Cost engineer Jobs in Saudi Arabia

Eram Talent is searching for an experienced Cost Engineer specializing in Oil & Gas projects to join our dynamic team in Saudi Arabia. This role is crucial in ensuring that project financials are managed effectively, overseeing budgets, cost control, and financial forecasting throughout the project lifecycle.

Responsibilities:

• Develop detailed project cost estimates and budget proposals for Oil & Gas projects.
• Monitor and track project expenses, ensuring strict adherence to budgetary constraints.
• Analyze costs and provide regular financial reports to project managers and stakeholders.
• Identify potential cost-saving opportunities and implement effective cost control measures.
• Assist in reviewing and processing invoices and change orders from contractors and vendors.
• Coordinate with project teams to ensure financial compliance and effective resource allocation.
• Prepare periodic cost forecasts and performance evaluations for ongoing projects.

Requirements:

• Bachelor in Business Administration or Bachelor Degree in Engineering.
• A minimum of 10 years of experience in cost engineering specifically within the Oil & Gas sector.
• In-depth knowledge of cost estimation practices, budgeting, and financial reporting.
• Strong proficiency with cost management software and advanced Microsoft Excel skills.
• Excellent analytical and problem-solving capabilities.
• Effective communication and interpersonal skills with the ability to interact with multiple stakeholders.
• Demonstrated ability to work both independently and within a team environment.
• Experience working in Saudi Arabia or the Middle East is preferred.

Join Our Team as a Scheduling Engineer - Cost Engineer!
At JAL International Co. Ltd., a leader in the services and contracting industry, we're seeking an experienced Scheduling Engineer - Cost Engineer to enhance our operational effectiveness. This role offers a unique opportunity to contribute to significant industrial and infrastructural development in Saudi Arabia.

Key Responsibilities:

• Develop various classes of estimates, budgeting, CAPEX, forecasting, and cost control.
• Process invoices and cost estimating.
• Manage LSTK contract procurement and administration.

Qualifications:

• Bachelor's Degree in Business Administration or Engineering.
• Over 10 years of experience in a related field.
• Preferred certifications: Certified Cost Professional, AACE, PMP-PMI.

Skills:

• Familiarity with SAP applications and MS-Office (Excel, Word, PowerPoint, Access).
• Knowledge of scheduling software such as Primavera and Microsoft Project.

Join us in shaping the future of industrial development in Saudi Arabia! Apply today.

Join Our Team as a Scheduling Engineer - Cost Engineer!
At JAL International Co. Ltd., a leader in the services and contracting industry, we're seeking an experienced Scheduling Engineer - Cost Engineer to enhance our operational effectiveness. This role offers a unique opportunity to contribute to significant industrial and infrastructural development in Saudi Arabia.

Key Responsibilities:

• Develop various classes of estimates, budgeting, CAPEX, forecasting, and cost control.
• Process invoices and cost estimating.
• Manage LSTK contract procurement and administration.

Qualifications:

• Bachelor's Degree in Business Administration or Engineering.
• Over 10 years of experience in a related field.
• Preferred certifications: Certified Cost Professional, AACE, PMP-PMI.

Skills:

• Familiarity with SAP applications and MS-Office (Excel, Word, PowerPoint, Access).
• Knowledge of scheduling software such as Primavera and Microsoft Project.

Join us in shaping the future of industrial development in Saudi Arabia! Apply today.

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.

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 Parsons as a Senior Cost Estimation Engineer!
At Parsons, we envision a career where you can thrive among intelligent and diverse individuals sharing a common quest. We are looking for an experienced Senior Cost Estimation Engineer to contribute to best practices and operational performance.

Key Responsibilities:

• Create and implement cost estimating visions, strategies, policies, processes, and procedures.
• Make accurate project cost estimates ranging from Class 5 to Class 1.
• Direct and analyze cost estimating, control processes.
• Plan, organize, perform, review, and present cost engineering and cost estimating outputs.

Required Skills:

• Bachelor’s degree in quantity surveying, engineering, or cost engineering.
• Minimum of 18 years’ experience in estimating/project controls on large projects.
• Excellent communication skills in Arabic and English.
• Proficiency in Microsoft Office applications.

Desired Skills:

• Expertise in estimating, cost planning, and budget requests.
• Knowledge of AACE Estimate Classifications.
• Experience in healthcare field comprehension and general business techniques.

We value representation in our workforce and encourage all qualified candidates to apply. For concerns about recruitment fraud, please refer to our official page.

Join Dar Al Riyadh as a Cost Engineer!
We are seeking a highly skilled and motivated individual to develop and maintain project budgets, cost estimates, and forecasts. As part of our team, you will monitor project expenditures and ensure costs remain within approved budgets, while also analyzing cost variances and recommending corrective actions.

Key Responsibilities:

• Prepare, review, and negotiate contracts, subcontracts, and change orders, ensuring compliance with contract terms.
• Manage contract documentation, including bid proposals and modifications, while evaluating contractor performance.
• Identify potential cost risks and develop mitigation strategies through risk assessments.
• Coordinate with procurement teams for timely acquisition of project materials and services.
• Implement and maintain project cost control systems, ensuring alignment with financial objectives.
• Liaise with clients and stakeholders for effective communication and project alignment.

Minimum Requirements:

• Bachelor’s degree in Engineering, Construction Management, Quantity Surveying, or a related field.
• Minimum of 5 years’ experience in cost management and contract administration in the construction industry.
• Professional certifications like RICS, AACE, or PMP are desirable.
• Strong knowledge of cost control principles and excellent understanding of contract law.
• Proficiency in cost management software and advanced skills in MS Office Suite, particularly Excel.

Become a part of our team at Dar Al Riyadh, a well-established company in the construction sector since 1975!

Join Eram Talent as a Cost Engineer!
This is an exciting opportunity for a skilled and detail-oriented Cost Engineer to be part of our team in Dhahran, Eastern Province, Saudi Arabia. In this role, you will be responsible for providing accurate cost assessments for various projects, ensuring that financial objectives are met while maintaining compliance with established standards.

Responsibilities:

• 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.

Requirements:

• Bachelor's Degree in Engineering, Finance, or a related field.
• 13 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.

Join Al Vakil Group as a Cost Control Engineer!
Al Vakil Group, a leader in manpower solutions since 1975, is seeking a skilled Cost Control Engineer to join our team in Riyadh. As a key player in our construction projects, you will ensure financial integrity and efficiency throughout the project lifecycle.

Key Responsibilities:

• Prepare the projects’ cost baseline at commencement.
• Monitor direct costs related to company resources and staff.
• Compare purchase orders/agreements against estimated costs.
• Analyze actual costs against earned value and propose corrective actions for any deviations.
• Document any cost deviations in detail.
• Verify suppliers’ and subcontractors’ payment requests.
• Assist in maximizing invoiced amounts with the project team.

Qualifications:

• Bachelor’s degree in Civil Engineering, Construction Management, or a related field.
• Minimum of 5 years of experience as a Cost Control Engineer in the construction industry, particularly in Gulf countries.
• Proficient in cost estimation, budgeting, and financial analysis.
• Strong understanding of construction project management principles.
• Familiar with industry-standard software for cost control and project management.
• Fluency in English; proficiency in Arabic is highly desirable.

If you are a detail-oriented individual with strong analytical skills and the ability to manage multiple projects, we welcome your application!

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 Worley as a Senior Cost Engineer
We are a global professional services company specializing in energy, chemicals, and resources. Our mission is to deliver sustainable change while creating a diverse and inclusive workplace where everyone can thrive.

Key Responsibilities:

• Oversee cost control and forecasting for projects.
• Develop cost estimates, forecasts, and performance monitoring.
• Track budget vs actual and implement change management.
• Liaise with procurement, contracts, and finance.

Qualifications:

• Relevant experience in cost engineering for EPCM projects with non-process scopes.
• Proficient in EPC cost systems.

Join us to explore diverse opportunities and contribute to a future of sustainable energy.

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!

Join WSP: A Leading Professional Services Firm
WSP is a global engineering and professional services firm recognized for delivering innovative and sustainable infrastructure solutions. Currently, we are seeking a highly skilled Cost Estimation Engineer for a significant infrastructure development project in Riyadh.

About the Role
The Cost Estimation Engineer will play a crucial role in our cost management function. This position involves preparing, reviewing, and validating cost estimates throughout various project phases including concept, design, procurement, and execution. The ideal candidate will have substantial experience in the Middle East and familiarity with PMO environments.

Key Responsibilities

• Prepare detailed and high-level cost estimates for infrastructure works including civil, utilities, and public realm projects.
• Support PMO functions with cost benchmarking, estimation methodologies, and budget development.
• Evaluate consultant and contractor estimates, providing cost assurance and value engineering advice.
• Analyze quantity take-offs and BOQs based on design drawings and specifications.
• Collaborate with planning and engineering teams to align cost data with project schedules and WBS.
• Maintain historical cost databases and conduct market rate analyses.
• Prepare cost reports, variance analyses, and estimation updates during various design stages.
• Assist in risk analysis and contingency assessments.
• Ensure compliance with client procedures and applicable regional standards.
• Support procurement teams by reviewing tender returns and verifying cost breakdowns.

Qualifications

• Bachelor’s degree in Civil Engineering, Quantity Surveying, or a related field.
• A minimum of 10 years relevant experience in cost estimation on large-scale projects in the Middle East.
• Prior experience in a PMO environment is preferred.
• Strong understanding of cost estimation tools and benchmarking practices.
• Proficiency in tools such as Candy, CostX, or Excel.
• Familiarity with international cost estimation standards (*, AACE, RICS).
• Excellent analytical, communication, and reporting skills.
• Able to thrive in a fast-paced, multi-stakeholder environment.

Why Join Us?
Become part of a dynamic community that is passionate about making a difference. With over 69000 employees worldwide, we are dedicated to delivering innovative solutions that improve communities globally.
Imagine a better future with WSP.
Apply today!

Join Wood as a Cost Engineer:
Wood is seeking a talented and experienced Cost Engineer for an exciting opportunity within our oil and gas projects. As a vital member of our team, you will support project execution through effective cost management strategies.

Key Responsibilities:

• Develop, issue, and maintain Project Work Breakdown Structure (WBS) and Cost Breakdown Structure (CBS).
• Liaise with different project disciplines to assist in the development of project budgets and ensure accurate cost capture.
• Maintain awareness of project activities and their impact on budget, schedule, and forecasting.
• Monitor and control cost commitments and expenditures throughout the project lifecycle.
• Prepare and provide project cost performance reports as required.
• Participate in cost & estimate risk analysis sessions.

Qualifications:

• Bachelor's Degree in a relevant technical or business discipline or equivalent vocational training.
• A minimum of 8 years of relevant cost experience is required.
• Proficient in cost management software and concepts.
• Strong understanding of project management principles and cost management practices.

At Wood, we foster a diverse and inclusive work environment. All applicants will be considered regardless of race, color, age, religion, gender, national origin, disability, or any other characteristic under applicable laws.

Join WSP as a Cost Estimation Engineer!

WSP is a global engineering and professional services firm known for delivering innovative and sustainable infrastructure solutions. We are currently supporting a major infrastructure development in Riyadh to enhance our cost management function. We invite you to become part of our team as a skilled Cost Estimation Engineer with robust Middle East experience and a background in PMO environments.

Key Responsibilities:

• Prepare detailed and high-level cost estimates for infrastructure works including civil, utilities, roads, and public realm.
• Support the PMO with cost benchmarking, estimation methodologies, and budget development.
• Evaluate consultant and contractor estimates and provide cost assurance and value engineering input.
• Analyze quantity take-offs and BOQs based on design drawings and specifications.
• Collaborate with planning and engineering teams to align cost data with project schedules and work breakdown structures (WBS).
• Maintain historical cost databases, market rate analysis, and escalation indices.
• Prepare cost reports, variance analysis, and estimation updates at various design stages.
• Assist in risk analysis and contingency assessments related to cost estimation.
• Ensure compliance with client procedures, cost estimation guidelines, and applicable regional standards.
• Support procurement teams by reviewing tender returns and verifying cost breakdowns.

Qualifications:

• Bachelor’s degree in Civil Engineering, Quantity Surveying, or related field.
• Minimum 10 years of relevant experience in cost estimation, especially in large-scale infrastructure projects in the Middle East.
• Prior experience in a PMO environment is highly desirable.
• Strong understanding of cost estimation tools, market trends, and benchmarking practices.
• Proficiency in tools such as Candy, CostX, Excel, or similar cost estimation software.
• Familiarity with international cost estimation standards and methodologies (*, AACE, RICS).
• Excellent analytical, communication, and reporting skills.
• Ability to work in a fast-paced, multi-stakeholder environment with shifting priorities.

Imagine a better future for you and a better future for us all. Join our close-knit community of talented individuals who share your passion for making a positive impact. Our global team includes more than 69000 employees, working together to make a difference in communities both close to home and around the world. With us, you can. Apply today.

Join Our Team as a Cost Estimation Engineer!

Parsons is seeking a talented Cost Estimation Engineer to contribute to our mission of delivering top-notch engineering solutions. If you're ready to make a difference in a dynamic environment, we want to hear from you!

What You'll Be Doing:

• Contribute to creating and implementing cost estimating best practices and strategies.
• Make accurate project cost estimates across various levels.
• Support continuous improvement through cost engineering techniques.
• Analyze costs, trends, and identify cost optimization opportunities.
• Utilize methodologies and software to maintain reliable data.
• Oversee cost benchmarking and maintain a database of consultant and contractor rates.

What Required Skills You'll Bring:

• Bachelor’s degree in quantity surveying, engineering, or cost engineering.
• A minimum of 15 years’ experience in Cost Estimating.
• Preferred certifications: CEP, MCIOB, or MCIArab.
• Proficient in Microsoft Office and database management.
• Excellent verbal and written communication skills in Arabic and English.

Why Join Us?
At Parsons, we value diversity and ensure equal opportunity at all levels. We care about our employees' wellbeing and support your professional growth. Don't miss the chance to elevate your career with us—apply today!

Join Penspen as a Cost Estimation Engineer!
We are looking for a talented and experienced professional to evaluate and consult on project cost estimation and forecasting issues in major Oil and Gas/Petrochemical projects. This is an exciting opportunity to contribute to our engineering team and ensure project success.

Key Responsibilities:

• Conduct project cost estimations for engineering, procurement, and construction.
• Evaluate and resolve cost estimation and forecasting issues.

Qualifications:
Education:

• Bachelor’s Degree in Engineering, Quantity Surveying, Administration, Business, or a closely related field.
• Alternatively, a Diploma with a Certificate from a recognized agency in project cost estimation.

Experience:

• Eight (8) years of relevant experience for Bachelor's Degree holders.
• Twelve (12) years for Diploma holders.

We encourage all qualified candidates to apply today and join our mission at Penspen!

Join Our Dynamic Team!
Leverage your abilities and join the dynamic team of a leading Saudi company specializing in Real Estate services across the Kingdom. We are seeking a qualified Planning and Cost Control Engineer to play a crucial role in our projects.

Key Responsibilities:

• Develop and update detailed project schedules using Primavera P6 and MS Project.
• Monitor actual progress against planned timelines and highlight deviations.
• Prepare weekly and monthly project progress and performance reports.
• Coordinate with internal departments, contractors, and consultants to ensure schedule alignment.
• Track project budgets and costs to ensure financial control and efficiency.
• Analyze delays, assess impacts, and propose corrective actions.
• Support project teams with time-impact analysis and forecasting tools.

Knowledge, Skills, and Experience Required:

• Bachelor’s degree in Civil Engineering, Industrial Engineering, or a related field.
• Minimum of 5 years of experience in project planning and cost control within the construction or real estate development sectors.
• Proficient in Primavera P6, MS Project, and Excel.
• Familiar with Earned Value Management (EVM) principles.
• Strong analytical and problem-solving skills.
• Excellent communication and coordination skills.
• Certifications such as PMP, PSP, or CCP are a plus.