Cost engineer Jobs in Saudi Arabia

Join Asas Makeen as a Senior Cost Control Engineer!

We are seeking a dedicated professional to prepare detailed cost estimates, budgets, and forecasts for our construction projects. In this pivotal role, you will monitor and manage project costs, ensuring alignment with established budgets.

Key Responsibilities:

• Prepare detailed cost estimates, budgets, and forecasts for construction projects.
• Monitor and manage project costs to ensure alignment with budgets.
• Update the cost control report bi-weekly and revise it monthly to address corrective actions as needed.
• Identify and evaluate cost-saving opportunities.
• Perform regular Cost Variance Reports (CVR) to compare actual costs against forecasted values.
• Track project performance, profitability, and variances while providing actionable insights to project teams and stakeholders.
• Develop quantity release and installation curves for assigned disciplines or specialties.
• Review and approve invoice verifications for payment based on cost-loaded schedules.

Requirements & Qualifications:

• Bachelor’s degree in Civil Engineering or Architecture.
• Proficiency in Primavera is a must.
• 5+ years of experience in Construction Management.
• Excellent skills in Microsoft Office Suite (Word, Excel, and PowerPoint); experience in construction work on-site is a plus.

Join Asas Makeen as a Senior Cost Control Engineer!

We are seeking a dedicated professional to prepare detailed cost estimates, budgets, and forecasts for our construction projects. In this pivotal role, you will monitor and manage project costs, ensuring alignment with established budgets.

Key Responsibilities:

• Prepare detailed cost estimates, budgets, and forecasts for construction projects.
• Monitor and manage project costs to ensure alignment with budgets.
• Update the cost control report bi-weekly and revise it monthly to address corrective actions as needed.
• Identify and evaluate cost-saving opportunities.
• Perform regular Cost Variance Reports (CVR) to compare actual costs against forecasted values.
• Track project performance, profitability, and variances while providing actionable insights to project teams and stakeholders.
• Develop quantity release and installation curves for assigned disciplines or specialties.
• Review and approve invoice verifications for payment based on cost-loaded schedules.

Requirements & Qualifications:

• Bachelor’s degree in Civil Engineering or Architecture.
• Proficiency in Primavera is a must.
• 5+ years of experience in Construction Management.
• Excellent skills in Microsoft Office Suite (Word, Excel, and PowerPoint); experience in construction work on-site is a plus.

Join Al Vakil Group as a Cost Control Engineer
As a leading company in manpower solutions, Al Vakil Group offers an exciting opportunity for a Cost Control Engineer. We are dedicated to innovation and excellence while empowering careers and fostering global partnerships.

Key Responsibilities:

• Prepare the projects’ cost baseline at the project commencement.
• Monitor the projects’ direct costs related to company resources and staff.
• Compare any Purchase Orders/agreements against the estimated costs.
• Analyze actual costs to date with the earned value at the same date.
• Propose corrective actions to mitigate any negative deviations from the estimated costs.
• Define updated estimates at completion for each work item and overall project.
• Document any details of cost deviations.
• Verify suppliers’/subcontractors’ payment requests.
• Collaborate with project teams to maximize client invoiced amounts.

Qualifications:

• Bachelor’s degree in Civil Engineering, Construction Management, or a related field.
• Minimum 5 years of experience as a Cost Control Engineer in the construction industry, preferably in Gulf countries.
• Proficient in cost estimation, budgeting, and financial analysis.
• Strong understanding of construction project management principles.
• Experience implementing cost control processes and systems.
• Familiarity with industry-standard software for cost control and project management.
• Excellent communication and interpersonal skills.
• Strong analytical and problem-solving abilities.
• Fluency in English; Arabic proficiency is highly desirable.

Join Our Team as a Cost Control Engineer!
We are seeking a highly skilled Cost Control Engineer with experience in shipbuilding and ship maintenance to join our team in Al Bahah, Saudi Arabia. This role is essential for ensuring that all project cost control activities align with our company's policies and procedures.

Job Objective:
Ensure comprehensive management of project cost control activities.

Roles & Responsibilities:

• Develop systems and procedures to manage cost control functions.
• Monitor total project expenditure and verify invoices and claims from suppliers and subcontractors.
• Understand cost estimates related to materials, manpower, and marine operations.
• Coordinate with business development to resolve discrepancies.
• Upload cost and expense data into project management software.
• Generate cost performance reports and present them to the Project Manager.
• Assess potential change management scenarios in coordination with project stakeholders.

Qualifications:

• Bachelor’s degree in Engineering.
• PMP certification is required.
• Experience with Earned Value Management.
• Minimum 912 years of experience in shipbuilding or maintenance.

We pride ourselves on being an equal opportunity employer, welcoming applications from all qualified individuals regardless of their background.

Join Our Team as a Cost Engineer
We are seeking a highly skilled and experienced Cost Engineer to join our team in Dhahran, Saudi Arabia within the Oil and Gas industry. The ideal candidate will be responsible for analysing project costs, preparing budget estimates, and monitoring project expenses to ensure cost efficiency and adherence to budgetary constraints. The Cost Engineer will play a crucial role in optimizing project costs and maximizing profitability.

Responsibilities:

• Analyse project costs and prepare accurate budget estimates for various phases of the project.
• Monitor and control project expenses to ensure adherence to budgetary constraints.
• Collaborate with project managers and stakeholders to identify cost-saving opportunities and provide recommendations for cost optimization.
• Prepare and present cost reports, forecasts, and variance analysis to management and project teams.
• Utilize cost management tools and software to track, analyse, and report project costs.
• Conduct cost risk assessments and develop mitigation strategies to address potential cost overruns.
• Participate in project meetings and provide cost-related insights and recommendations to support decision-making.
• Maintain documentation and records of all cost-related activities and reports for audit and reference purposes.

Key Requirements:

• At least a 4 year degree in an engineering discipline.
• Proven experience in project management within the Oil and Gas industry, with a strong understanding of engineering principles and practices.
• Professional Engineer (PE) license is highly preferred.
• Excellent leadership and communication skills, with the ability to effectively collaborate with internal and external stakeholders.
• Strong problem-solving abilities and the capacity to make sound decisions under pressure.
• Familiarity with project management tools and software, as well as relevant industry standards and regulations.
• Ability to work in a fast-paced and dynamic environment, with a strong commitment to quality and safety.

Join Our Team as a Cost Engineer at Egis!
Are you ready to take on a pivotal role in overseeing the financial aspects of large landscape projects? At Egis, we are dedicated to creating and operating intelligent infrastructures that respond to climate challenges. This is your chance to be part of a team that makes a real difference in sustainable development.

About the Role:
As a Cost Engineer, you will be part of our Project Management Office (PMO) in Riyadh, responsible for:

• Cost Review and Analysis: Working with external consultants, reviewing Bills of Quantities (BOQs) and cost reports.
• Budget Management: Collaborating with project managers to establish and control project budgets.
• Cost Control: Implementing measures to adhere to budgetary constraints and address any cost overruns.
• Change Management: Managing changes to project specifications and their impacts on costs.
• Value Engineering: Optimizing project costs while maintaining quality standards.
• Tendering for Construction: Integrating cost-related requirements into tender documentation.
• Ad Hoc Project Cost Management: Providing cost management expertise for unique project requirements.
• Reporting and Documentation: Generating detailed financial documentation for stakeholders.
• Cost Risk Assessment: Conducting risk assessments related to project costs.

What do we need from you:
To succeed in this role, you should have:

• A Bachelor's degree in Quantity Surveying, Civil Engineering, Finance, or related field.
• Professional certification in cost management (*, Certified Cost Professional) is preferred.
• 10+ years of experience in cost management within the design or construction industry.
• Proven track record in managing costs for large landscape projects.
• Familiarity with cost estimating software and tools.

Join us at Egis and contribute to impactful projects in architecture and construction engineering!

Join Aramco as a Cost Engineer!
Aramco energizes the world economy as one of the leading producers of hydrocarbon energy and chemicals with a strong commitment to maximizing the value of the energy produced while enhancing societal value.

Role Overview:
We are seeking a Cost Engineer to join our Turnaround & Inspection (T&I) unit within the Ras Tanura Refinery Maintenance Department. In this role, you will be instrumental in the planning and execution of turnarounds, contributing significantly to quality and efficiency.

Key Responsibilities:

• Provide cost engineering expertise to the T&I team.
• Monitor, analyze, and report on T&I expenditures, identifying cost reduction opportunities.
• Assist in preparing cost portions of maintenance projects and contracts.
• Review claims and change orders, preparing cost aspects for procurements.
• Develop and maintain budgets for maintenance activities and capital projects.
• Assist in forecasting costs and evaluating financial feasibility of projects.
• Review cost estimates ensuring accuracy and compliance with the scope.
• Recommend initiatives to optimize maintenance costs and downtime.
• Proactively address forecasts that exceed allocated budget.

Minimum Requirements:
The ideal candidate will possess:

• Bachelor’s Degree in Engineering (Mechanical or Industrial preferred).
• A minimum of 10 years of cost engineering experience within refining or petrochemical projects.
• Familiarity with computer-estimating programs and databases.
• Preferred certifications: PMP, AACE-CCP, or AACE-CEP.

Working Environment:
Aramco values its high-performing employees, offering rewarding technical and professional opportunities backed by significant investment in capital and technology. Our commitment to workforce development ensures continuous improvement and sector-specific training for all employees.

About the Role
Parsons is looking for an amazingly talented Cost Control Engineer to join our team in Mecca, Makkah. In a world of possibilities, pursue one with endless opportunities! Imagine a career working with intelligent, diverse people sharing a common quest. We provide a workplace where you can thrive and be yourself.

What You'll Be Doing

• Contribute to creating and implementing best practices, cost estimating vision, strategy, policies, processes, and procedures to aid and improve operational performance.
• Make accurate project cost estimates (from Class 5 to Class 1 estimate levels).
• Support continuous improvement through cost engineering techniques, identifying inefficiencies and cost optimization opportunities.
• Analyze and identify key areas of improvement and apply cost estimation techniques to drive cost reductions.
• Review, analyze, and understand economic trends and consider risks and cost implications.
• Utilize cost methodologies and appropriate software models to prepare reliable and accurate data.
• Ensure consistent cost engineering management processes are applied in the business.
• Oversee cost benchmarking exercises and maintain a database of consultants, vendors, contractors, and sub-contractors’ rates.
• Ensure appropriate monitoring and reporting systems are in place to meet objectives.

What Required Skills You'll Bring

• Bachelor’s in quantity surveying, engineering or cost engineering from an accredited university.
• Minimum 15 years’ experience in Cost Control / Estimating on large projects.
• Preferably certified in CEP or MCIOB or MCIArab.
• Strong computer skills (Microsoft Word, Excel, PowerPoint, Visio & Databases).
• Excellent Arabic / English verbal and written communication skills.
• Experience of working internationally, preferably in KSA.