Cost Engineer

Eram Talent; Al Khobar; On-site; SAR 130,000 - 170,000; Full time

Job summary

A leading company in the Oil & Gas sector is looking for a Cost Engineer to play a critical role in managing financial viability of projects. The ideal candidate will have a Bachelor's degree and extensive experience in cost engineering, with proficiency in cost estimation techniques and excellent analytical skills. If you are detail-oriented and ready to ensure project profitability, we invite you to apply.

Qualifications

• 5+ years of experience in cost engineering or a similar financial role.
• Ability to manage multiple projects simultaneously.
• Excellent communication and teamwork skills.

Responsibilities

• 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.

Skills

Analytical skills

Cost estimation techniques

Attention to detail

Education

Bachelor’s degree in Engineering, Finance, or related field

Tools

Project management software

Financial systems

Job description

Eram Talent is actively searching for a talented and detail-oriented Cost Engineer to join our dynamic team. The Cost Engineer will be pivotal in ensuring that projects are financially viable by analyzing costs, preparing budgets, and forecasting expenses. This role involves collaboration with various teams to streamline processes and maintain project profitability across a multitude of sectors including Oil & Gas, Construction, and Energy.

Responsibilities

• 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.

Salary is not a constraint ,company is looking for right candidate .