Cost Engineer

Description

INTECH Process Automation is seeking a skilled Cost Engineer to join our Operations & Maintenance (O&M) team. The selected candidate will establish, monitor, control, and forecast the project and maintenance costs. Prepares cost estimates and rate build-ups, monitors budgets, commitments, actuals and accruals, develops ETC/EAC forecasts, analyzes cost variances, and evaluates the financial impact of variations and change orders. Coordinates with Project Management, Planning, Procurement, Engineering, Finance, and execution teams to provide accurate cost and commercial reporting and maintain effective cost control.

Key Responsibilities:

• Prepare and review cost estimates, budgets, rate build-ups, and cost baselines for maintenance, projects, shutdowns, turnarounds, and additional work.
• Monitor actual, committed, accrued, and forecast costs against approved budgets and identify variances, overruns, and commercial risks.
• Prepare ETC/EAC forecasts and assess the financial impact of changes in scope, productivity, resources, schedule, and procurement.
• Evaluate and manage variations, change orders, additional works, and omissions, including pricing, rate build-ups, and supporting commercial documentation.
• Review and verify contractor, subcontractor, vendor, and service invoices against approved scope, quantities, rates, purchase orders, work orders, and contractual terms.
• Monitor procurement commitments, purchase orders, subcontract costs, and commercial exposure in coordination with Procurement/Buyers.
• Coordinate with the Planner/Scheduler to align cost forecasts with physical progress, schedule performance, and remaining work.
• Maintain accurate cost databases, registers, forecasts, and cost-control records.
• Analyze planned versus actual cost performance and identify the financial impact of delays, productivity losses, resource inefficiencies, and scope changes.
• Prepare and maintain weekly/monthly cost reports, dashboards, variance analysis, commitment and accrual reports, cash-flow forecasts, and management commercial reports.
• Support management with accurate cost, forecasting, commercial, and financial performance information.

Requirements

To Be Successful in This Role, You Must Have:

• Relevant Engineering Degree or equivalent.
• Minimum 7 years of oil & gas experience, including 3 years in Cost Engineering or an equivalent cost-control/project-controls function.
• Experience in maintenance, brownfield projects, shutdowns, turnarounds, or industrial facilities preferred.
• Strong experience in cost estimating, rate build-up, budgeting, cost control, and variance analysis.
• Experience with actual, committed, accrued, ETC and EAC cost management.
• Competent in change-order/variation evaluation and invoice verification.
• Knowledge of procurement commitments, subcontractor costs, cash-flow forecasting, and commercial reporting.
• Experience with ERP/SAP and project-controls systems.
• Advanced Microsoft Excel and cost-analysis skills.
• Strong analytical, numerical, commercial, reporting, and communication skills.

We Offer Competitive Benefits:

• Global Exposure: Opportunities to work on international projects and collaborate with global teams.
• Competitive Compensation: A salary package that recognizes your expertise and contributions.
• Health & Wellness: Comprehensive medical insurance for you and your dependents.
• Learning Opportunities: Access to training programs, workshops, and certifications to enhance your skills.
• Inclusive Environment: A workplace that celebrates diversity and fosters collaboration.

Why Join INTECH Automation Intelligence?

At INTECH, you will have the opportunity to work with a globally renowned industrial automation and digitalization technology company. For nearly 30 years, INTECH has partnered with major oil and gas global giants to deliver innovative solutions. As we continue to lead in the Industry 4.0 era, you will be at the forefront of transformative technologies that solve real-world challenges.

What to Expect After Applying?

Explore how INTECH ensures a seamless hiring journey. From embracing talent with a passion for innovation to fostering a culture of continuous learning and growth, we’re dedicated to finding and supporting the best minds in the industry.

Click Here to learn more about our hiring process and discover your path to success with us.

Our hiring process is designed to assess your skills and potential in a fair and inclusive manner. After applying, you will be guided through a structured evaluation process to ensure mutual alignment.

INTECH Automation Intelligence is proud to be an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.