NES GLOBAL PTE. LTD.
Project Cost Estimation and Controls Engineer - Bukom
NES GLOBAL PTE. LTD., West Islip, New York, United States
Your role
Our major Oil & Gas Downstream Client is urgently looking for Project Cost Estimation and Controls Engineer who will develop and maintain accurate and detailed cost estimates (CAPEX and OPEX) for major projects and portfolio projects at all project stages — from feasibility, concept, and FEED through to execution and close-out. You will work with project teams, discipline engineers, procurement, and contractors to collect data, validate assumptions, and integrate technical and commercial inputs into estimates.
Build and maintain cost models, databases, benchmarks, and norms specific to major and portfolio projects to enhance estimation accuracy and competitiveness
Develop and manage project budgets, ensuring alignment with approved funding, project scope, and execution plans
Develop Estimate Plan detailing how the estimate will be developed
Develop Estimate Basis to document how estimate was derived
Establish and implement effective cost control systems to track actual costs, commitments, and forecasts against the approved budgets
Provide regular cost reporting to stakeholders, highlighting variances, trends, and forecasts with clear explanations and proposed corrective actions if required
Support portfolio prioritization and decision-making by analyzing cost implications across multiple projects and proposing cost optimization strategies
Evaluate contractor and vendor proposals for cost compliance, competitiveness, and alignment with project estimates
Support risk management by identifying cost-related risks and opportunities and incorporating them into estimates, budgets, and forecasts
Collaborate with planning/scheduling, procurement, engineering, and construction teams to ensure integrated project controls across major and portfolio projects
Prepare cash flow forecasts to support financial planning and funding approvals
Ensure that all cost estimation and control activities adhere to company policies, procedures, and industry standards
Contribute to lessons learned, continuous improvement, and the development of best practices in cost engineering for future major and portfolio projects
Support development of probabilistic cost analysis
You are what we are looking for if you:
Have Engineering Degree or equivalent experience with minimum 8 years industry experience
Have experience in Front-End Engineering and Execution
Have experience in oil and gas, preferably downsteam, refinery, chemical plant industry
Possess understanding of Cost Estimating and cost control principles
Have knowledge in the use of the cost estimating tools
Have excellent analytical, oral and written communication skills
Have good working knowledge of Cost Estimating and control principles, techniques and industry cost estimating / controls tools
Have practical understanding of all phases of the project delivery process
Have good networking and influencing skills
Have Turnaround estimate and review experience preferably
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