Senior Cost Engineer📣 Job Ad

About the Role

AECOM is seeking a Senior Cost Engineer to join its team in Makkah, Saudi Arabia. This full-time position focuses on managing and controlling project costs for urban infrastructure and facilities development projects. The role requires a strategic approach to financial guidance and commercial management to ensure successful project delivery.

Key Responsibilities

• Develop detailed cost estimates and budgets for design and construction projects using industry-standard practices and cost management software.
• Apply comprehensive knowledge of cost estimating standards, procedures, and specifications relevant to urban infrastructure and facilities projects.
• Analyze project costs, identify variances, and implement corrective actions to maintain budget compliance and financial performance.
• Conduct cost-benefit analyses and feasibility studies to support project decision-making and strategic planning.
• Monitor and track project expenditures, prepare detailed cost reports, and communicate financial performance to stakeholders.
• Collaborate with project managers, engineers, and procurement teams to forecast costs and manage financial resources.
• Review and validate vendor quotes, contracts, and invoices for accuracy and cost optimization.
• Develop and maintain cost models, databases, and historical cost information to support future estimating and planning.
• Provide cost engineering expertise and recommendations on project profitability, financial risk mitigation, and commercial viability.
• Mentor junior cost engineers and support the development of cost management processes and best practices.
• Ensure compliance with organizational policies, industry standards, and regional regulations in all cost management activities.

Qualifications and Experience

• Bachelor's degree in Engineering or a related discipline.
• A minimum of 5 to 10 years of professional experience in cost engineering, commercial management, or project cost management.
• Demonstrated experience in design and construction projects for urban infrastructure and facilities development.
• Comprehensive knowledge of cost estimating practices, calculation methodologies, industry standards, procedures, and specifications.
• Proficiency in cost estimation, budgeting, and financial forecasting.
• Advanced knowledge of cost management software and tools (*, Primavera, SAP, or equivalent platforms).
• Proven expertise in cost control, variance analysis, and financial reporting.
• Excellent analytical and problem-solving skills with strong attention to detail.
• Proficiency in data analysis, spreadsheet modeling, and financial software applications.
• Solid understanding of engineering principles and project lifecycle management.
• Strong communication and presentation skills.
• Proven leadership experience and ability to mentor team members.
• Experience managing large-scale projects with complex cost structures.
• Familiarity with Saudi Arabia or Middle East regional business practices and regulations is preferred.
• A professional cost engineering certification or equivalent qualification is preferred.
• Fluency in English is required; Arabic language skills are advantageous.

Work Context

This role is based in Makkah, Saudi Arabia, and operates on a full-time basis. As part of AECOM's global team, you will contribute to delivering a better world by solving complex infrastructure challenges and building legacies for future generations.