Lead Cost Engineer

*At this time, we are only receiving applications from candidates who are currently situated in the Americas, thank you.

The company where energy is opportunity

Our client occupies a unique position in the global energy industry. They are the world's largest producer of hydrocarbons (oil and gas), with the lowest upstream carbon intensity of any major producer.

With significant investment in technology and infrastructure, they strive to maximize the value of the energy they produce for the world along with a commitment to enhance value to society.

Headquartered in the Kingdom of Saudi Arabia, and with offices around the world, our client combines market discipline with a generations’ spanning view of the future, born of our nine decades of experience as responsible stewards of the Kingdom’s vast hydrocarbon resources. This responsibility has driven us to deliver significant societal and economic benefits to not just the Kingdom, but also to a vast number of communities, economies, and countries that rely on the vital and reliable energy that we supply.

This company is one of the most profitable in the world, as well as amongst the top five global companies by market capitalization.

LHR Americas recruits people from around the world to work in Saudi Arabia.

• Bachelor’s degree in Engineering from a recognized and approved program.
• 15 years of professional cost engineering experience.
• Solid experience in MS Office and SAP to perform cost analysis.
• Strong knowledge of the oil & gas industry.
• Advanced experience in project management skills related tocost accounting, budgeting, forecasting, reporting, auditing, and reconciliation.
• Aware of significant developments in cost engineering by reviewingtechnical literature, contracts with contractors, visits to areas of construction, and attendance at professional technical meetings.

• Provide cost analysis, controls, and report activities for Capital projects.
• Provide input and recommendations for cost engineering requirements relative to project controls.
• Prepare and analyze comparisons of scope, quotes, and cost data between the project forecasts and the budgets.
• Organize, monitor, and control project costs and will define project needs for cost control by contractual requirements, objectives, and Company procedures.
• Ensure that all project commitments are accurately reported and maintain updated final project and expenditure forecasts.
• Proactively advise management when forecasted costs are overrun or underrun compared to the approved budget.
• Use statistical tools to analyze cost metrics and perform risk analysis.
• Prepare and report cost engineering information every month and additional ad-hoc reports as required by Management.
• Provide all cost engineering expertise and coordinate actives as a group leader as required in the preparation of the cost portion of the engineering, procurement, and construction contracts.
• Collect, monitor, analyze, and report all cost information through the Project Manager.
• Review and analyze all claims and Change Orders on project contracts. Participate in the negotiation of project contracts as required.
• Initiate appropriate action when the total forecast indicates allocated funds will be exceeded.
• Analyze contractors' cost reports and extract required data for management reporting.

• Monthly Base Salary – aligned with company employees with similar skills
• Monthly Overbase – 25% of your monthly base salary
• Benefits Supplement – 20% of your monthly base salary, after 3 years of service, reward increases to 25% of base, after 6 years 30% of base, and after 12 years 35% of base
• Severance Package (2-year vest period) – year 2 to 5: 2 week's pay for each year of service, Year 6+: 4 week's pay for each year after
• Employment Tax – if employee chooses to separate themselves from their ‘home country’ for income tax purposes, most will not be required to pay ‘home country’ income taxes; company will not report income to the ‘home country’ governments. Please check with your tax advisor for specifics relating to you
• Employee Share Purchase Plan (ESPP) (eligible after 12 months of service) – maximum purchase equal to 10% monthly base pay with a cap, 20% share discount
• Incentive Plan – annual; based on performance, approx. 1.8x monthly base salary
• Travel Allowance – annual; approx. $8,200 per household member 11+ years old residing in Saudi Arabia and $6,000 per household member under 11 years old
• Vacation & Paid Holidays – 38 vacation days / 4 travel days / 11-13 paid holidays
• Medical/Dental Plan – complimentary in-Kingdom Johns Hopkins medical care/facilities for employee and eligible family members. In-Kingdom dental services subsidized
• Educational Assistance Plan (EAP) – Out of Kingdom Assistance: 90% of expenses with a maximum per child, lesser of 5x monthly base salary or the company max ($48.5K), plus 3 round-trip economy air travel tickets; undergraduate college-age children get 2 round-trip economy air travel tickets; In Kingdom Assistance: 2x monthly base salary or the company max ($16.3K)
• Settling in Allowance – one-time payment; Family Status - 100% of monthly base salary; Single/Bachelor Status – 60% of monthly base salary

1. Resume Evaluation:

A member of our recruitment team will evaluate that your resume matches the client's job description requirement.

Use the job description requirements to highlight your relevant experience and skills.

Be specific and describe the significance of your work, keyword alignment is important. Emphasize the impact of the work you've contributed to HR areas and tasks. Use your professional profile/resume to focus on major accomplishments and qualifications that match the job.

If your resume evaluation is suitable for this position, the recruitment team will invite you to a preliminary phone/video interview in 2-3 days.

If your resume evaluation is not suitable, you will be receiving an e-mail notification in 2-3 days.

2. Interviews Stage:

2.1 LHR Americas preliminary phone/video interview: A member of the Talent Acquisition team from LHR Americas will first schedule a call with you to discuss the details of the position, your interests, and qualifications. Furthermore, your English level will be evaluated at this stage, ONLY native or advanced speakers will approve this evaluation.

If this preliminary phone/video interview is successful, your resume will be submitted to our client.

If your preliminary phone/video interview is not successful, our Talent Acquisition consultant will inform you.

2.2 Client Face to Face interview: This interview will happen only if your resume is approved by our client, we cannot guarantee the time our client will take to approve your resume, but it should take less than a week.

If your resume is approved a member of the Talent Acquisition Team will get back to you and schedule a face-to-face meeting in a defined location. You will be told to go to the location.

The client interview contains technical questions that help assess your familiarity with problem-solving in your given field and may include a behavioral evaluation. Be prepared to explain how you approach problems and produce solutions.

If your face-to-face interview is successful, the hiring team will further evaluate your resume, decide, and then receive a conditional job offer.

If your face-to-face interview is not approved, LHR Americas will inform you.

2.3 There could be additional video interviews with hiring managers, which may also contain technical questions that help us assess your familiarity with problem-solving in your given field.

3. Conditional Offer:

A successful interview may result in a conditional offer of employment. Conditions for employment include but are not limited to medical examinations, and permission to secure a visa to work and reside in-country.

4. Relocation Process:

After your offer is accepted and all conditions for employment are met, you will be assigned a relocation advisor from LHR Americas. This advisor will be your go-to resource for your job transition, providing valuable advice on visa logistics, notice periods, medical requirements, and more.