Cost Engineer at Wood in Dubai, United Arab Emirates | Kablio

Role

Description

cost management

forecasting

risk management

data capture

cost reporting

wbs development

Establishing Project Baselines and Cost Management Framework for various Portfolio Projects as they are sanctioned.
Prepare forecasts and review with budget holders and project management.
Provide early warning and value adding through reviews of the various contractor cost reports.
Manage/facilitate risk process with Project teams ensuring linked to cost contingency management/forecasting.
Contribute to maintaining a process/system for capturing critical project data for historical reporting and benchmarking
Contribute to the implementation and maintenance of Cost Control Processes: Commitment planning and recording/reporting, VOWD (Value of Work Done), Cost forecasting/phasing consistent with the company procedures.
Develop, implement and maintain the project specific WBS (Work Breakdown Structure) and underlying CTR (Cost, Time, Resource) structure, populate with budget information and secure CTR owner sign-offs. Implementing standard CBS (Cost Breakdown Structure) and contractor processes. Contribute to establishing consistent approach to treatment of multi-currency transactions.
Prepare Cost Report content and conduct budget holder reviews and publish.
Develop/Prepare reports and deliver presentations as required by the project.
Embed the Change/Trend Management process, ensure all participants are aware of their responsibilities and the different classifications of a change/trend, and ensure that appropriate changes/trends are reflected in the regular cost forecast updates.

Requirements

7+ years

engineering degree

cost engineer

cost tools

project execution

analytical

Minimum 7 years industry experience in cost engineering, project services and/or project engineering positions.
Engineering Degree and/or Certification as a Cost Engineer or equivalent experience.
Fully versed with Cost Engineering/Risk Tools.
Excellent analytical, oral and written communication skills.
Proven interpersonal and relationships skills in complex environments with ability to work of diverse background.
Project execution practical experience (e.g. engineering, controls, C&P, construction).
Able to work across multiple projects largely unsupervised and deliver results within challenging deadlines and under pressure
Experience in execution in remote/developing locations is an advantage.
Meaningful and interesting projects Delivered to high profile clients and complex projects in Iraq

Benefits

Long Service Award: Wood values the commitment and loyalty of our people. Celebrating Long Service provides an opportunity for the business to demonstrate their appreciation of the hard work, dedication and many years’ services of our employees at 5-year service milestones
Group Life and Personal Accident Insurance: The company provides Life Assurance cover
Competitive salary with regular salary reviews to ensure we are rewarding at the right level in line with the market
Medical Insurance: Ensures inpatient and outpatient medical care is available should you require treatment.
The Employee Share Plan: Gives you the opportunity to purchase Wood shares and receive a match from the company
Commitment to continued professional development; development plans that are tailored to your individual needs and interests

Training + Development

Information not given or found

Interview process

Information not given or found

Visa Sponsorship

Information not given or found

Security clearance

Information not given or found

Company

Overview

Wood is a global leader in consulting and engineering, primarily serving the energy and materials markets.
The company offers a wide array of services including project and construction management, operations and maintenance, and engineering design across various sectors such as oil and gas, chemicals, renewable energy, and infrastructure.
Wood operates in multiple countries including Australia, Canada, England, UAE, and the US, with a growing emphasis on sustainable energy and decarbonization technologies.
The company provides an integrated service model covering advisory, design, delivery, operational support, and repurposing services.

Culture + Values

The company foster a culture emphasize collaboration, innovation, and excellence.
Create an environment where employees enjoy coming to work and clients eager to engage.
Focus on core values and behaviors, including commitment, courage, and agility in delivering solutions.
Leadership plays a crucial role in monitoring and nurturing the culture.
Engage with the workforce regularly to ensure effective implementation across the organization.
The company's values support strategic goals structured around three main pillars: Inspired Culture, Performance Excellence, and Profitable Growth.
These pillars guide operations and decision-making processes, aligning with the needs of employees, clients, and shareholders.
Aim to leverage expertise and dedication of global team to drive sustainable solutions and make meaningful impact on the world.

Environment + Sustainability

Focus on transitioning to renewable energy sources and enhancing energy efficiency across operations.
Committed to reducing single-use plastics and promoting sustainable practices within the supply chain.
Actively involved in renewable energy, hydrogen, and carbon capture and storage projects, representing a significant portion of revenue.
Working on more than half of the world’s carbon capture and storage projects.
Aiming to achieve net-zero carbon emissions by 2050, aligning with the Paris Agreement.
Member of the United Nations Global Compact, committing to uphold principles in human rights, labor, environment, and anti-corruption.
Holds an AA rating in the MSCI ESG Ratings and Silver in the 2023 Ecovadis Sustainability Rating.
Targets to have 100% of suppliers incorporate Building Responsibly Principles into their supply chains by 2030, with all labor suppliers expected to comply by 2025.

Inclusion & Diversity

Ongoing efforts include refreshing and expanding employee networks, empowering leadership teams with action plans for sustainable, inclusive change, maintaining focus on balanced early career stage intake, and ongoing tracking of diversity statistics.
Ensures fair pay practices, confirming that pay disparities are due to the gender distribution across roles, not equal pay issues.
DEI progress is measured quarterly, with oversight provided by the Board through the Nomination Committee.

Articles

Wood’s Sustainability Review 2022

Wood’s sustainability approach 2022-2025

Youtube video on recruitment process

CEO Ken Gilmartin’s reflections after 1 year of being CEO

2023 Gender Pay Gap Report

A-Z Expertise

Role

Description

cost management

forecasting

risk management

data capture

cost reporting

wbs development

Establishing Project Baselines and Cost Management Framework for various Portfolio Projects as they are sanctioned.
Prepare forecasts and review with budget holders and project management.
Provide early warning and value adding through reviews of the various contractor cost reports.
Manage/facilitate risk process with Project teams ensuring linked to cost contingency management/forecasting.
Contribute to maintaining a process/system for capturing critical project data for historical reporting and benchmarking
Contribute to the implementation and maintenance of Cost Control Processes: Commitment planning and recording/reporting, VOWD (Value of Work Done), Cost forecasting/phasing consistent with the company procedures.
Develop, implement and maintain the project specific WBS (Work Breakdown Structure) and underlying CTR (Cost, Time, Resource) structure, populate with budget information and secure CTR owner sign-offs. Implementing standard CBS (Cost Breakdown Structure) and contractor processes. Contribute to establishing consistent approach to treatment of multi-currency transactions.
Prepare Cost Report content and conduct budget holder reviews and publish.
Develop/Prepare reports and deliver presentations as required by the project.
Embed the Change/Trend Management process, ensure all participants are aware of their responsibilities and the different classifications of a change/trend, and ensure that appropriate changes/trends are reflected in the regular cost forecast updates.

Requirements

7+ years

engineering degree

cost engineer

cost tools

project execution

analytical

Minimum 7 years industry experience in cost engineering, project services and/or project engineering positions.
Engineering Degree and/or Certification as a Cost Engineer or equivalent experience.
Fully versed with Cost Engineering/Risk Tools.
Excellent analytical, oral and written communication skills.
Proven interpersonal and relationships skills in complex environments with ability to work of diverse background.
Project execution practical experience (e.g. engineering, controls, C&P, construction).
Able to work across multiple projects largely unsupervised and deliver results within challenging deadlines and under pressure
Experience in execution in remote/developing locations is an advantage.
Meaningful and interesting projects Delivered to high profile clients and complex projects in Iraq

Benefits

Long Service Award: Wood values the commitment and loyalty of our people. Celebrating Long Service provides an opportunity for the business to demonstrate their appreciation of the hard work, dedication and many years’ services of our employees at 5-year service milestones
Group Life and Personal Accident Insurance: The company provides Life Assurance cover
Competitive salary with regular salary reviews to ensure we are rewarding at the right level in line with the market
Medical Insurance: Ensures inpatient and outpatient medical care is available should you require treatment.
The Employee Share Plan: Gives you the opportunity to purchase Wood shares and receive a match from the company
Commitment to continued professional development; development plans that are tailored to your individual needs and interests

Training + Development

Information not given or found

Interview process

Information not given or found

Visa Sponsorship

Information not given or found

Security clearance

Information not given or found

Company

Overview

Wood is a global leader in consulting and engineering, primarily serving the energy and materials markets.
The company offers a wide array of services including project and construction management, operations and maintenance, and engineering design across various sectors such as oil and gas, chemicals, renewable energy, and infrastructure.
Wood operates in multiple countries including Australia, Canada, England, UAE, and the US, with a growing emphasis on sustainable energy and decarbonization technologies.
The company provides an integrated service model covering advisory, design, delivery, operational support, and repurposing services.

Culture + Values

The company foster a culture emphasize collaboration, innovation, and excellence.
Create an environment where employees enjoy coming to work and clients eager to engage.
Focus on core values and behaviors, including commitment, courage, and agility in delivering solutions.
Leadership plays a crucial role in monitoring and nurturing the culture.
Engage with the workforce regularly to ensure effective implementation across the organization.
The company's values support strategic goals structured around three main pillars: Inspired Culture, Performance Excellence, and Profitable Growth.
These pillars guide operations and decision-making processes, aligning with the needs of employees, clients, and shareholders.
Aim to leverage expertise and dedication of global team to drive sustainable solutions and make meaningful impact on the world.

Environment + Sustainability

Focus on transitioning to renewable energy sources and enhancing energy efficiency across operations.
Committed to reducing single-use plastics and promoting sustainable practices within the supply chain.
Actively involved in renewable energy, hydrogen, and carbon capture and storage projects, representing a significant portion of revenue.
Working on more than half of the world’s carbon capture and storage projects.
Aiming to achieve net-zero carbon emissions by 2050, aligning with the Paris Agreement.
Member of the United Nations Global Compact, committing to uphold principles in human rights, labor, environment, and anti-corruption.
Holds an AA rating in the MSCI ESG Ratings and Silver in the 2023 Ecovadis Sustainability Rating.
Targets to have 100% of suppliers incorporate Building Responsibly Principles into their supply chains by 2030, with all labor suppliers expected to comply by 2025.

Inclusion & Diversity

Ongoing efforts include refreshing and expanding employee networks, empowering leadership teams with action plans for sustainable, inclusive change, maintaining focus on balanced early career stage intake, and ongoing tracking of diversity statistics.
Ensures fair pay practices, confirming that pay disparities are due to the gender distribution across roles, not equal pay issues.
DEI progress is measured quarterly, with oversight provided by the Board through the Nomination Committee.

Articles

Wood’s Sustainability Review 2022

Wood’s sustainability approach 2022-2025

Youtube video on recruitment process

CEO Ken Gilmartin’s reflections after 1 year of being CEO

2023 Gender Pay Gap Report

A-Z Expertise

Cost Engineer

Wood

Cost Engineer

Wood

Description

cost management

forecasting

risk management

data capture

cost reporting

wbs development

Requirements

7+ years

engineering degree

cost engineer

cost tools

project execution

analytical

Benefits

Training + Development

Interview process

Visa Sponsorship

Security clearance

Overview

Culture + Values

Environment + Sustainability

Inclusion & Diversity

Articles

Description

cost management

forecasting

risk management

data capture

cost reporting

wbs development

Requirements

7+ years

engineering degree

cost engineer

cost tools

project execution

analytical

Benefits

Training + Development

Interview process

Visa Sponsorship

Security clearance

Overview

Culture + Values

Environment + Sustainability

Inclusion & Diversity

Articles

₤5.9 billion

Revenue

The company reported total revenue of $5.9 billion, reflecting an 8% increase from the previous year’s $5.5 billion.

9% growth

Adjusted EBITDA

Wood's adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) grew by 9%, reaching $423 million.

40% of pipeline

Sustainable Solutions

Sustainable solutions now account for over 40% of the company's bidding pipeline, highlighting a strong focus on green initiatives.

65% reduction

Cumulative Emissions Reduction

The cumulative reduction in Scope 1 and 2 emissions from the 2019 baseline.

55% renewable energy

Sourced Electricity

Proportion of purchased electricity now sourced from certified renewable energy sources.

40% pipeline

Sustainable Solutions

The portion of the sales pipeline now comprised of sustainable solutions, supporting the energy transition.

21% revenue

Sustainable Solutions

The proportion of total group revenue generated from sustainable solutions.

32% Female Representation

2022 Female Representation

The company achieved 32% female representation in 2022.

48% Female Intake

2023 Early Career Roles

In 2023, 48% of early career roles were filled by women.

23.3% GPG