Cost Engineer at Hobark International Limited (HIL)

Job Description

• Managing and optimizing the financial performance of projects within the asset.
• Develop detailed cost estimates for projects, including materials, labor, equipment, and other expenses, ensuring accuracy and alignment with project objectives using appropriate tools and systems.
• Work closely with project teams to develop cost-effective strategies and solutions, optimizing resource utilization and minimizing waste.
• Monitor and analyze project budgets, identifying variances and recommending corrective actions to maintain financial control.
• Serve as an advisor to project teams on cost control principles and tools for an informed decision making.

Requirements

• Bachelor's degree in Engineering, Finance, Quantity Surveying or a related field. Advanced degree (Master’s) in a relevant discipline is preferred.
• Possession of professional certification (e.g., AACE, CCP) is an added advantage.
• Possess minimum 7 (seven) years of experience in cost engineering or financial management within the upstream oil and gas industry or an EPC company.
• In-depth knowledge of upstream oil and gas cost management principles, project management methodologies, and best practices.
• Proficiency in the use of cost estimation and financial analysis software such as Oracle, SAP, or equivalent.
• Strong numerical accuracy skills with ability to interpret financial data to provide actionable insights.