Lead Cost & Contract Job Description
Job Overview
We are seeking a highly skilled Lead Cost & Contract professional to join our Project Management team in Abu Dhabi, UAE. This full-time role is critical in managing contractual negotiations and cost estimation for projects in the Oil & Gas / Petrochemical industry. The ideal candidate will have 3-5 years of relevant experience, strong analytical skills, and expertise in ensuring cost efficiency while maintaining compliance with contractual obligations.
Job Details
- Job Title: Lead Cost & Contract
- Job Type: Full Time
- Industry: Oil & Gas / Petrochemical
- Department: Project Management
- Location: Abu Dhabi, UAE (On-site)
- Experience Level: 3-5 Years
- Salary Range: 10-15 LPA
- Education Level: Graduation/Diploma
Key Responsibilities
The Lead Cost & Contract professional will oversee critical aspects of project cost management and contractual compliance. Key duties include:
- Manage end-to-end contract negotiation processes with vendors, suppliers, and subcontractors
- Develop and maintain comprehensive cost estimation models for Oil & Gas projects
- Analyze project budgets and provide accurate cost forecasting
- Ensure compliance with contractual terms and company policies
- Identify cost-saving opportunities without compromising quality or safety standards
- Coordinate with cross-functional teams including procurement, finance, and operations
- Prepare and present regular cost reports to senior management
- Review and approve payment applications and change orders
- Maintain up-to-date knowledge of industry regulations and market trends
- Resolve contractual disputes through effective negotiation and mediation
Required Skills & Qualifications
The ideal candidate will possess the following qualifications:
- Essential Skills:
- Proven experience in contractual negotiation and management
- Expertise in cost estimation and project budgeting
- Strong analytical and problem-solving abilities
- Excellent communication and interpersonal skills
- Proficiency in contract management software and MS Excel
- Knowledge of Oil & Gas industry standards and practices
- Education:
- Graduation or Diploma in Engineering, Business Administration, Quantity Surveying, or related field
- Experience:
- 3-5 years of experience in a similar role within the Oil & Gas/Petrochemical sector
- Demonstrated success in managing high-value contracts and cost control
Preferred Qualifications
- Professional certification in Contract Management or Cost Engineering
- Experience with FIDIC contracts or similar international standards
- Familiarity with UAE's Oil & Gas regulatory environment
- Bilingual proficiency (English/Arabic)
Work Environment
This position is based in Abu Dhabi City and requires on-site presence at our corporate office and project locations. The role involves:
- Regular collaboration with multinational teams
- Occasional visits to project sites and vendor facilities
- Fast-paced work environment with tight deadlines
- Opportunities for professional growth in the Oil & Gas sector
Compensation & Benefits
We offer a competitive package including:
- Annual salary of 10-15 LPA (commensurate with experience)
- Comprehensive health insurance
- Annual leave with travel allowance
- Professional development opportunities
- Performance-based bonuses
About Our Organization
We are a leading player in the Oil & Gas/Petrochemical industry with significant operations across the UAE. Our projects contribute to the nation's energy sector while maintaining the highest standards of safety, efficiency, and environmental responsibility.
How to Apply
Qualified candidates are invited to submit their updated CV along with a cover letter highlighting their relevant experience in contract management and cost estimation for the Oil & Gas sector. Shortlisted candidates will be contacted for interviews.
