Cost Engineer📣 Job Ad

Join Trading and Development Partnership as a Cost Engineer!
In this pivotal role, you will be responsible for monitoring and analyzing project costs, ensuring adherence to approved budgets, and preparing financial and technical reports related to cost tracking and efficiency improvements in projects.

Duties and Responsibilities:

• Prepare and review project cost plans and budgets.
• Monitor actual expenditures against the approved budget and identify variances.
• Analyze cost discrepancies and issue periodic reports to management.
• Review change orders and ensure their impact is reflected in the project budget.
• Prepare financial forecasts and monthly project reports.
• Coordinate with procurement, engineering, and site teams to ensure accurate financial data.
• Support management in preparing financial proposals and future project estimates.
• Contribute to the development of cost control policies and procedures.

Qualifications:

• Bachelor’s degree in Engineering (Civil/Mechanical/Electrical), Project Management, or Finance.
• Minimum of 3 years of experience in cost control or project management.
• Proficient in project management software such as Primavera P6 and MS Project.
• Strong financial analysis skills and advanced Excel proficiency.
• Valid membership in the Saudi Council of Engineers (SCE) is required.
• Excellent command of English, both spoken and written.

About the Role
Are you an experienced Cost Control Engineer with a strong background in project budgeting and financial control? We are looking for someone to take ownership of budget monitoring, cost reporting, and enforcing purchase order (PO) gatekeeping to ensure projects stay within financial targets.

Responsibilities

• Monitor and report budget vs. actual project expenditures across multiple departments.
• Act as a gatekeeper for Purchase Orders (POs) to ensure alignment with approved budgets.
• Analyze cost variances and provide actionable recommendations.
• Collaborate with project managers, procurement, and finance teams to validate spending.
• Maintain and update cost control systems and reporting tools.
• Use ERP platforms (SAP, Oracle, etc.) and Excel/Power BI to deliver accurate cost reports.

Requirements

• 6–8 years of experience in cost control within engineering, construction, or industrial projects.
• Strong knowledge of project financials and cost tracking tools.
• Proficiency in ERP systems (SAP, Oracle, or equivalent).
• Advanced Excel skills; experience with Power BI is a plus.
• Excellent analytical and communication skills.
• Fluency in English (written and verbal).

Job Announcement: Cost Estimation Engineer
Our company announces its need for a specialized engineer in the field of cost estimation and review, according to the following conditions:

• Required Qualifications and Experience:
  • Practical experience of no less than 7 years in calculating and reviewing costs and preparing estimated budgets for projects.
  • Bachelor's degree in engineering in one of the relevant disciplines.
  • Experience in developing reference methodologies for estimating and reducing costs, and creating accurate models for budget control.
  • Preference for those holding a Certified Cost Professional (CCP) certification.
  • Experience in conducting market studies and benchmarking with similar projects to ensure price accuracy, realistic estimates, and achieve cost savings.
• Required Skills:
  • Proficiency in English, both spoken and written.
  • Proficiency in using related engineering software and applications, especially: Primavera (P6 – Cost & Resource Management), Candy CCS, CostOS, MS Excel (Advanced – Pivot, Macros, Power Query).
  • Ability to prepare professional presentations and visual displays.