Cost Estimator at Lutech Resources

Posted on Wed 20th Feb, 2013 - www.hotnigerianjobs.com --- (0 comments)

Lutech Resources provides recruitment and integrated resource management for leading energy sector companies worldwide. We help clients find the right managers, contractors, engineers, project managers, and other high-level professionals. We recruit top candidates for industries upstream (oil & gas exploration and production, LNG) and downstream (petrochemicals and refineries), and our expertise includes power and automation, utilities, and manufacturing.

Lutech Resources is recruiting to fill the below position of:

Job Title: Cost Estimator
Duration: 6 Months
Reference Code: 2979

Location: Ikoyi, Lagos, Nigeria

Job Description
He/she will have responsibilities for the following:
  • Coordination cost estimating activities and input from various disciplines and units
  • Ensure that rates charged are in line with prevailing rates in the industry
  • Compiles, checks and benchmarks cost estimation data
  • Advise head - project controls and leads of projects in relation to cost estimates
  • Estimate project costs based on bills of materials, projects specifications and other key inputs in determining the most realistic cost estimate
  • Regularly update market price database of materials, manpower and machinery use for cost estimate
  • Analyze profit viability of projects based on identified economic variants, and determine cash flow forecasts and potential problem areas and actions to be taken, if necessary.
  • Carry out any other duty that may be assigned from time to time by the Engineering Manager
  • Collect and update market price data of materials, equipment, and manpower to be used in the cost estimate
  • Analyze project cost estimate of the project based on economic parameters.
  • Perform sensitivity analysis on the estimates and cash flow forecasts to determine cash requirements and potential problem areas and corrective action to be taken
  • Mentor/train Nigerian cost Estimating personnel on the project.
Requirements
  • Experienced Cost Estimating professional in the oil and gas industry -ideally in both upstream and downstream, onshore and offshore
  • Substantial experience in front end work - conceptual and define (FEED) stages
  • Be a competent user of MS Excel
  • Have experience in the development and application of quantitative risk analysis techniques
  • Be familiar with cost and schedule impacts under alternative contract strategies - Lump Sum, Bills of Quantities, Reimbursable, etc.
  • The successful candidate must fulfil a substantial proportion of the following requirements:
  • Proven ability to challenge and influence others in a constructive manner, negotiate with internal peers, vendors and consultants to influence decisions or ways of working
  • Skilled in the development and implementation of best practice project controls standards, procedures
  • Extensive experience as a professional in the oil and gas industry
  • Familiar with diverse political and cultural environments
  • Excellent written and verbal communications skills
  • Good team player with a pro-active and flexible attitude, able to work in a multi-cultural environment
  • Educated to first degree, or equivalent, in a relevant discipline
  • Chartered member of a relevant engineering institution, or equivalent, preferred (AACE / ACostE)
Conditions
  • Assignment Duration: approx 6 Months
  • Expected start = asap
  • Hourly rate: Negotiable
  • Hours: 55 Hours/Week
  • Rotation: 8 weeks ON x 2 weeks OFF
  • Provisions made by Company:
  • Visas/Work permit reimbursed by Company
  • Flights: Economy Class
  • Meet and greet at airport in Lagos
  • Accommodation within secured area, close proximity to the office. Single Self contained apartment / Flat with facilities.
  • Subsistence Allowance /provisions for food 130,000 Naira Only/Month
  • Local transportation would be provided
  • Medical Insurance provided
Application Closing Date
3rd March, 2013

Method of Application
Interested and qualified candidates should:
Click here to apply online