Cost Estimation Engineer📣 Job Ad

About the Role

Abunayyan Holding is seeking an experienced Cost Estimation Engineer to join its Commercial team in Dammam. This full-time position requires a professional with 5-10 years of experience to play a key role in preparing accurate and competitive cost estimates for various workshop services and project activities.

Role Context and Collaboration

The Cost Estimation Engineer will be responsible for developing reliable costing models, optimizing project profitability, and supporting business growth. This involves close collaboration with the Commercial, Workshop, Procurement, and Sales teams to ensure technically sound proposals and competitive pricing.

Key Responsibilities

• Prepare detailed cost estimates, cost sheets, and pricing models for workshop repairs, maintenance services, and project-based activities.
• Develop accurate costing data for commercial proposals, quotations, and tenders.
• Review technical requirements, scope of work, drawings, and specifications to determine project costs.
• Coordinate with Sales, Workshop, Procurement, and Service teams to obtain accurate cost inputs.
• Perform analytical reviews of estimated costs to ensure competitiveness and profitability.
• Monitor market trends, material pricing, labor costs, and subcontractor rates.
• Conduct cost analysis to identify opportunities for cost optimization and operational efficiencies.
• Support management in evaluating commercial risks and opportunities.
• Prepare cost estimates for the repair, overhaul, maintenance, and refurbishment of electric motors, transformers, pumps, generators, and other rotating equipment.
• Manage shutdown and turnaround project costing activities.
• Develop standard costing templates and service cost structures for workshop operations.
• Maintain accurate cost databases and historical records.
• Utilize estimation tools, software, and methodologies to improve accuracy and efficiency.
• Support the development and implementation of cost control and reporting standards.
• Contribute to continuous improvement initiatives within the commercial and workshop functions.

Qualifications and Experience

• Bachelor’s Degree in Electrical Engineering or Mechanical Engineering.
• Minimum 5 years of experience in cost estimation, commercial engineering, or project costing.
• Proven experience in costing for rotating equipment, motors, transformers, and industrial maintenance services.
• Experience in workshop repair costing, shutdowns, turnarounds, and service operations is highly preferred.

Technical Skills Required

• Cost Estimation & Cost Analysis
• Rotating Equipment Repair Costing
• Motors & Transformers Maintenance Processes
• Commercial Proposal Preparation
• Project Scheduling & Cost Planning
• Cost Optimization Techniques
• Procurement & Vendor Cost Analysis
• SAP ERP
• Microsoft Office Suite
• Microsoft Project (Preferred)

Work Location and Type

This is a full-time position based in Dammam, Eastern Region.