Job Title: Cost Estimator (6 Months)
Job ID: 4897636
Location: Ikoyi, Lagos, Nigeria
Company: LutechResources – 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.
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
Desired Skills & Experience:
• Educated to first degree, or equivalent, in a relevant discipline
• Chartered member of a relevant institution (AACE/ACostE), or equivalent, preferred
• 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:
• Skilled in the development and implementation of best practice project controls standards, procedures
• 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
• 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
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