You will be taken to ExxonMobil India’s own careers page to apply. Job ID 1401543800.
Job description
About us
At ExxonMobil, our vision is to lead in energy innovations that advance modern living while reducing emissions. 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.
Summary
The Cost Engineer in Procurement/Sourcing Solutions is responsible for developing accurate and comprehensive cost estimates, delivering business value analyses, and supporting procurement strategies across all project stages—from early concept through booking.
Explore opportunities
Find Your Next MNC Job
Stop checking thousands of career pages. Find MNC jobs in one place.
Find. Explore. Apply. Discover jobs from leading companies in one place and apply directly on their official career websites.
01
Discover MNC Jobs
Browse fresh opportunities from 1000+ top companies in one place.
02
Open the Opportunity
Select the job that matches your skills, location and experience.
03
Apply on Official Website
Apply directly through the company’s official career page.
The position combines deep cost engineering expertise with strong analytical, financial, and project management skills. The role ensures robust cost models, identifies value opportunities, validates realized savings entries, and drives continuous improvement in procurement performance. Collaboration with global stakeholders, Category Management, and cross-functional business partners is essential.
Key Interfaces
Procurement Categories
DAS & Oversight Teams
Sourcing Solutions Teams
Product Solutions
Finance / Controllers
External Data Providers
Cross-functional project teams
Core Responsibilities
1. Cost Engineering & Procurement Support
Develop accurate cost estimates using industry-standard methodologies (Should-Cost, TCO, indexation models, benchmarking).
Prepare and present business value opportunities, including cost reduction, cost avoidance, and competitiveness insights.
Validated Realized Savings entries and governance documentation
Business Value Opportunity reports
Category presentations, training materials, stewardship updates
Azure capacity updates
SharePoint Business Value Tracker and Realized Savings Tracker updates
Insights for category strategies and business reviews
Process Improvement documentation
Key Performance Indicators (KPIs)
Business Value Opportunities Identified ($)
Business Value Opportunities Booked ($)
Validated Realized Savings ($)
Cost Engineering Deliverables (#)
Identified vs. Booked Savings (%)
Timeliness & accuracy of reporting
Qualifications & Experience
Bachelor’s degree in Engineering, Business, Finance, or related field (Master’s preferred).
5+ years of experience, including at least 2 years in costing, financial analysis, or analytical roles.
Strong understanding of cost estimation methods, financial analysis, and procurement processes.
Demonstrated experience with project management and delivering cross-functional initiatives.
Oil & Gas / Energy industry experience preferred.
Technical & Analytical Skills
Cost estimation and financial modeling
Data analytics (Tableau, PowerBI, SQL, SharePoint)
Benchmarking and market analysis
Strong problem-solving and quantitative skills
High accuracy and attention to detail
Communication & Interpersonal Skills
Clear verbal and written communication
Ability to influence and align stakeholders
Strong relationship management
Ability to handle multiple priorities and deadlines
Experience training or mentoring others
Additional Attributes
Market awareness and ability to interpret economic trends
Adaptability to evolving business needs
High integrity, ethics, and compliance orientation
Ability to travel as required Job Group Capability
Procurement
Job Group
Strategic Sourcing
Job Role Description
This role supports Category Management and Cost Engineering activities by performing routine data analysis, developing simple cost models, and promoting integration of fundamental cost intelligence tools into category strategy development. The position combines analytical skills with procurement knowledge to facilitate category work, identify opportunities, optimize costs, and enhance decision-making processes
Job Role Responsibilities
Perform basic data analysis in support of Category Management activities
Business Analyst - Business Value administration, miscellaneous data analysis
Associate Cost Engineering:
Provide basic cost intelligence, insights, opportunity identification
Develop basic cost models reflecting purchase should cost, cost breakdown, and total cost of ownership (TCO)
Integrate tools, cost engineering methods, and benchmarking approaches into category management teams
Nothing herein is intended to override the corporate separateness of local entities. Working relationships discussed herein do not necessarily represent a reporting connection, but may reflect a functional guidance, stewardship, or service relationship.
Exxon Mobil Corporation has numerous affiliates, many with names that include ExxonMobil, Exxon, Esso and Mobil. For convenience and simplicity, those terms and terms like corporation, company, our, we and its are sometimes used as abbreviated references to specific affiliates or affiliate groups. Abbreviated references describing global or regional operational organizations and global or regional business lines are also sometimes used for convenience and simplicity. Similarly, ExxonMobil has business relationships with thousands of customers, suppliers, governments, and others. For convenience and simplicity, words like venture, joint venture, partnership, co-venturer, and partner are used to indicate business relationships involving common activities and interests, and those words may not indicate precise legal relationships.
Don’t Miss Your Next MNC JobGet job updates in our community›
