Cost Control Engineer for Serikandi Oilfield Services in Brunei Darussalam

Serikandi Oilfield Services Sdn Bhd was formed in 2006 where we ventured as an integrated service provider to the Energy industry in Brunei. Our main core business are Technical Services and also Engineering Design Services. Our commitment to excellence and unwavering dedication to delivering top-tier services have solidified our position as a trusted partner in the region's oilfield sector

Scope

A cost control engineer is responsible for monitoring and managing of project Cost for different small / medium scale projects within an organization. They analyze costs, identify potential overruns, and implement strategies to control expenses, contributing to effective financial management.

Responsibilities

• Collaborate with project teams to control expenses effectively, fostering proactive cost management Implement and refine cost control strategies.
• Review project budgets to ensure alignment with financial objectives and constraints.
• Ensure compliance with financial policies, procedures, and regulations.
• Investigating unprofitable variances and losses.
• Developing cost-efficient solutions to implement changes.
• Conduct thorough variance analysis to identify discrepancies between planned and actual costs, providing actionable insights to enable corrective actions.
• Support in the improvement of existing and development of new cost reporting, including fully integrated cost dashboards.
• Collaborate closely with the project schedule team to ensure seamless integration between project schedules and costs, enhancing overall project performance.
• Apply your comprehensive cost control experience to monitor, analyze, and manage project and contract budgets, ensuring adherence to financial parameters and timely identification of deviations.

Requirements

• Bachelors degree in engineering (preferably Mechanical) and minimum 6-10 years of experience within a Project Cost Management team or as Cost Control Engineer.
• Proven track record of relevant cost control experience, preferably within Medium-scale projects (U$ 20 million to U$ 200 million).
• Strong proficiency in cost management tools, software, and techniques.
• Exceptional analytical skills with the ability to conduct in-depth variance analysis.
• Demonstrated expertise in integrating schedules and costs for comprehensive project oversight
• Excellent communication and interpersonal skills, with the ability to interact effectively with both internal teams and external stakeholders.
• Leadership experience with the ability to lead, motivate, and mentor a team.
• Strong problem-solving capabilities and the aptitude to provide strategic recommendations based on data-driven insights.
• Proficiency in data visualization and reporting tools.

Email: jobs@serikandi.com