Senior Cost Engineer📣 Job Ad

About the Role

AECOM is seeking a Senior Cost Engineer to join our team in Makkah. This full-time position focuses on managing and controlling project costs for urban infrastructure and facilities development projects. The role involves developing comprehensive cost estimates, providing strategic financial guidance, and utilizing commercial management expertise to ensure successful project delivery.

Key Responsibilities

• Develop detailed cost estimates and budgets for design and construction projects, employing industry-standard practices, methodologies, 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 for infrastructure and facilities development.
• Monitor and track project expenditures across design and construction phases, prepare detailed cost reports, and communicate financial performance to stakeholders.
• Collaborate with project managers, engineers, and procurement teams to forecast costs, manage financial resources effectively, and support commercial management objectives.
• Review and validate vendor quotes, contracts, and invoices to ensure accuracy, cost optimization, and compliance with project specifications.
• Develop and maintain cost models, databases, and historical cost information for urban infrastructure and facilities projects to support future estimating and planning.
• Provide cost engineering expertise and recommendations to senior management on project profitability, financial risk mitigation, and commercial viability.
• Mentor junior cost engineers and support the development of cost management processes, best practices, and calculation methodologies.
• Ensure compliance with organizational policies, industry standards, regional regulations, and cost estimating procedures in all cost management activities.

Qualifications and Experience

• Bachelor's degree in Engineering or a related discipline.
• A minimum of 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.
• Strong 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 with the ability to engage diverse stakeholders.
• Proven leadership experience and ability to mentor and develop 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; Arabic language skills are advantageous.

Work Location and Type

This is a full-time position based in Makkah, Saudi Arabia. The role is integral to the successful execution of urban infrastructure and facilities development projects.