Cost Estimation Engineer – High Voltage Electrical Sector-Riyadh-KSA

Segula Technologies; Riyad Al Khabra; On-site; SAR 60,000 - 100,000; Full time

Job summary

A forward-thinking engineering group is seeking a Cost Estimation Engineer to shape the future of high voltage electrical infrastructure. In this pivotal role, you will be responsible for preparing and optimizing detailed cost estimates for substations and transmission lines. Your expertise will drive the analysis of design documents and collaboration with cross-functional teams to ensure accuracy and efficiency in project proposals. Join an innovative firm that values your contributions and offers exciting opportunities in the dynamic fields of energy and technology.

Qualifications

• 10+ years of experience in cost estimation for high voltage projects.
• Strong knowledge of IEC/IEEE standards and EPC contracts.

Responsibilities

• Develop comprehensive capital cost estimates for EPC contracts.
• Analyze design documents and technical specifications for accuracy.
• Support tendering and contract negotiation phases with validated cost data.

Skills

Cost Estimation

Project Management

Risk Analysis

Financial Modeling

Education

Bachelor’s degree in Electrical Engineering

Bachelor’s degree in Construction Management

Bachelor’s degree in Quantity Surveying

Tools

Candy

CostX

Excel-based models

Job description

Company Description

Do you want to shape the world of tomorrow and work on innovative projects? Then you're a good fit for us! We are a global engineering group with 15,000 employees and 140 locations worldwide. With our services, we are driving the topics of energy efficiency, climate protection and decarbonization and developing tech industries into new dimensions.

The world of SEGULA Technologies Experts revolves around industries such as automotive, software, energy and life sciences. As an independent player, we support OEMs and suppliers with personal engineering services. Take advantage of new opportunities and take on exciting tasks and attractive positions with direct customer assignment.

Job Description

The Cost Estimation Engineer will be responsible for preparing, validating, and optimizing detailed cost estimates for high voltage electrical infrastructure projects, including substations, transmission lines, and associated systems. The role requires a deep understanding of engineering design, procurement practices, labor, and materials cost trends specific to the high voltage electrical sector.

Key Responsibilities:

• Develop comprehensive capital cost estimates (CAPEX) for EPC contracts related to substations (66kV and above), transmission lines, and grid interconnection works.

• Analyze design documents, drawings, BOQs, and technical specifications to ensure accuracy in cost estimation.

• Work closely with design, procurement, and construction teams to collect input data for estimate preparation.

• Benchmark costs against historical data, vendor quotes, and international standards.

• Identify cost drivers and risks in project proposals and recommend mitigation strategies.

• Support the preparation of financial models and feasibility studies by providing accurate cost inputs.

• Participate in value engineering exercises to optimize cost without compromising technical integrity.

• Provide cost reports and updates for internal and client use.

• Support tendering and contract negotiation phases with validated cost data.

Qualifications

• Bachelor’s degree in Electrical Engineering, Construction Management, Quantity Surveying, or a related field.

• Minimum 10 years of experience in cost estimation for high voltage power transmission and distribution projects (preferably with international exposure).

• Strong knowledge of IEC/IEEE standards, FIDIC and EPC contract structures.

• Proficient in cost estimation software (e.g., Candy, CostX, Excel-based models).

• Experience with renewable energy and battery storage integration is a plus.

• Fluent in English

Additional Information

Only shortlisted candidates will be contacted.