Senior Cost engineer

Egis; Saudi Arabia; On-site; SAR 60,000 - 100,000; Full time

Job summary

An established industry player is looking for a Senior Cost Engineer to join their Project Management Office in Riyadh. This role is vital for overseeing cost management for large-scale infrastructure projects, ensuring that budgets align with project goals. You will conduct detailed cost analyses, manage contract negotiations, and collaborate with cross-functional teams to optimize resource allocation. The firm is committed to sustainable development and offers a dynamic work environment where your expertise will contribute significantly to impactful projects. If you are passionate about cost engineering and thrive in a fast-paced setting, this opportunity is perfect for you.

Qualifications

• 8-10 years of experience in cost engineering and project management.
• Extensive knowledge of cost engineering principles and budget management.
• Familiarity with construction practices in Saudi Arabia.

Responsibilities

• Oversee cost management and budget control for large-scale projects.
• Conduct detailed cost analyses and provide regular reports.
• Manage contract negotiations and evaluate financial implications.

Skills

Cost Engineering Principles

Budget Management

Financial Modeling

Risk Assessment

Contract Management

Analytical Skills

Communication Skills

Education

Bachelor's Degree in Engineering

Bachelor's Degree in Construction Management

Tools

Primavera

MS Project

Job description

Company Description

Egis is an international player active in architecture, consulting, construction engineering and mobility services. We create and operate intelligent infrastructures and buildings that respond to the climate emergency and contribute to more balanced, sustainable and resilient territorial development. Operating in 100 countries, Egis puts the expertise of its 19,500 employees at the service of its clients and develops cutting-edge innovations accessible to all projects. Through its wide range of activities, Egis is a key player in the collective organisation of society and the living environment of citizens all over the world.

With 3,500 employees across 8 countries in the Middle East, Egis has delivered over 700 complex development projects, stimulating economic growth and enhancing quality of life. Ranked among the top ten firms in the Middle East by Engineering News Record (ENR), Egis is committed to sustainable development. The Group's operations in the Middle East are built on strategic acquisitions and a deep understanding of local market conditions. Egis has long history of providing comprehensive engineering, consulting, and project management services makes it a trusted partner for regional governments, investors, and developers.

Job Description

We are seeking a highly skilled Senior Cost Engineer to join our Project Management Office (PMO) in Riyadh, Saudi Arabia. In this critical role, you will be responsible for overseeing cost management, design review, and budget control for large-scale infrastructure and construction projects.

• Develop and maintain comprehensive project budgets, ensuring accuracy and alignment with project goals
• Conduct detailed cost analyses and provide regular cost reports to stakeholders
• Review project designs to identify cost-saving opportunities and optimize resource allocation
• Perform risk assessments and develop mitigation strategies to minimize financial impacts
• Create and update financial models to forecast project costs and cash flows
• Collaborate with cross-functional teams to ensure project deliverables meet budget constraints
• Manage contract negotiations and change orders, evaluating their financial implications
• Implement and maintain cost control systems to track project expenses and variances
• Provide expert advice on cost-related matters to project managers and senior leadership
• Stay current with local regulations and industry best practices in cost engineering
  
  

Qualifications

• Bachelor's degree in Engineering, Construction Management, or a related field
• 8-10 years of experience in cost engineering and project management, preferably in large-scale infrastructure or construction projects
• Extensive knowledge of cost engineering principles, PMO practices, and budget management
• Strong proficiency in cost management software (e.g., Primavera, MS Project)
• Excellent skills in financial modeling, risk assessment, and contract management
• In-depth understanding of design review processes and their impact on project costs
• Familiarity with construction and engineering practices in Saudi Arabia
• Knowledge of local regulations and standards relevant to project costing and management
• Outstanding analytical and problem-solving skills with a keen attention to detail
• Excellent communication and interpersonal skills, with the ability to interact effectively with diverse stakeholders
• Proven ability to work under pressure and meet tight deadlines in a fast-paced environment