Cost Engineer📣 Job Ad

Join Bechtel as a Cost Engineer
Are you ready to take on exciting challenges in one of the world's leading engineering firms? Bechtel has been at the forefront of major projects for over 120 years, and we're looking for dynamic individuals to join our talented team.

About the Role
As a Cost Engineer at Bechtel, you will play a critical role in ensuring that our projects stay within budget through effective cost estimating, analysis, and management. This position involves collaboration across various project disciplines for a major infrastructure initiative based in Riyadh, Saudi Arabia.

Key Responsibilities

• Perform routine cost estimating, analysis, and control activities.
• Support the implementation of cost monitoring and control standards.
• Assist with budget allocation and reporting for specific construction disciplines.
• Prepare cost data for proposals or contracts.
• Assist in the development of quantity takeoffs and project codes.
• Support project trend programs and the application of cost rates.

Qualifications
Applicants should possess a bachelor’s degree or international equivalent, with 25 years of relevant experience or 69 years of equivalent work experience. Previous experience in client representation or project management roles is preferred. Familiarity with software applications like Primavera and Microsoft Office is essential.

Rewarding Your Talents
Bechtel offers robust benefits and total rewards to ensure our employees thrive and grow. Join us and contribute to inspiring projects while building a legacy of sustainable growth.

Job Summary:
We are seeking an experienced, thorough, and insightful cost controller to oversee cost management for our entire company. In this role, you will work collaboratively with various department managers to analyze costs, assess vendor relationships, and maximize profitability. To succeed in this position, you will demonstrate an aptitude for efficiency, problem-solving, and resourcefulness, with a deep commitment to the bottom line without compromising quality.

Duties and Responsibilities:

• Monitoring and updating cost estimates for projects to ensure that costs are within expected ranges.
• Preparing and analyzing comparisons of scope, quantities and cost data between the project forecasts and the budgets.
• Organize, monitor, and control project costs and will define project needs for cost control in accordance with contractual requirements, objectives, and Company procedures.
• Coordinating with other departments such as human resources, payroll, accounting, and finance to ensure that all costs are accurately tracked.
• Ensure that all project commitments are accurately reported and will maintain updated final project forecasts and expenditure forecasts.
• Proactively advise management when forecasted costs exceed the approved budget and will recommend corrective actions.
• Able to use statistical tools to analyze cost metrics and perform risk analysis.
• Attending project meetings and discussions with the external clients if needed.
• Analyze cost reports and extract required data for management reporting.
• Prepare and report cost engineering information on a monthly basis and when required for management.
• Identifying the critical areas and informing the management regarding delays in the project.
• Coordinate and work with the project management team to resolve project issues to ensure the delivery/completion of the project work.
• Provides all cost engineering expertise and coordinates activities as group/unit leader as required in preparation of cost portion of the engineering, procurement, and construction contracts.
• Reviews and analyzes all claims and Change Orders on project contracts.
• Participates in the negotiation of project contracts as required.

Requirements:

• 168 years of experience in costing and budgeting especially from oil and gas sector.
• 2ERP - Microsoft Dynamics AX 365.
• Excellent Project management skills.
• Managerial Ability.
• Good in planning.
• Good in risk forecasting.
• Outstanding communication skills, both written and verbal.
• To be advanced in preparation.
• Very professional dealing with client and employees.
• Analytical.
• Able to meet deadlines.
• Work oriented.
• Strong management and prioritization skills.
• Creative thinking skills and ability to solve problems.
• To be familiar with equipment’s operation which are used in plant.
• Pleasing personality.
• Work committed.
• Punctual.
• Good listener.
• Solution finder.

Join Our Team as a Senior Cost Engineer
Parsons is seeking an exceptionally skilled Senior Cost Engineer to become a vital part of our team in managing cost performance, reporting accuracy, and ensuring financial compliance on a large infrastructure project.

Key Responsibilities:

• Prepare and review detailed project cost estimates throughout various design and execution phases.
• Assist in developing baseline budgets and cost plans aligned with project scope.
• Track expenditures against approved budgets, highlighting variances.
• Update cost forecasts based on actual performance.
• Coordinate with various teams to ensure accurate documentation of any changes.
• Produce periodic cost reports illustrating actual vs. forecasted expenditures.
• Provide insights into procurement strategies and assist in payment schedules.

Required Qualifications:

• Bachelor’s degree in relevant fields such as Quantity Surveying or Civil Engineering.
• 10 years of experience in cost engineering or related fields.
• Proficiency in cost control systems and project monitoring tools.
• Strong analytical skills and familiarity with financial reporting.
• Experience with infrastructure megaprojects is a plus.

Join us at Parsons where your contributions are valued and every day brings new opportunities for growth. Apply today to become an integral part of our mission.