Overview:

We are seeking a Cost Engineer to join Riyadh Refinery Department (RRD) in the project unit of our engineering division.

RRD engineering project unit is responsible for the planning and execution of all projects across our Riyadh Refinery facility ensuring quality whilst enhancing the efficiency of capital projects through effective planning and execution.

Your primary role will be to provide overall technical support in all cost related matters, acting as a subject matter expert, and coordinate cost engineering activities as a leader or as a member of a project management team when required.

Minimum Requirements:

• You must hold a Bachelor degree in Engineering, preferably in Mechanical/Industrial Engineering or Construction Management, Economics, Business Administration, or a closely related discipline.
• You should have a minimum of 12 years cost engineering experience in projects including a minimum of 10 years in design, construction or operation of refining or petrochemical facilities.
• You must be able to demonstrate an overall knowledge of computer-estimating programs, such as Aspentech CCE (Capital Cost Estimator), Timberline etc. and shall be familiar with estimate databases such as Means, Richardson and SAP.
• Project Management Professional (PMP), AACE-CCP (American Association of Cost Engineers - Certified Cost Professional) or AACE-CEP (American Association of Cost Engineers - Certified Estimating Professional) certification is preferred.

Duties & Responsibilities:

• Provide all cost engineering expertise and coordinate activities as group/unit leader as required.
• Responsible for the preparation, review, monitoring, analysis, and reporting of all projects associated capital expenditures and spending.
• Review and analyze claims and change orders and assist in preparation of cost portion of engineering procurement and construction contracts.
• Assist with the preparation of cost portion of the engineering, procurement and construction contracts.
• Review multi-discipline conceptual, detailed and definitive cost estimates for the company's capital projects to ensure accuracy, completeness and compliance with the scope of work.
• Review and/or verify Material Take-off (MTO's) against engineering documents or packages for estimates prepared by engineering contractors.
• Assist project management team in the negotiation of project contract as required.
• Initiate appropriate action when total forecast indicates allocated funds will be exceeded.
• Interface with multiple operating facilities to review and discuss project scope and estimate basis, including visits to area of construction.
• Demonstrate experience in the use of cost and estimating tools and the application of market conditions and risk management to estimates.
• Advise of company cost engineering methods & procedures and prepare developmental assignments for lower level cost engineers.
• Keep abreast of significant developments in cost engineering by close review of technical literature, publications, magazines, and attendance of professional and technical meetings.

Benefits:

• Compelling remuneration package.
• Permanent Employment on an Indefinite Term Employment Agreement.
• The company's Incentive Plan: This is a broad-based annual and performance based incentive plan based on company and individual performance, base salary, and length of service during the plan year. The objective of this plan is to drive organizational performance, as well as, recognize and reward your contributions beyond the normal annual merit increases.
• Annual repatriation travel allowance: An annual cash payment that more than covers airfare costs to your home country. You have full flexibility to use this payment in any way you choose.
• Annual vacation: You can look forward to up to 38 calendar days of paid leave each year. In addition, you'll typically be granted between 9 and 11 days of national public holidays each year.
• Severance award: In accordance with the Saudi labor law, a severance award is payable by the company to employees who leave after two years or more of satisfactory service. The severance award is based on length of continuous service and final base pay. The severance award can be a substantial benefit for longer service employees.
• Education Assistance Plan: If you are hired on family status, you may be eligible to benefit from the company's excellent education assistance plan for dependent children. This may include the option for them to attend the company's high quality private schools or to attend international schools in the local community.
• Quality housing in company communities or a rental assistance allowance: We have four communities in the Eastern Province where we provide quality accommodation in pleasant surroundings. Alternatively, employees may obtain housing in the local communities outside of the company's communities, for which we provide a rental assistance allowance.
• Free medical care: We provide medical care via our subsidiary medical network or contracted hospitals and clinics. These facilities are among the finest in the Middle East.
• Free access to recreational facilities: You will have access to our extensive range of recreational facilities that include: private beaches, tennis courts, exercise gyms, swimming pools, golf courses, tennis and squash courts, and much more.
• Free scheduled transportation: Air-conditioned buses are provided free of charge for transportation within camp areas, to work locations, local shopping areas outside camp, the beach and our other communities.
• Voluntary Group Life and Accident Insurance: you may enroll in a voluntary program providing term life insurance and accidental death and dismemberment (AD&D) coverage equal to 12, 18, 24 or 30 times your monthly base salary. Favorable group rates keep the premium low.
• Short-term Disability: In the event you are unable to work due to illness or injury, short-term disability income benefits are provided. The benefit is 30 days full pay and 60 days at three-quarters pay, in any one year period.
• Death Benefit: The company pays an ex-gratia death benefit equal to 24 months base pay if death is from an industrial accident and 12 months base pay if death is non-industrial related.
• Career development: We recognize and value professional growth and achievement, so you'll have many opportunities to develop your career and expertise.

BH4943

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