Cost Engineer📣 Job Ad

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 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!