Total 4 failure analysis engineer job vacancies in Finance / Banking / Insurance category in atlantic city new jersey

Modec Offshore Production Systems (Singapore) Pte Ltd is a leading provider of solutions to the Floating Offshore Oil & Gas market for more than 50 years and we are currently looking for a Cost Engineer to join us.

Being part of Modec means being the protagonist of a challenging career and being in touch with the latest deep-water production systems, knowing that your career begins in Singapore, but your talent can take you anywhere in the world. If you want to be one of the greatest in the market, this is your opportunity!

We are currently based at Metropolis, Buona Vista, Singapore.

Responsibilities:

• EPCI CAPEX cost estimate and associated commercial deliverables during proposal phase.
• Reference cost data analysis and benchmarking data development/ update .
• To have good understanding on the industrial standard cost engineering terminology (Estimate classification, estimate methodologies, estimate review and validation, etc.).
• Coordinate and interface with technical/ commercial professionals, vendors, subcontractors and client to EPCI CAPEX costing within the time frame.
• Develop CAPEX cost estimate along with back-up data based on technical/ executional input.
• 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 .
• Produce cashflow projection (cash-in/cash-out) based on Project Schedule, Milestone Payment from Company and payment terms by Vendors/ Subcontractors.
• Collect, assort various cost data along with technical information for benchmarking and analyze tendency, correlation or algorithm in order to develop applicable estimate methodologies.
• 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

Requirements:

• Bachelor’s degree in Business, Accounting, Finance or Engineering/Construction Management. Experience in lieu of college degree may be accepted.
• Possesses 7 to 10 years working experience of Offshore or Onshore Oil & Gas Projects especially EPCI phase as Project Management or (preferreble for Offshore, especially FPSO Projects exeperience).
• Preferably with experience on Cost Estimation on Bid/FEED on Offshore or Onshore Oil & Gas Projects (preferreble for Offshore, especially FPSO Projects exeperience).
• Familiar with FPSO projects including some technical knowledge.
• Possesses basic understanding of project management process.
• Has strong knowledge and skills of Microsoft Excel.
• Preferrably proficency in written + spoken English and Japaneses

Modec is committed in creating a diverse and inclusive workplace. We take affirmative action to ensure equal opportunity for all applicants regardless of race, religion, national origin, gender, gender identity, sexual orientation, disability, age, or other legally protected characteristics.

Responsible for:

EPCI CAPEX cost estimate and associated commercial deliverables during proposal phase; and

Reference cost data analysis and benchmarking data development/ update

To have good understanding on the industrial standard cost engineering terminology (Estimate classification, estimate methodologies, estimate review and validation, etc.)

Coordinate and interface with technical/ commercial professionals, vendors, subcontractors and client to EPCI CAPEX costing within the time frame

Develop CAPEX cost estimate along with back-up data based on technical/ executional input

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

Produce cashflow projection (cash-in/cash-out) based on Project Schedule, Milestone Payment from Company and payment terms by Vendors/ Subcontractors

Collect, assort various cost data along with technical information for benchmarking and analyze tendency, correlation or algorithm in order to develop applicable estimate methodologies.

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

Job Summary

Development and execution of the project cost estimation, cost plan, monitor costs and collects cost data to ensure conformity with management's budget directives, cost tracking, forecasting and reporting.

Duties & Responsibilities:

• Support or lead in cost estimation for projects at various stages of the project development like FS, FEED and EPC.
• Study and understand all relevant project documents relating to the cost management of allocated projects.
• Establish project control budgets based on the client approved Project Control Estimate.
• Cooperate with Project Management Team in identifying and gaining approval of Estimates/ Change Requests.
• Perform a variety of cost engineering functions including cost control, budget preparations, forecasting, risk management, contingency quantification and cost reporting.
• Review cost commitment and expenditure information (for all cost elements), for input to the cost control and reporting system on a weekly basis.
• Prepare regular cost reports and advise management of any forecast cost overruns, to maintain comprehensive accessible registers of financial approvals, variations and change orders.
• Report turnaround and project actual vs baseline cost status as required.
• Report earned value per vendor and identify trends that impact the final cost projections.
• Prepare final cost report and invoice to client.
• Perform other functions that may be assigned by the Department Manager.
• Support in cost database input and evaluation of cost data.

Requirements:

• B.Sc. (Building/Project and Facilities Management) or
• Degree in any Engineering with cost engineering (cost estimation or cost control) internship and show interest in cost engineering or has five (5) years of working experiences as a minimum in the capacity as a Cost Engineer in the oil & gas industry, or
• Diploma (Certificate in Quantity Surveying) / Diploma (Project & Facilities Management).
• Basic knowledge of contract administration.
• Have understanding of measurement, cost estimation and project cost control requirements.
• Demonstrated success in past project involvement and technical delivery of small to medium size projects.
• Enjoy numeric calculation and proficient in Excel software.
• Excellent communication and interpersonal skills, written and verbal English.
• Good team player, self-driven with ability to interact across multiple disciplines.
• Proficiency in Microsoft Office package.

Interested parties, please send in your detailed resume.

Modec Offshore Production Systems (Singapore) Pte Ltd is a leading provider of solutions to the Floating Offshore Oil & Gas market for more than 50 years and we are currently looking for a Senior Planner to join us.

Being part of Modec means being the protagonist of a challenging career and being in touch with the latest deep-water production systems, knowing that your career begins in Singapore, but your talent can take you anywhere in the world. If you want to be one of the greatest in the market, this is your opportunity!

Role Purpose

i) Lead EPCI CAPEX cost estimate, associated commercial deliverables and establish basis of estimate

ii) Explain EPCI CAPEX to Project Manager for his authorization

iii) Reference cost data analysis and benchmarking data development/ update

Key Accountabilities

• To have good understanding on the industrial standard cost engineering terminology in order to establish Estimate Methodology Procedure for the proposal
• Lead coordination and interface with technical/ commercial professionals, vendors, subcontractors and client to EPCI CAPEX costing within the time frame
• Develop CAPEX cost estimate and evaluate its estimate reasonably and logically
• 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
• Develop cashflow projection (cash-in/cash-out) based on Project Schedule, Milestone Payment from client and payment terms by vendors/ subcontractors
• Collect, assort various cost data along with technical information for benchmarking and analyze tendency, correlation, or algorithm in order to develop applicable estimate methodologies
• 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
• 10 to 15 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)

Technical Competencies

- Familiar with FPSO projects including some technical knowledge.
- Basic understanding of project management process.
- Strong knowledge and skills of Microsoft Excel.

Modec is committed in creating a diverse and inclusive workplace. We take affirmative action to ensure equal opportunity for all applicants regardless of race, religion, national origin, gender, gender identity, sexual orientation, disability, age, or other legally protected characteristics.