Cost Engineering Analyst

Location:

Bangalore, KA, IN

Company: ExxonMobil

About us

At ExxonMobil, our vision is to lead in energy innovations that advance modern living and a net-zero future. As one of the world’s largest publicly traded energy and chemical companies, we are powered by a unique and diverse workforce fueled by the pride in what we do and what we stand for.

The success of our Upstream, Product Solutions and Low Carbon Solutions businesses is the result of the talent, curiosity and drive of our people. They bring solutions every day to optimize our strategy in energy, chemicals, lubricants and lower-emissions technologies.

We invite you to bring your ideas to ExxonMobil to help create sustainable solutions that improve quality of life and meet society’s evolving needs. Learn more about our What and our Why and how we can work together.

Whar role you will play in team

The Cost Engineer Team is excited to welcome two new positions: Cost Engineer, and Cost Engineering Analyst. These positions will be located in the Bengaluru Global Business Center (GBC) but will report to the Cost Engineering Manager located in Houston. In your roles, you'll be responsible for supporting Commercial teams in Europe and Asia Pacific with cost and market intelligence, which is crucial to helping the organization achieve its Business Value goals. We believe your skills in cost management will be a great asset to our team and to Commercial.
You'll also be working closely with each other, the Sr. Technical Lead in Houston, and other members of the Cost Engineering Team (7 others in total spread out in different locations). We have a comprehensive onboarding program that includes various trainings and accesses to software, and a mentor will be assigned as your go-to person for any questions, so we expect that you should be able to get up to speed and start contributing rather quickly.

What you will do

Becomes knowledgeable with assigned commercial categories
Analyzes subcategories’ compensations structures & transaction data
Builds appropriate cost models and applies cost intel for each subcategory
Develops cost estimates on price subcomponent level (“should cost”)
Analyzes changes in processes to calculate effects on overall costs (TCO)
Identifies BV opportunities and provides negotiation leverage
Researches the market and engages various suppliers as needed
Collaborates with agreement owners and other analysts on OppID
Informs decision-making process related to commercial action plans
Refreshes existing cost models with updated market data
Assists with team operations as needed (KPI calculations, etc.)
Prepares and presents weekly and monthly progress reports

About you

Required Skills and Qualification:

Bachelor’s degree in Data Science/ Analytics, MS in Engineering, Supply Chain.
Strong background in SAP and experience using analytical and data visualization tools
Extensive Cost Engineering/ Modelling experience in Oil & Gas and related industries
Analyzes subcategories’ compensations structures & transaction data
Builds appropriate cost models and applies cost intel for each subcategory
Develops cost estimates on price subcomponent level (“should cost”)
Analyzes changes in processes to calculate effects on overall costs (TCO)
Target Companies: O&G Client companies

Preferred knowledge, skills & abilities:

Good analytical/presentation skills with ability to consolidate info/ results
Project management skills
Ability to identify and quickly solve problems
Drive to ensure fast pace and progress according to plans
Mindset to embrace change
Makes sound decisions considering and managing risks

Your benefits

An ExxonMobil career is one designed to last. Our commitment to you runs deep: our employees grow personally and professionally, with benefits built on our core categories of health, security, finance and life. We offer you:

Competitive compensation
Medical plans, maternity leave and benefits, life, accidental death and dismemberment benefits
Retirement benefits
Global networking & cross-functional opportunities
Annual vacations & holidays
Day care assistance program
Training and development program
Tuition assistance program
Workplace flexibility policy
Relocation program
Transportation facility

Please note benefits may change from time to time without notice, subject to applicable laws. The benefits programs are based on the Company’s eligibility guidelines.

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