Expert in Renewable Energy Project Cost Management

4 days ago

Muscat, Muscat, Oman beBeeCapitalManagement Full time 80,000 - 120,000
Job Title: Cost Estimation and Capital Management Specialist

Employers seek skilled professionals to oversee accurate capital estimation and effective cost control for renewable energy projects.

Key Responsibilities:
  • Prepare detailed capital cost estimates for renewable energy projects, including EPC, development, permitting, interconnection, contingency, and indirect costs.
  • Develop cost baselines and budgets based on feasibility studies, market benchmarks, supplier quotations, and engineering inputs.
  • Collaborate with engineering, procurement, and construction teams to refine estimates and validate assumptions.
  • Maintain and update a cost database for benchmarking purposes across technologies and geographies.
  • Support bid evaluation and commercial negotiation by providing cost breakdowns and sensitivity analyses.
Cost Control Expertise
  • Monitor project expenditures and commitments against approved budgets using cost control software or spreadsheets.
  • Track and analyze cost variances, identify risks or trends, and recommend corrective actions.
  • Conduct monthly cost forecasting and cash flow projections in coordination with finance and project management.
  • Review and validate contractor and supplier invoices and change orders to ensure cost compliance.
  • Prepare regular cost reports and dashboards for internal stakeholders, investors, and lenders.
  • Ensure compliance with project control standards, internal controls, and audit requirements.
Qualifications
  • Bachelor's degree in Engineering, Quantity Surveying, Finance, or a related field.
  • 5+ years of experience in cost estimation and control, preferably in the renewable energy or infrastructure sectors.
  • Proven experience supporting utility-scale solar, wind, or hybrid projects from development through construction.
  • Proficiency with cost management tools (e.g., SAP, Oracle, PRISM, MS Excel) and project scheduling tools (e.g., Primavera P6 or MS Project).

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