Single Buoy Moorings Inc Hiring for Cost Engineer at Bengaluru, Karnataka Full Time

Energy is a fundamental basic need of our society. Fossil fuels, including oil, are an essential source of energy and will remain so until renewable energies have the capacity to meet the growing demand for energy.

Nearly 5,000 SBMers globally are proud to design, build and operate floating facilities that produce more than 1% of the world’s oil. We do it in the safest, most affordable, and most sustainable way. And we continuously strive to reduce emissions, in line with our emissionZEROTM program.

As a leader in floating technologies for the oil and gas industry, we recognize the significant importance of climate change and the growing need for renewable energy. We invest in products and services that enable the transition towards renewable energy, with a focus on Floating Offshore Wind, Wave Energy, and Carbon Capture and Storage. In addition, we also develop Smart Digital Services to improve and support everything we do.

Oceans play a central role in producing the energy of today and of tomorrow. We work together with the world’s leading energy companies to make that happen. We act responsibly and ethically so that communities where we operate benefit from our presence and activities.

We are committed to sharing our experience to deliver safe, sustainable, and affordable energy from the oceans for generations to come.

[ Link removed ]

#OGJS

JOB RESPONSIBILITIES:

The cost engineer is part of a small team of experts on Cost Controlling and Cost Engineering in the Finance department.

Role description

The Cost Engineer acts as a business partner in the assigned remit, accountable for your stakeholders to achieve business objectives in operational effectiveness and efficiency, reliable financial reporting and compliance with laws, regulations and standards.

As a cost engineer, you are responsible to acquire knowledge on potential expenditures, analyze project expenditures and develop cost trending. You analyze all available data to determine cause of overruns and underruns. You create a cost conscious atmosphere so that all persons working on a project are aware of how their activities impact the project cost including all applicable contractual issues. You are actively building partnerships and working collaboratively with others within the project and the team to get input and in the end meet shared objectives.

Your main tasks are to:

• Apply and adapt corporate cost control methodology to the project.
• Interface with Planning, Contracts, and Purchasing, Engineering, Construction, and Accounting team members for commercial and technical Input.
• Prepare cost estimates for possible design’ project execution changes,
• Analyze the project budget, the technical and commercial data using trending’ earned value’ in-house methods in order to prepare the monthly project cost forecasts,
• Prepare the Project Forecast on a monthly basis and consolidate results in the Cost Control Monthly Report (Forecast, Areas of concern, VOs, Budget Variance analysis etc.),
• Identify and prepare Project Variation Orders for approval by Project Manager and submission to Client.

JOB REQUIREMENTS

Our ideal candidate for the role of Cost Engineer has a minimum of 5 years project experience, preferably in the international Oil & Gas industry with familiarity with FPSO refurbishment & conversion projects. You preferably have a bachelor or Master degree in Engineering.

Furthermore you have the following skills and experience:

• Solid business acumen, estimating, reporting and cost controlling skills
• Solid IT skills, with good knowledge of NADIA/BOQ/B.O. and project performance software
• You develop and deliver multi-mode communications that convey a clear understanding of the unique needs of different audiences.
• You plan and prioritize work to meet commitments aligned with organizational goals
• Intellectual curiosity towards technical aspects of project and project management processes.
• You are pro-active and detail-oriented.

GENERAL INFORMATION

SBM Offshore N.V. is a listed holding company that is headquartered in Amsterdam. It holds direct and indirect interests in other companies that collectively with SBM Offshore N.V. form the SBM Offshore Group (“the Company”). For further information, please visit our website at [ Link removed ] . The companies in which SBM Offshore N.V., directly and indirectly, owns investments are separate entities.

SBM Offshore is proud to be an Equal Employment Opportunity and Affirmative Action employer. SBM Offshore does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status, or any other basis covered by appropriate law.  All employment is decided on the basis of qualifications, merit, and business need.