Cost Estimator and Controller Brunel India Pvt Ltd
Multiple VacanciesEmployer Active
Posted 2 hrs ago
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Experience
10 - 12 Years
Job Location
Other - Kuwait
Education
Bachelor of Technology/Engineering(Mechanical), Bachelor of Business Administration
Nationality
Indian, Any Nationality
Gender
Any
Vacancy
5 Vacancies
Job Description
Roles & Responsibilities
To monitor and control capital expenses and forecast of funds related to major shutdowns/turnarounds and non-engineering projects, to support the decision-making process of the project committee and management team in order to complete the shutdowns/projects within the defined budget and schedule.
Desired Candidate Profile
Key Accountabilities
1. Cost Control Plan
Develop, integrate and implement cost management plans as part of the overall project plans, in terms of project estimates, man-hour estimates, and project schedules into cost-management baselines for efficient and effective control of the projects under consideration.
2. Compliance
•Monitor and validate accuracy of committed/spent funds, project deviation notices, field change orders, and project execution changes to maintain cost–related records incompliance with operational procedures and regulations.
•Monitor and report deviations between forecasted budgets and actual expenditure through applying cost management practices to ascertain critical cost issues and recommending corrective actions.
3. Benchmarking
•Regularly benchmark the critical cost related items within the shutdown/project plan, to ensure that the shutdown/projects are competitively and efficiently run.
•Provide consultation on accounting/procurement related strategies, as and when required, to the shutdown/project team, to support cost management initiatives, along with flagging any potential project cost over-runs.
4. Claims Management
•Review, assess, analyze, and report claims of the contractors and internal service providers during to align with the contract’s financial terms and conditions for optimum utilization and control of projects budgets.
•Develop the Work Breakdown Structure (WBS) in SAP for non-engineering projects to allow an accurate and correct settlement of cost elements for the desired cost center.
5. Management Reporting
•Prepare periodic reports of the shutdown/project cost estimation / cost control status in terms of commitment, actual spending and forecasts against the approved budgets.
•Maintain necessary cost records for the shutdown/project committee, by coordinating with the team and finance department, and prepare the final reports to ensure that the data is accurately presented.
6. Continuous improvement
Contribute to the identification of opportunities for continuous improvement of shutdown/project cost control systems, processes and practices taking into account ‘international best practice’, improvement of business processes, cost reduction and productivity improvement.
7. EH&S Focus
Comply with all relevant health, safety, security and environmental management policies, procedures and controls to guarantee employee safety, legislative compliance and a responsible environmental attitude.
Experience:
•Strong experience with SAP
•Strong experience in projects and maintenance shutdowns
Employment Type
- Full Time
Company Industry
- Oil & Gas
- Petroleum
Department / Functional Area
- Engineering
Keywords
- Cost Estimation
- Estimation
- Oil Refinery
- Petrochemicals
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Brunel India Pvt Ltd
Brunel India is an arm of Brunel Energy (www.brunelenergy.net ) (a division of Brunel International NV Netherlands) provides Specialists, Engineers and other Professionals for Offshore and Onshore Engineering, Construction, Operations and other Logistic Support Activities. Our clients are predominantly major Operating Companies, International Engineering and Construction Companies.
Read MoreShariff - Operations Head
GROUND FLOOR, UNIT NO 04 05, C B SQUARE SANGAM C OMPLEX C T S NO 95A 127, ANDHERI KURLA ROAD, Vill a ge Chakala, Andheri (East),, Mumbai, India