Cost Engineer📣 Job Ad

Job Description – Senior Cost / Estimation Engineer

The Senior Cost / Estimation Engineer will be a key player in managing cost estimation, cost planning, and cost control activities across multiple projects. You will ensure accurate cost forecasting and successful project delivery.

Key Responsibilities:

• Prepare detailed cost estimates for all project phases including concept, design, tender, construction, and closeout.
• Develop and maintain project cost plans, budgets, and forecasts.
• Review and validate contractor/consultant cost estimates and proposals.
• Support tender evaluation and recommendations during procurement.
• Monitor project costs, track variations, and prepare regular cost reports.
• Perform value engineering and risk-based cost assessments.
• Coordinate with project teams to ensure integrated cost control.
• Prepare management presentations and advise senior leadership on cost-related matters.

Qualifications & Experience:

• Bachelor’s degree in civil engineering, Quantity Surveying, or related discipline.
• Minimum 10+ years in cost estimation and control, especially in a PMC/Consultancy environment.
• Strong knowledge of cost estimation techniques and construction contracts.
• Proficient in cost management software.
• Excellent analytical and problem-solving skills.
• Strong communication skills in English; Arabic is an advantage.
• Certifications like MRICS, CCP, or PMP are preferred.

Key Competencies:

• Attention to detail and accuracy.
• Strong commercial awareness.
• Ability to work under pressure and meet deadlines.
• Leadership skills to guide junior engineers.
• Strong interpersonal skills for client engagement.

Join Bechtel as a Senior Cost Engineer
Bechtel has a rich history of delivering complex projects worldwide, and we invite you to be part of our journey. This role primarily involves coordinating with the Cost Estimation Team and leading the implementation and maintenance of project cost control systems. You will ensure accurate cost assessments and compliance with our cost control procedures.

Major Responsibilities:

• Review project documents related to cost control for allocated projects.
• Lead the review of project timesheets and man-hour allocations.
• Manage payment applications, establishing control budgets based on approved project estimates.
• Provide cost status reports and advise management on potential overruns.
• Assist in preparing and reviewing company estimates for projects.

Education and Experience Requirements:
- Bachelor's Degree in Quantity Surveying, Engineering, or related field.
- 10 to 15+ years of experience in project cost control engineering, with 5 years in a large company.
- Experience working in the KSA/GCC region is highly recommended.

Required Knowledge and Skills:

• Proven experience in project cost control and engineering.
• Knowledge of project management and construction markets.
• Familiarity with various estimating methods and principles.
• Knowledge of cost management standards.
• Proficiency in project management software including Aconex and Primavera.

Why Bechtel?
Bechtel is committed to providing a diverse and inclusive workplace where all employees feel valued and empowered. Our comprehensive benefits include opportunities for career advancement, culture enhancement, and support for personal goals. Join us and help build a legacy of sustainable growth.

Join Our Team as a Cost Engineer - Dry Utilities!
We at Parsons are looking for a talented Cost Engineer to support our operations in Riyadh. This role presents an exciting opportunity to collaborate with project managers and engineers, ensuring financial performance and strict adherence to project budgets.

Key Responsibilities:

• Establish project budgets based on scope and technical requirements.
• Monitor project costs, ensuring expenditures remain within budget.
• Review contracts and purchase orders for accurate cost structures.
• Assist in negotiations and manage vendor contracts for cost-effective delivery.
• Prepare regular cost reports, highlighting variances and trends for senior management.
• Conduct detailed cost analysis and recommend cost-saving opportunities.
• Implement cost control systems to ensure accurate reporting of project costs.

Required Qualifications:

• Graduate degree in Engineering, Quantity Surveying, Cost Engineering, or related field.
• At least 1 year of relevant experience in cost engineering or management.
• Good experience in budgeting and cost control within construction or infrastructure industries.

Desirable Skills:

• Familiarity with Earned Value Management (EVM).
• Knowledge of industry-specific standards related to cost control.
• Experience in Airport or Infrastructure projects is a plus.

Why Parsons?
We create an inclusive work environment where every employee can thrive. Join us to invest in your professional growth while benefiting from competitive compensation, health coverage, and a work-life balance that matters. Apply today and help us embrace the future of innovation and collaboration!