Cost Engineer

16 hours ago


Chennai, Tamil Nadu, India Shell Full time ₹ 12,00,000 - ₹ 36,00,000 per year

What's The Role
Your role as a Projects Portfolio Cost Engineer involves remotely supporting cost control for a portfolio of small capital projects across Shell's downstream operating units. You will implement and maintain cost management structures, develop cost breakdown and work breakdown systems, and manage GSAP networks for purchase orders and reporting. Key responsibilities include monthly forecasting, variance analysis, productivity tracking, and earned value management. You'll collaborate virtually with global stakeholders, monitor contractor performance, manage changes and contingencies, and ensure accurate reporting aligned with Shell standards. The role also emphasizes safety compliance, continuous process improvement, and working across diverse cultures and time zones.

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

  • Bachelor's degree in Engineering/Technologist Degree and/or Certification as a Cost Engineer or equivalent experience.
  • 2-8 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.
  • 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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