cost control.
• Develop and maintain realistic Estimate at Completion (EAC) forecasts, cash flow curves, and contingency analyses.
• Review, verify, and audit EPC and local contractor progress payment certificates, monthly invoices, and timesheets to validate actual progress versus billed costs.
• Administer the variations and Change Order Request (COR) process, assessing the cost impact of positive or negative scope changes on the total project cost.
• Generate Work Breakdown Structures (WBS), purchase requisitions, and process Service Entry Sheets (SES) directly inside SAP.
• Prepare comprehensive monthly cost reports, cost variance analyses, and key performance indicators (KPIs) for senior management and project shareholders.
• Partner with Project Managers, Planning Engineers, and Procurement teams to flag budget overruns and identify cost-saving initiatives early.

Knowledge/ Qualification/ Training/ Certification: 

• Bachelor’s Degree in Engineering (Mechanical, Civil, Chemical, or Industrial), Quantity Surveying, Finance, or a related discipline.
• 10 - 12 years of dedicated cost engineering or project controls experience specifically within the oil and gas sector (upstream, midstream, or gas processing).
• Direct experience working on mega-projects or complex infrastructure upgrades within an operator or asset-owner environment is highly preferred (client-side experience vs. purely EPC contractor).
• Prior experience working with major international oil companies (IOCs) or national oil companies (NOCs), including their specific commercial guidelines and project management frameworks.
• Willing and able to work on a rotational schedule in Basra, Iraq. Excellent written and spoken English is mandatory for high-level reporting; conversational Arabic is highly preferred to interface effectively with local contractors.

Communication:

• Excellent interpersonal and analytical attributes
• Able to effectively communicate technical issues to peers and line manager (written and verbal)

Skills (Technical Competencies)

• Mastery of SAP project system modules (WBS creation, PO tracking, and Service Entry Sheets).
• High proficiency in MS Excel (pivot tables, complex formulas, and macro-based data analysis) and cost-estimation databases.
• Familiarity with FIDIC contract management standards, estimation methodologies, and progress measurement systems.
• Practical capability in tracking physical progress against financial burn rates to deliver accurate performance indices (CPI/SPI).

Behavioural Core Competencies

• Strict adherence to audit compliances and financial governance protocols.
• A data-focused, meticulous approach to checking contractor claims and verifying invoice milestones.
• Professional confidence to push back on unjustified contractor claims, undocumented variations, or mathematical discrepancies.
• Ability to articulate complex financial variances, budget risks, and mitigation strategies clearly to non-financial project management teams.

Preferred Certifications (Optional)

• Certified Cost Professional (CCP) or Certified Estimating Professional (CEP) via AACE International.
• Project Management Professional (PMP) or equivalent execution credentials.
• Formal SAP End-User or Super-User certification in Project Systems (PS).

HSSEQ:

The Employee shall observe the Health, Safety, Sustainability, Environment and Quality rules of the Company; it’s clients and the governing authorities of the host country.