Cost engineer Jobs in Saudi Arabia

Job Title:
Pricing Engineer - Information Technology Sector
Job Objective:
Prepare and analyze price offers and calculate the estimated cost of projects, products, and services in the information technology sector, ensuring a balance between price competitiveness and company profitability, and supporting the sales and bidding team in winning projects.
Duties and Responsibilities:

1. Study Requests for Proposals (RFPs, RFQs) and analyze technical and financial requirements.
2. Price quantity tables for government projects.
3. Prepare pricing tables and financial offers for projects and products (devices, systems, software solutions, support and maintenance services).
4. Coordinate with technical teams (infrastructure, networks, cybersecurity, software) to understand needs and estimate required resources.
5. Communicate with suppliers and partners to obtain price quotes and compare prices and discounts.
6. Prepare cost analysis and calculate the expected profit margin for each project.
7. Contribute to the formulation of technical and financial offers and submit them on time.
8. Monitor market prices and compare competitors to update pricing strategies.
9. Ensure compliance with company policies and pricing procedures and adhere to contractual terms.
10. Support the sales team by providing data and reports related to cost and profitability.
11. Contribute to improving pricing templates and developing cost and profit calculation tools.

Qualifications and Experience:

• Computer Engineering, Information Technology, or a related field.
• Experience (3–5 years) in pricing, bidding, or cost management in the information technology field.
• Good knowledge of technical solutions (networks, cybersecurity, data centers, cloud computing, software).
• Proficiency in data preparation and analysis using Excel and other analytical tools.
• Ability to prepare clear and accurate financial reports.
• Strong negotiation skills with suppliers and partners.
• .

Personal Skills:

• High accuracy in work and attention to detail.
• Strong analytical skills.
• Ability to work under pressure and meet deadlines.
• Excellent communication and coordination skills with various teams.

• Develop and implement cost control strategies and procedures to ensure effective financial management.
• Monitor and analyze financial data to identify cost-saving opportunities and improve profitability.
• Prepare and present financial reports, budget forecasts, and variance analysis to senior management.
• Coordinate with project managers and department heads to track and control project costs.
• Review and approve purchase orders, invoices, and expense reports for compliance with company policies.
• Conduct regular audits of financial records and procedures to identify and resolve discrepancies.
• Train and mentor cost control staff to ensure they understand cost control processes.
• Collaborate with cross-functional teams to develop cost reduction initiatives and drive efficiency.
• Stay updated on industry trends, regulations, and best practices in cost control and financial analysis.
• Provide guidance to the finance team on cost control matters.

• Bachelor/Master Degree in Accounting or Engineering from an accredited university.
• Minimum of 15 years of experience in related fields on national/international initiatives.
• Extensive knowledge and experience in project cost management.
• Ability to present budgeting plans to senior management.
• Fluency in Arabic and English is essential.

• Coordinate the technical development of the inspection program.
• Ensure adherence to international standards and alignment with SIO's objectives.
• Lead the development of inspection documents and manuals for various facilities.
• Oversee project progress and financial expenditures.
• Support project managers with schedule and cost reporting.

• A Bachelor's degree in Civil Engineering, Project Management, or a related field.
• 8 to 15 years of experience in value engineering and cost management.
• A proven track record in developing inspection documents for industrial facilities.
• Experience with Primavera/MSP is preferred.

• Develop comprehensive schedules and establish cost baselines.
• Oversee project progress and financial expenditures, generating forecasts as needed.
• Support the project manager with schedule and cost reporting.

• Bachelor's degree in Civil Engineering, Project Management, or a related field.
• A minimum of 8 to 15 years of relevant experience in value engineering and cost management.
• Proven track record in developing inspection documents and manuals for industrial facilities.
• Familiarity with Primavera/MSP is preferred.

• Coordinate the technical development of the inspection program.
• Ensure adherence to international standards and alignment with SIO's objectives.
• Lead the development of inspection documents and manuals for various facilities.
• Oversee project progress and financial expenditures.
• Support project managers with schedule and cost reporting.

• A Bachelor's degree in Civil Engineering, Project Management, or a related field.
• 8 to 15 years of experience in value engineering and cost management.
• A proven track record in developing inspection documents for industrial facilities.
• Experience with Primavera/MSP is preferred.

• Develop comprehensive schedules and establish cost baselines.
• Oversee project progress and financial expenditures, generating forecasts as needed.
• Support the project manager with schedule and cost reporting.

• Bachelor's degree in Civil Engineering, Project Management, or a related field.
• A minimum of 8 to 15 years of relevant experience in value engineering and cost management.
• Proven track record in developing inspection documents and manuals for industrial facilities.
• Familiarity with Primavera/MSP is preferred.

• Manage project control teams for multiple assignments.
• Consult on project cost estimation and forecasting issues, providing expert evaluations.
• Benchmark cost and schedule for upstream oil and gas projects.

• 12+ years of relevant industry experience, with a minimum of 8 years in project cost estimation for engineering, procurement, and construction in major Oil & Gas/Petrochemical projects.
• Prior experience in project control management and understanding of contracting types and execution strategies.
• Proficiency in MS Office applications and knowledge of Primavera P6.

• Bachelor’s Degree in Engineering in a relevant field.
• A track record of significant experience in project cost estimation and management.

• Develop and implement cost control strategies and procedures to ensure effective financial management.
• Monitor and analyze financial data to identify cost-saving opportunities and improve profitability.
• Prepare and present financial reports, budget forecasts, and variance analysis to senior management.
• Coordinate with project managers and department heads to track and control project costs.
• Review and approve purchase orders, invoices, and expense reports for compliance with company policies.
• Conduct regular audits of financial records and procedures to identify and resolve discrepancies.
• Train and mentor cost control staff to ensure they understand cost control processes.
• Collaborate with cross-functional teams to develop cost reduction initiatives and drive efficiency.
• Stay updated on industry trends, regulations, and best practices in cost control and financial analysis.
• Provide guidance to the finance team on cost control matters.

• Bachelor/Master Degree in Accounting or Engineering from an accredited university.
• Minimum of 15 years of experience in related fields on national/international initiatives.
• Extensive knowledge and experience in project cost management.
• Ability to present budgeting plans to senior management.
• Fluency in Arabic and English is essential.

• Develop and manage detailed project cost estimates and budgets.
• Monitor ongoing project costs, track expenditures, and identify variances.
• Conduct risk assessments and provide financial analysis to teams for effective decision-making.
• Assist in the preparation of project bids and submit detailed cost analysis reports.
• Collaborate with project managers and stakeholders to implement cost control measures.
• Review and validate contractor and vendor invoices against project deliverables.
• Maintain comprehensive documentation on all financial transactions related to projects.
• Prepare and present reports to management regarding project budgets and financial forecasts.

• Bachelor’s degree in Engineering, Finance, or a related field.
• 5+ years of experience in cost engineering or a similar financial role.
• Proficient in cost estimation techniques and project cost management.
• Strong analytical and quantitative skills with a keen attention to detail.
• Familiarity with project management software and financial systems.
• Excellent communication and teamwork skills.
• Ability to work under tight deadlines and manage multiple projects simultaneously.
• Previous experience in the Oil & Gas sector is a plus.

• Bachelor’s Degree in Engineering or related field.
• Minimum of 10 years of experience in cost control and project budgeting.
• Experience in SEC projects is mandatory.
• Proficient in Primavera P6 and advanced MS Excel.
• Strong coordination and reporting skills.

• Develop and manage detailed project cost estimates and budgets.
• Monitor ongoing project costs, track expenditures, and identify variances.
• Conduct risk assessments and provide financial analysis to teams for effective decision-making.
• Assist in the preparation of project bids and submit detailed cost analysis reports.
• Collaborate with project managers and stakeholders to implement cost control measures.
• Review and validate contractor and vendor invoices against project deliverables.
• Maintain comprehensive documentation on all financial transactions related to projects.
• Prepare and present reports to management regarding project budgets and financial forecasts.

• Bachelor’s degree in Engineering, Finance, or a related field.
• 5+ years of experience in cost engineering or a similar financial role.
• Proficient in cost estimation techniques and project cost management.
• Strong analytical and quantitative skills with a keen attention to detail.
• Familiarity with project management software and financial systems.
• Excellent communication and teamwork skills.
• Ability to work under tight deadlines and manage multiple projects simultaneously.
• Previous experience in the Oil & Gas sector is a plus.

• Prepare comprehensive cost estimates and budgets for projects.
• Monitor and control project costs and financial performance.
• Conduct cost analysis and generate regular financial reports.
• Collaborate with project teams to implement cost-effective practices.
• Review and validate contractor invoices and change orders.
• Assist in financial forecasting and risk analysis.
• Identify cost-saving opportunities and provide actionable recommendations.

• Bachelor's Degree in Engineering, Finance, or a related field.
• 1-3 years of experience in cost engineering or a similar role.
• Strong understanding of cost estimation, budgeting, and cost control methodologies.
• Proficiency in relevant software and Microsoft Excel.
• Excellent analytical and problem-solving abilities.
• Strong communication and teamwork skills.
• Experience in the Oil & Gas or Construction industry is preferred.

• Analyze project plans, specifications, and contracts to determine project costs.
• Create accurate cost estimates and budgets for projects.
• Monitor and track project expenses, providing regular cost reports.
• Identify cost-saving opportunities and propose value engineering solutions.
• Collaborate with project teams to develop cost control strategies.
• Review and approve contractor invoices and change orders.
• Ensure compliance with contract terms and conditions.

• Bachelor's degree in Engineering, Construction Management, or a related field.
• Experience as a Cost Engineer or in a similar role.
• Strong knowledge of cost estimating, budgeting, and cost control principles.
• Proficiency in cost management software and MS Office Suite.
• Excellent analytical and problem-solving skills.
• Strong communication and interpersonal skills.
• Detail-oriented and able to work under pressure to meet deadlines.
• Experience in the Oil & Gas or Construction industry is a plus.

• Develop and manage detailed project cost estimates and budgets.
• Monitor ongoing project costs, track expenditures, and identify variances.
• Conduct risk assessments and provide financial analysis to teams for effective decision-making.
• Assist in the preparation of project bids and submit detailed cost analysis reports.
• Collaborate with project managers and stakeholders to implement cost control measures.
• Review and validate contractor and vendor invoices against project deliverables.
• Maintain comprehensive documentation on all financial transactions related to projects.
• Prepare and present reports to management regarding project budgets and financial forecasts.

• Bachelor’s degree in Engineering, Finance, or a related field.
• 5+ years of experience in cost engineering or a similar financial role.
• Proficient in cost estimation techniques and project cost management.
• Strong analytical and quantitative skills with a keen attention to detail.
• Familiarity with project management software and financial systems.
• Excellent communication and teamwork skills.
• Ability to work under tight deadlines and manage multiple projects simultaneously.
• Previous experience in the Oil & Gas sector is a plus.

• Bachelor’s Degree in Engineering or related field.
• Minimum of 10 years of experience in cost control and project budgeting.
• Experience in SEC projects is mandatory.
• Proficient in Primavera P6 and advanced MS Excel.
• Strong coordination and reporting skills.

• Manage project control teams for multiple assignments.
• Consult on project cost estimation and forecasting issues, providing expert evaluations.
• Benchmark cost and schedule for upstream oil and gas projects.

• 12+ years of relevant industry experience, with a minimum of 8 years in project cost estimation for engineering, procurement, and construction in major Oil & Gas/Petrochemical projects.
• Prior experience in project control management and understanding of contracting types and execution strategies.
• Proficiency in MS Office applications and knowledge of Primavera P6.

• Bachelor’s Degree in Engineering in a relevant field.
• A track record of significant experience in project cost estimation and management.

• Develop comprehensive cost estimates and budgets using industry-standard practices.
• Apply knowledge of cost estimating standards relevant to urban infrastructure projects.
• Analyze project costs, identify variances, and implement corrective actions.
• Conduct cost-benefit analyses to support decisions and strategic planning.
• Monitor expenditures, prepare detailed cost reports, and communicate financial performance.
• Collaborate with project managers and procurement teams to forecast costs and manage resources.
• Review vendor quotes, contracts and invoices for accuracy and compliance.
• Develop and maintain cost models and historical cost information.
• Provide cost engineering expertise to senior management.
• Mentor junior cost engineers in the development of best practices.
• Ensure compliance with all cost management activities and organizational policies.

• Bachelor's degree in Engineering or related discipline.
• Minimum 10 years of experience in cost engineering or project cost management.
• Experience in design and construction projects for urban infrastructure development.
• Strong knowledge of cost estimating practices and financial forecasting.
• Proficiency in cost management software (*, Primavera, SAP) and analysis tools.
• Excellent analytical and problem-solving skills.
• Solid understanding of engineering principles and project lifecycle management.
• Strong communication and leadership skills.
• Familiarity with Saudi Arabian or Middle East regulations (preferred).
• Professional cost engineering certification (preferred).
• Fluency in English; Arabic skills are advantageous.