Cost Engineer

Job Title: Cost Engineer
Contract Duration: 1-year temporary contract with the possibility of extension
Location: Rotterdam

Introduction
We are looking for a Cost Engineer for our client, a leader in the FPSO and Oil & Gas sectors. This position is based in Rotterdam, offering a one-year contract with the option to extend.

Key Responsibilities:

• Gain a thorough understanding of potential project expenses to identify cost overruns early, enabling the Project Manager to take corrective actions as necessary.
• Analyze project spending and establish cost trends.
• Investigate any budget deviations, such as overruns or savings, and understand their causes.
• Promote a cost-conscious culture where all team members are aware of how their work affects the project’s budget, including relevant contractual aspects.
• Collaborate closely with the project team (Planning, Contracts, Purchasing, Engineering, Construction, and Accounting) to gather commercial and technical insights and achieve shared goals.
• Apply the company’s cost control methods to the project.
• Develop the initial project budget based on technical data, cost assumptions, and information from the estimating phase.
• Look for opportunities to reduce project costs by analyzing all activities from a cost-saving perspective.
• Prepare cost estimates for potential design or execution changes.
• Use in-house methods like trending and earned value analysis to assess project budgets and provide monthly cost forecasts.
• Prepare monthly project cost reports and consolidate them into the Cost Control Monthly Report.
• Assist in preparing financial reports for senior management.
• Identify and prepare project variation orders for approval by the Project Manager and submission to the client.
• Provide cost data to validate supplier change requests or as input for client change requests.
• Ensure accurate and high-quality cost data is regularly shared with the Corporate Estimating Department for ongoing implementation of norms and benchmarking.

Requirements:

• Education: Bachelor’s degree or equivalent in a technical field.
• Experience: At least 3 years of experience in estimating or project roles within the offshore or shipbuilding industry.
• Skills:
  • Fluent in English.
  • Strong problem-solving skills, attention to detail, and a methodical approach to work.
  • Ability to analyze data and manage information effectively.
  • Proficiency in IT, especially MS Excel, and the ability to quickly learn specialized software.
  • Excellent teamwork, relationship-building, and interpersonal skills.
  • Strong organizational and time-management abilities to meet deadlines and project goals.

What We Offer:

• 27 days of vacation
• Pension plan
• Travel allowance for commuting between home and work
• Holiday allowance

With over 90 years' combined experience, NES Fircroft (NES) is proud to be the world's leading engineering staffing provider spanning the Oil & Gas, Power & Renewables, Chemicals, Construction & Infrastructure, Life Sciences, Mining and Manufacturing sectors worldwide. With more than 80 offices in 45 countries, we are able to provide our clients with the engineering and technical expertise they need, wherever and whenever it is needed. We offer contractors far more than a traditional recruitment service, supporting with everything from securing visas and work permits, to providing market-leading benefits packages and accommodation, ensuring they are safely and compliantly able to support our clients.