Cost engineer Jobs in Saudi Arabia

Join Bechtel as a Cost Engineer!
Bechtel has established its presence in Jubail with remarkable achievements and is seeking a dedicated Cost Accountant to support our role in managing operations for the Royal Commission (RC). This position offers the opportunity to work in one of the largest civil engineering projects, contributing to the developmental strides of Jubail and Ras-Al-Khair Industrial Cities.

Key Responsibilities:

• Manage and control project costs by accurately recording expenses and monitoring progress.
• Assist in the preparation of expenditure and cash flow reports, maintaining tracking reports for Monthly Progress Invoices.
• Develop specific budgets and standards for budgeting processes, ensuring accurate budget preparation.
• Regularly report to management and collaborate with project team members and the owner's organization as needed.
• Utilize statistical knowledge for reporting and analysis, creating visual aids to showcase project status effectively.

Requirements:

• A college/university degree in Engineering, Construction Management, or a related field.
• A minimum of 2 years of relevant work experience in cost control and analysis.
• Proficiency in financial reporting systems and Excel for reporting.
• Strong organizational and interpersonal skills with the ability to work in a diverse environment.

This role will enable the successful candidate to play a vital part in the ongoing success of Bechtel's operations in Jubail, contributing to significant infrastructure and community projects.

Join Penspen as a Senior Cost Estimation Engineer (Offshore)!
We are seeking a qualified professional to work in our PMS project located in Khafji, Saudi Arabia. This role is essential in managing the project controls team to ensure efficient execution of various projects.

Key Responsibilities:

• Oversee project control support provided to the Project Management team for Khafji Joint Operations (KJO).
• Review early-stage deliverables concerning cost, schedule, and risk, particularly for FEL1 and FEL2 phases.
• Engage in cost estimation and forecasting for major Oil and Gas/Petrochemical projects.

Qualifications:

• Ten (10) years of experience with a Bachelor’s Degree in Engineering/Quantity Surveying/Administration/Business or equivalent.
• Fourteen (14) years of experience with a diploma or equivalent and certification in project cost estimating.
• A minimum of six (6) years specifically in project cost estimation for engineering, procurement, and construction.

If you have the required skills and experience, we encourage you to apply today!

Join Our Team as a Cost Engineer!
We are actively seeking an experienced Cost Engineer to support oil & gas projects at Eram Talent. This role is vital for maintaining financial control throughout project execution across various phases including cost estimating, budgeting, and performance monitoring.

Responsibilities:

• Prepare cost estimates for feasibility, FEED, and EPC phases.
• Develop and manage project cost budgets and forecasts.
• Monitor cost performance, identify variances, and recommend corrective actions.
• Support contract evaluations, bid analysis, and change management.
• Prepare cost reports, cash flow projections, and KPIs.
• Coordinate with engineering, procurement, and planning teams.
• Ensure compliance with industry standards and internal procedures.

Requirements:

• Bachelor's degree in Engineering, Finance, or related field.
• 3+ years of cost engineering experience in upstream and/or downstream projects.
• Strong knowledge of estimating methods, cost control tools, and project management concepts.
• Proficiency in Excel and cost management software (*, SAP, Primavera, AACE practices).
• Strong analytical, communication, and reporting skills.

Benefits: Salary is not a constraint as the company is looking for the right candidate. Join us and contribute to groundbreaking projects while enjoying opportunities for professional growth and development.

Join Alfalak Electronic Equipment & Supplies Co. as a Cost Engineer!
We are seeking a highly skilled and experienced Cost Engineer to contribute to our operations in the oil and gas field.

Key Responsibilities:

• Conduct cost analysis and estimations for projects.
• Ensure that projects are completed within budget constraints.
• Collaborate with project managers and teams to discuss project progress and cost efficiency.
• Prepare detailed reports on costs and resource allocations.

Qualifications:

• Bachelor's degree in Cost Engineering.
• Minimum 3 years of experience in the oil and gas field.
• PMP certification is required.
• Excellent written and verbal communication skills.

About Alfalak Electronic Equipment & Supplies Co.:
With over 43 years of experience, Alfalak is a leading provider of IT and communications solutions in Saudi Arabia. We focus on delivering comprehensive end-to-end solutions and have established partnerships with industry leaders like Microsoft, Eaton, and many others. If you're ready to be part of a dynamic team and contribute to our continued success, we would love to hear from you!

Join our team as an Estimation Engineer!
We are a leading construction company involved in prestigious projects including Sindalah Island in NEOM and the Riyadh Metro Project. As an Estimation Engineer, you will be responsible for preparing accurate cost estimates for civil engineering projects from initial design to bid submission.

Key Responsibilities:

• Prepare detailed cost estimates for civil engineering projects (roads, bridges, water infrastructure, buildings) during the design phase.
• Analyze project specifications and drawings to determine scope and requirements.
• Research current pricing data for materials and subcontractors.
• Support competitive bids by collaborating with the bidding team.
• Coordinate with civil engineers and architects to ensure estimates align with design goals and cost-effectiveness.
• Maintain a database of historical cost data to support future estimates.

Qualifications:

• Bachelor's degree in Civil Engineering.
• At least 10 years of experience in cost estimation.
• Proven experience in preparing detailed cost estimates for various civil engineering projects.

If you have a strong background in civil engineering principles and are passionate about contributing to high-quality projects, we encourage you to apply!

Join Our Team as a Cost Engineer!
We are actively seeking an experienced Cost Engineer to support oil & gas projects at Eram Talent. This role is vital for maintaining financial control throughout project execution across various phases including cost estimating, budgeting, and performance monitoring.

Responsibilities:

• Prepare cost estimates for feasibility, FEED, and EPC phases.
• Develop and manage project cost budgets and forecasts.
• Monitor cost performance, identify variances, and recommend corrective actions.
• Support contract evaluations, bid analysis, and change management.
• Prepare cost reports, cash flow projections, and KPIs.
• Coordinate with engineering, procurement, and planning teams.
• Ensure compliance with industry standards and internal procedures.

Requirements:

• Bachelor's degree in Engineering, Finance, or related field.
• 3+ years of cost engineering experience in upstream and/or downstream projects.
• Strong knowledge of estimating methods, cost control tools, and project management concepts.
• Proficiency in Excel and cost management software (*, SAP, Primavera, AACE practices).
• Strong analytical, communication, and reporting skills.

Benefits: Salary is not a constraint as the company is looking for the right candidate. Join us and contribute to groundbreaking projects while enjoying opportunities for professional growth and development.

Join Our Team as a Cost Engineer!
We are actively seeking an experienced Cost Engineer to support oil & gas projects at Eram Talent. This role is vital for maintaining financial control throughout project execution across various phases including cost estimating, budgeting, and performance monitoring.

Responsibilities:

• Prepare cost estimates for feasibility, FEED, and EPC phases.
• Develop and manage project cost budgets and forecasts.
• Monitor cost performance, identify variances, and recommend corrective actions.
• Support contract evaluations, bid analysis, and change management.
• Prepare cost reports, cash flow projections, and KPIs.
• Coordinate with engineering, procurement, and planning teams.
• Ensure compliance with industry standards and internal procedures.

Requirements:

• Bachelor's degree in Engineering, Finance, or related field.
• 3+ years of cost engineering experience in upstream and/or downstream projects.
• Strong knowledge of estimating methods, cost control tools, and project management concepts.
• Proficiency in Excel and cost management software (*, SAP, Primavera, AACE practices).
• Strong analytical, communication, and reporting skills.

Benefits: Salary is not a constraint as the company is looking for the right candidate. Join us and contribute to groundbreaking projects while enjoying opportunities for professional growth and development.

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.

📢 Job Announcement: Cost Estimation Engineer

Our company announces its need for an engineer specialized in 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 budget estimates for projects.
• Holder of a Bachelor's degree in one of the related engineering disciplines.
• Experience in developing reference methodologies for cost estimation and reduction, and creating accurate models for budget control.
• Certified Cost Professional (CCP) certification is preferred.
• 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.
• Expertise in using engineering software and related computer applications, especially:
• Primavera (P6 – Cost & Resource Management)
• Candy CCS
• CostOS
• MS Excel (Advanced – Pivot, Macros, Power Query)
• The ability to prepare professional presentations and visuals.

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:

Qualifications and Required Experience:

• Practical experience of no less than 10 years in calculating and reviewing costs and preparing estimated budgets for projects.
• Bachelor's degree in one of the relevant engineering disciplines.
• Experience in developing reference methodologies for estimating and reducing costs, and creating accurate models for budget control.
• Preference will be given to those holding the Certified Cost Professional (CCP) certification.
• Experience in conducting market studies and benchmark comparisons with similar projects to ensure price accuracy and realistic estimates and achieve cost savings.

Required Skills:

• Fluency in English, both spoken and written.
• Proficiency in using engineering software and related computing applications, especially:
• Primavera (P6 – Cost & Resource Management)
• Candy CCS
• CostOS
• MS Excel (Advanced – Pivot, Macros, Power Query)
• The ability to prepare presentations and visual displays professionally.

Required
Technical Offers Engineer for Projects Experience
1- Proficiency in English
2- Full knowledge of design software AutoCAD Photoshop