TS - Cost Control & Risk Engineer

Be part of the solution at Technip Energies and embark on a one-of-a-kind journey. You will be helping to develop cutting-edge solutions to solve real-world energy problems.

 

We are currently seeking a Cost Control and Risk Engineer to join our team based in Kuala Lumpur.

               

About us:

 

Technip Energies is a global technology and engineering powerhouse. With leadership positions in LNG, hydrogen, ethylene, sustainable chemistry, and CO2 management, we are contributing to the development of critical markets such as energy, energy derivatives, decarbonization, and circularity. Our complementary business segments, Technology, Products and Services (TPS) and Project Delivery, turn innovation into scalable and industrial reality.

Through collaboration and excellence in execution, our 17,000+ employees across 34 countries are fully committed to bridging prosperity with sustainability for a world designed to last.

 

About Job:

The Cost Control & Risk Engineer is responsible for managing and reporting all costs and revenues of assigned projects. The role supports the estimation of total project cost at completion, updates expected project profitability valuation, and ensures the reliability of this information.

 

The Cost Control & Risk Engineer also proactively supports the Project Manager in protecting and improving project objectives and margins through anticipation and de-risking. The role assists in monitoring all project risks (Health, Safety, Environment, Security, Technology, Engineering, Construction, Legal, Finance, etc.). Additionally, the Cost Control & Risk Engineer is responsible for implementing Risk Management processes and governance during both proposal and project execution, and is directly involved in the production of all qualitative and quantitative (cost and schedule) risk management deliverables.

 

Main Roles and Responsibilities

• To establish the initial project budget/forecast based on handover data from Proposal Department using Cost Control system.
• Responsible to update changes to the forecast based on project evolution and other risk impacts to project
• To set up Cost Control Procedures
• To produce monthly Project Cost Report and Project Management Report
• Preparation of monthly invoices to Client and follow up works (including reimbursable items)
• Cash forecast update
• To continually assess the adequacy of budgetary provision 
• Carries-out statistical and close-out reports, with a view towards improving feedback data and estimation tools on future contracts / proposals
• Complies with and implements both company and client HSE Management System objectives and procedures, as well as Quality standards and policies, and other applicable company procedures
• In tight liaison with the Proposal / Project Manager and/or Project Control Manager, in coordination with all Engineering and Construction disciplines, the Senior Risk Engineer assists the Proposal / Project Manager in managing all risks on a project (Health, Safety, Environment, Security, Technology, Engineering, Construction, Legal, Finance, etc).  He also maintains a strong interface with Cost Control, Estimating and Planning & Scheduling disciplines.

 

 

 

About you: 

 

MUST HAVE:                                                                                                        

• Bachelor's degree in Engineering, Quantity Survey or equivalent
• 3 to 4 years of experience in related field
• Proficient in English and able to communicate effectively
• Excellent in Microsoft Excel/ Word
• Solid analytical and problem-solving skills
• Ability to deal with deadlines effectively.
• Experience in the oil & gas and energy industry
• Knowledge of cost control and Risks tools
• Strong drive and initiatives

                                                                                      

                                                                                                                   

GOOD TO HAVE          

 

Your career with us 

 

Working at Technip Energies is an inspiring journey, filled with groundbreaking projects and dynamic collaborations. Surrounded by diverse and talented individuals, you will feel welcomed, respected, and engaged. Enjoy a safe, caring environment where you can spark new ideas, reimagine the future, and lead change. As your career grows, you will benefit from learning opportunities at T.EN University, such as The Future Ready Program, Graduate Program, and from the support of your manager through check-in moments like the Mid-Year Development Review, fostering continuous growth and development.

 

 What’s Next?

 

Once receiving your system application, our recruiting team will screen and match your skills, experience, and potential team fit against the role requirements. We ask for your patience as the team completes the volume of applications with reasonable timeframe. Check your application progress periodically via personal account from created candidate profile during your application. 

 

We invite you to get to know more about our company by visiting www.ten.comand follow us on LinkedIn, Instagram, Facebook, X and YouTubefor company updates.

 

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