22 ago
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Kintec Global Recruitment
|
Milano
22 ago
Kintec Global Recruitment
Milano
ppLocated approximately 20 km to the east of the Gulf line and about 12 km southwest of the existing Safaniyah GOSP-1 facility, the objective of this Budget Item is to provide water supply from three sources: the existing Safaniyah GOSP-1, the new Zuluf AH Central Processing Facility (CPF), and Jaladi aquifer water for treatment and injection. The facility will process 1,400MBCD of water for injection to cover the production forecast up to 2035 and ultimately maintain the existing Safaniyah Field's Maximum Sustainable Capability (MSC). The scope will also expand water facilities in Safaniyah GOSP-1 to accommodate surplus produced water exceeding the overall existing formation water system capacity up to 2035. /p pHybrid role with a primary focus on Cost Engineering /p h3Job Description /h3 pThe position is split between estimating and cost engineering. Estimator is more of an engineering discipline, gained through practical project execution experience. Estimators use this expertise to review engineering drawings and breakdown the Scope of Work (SOW) into tasks. These tasks are then quantified and priced using client schedules, WUR rates, TUR, or established benchmark prices from the market to generate comprehensive cost estimates for additional Scopes of Work or change orders. /p ul libCAPEX Planning: /b Prepare comprehensive capital expenditure (CAPEX) plans and operational expenditure forecasts. /li libBudget Tracking Variance Analysis: /b Track actual project costs against approved budgets to monitor variances. /li libCash Flow Management: /b Monitor and optimize monthly and annual cash flows for the division. /li libChange Order Management: /b Evaluate and support change order requests, ensuring timely approval and accurate cost adjustments.
/li libContractor Payment Administration: /b Collaborate with the contracting team to process and verify retention releases and advance payment requests from contractors. /li libInvoice Processing Compliance: /b Review and process contractor invoices and payment certificates, ensuring strict adherence to contract terms and supporting documentation requirements. /li libFinancial Record Keeping: /b Develop and maintain a comprehensive invoice log. /li libAccruals Reconciliation: /b Calculate monthly project accruals and reconcile them against actual invoices for accurate reporting. /li /ul h3Key Responsibilities and Duties /h3 ul liCommunicate assigned project issues/concerns directly to Project Manager, (Sr. Cost Engineer), and Business Administrator. /li liDevelop and maintain cost reports, cash flow and contingency analyses for individual projects. /li liAdminister Change Orders and Bid box as required by procedure. /li liEstimate costs of positive/negative scope changes and assess impact on total project cost; work with estimators for assistance if needed. /li liEnsure accurate reflection of committed/spent funds, Change Alerts, Project deviation notices, field change orders, and project execution changes in all cost documents relating to the construction phase. /li liAssist with managing existing and amended AEL values.
/li liLiaise with Human Resource Department to monitor office space billable to the project, ensuring the project is not billed for unused space. /li liDerive accurate and realistic forecast of all funds required to complete the project within the defined budget and schedule, incorporating trending and analysis, and consult with Project Manager prior to publishing. /li liEnsure accurate representation of cost data in weekly, monthly, and ad hoc reporting. /li liAlert Coordinating Cost Management Office, Business Management Office, and project team to critical Cost Management issues. /li liProvide assistance for additional cost management related studies and scenarios if required. /li liPrepare and update monthly project updates (MPU). /li liReview Contractor Progress Payment Certificates for Engineering, Procurement, and Construction. /li liProcess Service Entry Sheets through SAP once invoice is approved. /li liPO creation and WBS corrections through SAP. /li liMonitor, analyze, and verify project Controllable Costs monthly through Operating Statement Dashboard. /li liChange Management (follow the process from COR to settlement). /li /ul h3Requirements /h3 h3Educational Technical Requirements: /h3 ul liEssential experience: Understanding of Aramco procedure to complete tasks successfully, working with PMOD and department as hybrid in both roles. /li liSpecific systems experience: Aramco SAP system, Capital Dashboard, EPM, e-market place, Power BI /li li5-10 years' experience in the Cost Management field; minimum 3 years on Saudi Aramco Projects /li liCapacity for analysis and skills for desktop application /li liGood knowledge of English, both written and verbal /li liMega Capital Projects experience preferred /li /ul /p #J-18808-Ljbffr
📌 Estimator (Milano)
🏢 Kintec Global Recruitment
📍 Milano