Cost engineer Jobs in Dammam

About the Position: As a Senior Cost Control Engineer (E2) at Hill International in Dammam, you will play a vital role in developing and implementing cost control strategies that ensure effective financial management for our projects. You will be responsible for monitoring and analyzing financial data, presenting reports, and coordinating with project managers to effectively manage project costs.

Key Responsibilities:

• Develop and implement cost control strategies and procedures.
• Monitor and analyze financial data to identify cost-saving opportunities.
• Prepare and present financial reports, budget forecasts, and variance analysis.
• Coordinate with project managers to track and control project costs.
• Review and approve purchase orders and expense reports.
• Conduct regular audits of financial records.
• Train and mentor cost control staff.
• Collaborate with teams to develop cost reduction initiatives.
• Stay updated on industry trends and best practices.
• Provide guidance and support on cost control matters.
• Ensure compliance with Quality, Environmental, Safety, and Occupational Health policies.

Qualifications and Experience: To be considered for this role, you should have:

• A Bachelor’s or Master’s Degree in Accounting or Engineering.
• At least 15 years of experience in a related field.
• Extensive knowledge in project cost management.
• Excellent negotiation and communication skills in both Arabic and English.

Join Our Team as a Cost Estimator!

At Siemens Energy, we are committed to transforming the industrial sector towards a sustainable future. As a Cost Estimator, you will play a crucial role in evaluating costs associated with equipment packaged in Dammam, aligning financial goals with engineering specifications.

Your Responsibilities:

• Perform cost estimating functions and build estimates using in-house tools and historical data.
• Coordinate with stakeholders across Bid Management, Procurement, Production, Engineering, Finance, and Project Management.
• Develop and maintain cost templates and update costs based on current market conditions.
• Audit actual costs against estimates, initiating corrective actions where necessary.

What You Bring:

• Bachelor’s degree in Engineering or Finance/Accounting (Master’s is a plus).
• Minimum 3 years of experience in the Oil & Gas industry, preferably with product knowledge of Turbo Compressors.
• Proficiency in costing tools and Microsoft Office applications.
• Strong analytical skills and attention to detail.

Why Siemens Energy?
Siemens Energy promotes diversity and innovation by welcoming individuals from all backgrounds. Join us to be part of a team dedicated to decarbonization and shaping the energy landscape. Explore the opportunity to advance your career with us today!

About the Position: As a Senior Cost Control Engineer (E2) at Hill International in Dammam, you will play a vital role in developing and implementing cost control strategies that ensure effective financial management for our projects. You will be responsible for monitoring and analyzing financial data, presenting reports, and coordinating with project managers to effectively manage project costs.

Key Responsibilities:

• Develop and implement cost control strategies and procedures.
• Monitor and analyze financial data to identify cost-saving opportunities.
• Prepare and present financial reports, budget forecasts, and variance analysis.
• Coordinate with project managers to track and control project costs.
• Review and approve purchase orders and expense reports.
• Conduct regular audits of financial records.
• Train and mentor cost control staff.
• Collaborate with teams to develop cost reduction initiatives.
• Stay updated on industry trends and best practices.
• Provide guidance and support on cost control matters.
• Ensure compliance with Quality, Environmental, Safety, and Occupational Health policies.

Qualifications and Experience: To be considered for this role, you should have:

• A Bachelor’s or Master’s Degree in Accounting or Engineering.
• At least 15 years of experience in a related field.
• Extensive knowledge in project cost management.
• Excellent negotiation and communication skills in both Arabic and English.

We at Shade Co. are looking for a talented Cost Engineer to join our Projects team across the Kingdom.

Description:
The role requires preparing cost estimates for engineering projects, monitoring the budget and spending related to them. You will be responsible for collecting updated notes and reporting on project performance.

Responsibilities:

• Preparing cost estimates and forecasting cash spending for projects.
• Comparing actual progress to the plan and analyzing gaps.
• Developing work methods and keeping up with technological developments.
• Preparing, maintaining, and archiving documents and reports in accordance with approved policies.

Requirements:
Applicants should hold a bachelor's degree in any of the following disciplines:

• Accounting Information Systems
• Industrial and Systems Engineering
• Architecture
• Construction Engineering
• Water Resources Engineering

Certificates such as PMP and CNE are preferred.

Required Skills:

• Financial budget design
• Operational monitoring
• Reporting and monitoring
• Financial data and database

Work Details:

• Six working days a week
• Flexible working hours