Role Purpose
i) EPCI CAPEX cost estimate and associated commercial deliverables during proposal phase; and
ii) Reference cost data analysis and benchmarking data development/ update
Key Accountabilities
| Cost Engineering Skills and Knowledge | To have good understanding on the industrial standard cost engineering terminology (Estimate classification, estimate methodologies, estimate review and validation, etc.) |
| Coordination capability | Coordinate and interface with technical/ commercial professionals, vendors, subcontractors and client to EPCI CAPEX costing within the time frame |
| CAPEX Estimate | Develop CAPEX cost estimate along with back-up data based on technical/ executional input |
| Commercial deliverables | Work out commercial deliverables related to CAPEX (e.g. Compensation Form, Basis/ Assumption of CAPEX Estimate, Commercial Qualifications, etc.) to read thru the ITT documents as part of Commercial Bid Proposal |
| Cashflow Projection | Produce cashflow projection (cash-in/cash-out) based on Project Schedule, Milestone Payment from Company and payment terms by Vendors/ Subcontractors |
| Cost data analysis | Collect, assort various cost data along with technical information for benchmarking and analyze tendency, correlation or algorithm in order to develop applicable estimate methodologies. |
| Knowledge of risk management and risk contingency | Define and identify risks in terms of opportunities and threats. To have knowledge of risk management process. To have good understanding on the concept of risk contingency and allowance |
Qualifications
- Bachelor’s degree in Business, Accounting, Finance or Engineering/Construction Management. Experience in lieu of college degree may be accepted.
- 7 to 10 years working experience of Offshore or Onshore Oil & Gas Projects especially EPCI phase as Project Management or (preferable for Offshore, especially FPSO Projects experience)
- Preferable to have experience on Cost Estimation on Bid/FEED on Offshore or Onshore Oil & Gas Projects (preferable for Offshore, especially FPSO Projects experience)
Competencies
Technical:
- Familiar with FPSO projects including some technical knowledge.
- Basic understanding of project management process.
- Strong knowledge and skills of Microsoft Excel.
Working With Us
MODEC is the largest independent operator of FPSOs in the world. We are the global leader with more than 50 years of experience in building and operating floating solutions for the offshore oil and gas industry. We operate in over 15 countries and have professionals of diverse nationalities in our team.
You can look forward to a challenging career and working with cutting-edge systems, solutions and technologies. Your career begins in Singapore, but your talent can take you anywhere in the world. In our talent-first organization, your personal development is just as important as your professional growth. If you want to be a part of the market leader, this is your opportunity!
MODEC Group is committed to fostering, cultivating and preserving a culture of diversity, equity and inclusion, in line with the MODEC Human Rights Policy.
