Cost Estimator Job at LutechResources - Nigeria

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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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