Siemens Energy

A Snapshot of Your Day

The principal responsibility of this position as a Cost Manager is to perform cost estimating functions for equipment packaged in Dammam and sold based on customer specifications. Role reports to Head of Cost Estimation & Planning CEP. Role requires coordination and interaction across Bid Management, Procurement, Production, Engineering, Finance and Project Management mainly within KSA and partially internationally as well.

How You’ll Make an Impact

·         Estimate product line costing: Interpret scope and build estimates using in-house tools, cost books and experience data and calculate a complete and accurate cost of components and assemblies for projects in Dammam

• Align costing of all involved parties on a project basis and optimize cost position (e.g. by cost review and cost-out meetings)
• Develop, create and monitor model selections of configurations. Update the data and maintain templates with current costs and applicable tools in Dammam
• Work directly with Bid Management, Engineering, Supply Chain Management and Manufacturing departments to obtain their feedback for building the estimate and updating existing cost models
• Audit and analyze actual costs with estimated costs to determine if variances exist. Initiate corrective action on any discrepancies and implement lessons learned
• Manage multiple proposal cost estimates concurrently

What You Bring

·         Education requirements: Bachelor’s degree in Engineering or Finance/Accounting, additional Master’s degree preferred

• Minimum 3 years of experience in the Oil&Gas industry, ideally in the Bid Management / Operations area of the Rotating Equipment Industry; product knowledge of Turbo Compressors and ability to understand and consider technical / commercial requirements
• Strong affinity for the costing / pricing process during the pre-order stage, preferably supported by experience with costing tools
• Strong drive with motivation skills to accomplish tasks with high quality and on time with attention to detail
• Advanced knowledge in Office applications
• Pro-active and hands-on character with economical thinking and a strong will to provide best in class project support and willingness to improve the business every day
• Strong collaborative approach and working with cross functional team to drive part projects to completion

Who is Siemens Energy?

At Siemens Energy, we are more than just an energy technology company. We meet the growing energy demand across 90+ countries while ensuring our climate is protected. With more than 92,000 dedicated employees, we not only generate electricity for over 16% of the global community, but we’re also using our technology to help protect people and the environment.

Our global team is committed to making sustainable, reliable, and affordable energy a reality by pushing the boundaries of what is possible. We uphold a 150-year legacy of innovation that encourages our search for people who will support our focus on decarbonization, new technologies, and energy transformation.

Find out how can you make a difference at Siemens Energy: https://www.siemens-energy.com/employeevideo

Division Messaging

Lucky for us, we are not all the same. Through diversity we generate power. We run on inclusion and our combined creative energy is fueled by over 130 nationalities. Siemens Energy celebrates character – no matter what ethnic background, gender, age, religion, identity, or disability. We energize society, all of society, and we do not discriminate based on our differences.

Jobs & Careers: https://jobs.siemens-energy.com/jobs