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Cost Engineer

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Lobellia

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Location:
Qatar , Doha

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Category:

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Contract Type:
Not provided

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Salary:

Not provided

Job Description:

We are looking for a SURF Cost Engineer for one of our clients.

Job Responsibility:

  • To promote & comply with applicable safety instruction and other Company HSE procedures in all activities
  • To carry out work in compliance with Company values and policies, relevant laws and regulations, agreed Company priorities and objectives, Company standards and procedures and good industry practices
  • To treat all information obtained during course of the work with confidentiality
  • To prepare for review the detailed annual budget and revisions in liaison with various internal entities and adhering to COMPANY budget standard format provided by finance department
  • To participate in the presentation and to defend the budget performance as required
  • To control budget availability for each commitment
  • To ensure budget control, highlight current trends and justify variances between Forecast and Budget
  • To establish register, to update, monitor and control the commitments, expenditure incurred and forecast for all contracts and purchase orders managed by Major Projects
  • To perform specific Cost Analysis as required
  • To provide input to the SAP/S4Hana system, regarding commitments, service entry sheets, payment schedule, invoicing, and cost control issues, as required
  • To prepare the monthly closure and make sure accruals done in SAP system are in accordance with current project(s) progress and milestones
  • To prepare all necessary documents as necessary for compliance regarding accruals
  • To issue a detailed internal and external monthly cost report (Trends, Areas of Concern, Budget Variance analysis, Commitment/Expenditure figures, forecast at completion etc.) with comments and advise Project Management on cost over-runs in a timely manner
  • To ensure correct and auditable records of all matters with Project expenditures, contracts, budgets, cash flows, forecasts, etc.
  • To act as the interface with the COMPANY Finance entity and provide them with data for incorporation in corporate financial documents
  • To supervise the contractors and suppliers cost control activities
  • To implement an efficient invoicing process between the different locations of the project
  • To check and monitor invoices, in liaison with COMPANY accounting department to enable timely payment of invoices
  • To develop, communicate and implement procedures to ensure the efficient organization and operation of the Project budget and cost control activities
  • To advise, during project setup post award, contractors on key commercial requirements (invoicing format and submission, cost reporting etc.)
  • To anticipate additional requirements for cost control support during execution of the project(s)
  • To promote cost consciousness within the entity
  • To ensure confidentiality is being kept as per sensitive data
  • To liaise with internal and external auditors for cost justification
  • To prepare the required cost recovery related documentation
  • To liaise actively with COMPANY Finance entity for all matters related to cost and accounting as required (Commitments, invoice processing and payment, accruals, payment claims and disputes)
  • To prepare commercial close out of each contract and archive all financial documentation as per COMPANY guidelines
  • To carry out any other duties or tasks that may be assigned by hierarchical superiors

Requirements:

  • Degree in Economics or equivalent
  • Minimum 10 years’ experience in similar activities for Oil & Gas projects
  • Advanced knowledge & experience in use of relevant computer systems (SAP, S4Hana, Power BI, Excel, Word, PowerPoint and MS-Access)
  • EPC Contracts mechanisms
  • Fluency in English
What we offer:
  • Accommodation
  • Transport
  • Visa
  • Insurance

Additional Information:

Job Posted:
March 13, 2026

Employment Type:
Fulltime
Work Type:
On-site work
Job Link Share:

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