Cost engineer Jobs in Saudi Arabia

Cost Engineer - Immediate Hiring - Saudi Arabia

We are looking for a skilled Cost Engineer to join our team at Sundus. The successful candidate will have the opportunity to play a crucial role in managing project costs and budgets. You will be responsible for developing, issuing, and maintaining Project Work Breakdown Structure (WBS) and Cost Breakdown Structure (CBS) for specific scopes.

Key Responsibilities:

• Liaise with other Project Controls disciplines and functions to assist in the development of project budgets.
• Collaborate with procurement, finance, and time-capture functions to ensure accurate capture of project costs.
• Monitor and control costs throughout the project lifecycle.
• Prepare cost performance reports and maintain communication about project cost forecasts.
• Manage project change orders and their cost implications.
• Participate in risk analysis sessions and continuous improvement reviews.

Qualifications:

• Bachelor's degree in a relevant technical or business discipline.
• Minimum of 8 years of relevant cost experience.
• Proficient in cost software and project execution procedures for cost management.
• Strong understanding of budgeting, forecasting, and cash-flow techniques.
• Familiarity with WBS & CBS structures and project reporting capabilities.

Join us at Sundus, where you will be part of a leading global HR solutions provider with over 25 years of experience. Apply now to contribute to our projects and help us deliver exceptional value!

Join SEGULA Technologies as a Cost Engineer!
Accelerate your career with a fast-growing global engineering group. At SEGULA Technologies, you'll work on exciting projects and help shape the future within a company where innovation is inseparable from engineering.
Who We Are:
As a key player in the energy sector, SEGULA Technologies offers solutions to enhance productivity and competitiveness in renewable (hydraulic, wind, and solar), nuclear, and fossil energy domains. With over 15,000 skilled employees, we provide opportunities that give new meaning to your career aspirations, whether locally or globally.
About the Role:
The Cost Engineer is responsible for comprehensive cost estimation, benchmarking, supplier quote evaluation, negotiation support, and cost optimization of automotive components across assigned commodities. This role collaborates cross-functionally with Engineering, Procurement, Manufacturing, Finance, and Suppliers to ensure competitive and optimized product costs throughout the lifecycle.
Responsibilities:

• Conduct detailed cost estimation and breakdown.
• Prepare should-cost models based on raw material costing and process costing techniques.
• Analyze supplier RFQ submissions and conduct gap analysis.
• Support negotiation strategies with procurement.

Qualifications:

• BE / *** in Mechanical or Automotive Engineering.
• Minimum of 5 years of experience in the automotive industry.
• Experience with SAP / Teamcenter is a plus.
• Ability to work onsite and available for regular day shifts (Sunday to Thursday).

Join Our Team as a Cost Engineer!
We are seeking a seasoned and detail-oriented Cost Engineer with 5 to 10 years of experience to join our project controls team at Trading and Development Partnership. In this role, you will be a vital part of managing the financial health of our complex electrical projects.

Key Responsibilities:

• Cost Estimation & Tendering: Perform detailed quantity take-offs, analyze drawings/specifications, and prepare comprehensive cost estimates for electrical tenders.
• Budgeting & Setup: Create and manage comprehensive Work Breakdown Structures (WBS) and establish project cost baselines.
• Cost Control & Monitoring: Monitor actual project expenditures against approved budgets, identifying variances to prevent overruns.
• Change Management: Assess and manage change orders, analyzing their financial impact on the project.
• Forecasting & Reporting: Prepare accurate weekly/monthly financial reports and cash flow projections.
• Subcontractor & Procurement Support: Review subcontractor quotes and validate invoices.
• Stakeholder Collaboration: Work closely with project managers and site teams to optimize costs.

Required Skills & Qualifications:

• Education: Bachelor's degree in Engineering.
• Experience: 5-10 years of experience in cost estimation and management.
• Software Proficiency: Advanced in Microsoft Excel, familiarity with ERP systems.
• Analytical Skills: Excellent numerical skills and attention to detail.
• Communication: Strong interpersonal skills for collaboration.