Our client a major Oil& Gas company is looking to hire a Costing Specialist (Valves) to be based in their Manufacturing facility in Al Khobar, Saudi Arabia.
Requirements
- Provide costing during the quotation phase to meet expiry dates defined by customers
- Costing review in case the customer’ changes/modifications
- Updating and implementation of valves costs/prices lists used by the Sales Department/Tendering Team
- Estimates of budgetary/firm costs analysis
- Interface with Purchasing Department to evaluate materials price and external machining trend
- Constant interface with Application Engineers, Designers, Production, Procurement, Project Management and Tendering Teams
- Preparation of valve cost baseline in case of order receipt
- Use of CAD / Inventor (base knowledge)
- Analyse all cost components for valves, including raw materials, labour, overheads, and indirect costs.
- Develop accurate cost models and calculations for new and existing products
- Work closely with Finance, SC, Engineering, PMO and production teams to gather relevant cost data
- Prepare costing sheets and price breakdowns to support commercial bids and quotations of the Tendering Team
- Ensure all cost estimates comply with company policies, customer requirements, and relevant accounting standards
- Review and optimize costing methodologies to identify savings or efficiency improvements
- Provide cost recommendations and advice to management for pricing strategy and profitability analysis
- Participate in bid review meetings, defend costing assumptions, and respond to customer queries on cost structure
- Maintain up-to-date costing records and document all significant assumptions or changes
Qualifications:
- 3-5 years of experience with Valves costing in the Oil & Gas industry
- Bachelor's Degree