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 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!