Find The RightJob.

Senior Cost Estimation Engineer

Position: Senior Cost Estimation Engineer
Project: PMC

Penspen is a leading energy services company, providing engineering, project management, asset management and integrity services to the energy industry worldwide for over 65+ years. Originally founded in the UK in 1954 as Spencer & Partners, the company has now grown to include almost 1,000 members of staff, with major offices in London, Mexico, Colombia Houston and Abu Dhabi. (https://www.penspen.com)

We are seeking an experienced PMC Cost Estimation Engineer with a strong background in mega Oil & Gas EPC projects to manage cost estimation, cost control, and invoicing activities. The ideal candidate will have hands-on experience with SAP systems and a strong understanding of ADNOC PMC/client processes.

Responsibilities

Prepare and review cost estimates for EPC projects, ensuring accuracy and compliance with company and client standards.
Monitor project cost control, track budgets, and provide variance analysis to project management.
Manage invoicing and payment processes, ensuring timely and accurate submissions.
Maintain and update project financial records and cost reports using SAP or equivalent tools.
Coordinate with project teams, contractors, and vendors to ensure cost data integrity and adherence to project financial targets.
Support project management in budget forecasting, cash flow tracking, and financial reporting.
Provide input to tendering and procurement processes from a cost perspective.
Ensure compliance with ADNOC PMC/client cost procedures and reporting requirements.

Qualifications & Experience