Cost engineer Jobs in Riyadh

Job Description – Senior Cost / Estimation Engineer

The Senior Cost / Estimation Engineer will be a key player in managing cost estimation, cost planning, and cost control activities across multiple projects. You will ensure accurate cost forecasting and successful project delivery.

Key Responsibilities:

• Prepare detailed cost estimates for all project phases including concept, design, tender, construction, and closeout.
• Develop and maintain project cost plans, budgets, and forecasts.
• Review and validate contractor/consultant cost estimates and proposals.
• Support tender evaluation and recommendations during procurement.
• Monitor project costs, track variations, and prepare regular cost reports.
• Perform value engineering and risk-based cost assessments.
• Coordinate with project teams to ensure integrated cost control.
• Prepare management presentations and advise senior leadership on cost-related matters.

Qualifications & Experience:

• Bachelor’s degree in civil engineering, Quantity Surveying, or related discipline.
• Minimum 10+ years in cost estimation and control, especially in a PMC/Consultancy environment.
• Strong knowledge of cost estimation techniques and construction contracts.
• Proficient in cost management software.
• Excellent analytical and problem-solving skills.
• Strong communication skills in English; Arabic is an advantage.
• Certifications like MRICS, CCP, or PMP are preferred.

Key Competencies:

• Attention to detail and accuracy.
• Strong commercial awareness.
• Ability to work under pressure and meet deadlines.
• Leadership skills to guide junior engineers.
• Strong interpersonal skills for client engagement.

Join Al Vakil Group as a Cost Control Engineer!
Al Vakil Group, a leader in manpower solutions since 1975, is seeking a skilled Cost Control Engineer to join our team in Riyadh. As a key player in our construction projects, you will ensure financial integrity and efficiency throughout the project lifecycle.

Key Responsibilities:

• Prepare the projects’ cost baseline at commencement.
• Monitor direct costs related to company resources and staff.
• Compare purchase orders/agreements against estimated costs.
• Analyze actual costs against earned value and propose corrective actions for any deviations.
• Document any cost deviations in detail.
• Verify suppliers’ and subcontractors’ payment requests.
• Assist in maximizing invoiced amounts with the project team.

Qualifications:

• Bachelor’s degree in Civil Engineering, Construction Management, or a related field.
• Minimum of 5 years of experience as a Cost Control Engineer in the construction industry, particularly in Gulf countries.
• Proficient in cost estimation, budgeting, and financial analysis.
• Strong understanding of construction project management principles.
• Familiar with industry-standard software for cost control and project management.
• Fluency in English; proficiency in Arabic is highly desirable.

If you are a detail-oriented individual with strong analytical skills and the ability to manage multiple projects, we welcome your application!

Join Bechtel as a Senior Cost Engineer
Bechtel has a rich history of delivering complex projects worldwide, and we invite you to be part of our journey. This role primarily involves coordinating with the Cost Estimation Team and leading the implementation and maintenance of project cost control systems. You will ensure accurate cost assessments and compliance with our cost control procedures.

Major Responsibilities:

• Review project documents related to cost control for allocated projects.
• Lead the review of project timesheets and man-hour allocations.
• Manage payment applications, establishing control budgets based on approved project estimates.
• Provide cost status reports and advise management on potential overruns.
• Assist in preparing and reviewing company estimates for projects.

Education and Experience Requirements:
- Bachelor's Degree in Quantity Surveying, Engineering, or related field.
- 10 to 15+ years of experience in project cost control engineering, with 5 years in a large company.
- Experience working in the KSA/GCC region is highly recommended.

Required Knowledge and Skills:

• Proven experience in project cost control and engineering.
• Knowledge of project management and construction markets.
• Familiarity with various estimating methods and principles.
• Knowledge of cost management standards.
• Proficiency in project management software including Aconex and Primavera.

Why Bechtel?
Bechtel is committed to providing a diverse and inclusive workplace where all employees feel valued and empowered. Our comprehensive benefits include opportunities for career advancement, culture enhancement, and support for personal goals. Join us and help build a legacy of sustainable growth.

Join Our Team as a Cost Engineer - Dry Utilities!
We at Parsons are looking for a talented Cost Engineer to support our operations in Riyadh. This role presents an exciting opportunity to collaborate with project managers and engineers, ensuring financial performance and strict adherence to project budgets.

Key Responsibilities:

• Establish project budgets based on scope and technical requirements.
• Monitor project costs, ensuring expenditures remain within budget.
• Review contracts and purchase orders for accurate cost structures.
• Assist in negotiations and manage vendor contracts for cost-effective delivery.
• Prepare regular cost reports, highlighting variances and trends for senior management.
• Conduct detailed cost analysis and recommend cost-saving opportunities.
• Implement cost control systems to ensure accurate reporting of project costs.

Required Qualifications:

• Graduate degree in Engineering, Quantity Surveying, Cost Engineering, or related field.
• At least 1 year of relevant experience in cost engineering or management.
• Good experience in budgeting and cost control within construction or infrastructure industries.

Desirable Skills:

• Familiarity with Earned Value Management (EVM).
• Knowledge of industry-specific standards related to cost control.
• Experience in Airport or Infrastructure projects is a plus.

Why Parsons?
We create an inclusive work environment where every employee can thrive. Join us to invest in your professional growth while benefiting from competitive compensation, health coverage, and a work-life balance that matters. Apply today and help us embrace the future of innovation and collaboration!

Join WSP: A Leading Professional Services Firm
WSP is a global engineering and professional services firm recognized for delivering innovative and sustainable infrastructure solutions. Currently, we are seeking a highly skilled Cost Estimation Engineer for a significant infrastructure development project in Riyadh.

About the Role
The Cost Estimation Engineer will play a crucial role in our cost management function. This position involves preparing, reviewing, and validating cost estimates throughout various project phases including concept, design, procurement, and execution. The ideal candidate will have substantial experience in the Middle East and familiarity with PMO environments.

Key Responsibilities

• Prepare detailed and high-level cost estimates for infrastructure works including civil, utilities, and public realm projects.
• Support PMO functions with cost benchmarking, estimation methodologies, and budget development.
• Evaluate consultant and contractor estimates, providing cost assurance and value engineering advice.
• Analyze quantity take-offs and BOQs based on design drawings and specifications.
• Collaborate with planning and engineering teams to align cost data with project schedules and WBS.
• Maintain historical cost databases and conduct market rate analyses.
• Prepare cost reports, variance analyses, and estimation updates during various design stages.
• Assist in risk analysis and contingency assessments.
• Ensure compliance with client procedures and applicable regional standards.
• Support procurement teams by reviewing tender returns and verifying cost breakdowns.

Qualifications

• Bachelor’s degree in Civil Engineering, Quantity Surveying, or a related field.
• A minimum of 10 years relevant experience in cost estimation on large-scale projects in the Middle East.
• Prior experience in a PMO environment is preferred.
• Strong understanding of cost estimation tools and benchmarking practices.
• Proficiency in tools such as Candy, CostX, or Excel.
• Familiarity with international cost estimation standards (*, AACE, RICS).
• Excellent analytical, communication, and reporting skills.
• Able to thrive in a fast-paced, multi-stakeholder environment.

Why Join Us?
Become part of a dynamic community that is passionate about making a difference. With over 69000 employees worldwide, we are dedicated to delivering innovative solutions that improve communities globally.
Imagine a better future with WSP.
Apply today!

Join WSP as a Cost Estimation Engineer!

WSP is a global engineering and professional services firm known for delivering innovative and sustainable infrastructure solutions. We are currently supporting a major infrastructure development in Riyadh to enhance our cost management function. We invite you to become part of our team as a skilled Cost Estimation Engineer with robust Middle East experience and a background in PMO environments.

Key Responsibilities:

• Prepare detailed and high-level cost estimates for infrastructure works including civil, utilities, roads, and public realm.
• Support the PMO with cost benchmarking, estimation methodologies, and budget development.
• Evaluate consultant and contractor estimates and provide cost assurance and value engineering input.
• Analyze quantity take-offs and BOQs based on design drawings and specifications.
• Collaborate with planning and engineering teams to align cost data with project schedules and work breakdown structures (WBS).
• Maintain historical cost databases, market rate analysis, and escalation indices.
• Prepare cost reports, variance analysis, and estimation updates at various design stages.
• Assist in risk analysis and contingency assessments related to cost estimation.
• Ensure compliance with client procedures, cost estimation guidelines, and applicable regional standards.
• Support procurement teams by reviewing tender returns and verifying cost breakdowns.

Qualifications:

• Bachelor’s degree in Civil Engineering, Quantity Surveying, or related field.
• Minimum 10 years of relevant experience in cost estimation, especially in large-scale infrastructure projects in the Middle East.
• Prior experience in a PMO environment is highly desirable.
• Strong understanding of cost estimation tools, market trends, and benchmarking practices.
• Proficiency in tools such as Candy, CostX, Excel, or similar cost estimation software.
• Familiarity with international cost estimation standards and methodologies (*, AACE, RICS).
• Excellent analytical, communication, and reporting skills.
• Ability to work in a fast-paced, multi-stakeholder environment with shifting priorities.

Imagine a better future for you and a better future for us all. Join our close-knit community of talented individuals who share your passion for making a positive impact. Our global team includes more than 69000 employees, working together to make a difference in communities both close to home and around the world. With us, you can. Apply today.

Join Our Dynamic Team!
Leverage your abilities and join the dynamic team of a leading Saudi company specializing in Real Estate services across the Kingdom. We are seeking a qualified Planning and Cost Control Engineer to play a crucial role in our projects.

Key Responsibilities:

• Develop and update detailed project schedules using Primavera P6 and MS Project.
• Monitor actual progress against planned timelines and highlight deviations.
• Prepare weekly and monthly project progress and performance reports.
• Coordinate with internal departments, contractors, and consultants to ensure schedule alignment.
• Track project budgets and costs to ensure financial control and efficiency.
• Analyze delays, assess impacts, and propose corrective actions.
• Support project teams with time-impact analysis and forecasting tools.

Knowledge, Skills, and Experience Required:

• Bachelor’s degree in Civil Engineering, Industrial Engineering, or a related field.
• Minimum of 5 years of experience in project planning and cost control within the construction or real estate development sectors.
• Proficient in Primavera P6, MS Project, and Excel.
• Familiar with Earned Value Management (EVM) principles.
• Strong analytical and problem-solving skills.
• Excellent communication and coordination skills.
• Certifications such as PMP, PSP, or CCP are a plus.

Join Our Team as a Cost Control Engineer!
We are looking for a highly skilled and motivated Cost Control Engineer to join alfanar, a leading company in the construction and manufacturing industry, headquartered in Riyadh, Saudi Arabia. As a key member of our dynamic team, you will play a crucial role in the planning and execution of construction projects, ensuring efficiency and financial accuracy throughout the project lifecycle.

Key Responsibilities:

• Cost Estimating, Budgeting, and Tracking: Develop and maintain project budgets, track project expenditures, and report variances to project management.
• Cost Forecasting and Control: Prepare forecasts to predict financial outcomes and recommend cost control measures.
• Change Management and Scope Control: Manage changes to project scope and document approvals.
• Performance Evaluation: Use earned value management to evaluate project performance and ensure alignment with timelines and budgets.
• HR Proficiency: Stay updated on soft and technical skills related to the job.
• Problem-Solving: Address and escalate complex operational issues.
• Quality Management: Develop effective quality control processes.
• Compliance: Adhere to policies and procedures.
• Health, Safety, and Environment: Ensure compliance with safety and environmental management procedures.

Qualifications:

• 58 years of experience in the construction field.
• Proficient in SAP System and Microsoft Office, including Power BI.
• Strong skills in cost control and project management software.
• Bachelor's Degree in Civil Engineering or any relevant field.
• Excellent analytical and communication skills.

Join Al Vakil Group as a Cost Control Engineer!
Al Vakil Group, a leader in manpower solutions since 1975, is dedicated to innovation and excellence in the industry. We are looking for a skilled Cost Control Engineer to join our team and contribute to our ongoing success in construction projects.

Qualifications:

• Bachelor’s degree in Civil Engineering, Construction Management, or related field.
• Minimum of 5 years of experience as a Cost Control Engineer in the construction industry, preferably in Gulf countries, particularly Saudi Arabia.
• Proficiency in cost estimation, budgeting, and financial analysis.
• Strong understanding of construction project management principles and practices.
• Experience in implementing and managing cost control processes and systems.
• Familiarity with industry-standard software for cost control and project management.
• Excellent communication and interpersonal skills.
• Strong analytical and problem-solving abilities with attention to detail.
• Ability to manage multiple projects in a fast-paced environment.
• Fluency in English; Arabic proficiency is highly desirable.

Responsibilities:

• Prepare the projects’ cost baseline at the project commencement.
• Monitor direct costs related to company resources and staff.
• Compare POs/agreements against estimated costs.
• Analyze actual costs against earned values.
• Propose corrective actions for cost deviations.
• Define updated estimates at completion for each work item and overall project.
• Document cost deviation details.
• Verify payment requests from suppliers/subcontractors.
• Assist project teams in maximizing invoiced amounts with clients.

If you are ready to take your career to the next level and make a significant impact in the construction industry, apply today!

Join Our Team as a Cost Engineer - Dry Utilities!
At Parsons, we harness the power of innovation to help our customers tackle their most complex challenges. We are seeking an exceptionally talented Cost Engineer to join our team in Riyadh. This is an exciting opportunity to work closely with project managers and engineers in establishing and managing project budgets while ensuring cost efficiency throughout the project lifecycle.

What You'll Be Doing:

• Establish project budgets based on scope and technical requirements.
• Monitor and track project costs to ensure expenditures remain within approved budgets.
• Review and analyze contracts to ensure they reflect accurate cost structures.
• Assist in vendor contract negotiations and monitor vendor performance.
• Prepare cost reports for senior management, including forecasts and financial statements.
• Conduct detailed cost analysis and identify cost-saving opportunities.
• Implement cost control systems and contribute to best practices in cost management.
• Mentor and train less experienced staff in cost management practices.

Required Skills:

• Graduate degree in Engineering, Quantity Surveying, Cost Engineering, Project Management, or related field.
• 1 year of relevant experience in cost engineering or management.
• Experience in cost estimation and budgeting in construction, engineering, or infrastructure.
• Familiarity with Earned Value Management (EVM) and project performance measurement systems.

What We Offer:

• Competitive pay and retirement plans.
• Paid time off and flexible holidays.
• Opportunities for personal and professional growth.
• Support for veterans and active-duty members.
• Comprehensive health benefits.

Imagine a workplace where you can be yourself and thrive. Join Parsons, where the sky’s the limit—apply today!

Join AECOM as a Cost Engineer!
We are seeking a detail-oriented and analytical Cost Engineer to join our team in Riyadh, Saudi Arabia. In this essential role, you will manage project costs, prepare estimates, and ensure financial efficiency across our construction and engineering initiatives.

Key Responsibilities:

• Develop and maintain accurate cost estimates for construction and engineering projects.
• Analyze project costs, identify potential cost overruns, and propose cost-saving measures.
• Prepare and review change orders, evaluating their financial impact on projects.
• Collaborate with project managers, engineers, and contractors to ensure cost-effective project execution.
• Monitor project budgets and track actual costs against estimates.
• Conduct cost-benefit analyses for various project alternatives.
• Prepare detailed cost reports and presentations for management and stakeholders.
• Assist in the development of project budgets and financial forecasts.
• Identify and mitigate financial risks throughout the project lifecycle.
• Contribute to the continuous improvement of cost estimation and control processes.

Qualifications:

• Bachelor's degree in Engineering, Construction Management, or a related field.
• Minimum of 10 years of experience in cost engineering or a similar role.
• Proven experience in engineering contract document review and processing change orders.
• Proficiency in cost estimation software and Microsoft Office Suite.
• Strong mathematical and analytical skills with attention to detail.
• In-depth knowledge of construction methods, materials, and industry standards.
• Familiarity with project management principles and practices.
• Excellent communication and interpersonal skills.
• Ability to work collaboratively in a team environment.
• Strong organizational skills and ability to manage multiple projects simultaneously.
• Experience with value engineering and cost optimization techniques.
• Familiarity with local construction regulations and standards in Saudi Arabia (preferred).
• Professional certification such as Certified Cost Professional (CCP) or similar (preferred).

Join our team at Waja as a Cost Engineer!
We are seeking a skilled professional to prepare cost estimates and analyze project budgets. In this role, you will be pivotal in ensuring that our projects are completed within budget and to the highest quality standards.
Key Responsibilities:

• Prepare initial and detailed cost estimates (BOQ – Bill of Quantities).
• Review contracts and technical documents (plans, specifications) to determine project scope and accurately estimate costs.
• Prepare and analyze project budgets and allocate costs to work items.
• Monitor actual project expenses and compare them with estimated costs, analyzing variances.
• Prepare periodic reports on cost status, financial risks, and potential variances.
• Coordinate with project managers, procurement departments, and financial management to ensure expenditures align with the budget.
• Participate in bidding evaluations and review contractor and supplier prices.
• Develop a pricing database for materials, labor, and equipment as a reference for future estimates.
• Contribute to implementing Earned Value Management (EVM) plans to monitor project performance.
• Propose methods to reduce costs and improve efficiency without compromising quality.

Qualifications:

• Bachelor’s degree in Engineering (Civil, Mechanical, Electrical, or related field).
• 35 years of experience in cost management or project management.
• Familiarity with cost management standards and estimation preparation.
• Good knowledge of project management software (Primavera P6 / MS Project).
• Proficient in Office Programs (especially Excel).
• Familiarity with ERP systems such as SAP or Oracle is an additional advantage.
• Strong financial analysis and technical reporting skills.
• Excellent analytical and financial skills.
• High accuracy in dealing with numbers.
• Outstanding communication skills and teamwork capability.
• Ability to work under pressure and manage multiple projects simultaneously.
• Knowledge of local and international standards for cost estimation and project management.