Cost Engineer📣 Job Ad

Join Al Vakil Group as a Cost Control Engineer
As a leading company in manpower solutions, Al Vakil Group offers an exciting opportunity for a Cost Control Engineer. We are dedicated to innovation and excellence while empowering careers and fostering global partnerships.

Key Responsibilities:

• Prepare the projects’ cost baseline at the project commencement.
• Monitor the projects’ direct costs related to company resources and staff.
• Compare any Purchase Orders/agreements against the estimated costs.
• Analyze actual costs to date with the earned value at the same date.
• Propose corrective actions to mitigate any negative deviations from the estimated costs.
• Define updated estimates at completion for each work item and overall project.
• Document any details of cost deviations.
• Verify suppliers’/subcontractors’ payment requests.
• Collaborate with project teams to maximize client invoiced amounts.

Qualifications:

• Bachelor’s degree in Civil Engineering, Construction Management, or a related field.
• Minimum 5 years of experience as a Cost Control Engineer in the construction industry, preferably in Gulf countries.
• Proficient in cost estimation, budgeting, and financial analysis.
• Strong understanding of construction project management principles.
• Experience implementing 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.
• Fluency in English; Arabic proficiency is highly desirable.

Join Our Team as a Cost Engineer at Egis!
Are you ready to take on a pivotal role in overseeing the financial aspects of large landscape projects? At Egis, we are dedicated to creating and operating intelligent infrastructures that respond to climate challenges. This is your chance to be part of a team that makes a real difference in sustainable development.

About the Role:
As a Cost Engineer, you will be part of our Project Management Office (PMO) in Riyadh, responsible for:

• Cost Review and Analysis: Working with external consultants, reviewing Bills of Quantities (BOQs) and cost reports.
• Budget Management: Collaborating with project managers to establish and control project budgets.
• Cost Control: Implementing measures to adhere to budgetary constraints and address any cost overruns.
• Change Management: Managing changes to project specifications and their impacts on costs.
• Value Engineering: Optimizing project costs while maintaining quality standards.
• Tendering for Construction: Integrating cost-related requirements into tender documentation.
• Ad Hoc Project Cost Management: Providing cost management expertise for unique project requirements.
• Reporting and Documentation: Generating detailed financial documentation for stakeholders.
• Cost Risk Assessment: Conducting risk assessments related to project costs.

What do we need from you:
To succeed in this role, you should have:

• A Bachelor's degree in Quantity Surveying, Civil Engineering, Finance, or related field.
• Professional certification in cost management (*, Certified Cost Professional) is preferred.
• 10+ years of experience in cost management within the design or construction industry.
• Proven track record in managing costs for large landscape projects.
• Familiarity with cost estimating software and tools.

Join us at Egis and contribute to impactful projects in architecture and construction engineering!

Join Bayut as a Cost Estimation Engineer
Bayut is the number one property portal in the Kingdom, dedicated to providing the best online search experience. As a part of the Dubizzle Group, we connect millions of users across Saudi Arabia with an exceptional range of services.

Role Overview
As a Cost Estimation Engineer, you will play a crucial role in preparing accurate cost estimates for construction and development projects. Your responsibilities will span civil, structural, MEP, and finishing works, collaborating with various teams to ensure budget accuracy and identify cost-saving opportunities.

Key Responsibilities

• Prepare feasibility reports for proposed projects.
• Analyze drawings and documents to prepare quantity take-offs and cost breakdowns.
• Maintain and update a unit rate database using historical data and market research.
• Coordinate with design, procurement, and finance teams.
• Monitor actual project costs versus estimates and investigate variances.

Requirements

• Bachelor's Degree in Civil Engineering or Quantity Surveying (required).
• Minimum 5 years of experience in cost estimation in construction.
• Strong knowledge of construction methods and market pricing.
• Proficiency in cost estimation software and MS Excel.

Benefits

• Comprehensive Health Insurance.
• Rewards and recognition.
• Learning & Development opportunities.

Bayut is an equal-opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.