Cost Engineer - (Saudi Arabia)

Eram Talent; Makkah Region; On-site; SAR 200,000 - 300,000; Full time

Job summary

A prominent oil & gas project firm in the Makkah Region is seeking an experienced Cost Engineer. The role requires expertise in cost estimating, budgeting, and cost control to support project teams throughout execution phases. Candidates should have a relevant degree and at least 3 years of experience in cost engineering. Proficiency in Excel, SAP, and Primavera is essential. This position offers competitive compensation based on candidate qualifications.

Qualifications

• 3+ years of cost engineering experience in upstream and/or downstream projects.
• Strong knowledge of estimating methods and cost control tools.
• Proficiency in project management concepts.

Responsibilities

• Prepare cost estimates for various project phases.
• Develop and manage project cost budgets.
• Monitor cost performance and identify variances.

Skills

Cost estimating

Cost control

Budgeting

Analytical skills

Communication skills

Education

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

Tools

Excel

SAP

Primavera

Job description

We are actively seeking an experienced Cost Engineer to support oil & gas project. The role focuses on cost estimating, cost control, budgeting, and supporting project teams through all phases of execution.

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 (e.g., SAP, Primavera, AACE practices).
• Strong analytical, communication, and reporting skills.

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