Cost Engineer
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What’s the role
Your role as a Cost Engineer involves supporting cost management for small capital projects through all phases. This includes developing and implementing Cost Breakdown Structures (CBS) and Work Breakdown Structures (WBS), creating GSAP networks for Purchase Orders (PO), and generating cost reports. You will focus on implementing cost control processes, monitoring contractor costs, delivering monthly estimate forecasts, and managing changes and contingencies.
What you’ll be doing
The Projects Portfolio Cost Engineer scope involves supporting the delivery of consistent and appropriate cost management structures/tools/processes for Portfolio of small Capital Projects (site) throughout all the phases.
Assist the development and implementation of CBS (Cost Breakdown Structure) for Capital Projects portfolio, the estimate breakdown, and WBS (as applicable).
GSAP Network creation in the correct WBS for PO generation based on IPA standards, Networks close-out , PO status report generation (from GSAP and BP and TRACK), BP/GSAP Cost reports generation (Monthly exercise), Time-writing by exception (Shell staff) Monthly exercise, Productivity Reporting (weekly).
Support implementation of Cost Control Processes: Embed and maintain in Shell and Contractor processes; Commitment capture, VOWD (Value of Work Done), Cost forecasting/phasing and Earned Value Management consistent with Shell procedures, Variance analysis. Establish Cost Report content and frequency, prepare and conduct budget holder reviews, and publish. Support Contracts and Procurement group by providing detailed cost and performance analysis.
Monitor the work hour consumption and associated cost of the Contractor activities against the contractual targets such that potential deviations are identified, and the appropriate corrective actions are taken.
Deliver accurate/high-quality monthly Estimate Forecasts for Projects.
Assist in the maintenance of Change/Trend and Contingency Management: ensure that appropriate changes/trends are reflected in the regular cost forecast updates. Prepare forecasts and review with budget holders. Establish linkage between Change/Trend Management and Contingency Management, perform the Contingency drawdown and ensure accurate current status is reflected in reports.
Assist Cost Reporting: generation of accurate monthly cost reports, including variances from the plan on commitment, value of work done, management of changes and currency fluctuations against approved Authorities For Expenditure (AFEs)
Participate and comply with all safety programs.
Assist with the continuous improvement and implementation of standardized work processes for effective cost control.
Shift work following operating hours of the Downstream operation units across the globe.
Virtual working with key stakeholders for day to day operations
Effective initiative to identify and help resolve business and technical issues within areas of responsibility.
Exposes the individual to all cultural backgrounds and organizational levels across the globe, across diverse time zones.
The role primarily involves the remote support to the Project control of downstream operating units/sites.
What you bring
Engineering/Technologist Degree and/or Certification as a Cost Engineer or equivalent experience.
At least 3 years refinery or petrochemical industry experience in cost engineering / cost controls.
Experience in Cost Engineering / Cost Controls positions for portfolio capital projects
Works effectively in a Team environment and build consensus & Customer focus.
Working knowledge of a broad range of Project Controls systems, tools, and practices specifically in Oil & Gas industry.
Strong leadership, communication, report-writing, and presentation skills.
Skill in PowerPoint, Word, Outlook, SAP/ GSAP, Excel, Ecosys.
Background in Oil and Gas maintenance and operations is an advantage.
Excellent analytical, oral and written communication skills
Preferred experience in following tools: Ecosys, PowerBI
Preferred experience in refinery or petrochemicals plant turnarounds.
What we offer
You bring your skills and experience to Shell and in return you work with talented, committed people on one of the most important challenges facing our planet. You’ll have the opportunity to develop the skills you need to grow in an environment where we value honesty, integrity, and respect for one another. You’ll be able to balance your priorities as you become the best version of yourself.
Progress as a person as we work on the energy transition together.
Continuously grow the transferable skills you need to get ahead.
Work at the forefront of technology, trends, and practices.
Collaborate with experienced colleagues with unique expertise.
Achieve your balance in a values-led culture that encourages you to be the best version of yourself.
Benefit from flexible working hours, and the possibility of remote/mobile working.
Perform at your best with a competitive starting salary and annual performancerelated salary increase – our pay and benefits packages are considered to be among the best in the world.
Take advantage of paid parental leave, including for non-birthing parents.
Join an organisation working to become one of the most diverse and inclusive in the world. We strongly encourage applicants of all genders, ages, ethnicities, cultures, abilities, sexual orientation, and life experiences to apply.
Grow as you progress through diverse career opportunities in national and
international teams.
Gain access to a wide range of training and development programmes.
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An Inclusive & Progressive Place to Work
- To power progress together, we need to attract and develop the brightest minds and make sure every voice is heard. Here are just some of the ways we’re nurturing an inclusive environment – one where you can express your ideas, extend your skills, and reach your potential.
- We’re creating a space where people with disabilities can excel through transparent recruitment process, workplace adjustments and ongoing support in their roles. Feel free to let us know about your circumstances when you apply, and we’ll take it from there.
- We’re closing the gender gap – whether that’s through action on equal pay or by enabling more women to reach senior roles in engineering and technology.
- We’re striving to be a pioneer of an inclusive and diverse workplace, promoting equality for employees regardless of sexual orientation or gender identity.
Shell in India
Shell is a diversified energy company in India with 13,000 employees, and presence in Integrated Gas, Downstream, Power, Renewable and Upstream. Additionally, we have deep capabilities in R&D, digitalisation, and business operations.
Our global strategy, Powering Progress, is designed to generate value for our shareholders, customers, and the wider society, and focuses on creating more value with less emissions. The strategy supports our purpose of providing more and cleaner energy solutions, with the aim of profitably transforming Shell into a net-zero emissions energy business by 2050. As India moves towards its target of net-zero emissions by 2070, Shell India aims to play a leading role in securing vital energy for today, while investing in, and helping to build, the energy system of the future through strategic investments in the country.
Our Lubricants business serves over 50,000 consumers through a strong network of over 200 distributors, and operates an end-to-end value chain that spans conceptualization, development, and production at a world-class blending plant at Taloja. Through our 350-plus retail stations, we offer an integrated mobility experience including fuels, cafes, and convenience stores, with a prominent network of EV recharging facilities.
Shell owns and operates a LNG re-gasification terminal at Hazira, Surat, with a capacity of 5 MTPA and a LNG truck-loading unit that plays a crucial role in helping meet India’s growing demand for gas across sectors. In 2022, Shell acquired Sprng Energy in a $1.55 billion deal to build an integrated energy transition business in the country. Sprng is a leading renewable energy company in India which develops and manages solar, wind, and hybrid power generation facilities and infrastructure.
Our three capability centres across Bangalore and Chennai serve as a technology and innovation powerhouse for Shell globally, working as a delivery engine for core technical, digital, and finance processes: pioneering digital innovation and cutting-edge technologies across the energy sector. We also have strong academic partnerships and collaborations with leading universities and technology institutes to accelerate decarbonization efforts within the energy sector.
We are committed to positively contributing to the communities in which we operate through programmes on STEM Education, Skilling, and Livelihood across India. We nurture and invest in startups developing initiatives focused on accelerating energy innovation through programs such as Shell E4 and Shell Eco-marathon. We also have strategic investments in new energy companies such as Husk Power, d.light, Orb Energy, and Cleantech Solar.
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As a Cost Engineer at Shell Centre in Chennai, you will play a pivotal role in supporting cost management for small capital projects. Your day-to-day responsibilities will include developing Cost Breakdown Structures (CBS) and Work Breakdown Structures (WBS) to ensure projects are executed efficiently. You'll dive into GSAP networks to generate crucial Purchase Orders and create monthly cost reports that help monitor expenses. A key part of your job will be to implement cost control processes, manage contractor costs, and deliver accurate monthly estimates, while being proactive in identifying any potential deviations from financial targets. You'll work closely with budget holders, providing essential data and insights for effective decision-making. Your expertise in the oil and gas sector will enable you to collaborate with diverse teams and interact with stakeholders across various time zones, making every day an engaging learning experience. We're looking for someone with an engineering degree or equivalent experience, along with a strong background in cost engineering within the petrochemical industry. If you're eager to grow in a dynamic team-oriented environment, contribute to impactful projects, and embrace a flexible working culture, then taking on the Cost Engineer role at Shell can be an exciting opportunity for your career growth while making a significant difference.
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Shell’s purpose is to power progress together by providing more and cleaner energy solutions. We believe that rising standards of living for a growing global population are likely to continue to drive demand for energy, including oil and gas, for ...
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