Cost Engineer

Job Description

Job Objectives: Responsible for preparation of accurate tenders based on owner’s specification, technical documents and inspection of vessels meeting the requirements of company stake holders. Invoicer: Responsible for monitoring overall cost control and preparation of invoices and negotiation of the prices with owner representatives in order to ensure that project invoices are settled with acceptable profit margins. Shipyard/ Ship- RIG repair/ Ship-RIG Building Experience is mandatory. Day-to-day operations: • Attend the project hand over meeting with Estimator/PM and assist PM in preparation of work list. • Review tender and specification in order to understand the project requirements and attend project related meetings as required. • Release man hour targets and progressively update the man hours based on the actual work scope. • Attend job identification on board, daily production meetings and walkabout of the critical jobs on board and in workshops to follow up repairs and costs. • Updating of price controls and submission of budget updates of the project to Client on regular basis. • Compile all feedbacks from Production Departments; prepare draft invoices, discuss technical/commercial details and finalize the repair cost with owner’s representative. • Prepare reports and submit to Manager/ Assistant Manager – invoicing on regular basis. • Send enquiries, discuss commercial and technical details, negotiate prices and Allocate and issue POs to subcontractors for the works as requested by Production Department. • Review subcontractor work done reports and invoices, negotiate and finalize the costs and close POs. • Perform other jobs related duties as assigned by the Department Manager/Assistant Manager. • Estimation. • Review Client specification and understand the requirements. • Send information relevant to specialised works/special material requirement to subcontractors/Production Departments/Procurement Department for required inputs. • Communicate with Clients for any clarification/additional information if required. • Inspection of vessels whenever required and discussion of technical/commercial details with Owner representatives. • Preparation of detailed/accurate estimates and final bid documents(Tenders) for all types of vessels. • Prepare financial summary of the tenders for management approval. . • Update all required information on ‘A’ forms before hand over. • Attend to tender clarifications/additional quotations till vessel arrive at the yard. • Hand over project file along with all related document to the project team highlighting critical and specific requirement of the project. • Implement the day-to-day operations assigned for the department/section to ensure compliance with the established standards and procedures. Safety, Quality, Environment & Information Security Rules: • Responsible to comply with relevant safety, quality and environmental management policies, procedures and controls and to behave in a manner, which ensures that their actions or omissions, do not adversely affect the environment, health, safety and wellbeing of themselves, colleagues, contractors or members of the public. • Meeting all responsibilities as outlined in the DDW OHSMS. • Participating in any training and safety initiatives implemented by the Company. • Complying with all Safety directives, and work instructions. • Immediately reporting any incident or potential hazard to their Supervisor or Safety Dept. • STOP the task if you feel yourself or others may be harmed. Technical competencies: • Knowledge and experience in a ship repair facility with vessels and rig repairs. • Familiar with technical terms related to ship repairs and rig repairs. • Project Management and Contract negotiation skills. Show more Show less