Cost Estimation Engineer

DAR AL RIYADH; Saudi Arabia; On-site; SAR 360,000 - 720,000; Full time

Job summary

DAR AL RIYADH seeks an experienced Senior Cost Estimator to lead the preparation and review of project cost estimates for infrastructure, water and asset-maintenance works in Saudi Arabia. You will develop unit rates, build-ups and budgets, and monitor variances, risks, and forecast changes with a focus on accuracy and control.

The role requires 12+ years in cost estimation or project controls, strong analytical capabilities, and proficiency in Excel and estimating software.

Qualifications

• Bachelor's degree in Engineering is required with 12+ years in cost estimation or project controls.
• Experience in infrastructure, dam or asset-maintenance projects is essential.
• Advanced Excel and data-analysis skills are required.

Responsibilities

• Prepare comprehensive cost estimates for civil, mechanical, electrical and related works.
• Develop cost build-ups for labour, materials, equipment, subcontractors and indirect costs.
• Review quotations, tenders, variations, claims and change proposals.
• Monitor budgets, cash-flow, expenditure and forecasts.
• Coordinate with Finance, Contracts, Procurement and Project Controls.
• Attend meetings and site visits across Saudi Arabia.

Skills

Cost estimation

Cost engineering

Project controls

Unit rate development

Budgeting & forecasting

Variance analysis

Tender & quotations review

Data analysis

Stakeholder coordination

Estimating software

Education

Bachelor's degree in Engineering

Tools

Microsoft Excel

Estimating software

Job description

Key Responsibilities

Collect validate and organize historical market and project-specific cost data Prepare conceptual preliminary detailed and pre-tender cost estimates Develop estimates for dam operation maintenance repair rehabilitation and improvement works Estimate the cost of civil mechanical hydraulic electrical instrumentation and associated works Analyze scopes of work drawings specifications bills of quantities and project schedules Prepare detailed cost build-ups for labour materials equipment subcontractors and indirect costs Estimate mechanical hydraulic and pumping-system works including pumps gates valves pipelines hoists and related equipment Review quantities and verify alignment between drawings specifications and bills of quantities Identify the key technical operational logistical and market factors affecting project cost Develop unit rates using productivity resource and market-price information Prepare cost plans cash-flow forecasts expenditure profiles and budget requirements Compare estimated budgeted committed and actual costs Analyze cost variances and identify the reasons for overruns savings and forecast changes Recommend corrective measures to control expenditure and maintain approved budgets Prepare estimates at completion and regularly update cost forecasts Monitor contingency escalation allowances and identified cost risks Conduct cost-risk and sensitivity analyses for major work packages Support value-engineering studies and evaluate alternative materials equipment and execution methods Review contractors quotations commercial proposals and cost breakdowns Support the technical and commercial evaluation of tenders Review variation estimates change requests claims and additional-work proposals Assess the cost impact of design changes delays scope modifications and schedule-recovery measures Monitor project budgets commitments invoices payment certificates and claims Reconcile cost information with Finance Contracts Procurement and Project Controls Maintain cost databases covering market rates supplier quotations historical prices and awarded contract rates Prepare price-comparison reports and cost benchmarks for similar projects Update cost databases to reflect inflation market conditions regional differences and current supplier pricing Review contractor performance data and identify productivity trends affecting future estimates Maintain complete estimating records assumptions exclusions clarifications and supporting documents Prepare clear daily weekly monthly annual and technical reports as required by the assignment Present estimates forecasts cost risks and recommendations to management and government stakeholders Coordinate with government stakeholders consultants contractors and multidisciplinary teams Attend meetings inspections and site visits anywhere in Saudi Arabia as required Comply with Saudi laws applicable codes Client procedures quality requirements and occupational health and safety obligations

Minimum Requirements

Bachelor s degree in Engineering from a recognized university. Minimum 12 years of professional experience in cost estimation, cost engineering or project controls. Demonstrated experience preparing estimates for infrastructure, water, dam or asset-maintenance projects. Familiarity with mechanical, hydraulic and pumping-system works. Strong experience analyzing drawings, specifications, work items and bills of quantities. Experience preparing detailed unit rates and resource-based cost build-ups. Knowledge of budgeting, cost forecasting, variance analysis and cost-risk assessment. Experience reviewing quotations, tenders, variations, claims and commercial proposals. Ability to compare estimated and actual costs and recommend corrective actions. Proficiency in specialist estimating, cost-control and project-management software. Advanced Microsoft Excel and data-analysis skills. Strong numerical, analytical, technical-reporting and stakeholder-coordination capabilities. Relevant experience must be supported by verifiable employment records, project references, estimates, reports or studies when requested.