Cost Engineer

AtkinsRéalis Major Projects inc.; Riyadh; On-site; USD 60,000 - 80,000; Full time

Job summary

A global engineering firm is seeking a Cost Engineer in Riyadh to manage project budgets and financial evaluations. The ideal candidate will have at least 5 years of experience in civil engineering and proficient knowledge of FIDIC contracts. This role offers a tax-free salary alongside competitive benefits such as medical insurance, paid leave, and relocation assistance. Join a diverse team committed to sustainability and engineering excellence.

Benefits

Tax-free salary

Life and medical insurance

Paid leave

Gratuity

Discretionary bonus

Annual flight contribution

Relocation assistance

Employee wellbeing program

Qualifications

• Minimum 5+ years of post-qualification experience.
• 3 years in civil engineering/building projects, with 1 year in the Middle East.
• Familiarity with FIDIC contracts.

Responsibilities

• Prepare initial Order of Cost Estimate to establish project budget.
• Develop cost estimates at the concept stage.
• Conduct tender evaluations and prepare reports.

Skills

Communication

Teamwork

Proactivity

Pressure Handling

Job description

Cost Engineer page is loaded

Cost Engineer

Locations: SA.Riyadh.Hamad Tower (F+G)

Time type: Full time

Posted on: 25 Days Ago

Application deadline: June 30, 2025 (14 days left to apply)

Job requisition id: R-130205

Job Description

About AtkinsRéalis

Created through the merger of long-standing organizations dating back to 1911, AtkinsRéalis is a global engineering services and nuclear company committed to engineering a better future. We develop sustainable solutions that connect people, data, and technology to transform infrastructure and energy systems worldwide. We offer end-to-end services across the asset lifecycle, including consulting, advisory, environmental services, cybersecurity, design, engineering, procurement, project management, operations, decommissioning, and capital projects. Our expertise spans sectors such as Engineering Services, Nuclear, and Capital projects. More information is available at our website or social media channels.

Responsibilities:

• Prepare initial Order of Cost Estimate to establish project budget.
• Develop cost estimates at the concept stage for Concept Design estimates.
• Prepare Preliminary Cost estimates following prescribed standards and procedures.
• Create tender bills of quantities and pricing documents for tender documentation.
• Prepare Pre-Tender Estimates of the works.
• Conduct tender evaluations and prepare reports.
• Review bonds and insurances submitted by contractors.
• Check contractor applications and prepare interim payment certificates.
• Evaluate proposed variations concerning financial impact.
• Attend meetings as required.
• Prepare regular cost reports.
• Coordinate between contractors and consultants to ensure timely delivery.

Requirements:

• Minimum 5+ years of post-qualification experience.
• At least 3 years of experience in civil engineering/building projects, with 1 year in the Middle East.
• Familiarity with FIDIC contracts.
• Excellent communication skills in English (written and spoken).
• Proactive team player with the ability to work independently.
• Ability to work under pressure and meet tight deadlines.

Benefits include tax-free salary, life and medical insurance, paid leave, gratuity, discretionary bonus, annual flight contribution, relocation assistance, allowances, and an employee wellbeing program.

We are committed to diversity and inclusion, ensuring equal opportunities for all employees and applicants, regardless of gender, age, ethnicity, religion, or disability. Our policies promote fairness and respect across our workforce.