Cost engineer Jobs in Riyadh

More than 6 Cost engineer Jobs in Riyadh. Explore detailed job descriptions, salaries, and locations. Apply and get hired today!


Category
Contract Type
Nationality

img
Cost Engineer

Cost Engineer

📣 Job AdNew

SEGULA Technologies

Part-time
Join Segula Technologies as a Cost Engineer!
Do you want to be at the forefront of innovation in the automotive industry? At Segula Technologies, we have an exciting opportunity for you to work as a Cost Engineer focusing on Automotive Commodities. Located in Riyadh, Saudi Arabia, this 12-month contract position offers the chance to collaborate cross-functionally and drive competitive product costs throughout the vehicle lifecycle.

Key Responsibilities:
  • Cost Estimation & Breakdown: Develop detailed should-cost models, including raw material costing, process costing, tooling costs, and overhead modeling.
  • Supplier Quote Analysis: Analyze RFQ submissions, compare material price variance, and conduct gap analysis.
  • Negotiation & Procurement Support: Provide cost breakdown logic during supplier negotiations and identify cost drivers.
  • Cost Reduction & VA/VE: Propose material substitutions and participate in VA/VE workshops.
  • Cross-Functional Coordination: Represent Cost Engineering in various meetings and collaborate with design and manufacturing teams.
  • PLM & Documentation: Use Teamcenter for BOM extraction and prepare structured cost reports.

Qualifications:
To be successful in this role, you should possess:
  • Strong knowledge of injection molding, stamping, and assembly processes.
  • 5+ years of automotive cost engineering experience.
  • BE/*** in Mechanical or Automotive Engineering.

Why Join Us?
Experience an amazing career with continuous learning opportunities, a supportive community, and respect for work-life balance. Be part of life at SEGULA and shape the world of tomorrow!

breifcase2-5 years

locationRiyadh

4 days ago
Cost Engineer

Cost Engineer

📣 Job AdNew

SEGULA Technologies

Full-time
Join SEGULA Technologies as a Cost Engineer!
Accelerate your career with a global engineering group that is rapidly growing. The Cost Engineer will be responsible for end-to-end cost estimation, benchmarking, supplier quote evaluation, negotiation support, and cost optimization of automotive components across various commodities. This role works cross-functionally with Engineering, Procurement, Manufacturing, Finance, and Suppliers to ensure competitive and optimized product costs throughout the lifecycle.

Key Responsibilities:
  • Cost Estimation & Breakdown
  • Prepare detailed should-cost models using raw material costing, process costing, and tooling cost models.
  • Conduct weight-based and feature-based cost calculations using CAD data.
  • Supplier Quote Analysis including material price variance and cycle time comparison.
  • Provide support during supplier negotiations.

Qualifications:
BE / *** in Mechanical or Automotive Engineering with a minimum of 5+ years of experience in the Automotive industry. Experience with SAP or Teamcenter is preferred. Candidates should have the ability to work onsite and be available for regular day shifts from Sunday to Thursday.

Why Join Us?
At SEGULA Technologies, you will have the chance to work on exciting projects, participate in training courses to ensure continuous learning, and enjoy a work environment that respects your work/life balance. Be a part of a community that listens to your ideas and values your input!

breifcase2-5 years

locationRiyadh

4 days ago
Cost Engineer

Cost Engineer

📣 Job AdNew

Abunayyan Holding

Full-time
🚀 We're Hiring: Senior Cost Control Engineer | EPC Water Projects

Are you an experienced Cost Control professional with a strong background in EPC water or infrastructure projects? Join our team and play a critical role in driving financial performance, cost efficiency, and project success.

📍 Position: Senior Cost Control Engineer
📌 Industry: EPC / Water Treatment / Infrastructure
🏢 Experience Required: 8–12 Years

🔍 Key Responsibilities
  • Analyze tender budgets and develop initial project budgets aligned with cost breakdown structures (CBS).
  • Map Cost Breakdown Structures (CBS) with Work Breakdown Structures (WBS) for accurate cost allocation.
  • Monitor and track direct and indirect project costs against approved budgets.
  • Prepare cost control reports, forecasts, and variance analyses (EAC / ETC).
  • Identify potential budget overruns and recommend mitigation strategies.
  • Conduct budget vs. actual analysis and support corrective actions to minimize financial risks.
  • Review and validate purchase requests and commitments to control project spending.
  • Support change management, cost claims, and scope variation budgets.
  • Develop and track KPIs for cost, revenue, invoicing, and project cash flow.
  • Collaborate with finance, supply chain, and project teams to optimize costs and ensure financial alignment.

🎯 Requirements
  • Bachelor’s degree in Engineering.
  • 8–12 years of experience in cost control, with at least 5 years in EPC water or infrastructure projects.
  • Strong knowledge of project cost control concepts (COGS, accruals, commitments, revenue recognition).
  • Experience with SAP or similar ERP systems.
  • Familiarity with project planning and scheduling tools.
  • Strong analytical, problem-solving, and communication skills.
  • Certifications such as CCP (Certified Cost Professional) or PMP are an advantage.

breifcase2-5 years

locationRiyadh

4 days ago
Cost Engineer

Cost Engineer

📣 Job Ad

Parsons Corporation

Full-time
Join Parsons Corporation as a Senior Cost Engineer!
In a world of possibilities, pursue one with endless opportunities. Imagine Next! At Parsons, you can imagine a career where you thrive, work with exceptional people, and be yourself.

About the Role:
Parsons is looking for an amazingly talented Senior Cost Engineer to join our team for the SOUDAH Peaks development Project.

What You'll Be Doing:
  • Preparation of benchmarking and cost analysis
  • Cost planning/estimating/budgeting/reviews and reporting
  • ROM estimate (Rough of Order of Magnitude)
  • Master Planning
  • Cost planning during all RIBA Stages (Feasibility, Pre-Concept Design, Concept Design, Schematic Design/Spatial Coordination, Detail Detailed Design/Technical Design)
  • AACE Estimate classification (Class 5 to Class 1)
  • Tender review and analysis
  • Value management
  • Cost optimization
  • Tender Price Index and economic indices
  • Superuser cost database population and quality data assurance
  • Cost reporting and forecasting

Required Skills:
  • Bachelor's Degree in Quantity Surveying or a related field
  • Typically +12 years of cost management experience within a large developer or international engineering and consulting firm
  • Comprehensive knowledge of industry business practices in cost management
  • Strong written and oral communication skills
  • Excellent interpersonal skills and a working knowledge of PC software packages typically associated with cost management
  • Extensive experience in pre-contract preparation of cost plans at all RIBA stages
  • Advanced Excel skills

Desired Skills:
  • Well-rounded quantity surveying competency with experience from inception to completion in the Middle East and KSA
  • Delivery of pre-contract and post-contract services across multiple sectors and assets
  • Proficiency in Power BI and CostX or equivalent

We truly invest in our employee’s wellbeing and provide endless growth opportunities. Imagine next and join the Parsons quest—APPLY TODAY!

breifcase2-5 years

locationRiyadh

14 days ago