Cost Engineer📣 Job Ad

Join Asas Makeen as a Senior Cost Control Engineer!

We are seeking a dedicated professional to prepare detailed cost estimates, budgets, and forecasts for our construction projects. In this pivotal role, you will monitor and manage project costs, ensuring alignment with established budgets.

Key Responsibilities:

• Prepare detailed cost estimates, budgets, and forecasts for construction projects.
• Monitor and manage project costs to ensure alignment with budgets.
• Update the cost control report bi-weekly and revise it monthly to address corrective actions as needed.
• Identify and evaluate cost-saving opportunities.
• Perform regular Cost Variance Reports (CVR) to compare actual costs against forecasted values.
• Track project performance, profitability, and variances while providing actionable insights to project teams and stakeholders.
• Develop quantity release and installation curves for assigned disciplines or specialties.
• Review and approve invoice verifications for payment based on cost-loaded schedules.

Requirements & Qualifications:

• Bachelor’s degree in Civil Engineering or Architecture.
• Proficiency in Primavera is a must.
• 5+ years of experience in Construction Management.
• Excellent skills in Microsoft Office Suite (Word, Excel, and PowerPoint); experience in construction work on-site is a plus.

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 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.