Cost Engineer📣 Job Ad

Join Our Team as a Cost Engineer!

DAR Engineering is on the lookout for a highly skilled and detail-oriented Cost Engineer with a robust background in Power and Substation projects. This is an exciting opportunity to be part of our dynamic engineering team in Riyadh, Saudi Arabia. You will play a pivotal role in managing, analyzing, and controlling project costs throughout all phases of engineering and construction.

Key Responsibilities:

• Develop, review, and maintain project cost estimates for substation and power infrastructure projects.
• Prepare detailed Bills of Quantities (BOQs), cost breakdown structures, and cost reports.
• Conduct cost analysis and variance reporting to ensure projects remain within approved budgets.
• Coordinate with engineering teams to evaluate design changes and assess cost impacts.
• Support tender preparation, including bid evaluation and contractor price analysis.
• Review vendor quotations and subcontractor proposals to ensure alignment with cost targets.
• Implement effective cost control procedures, including change management and financial risk analysis.
• Prepare and present regular cost status reports to project leadership and stakeholders.

Qualifications:

• Bachelor’s degree in Engineering, Quantity Surveying, or a related field.
• Minimum 8+ years of experience in cost estimation and control for power projects.
• Proven experience in T&D infrastructure and EPC projects.
• Solid understanding of engineering design documents and construction processes.
• Excellent communication and analytical skills.

What We Offer: A competitive salary and benefits package, along with opportunities for professional development and career advancement.

Join us at DAR Engineering, where you will work alongside diverse and talented professionals committed to delivering innovative solutions. If you are looking for a challenging and rewarding career, apply now!

Join Our Team as a Cost Engineer!
A fantastic opportunity is available for a dedicated Cost Engineer at Trading and Development Partnership, based in Riyadh, Saudi Arabia. We are committed to upholding exceptional standards in project management and cost efficiency, contributing to Saudi Arabia's growth over the past 50 years.

Job Summary:
As a Cost Engineer, you will play a crucial role in monitoring and analyzing project costs, ensuring compliance with the approved budget while preparing comprehensive financial and technical reports related to cost tracking and efficiency improvements.

Duties and Responsibilities:

• Prepare and review project cost plans and budgets.
• Monitor actual expenditures against the approved budget and identify variances.
• Analyze cost discrepancies and issue periodic reports to management.
• Review change orders and ensure their impact is reflected in the project budget.
• Prepare financial forecasts and monthly project reports.
• Coordinate with procurement, engineering, and site teams to ensure accurate financial data.
• Support management in preparing financial proposals and future project estimates.
• Contribute to the development of cost control policies and procedures.

Qualifications:

• Bachelor’s degree in Engineering (Civil/Mechanical/Electrical), Project Management.
• 0-2 years of experience in cost control or project management.
• Proficient in project management software such as Primavera P6 and MS Project.
• Strong financial analysis skills and advanced Excel proficiency.
• Valid membership in the Saudi Council of Engineers (SCE) is required.
• Excellent command of English, both spoken and written.

Join Wood as a Cost Engineer and become a part of a dynamic team dedicated to supporting our Projects business. We are currently involved in a strategic project with Ma’aden to develop a new gold mine and processing facility, contributing to the Kingdom’s Vision 2030 and Ma’aden’s 2040 Strategic Objectives. This crucial role will be based in Ar Rjum, KSA.

Key Responsibilities:

• Cost Estimation and Budget Development: Prepare detailed cost estimates for all phases of the mining project including exploration, development, extraction, processing, and reclamation.
• Capital and Operating Cost Control: Monitor and control project costs related to mining equipment, infrastructure, labor, materials, and consumables.
• Financial Modeling and Feasibility Analysis: Conduct economic evaluations to assess project viability.
• Tendering and Contract Management: Assist in preparing tender documents and evaluating bids.
• Cost Tracking and Variance Analysis: Analyze variances and implement corrective actions.
• Risk and Contingency Management: Identify financial risks and develop contingency plans.
• Change Order Evaluation: Assess financial impacts of design changes and process accordingly.
• Reporting and Documentation: Prepare financial reports and forecasts for stakeholders.
• Procurement Support: Support procurement activities and ensure cost-effective purchasing.
• Regulatory and Environmental Cost Compliance: Monitor costs associated with environmental permits and compliance.
• Coordination with Multidisciplinary Teams: Collaborate closely with geologists, engineers, and project managers.

Qualifications:

• Bachelor’s degree in engineering, Quantity Surveying, or related field; Master’s Degree or advanced certifications are preferred.
• Professional certifications such as Certified Cost Engineer (CCE) or Certified Cost Professional (CCP) are advantageous.
• A minimum of 5-10 years of experience in cost estimation and management within the mining industry, particularly with gold mining projects.
• Strong analytical, problem-solving, and decision-making skills.
• Proficient with cost management software and knowledgeable about mining operations.

About Wood: We are a global leader in consulting and engineering, delivering critical solutions across energy and materials markets, employing around 35,000 people across 60 countries. We are an equal opportunity employer and value diversity in our workforce.