img
Contract TypeContract TypeFull-time
Workplace typeWorkplace typeOn-site
LocationLocationRiyadh
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!

Requirements

  • Requires 2-5 Years experience

Similar Jobs

Cost Engineer

📣 Job AdNew

WSP

Full-time
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.

breifcase2-5 years

locationRiyadh

about 7 hours ago

Cost Engineer

📣 Job AdNew

the lighthouse

Full-time
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.

breifcase2-5 years

locationRiyadh

about 7 hours ago