Lead Cost Engineer

Hill International; Saudi Arabia; On-site; SAR 400,000 - 600,000; Full time

Job summary

Hill International in Saudi Arabia is seeking a Lead Cost Engineer to optimize project costs, maintain financial discipline, and guide teams across large infrastructure programs.

You will lead a team of cost engineers, develop strategies, and integrate cost control into planning and execution, ensuring projects stay within budget and deliver expected outcomes.

Qualifications

• Bachelor's degree in Engineering, Construction Management or related field.
• Minimum 20 years of experience in cost engineering.
• Proven experience as Lead Cost Engineer or similar senior role, preferably on PMC infrastructure projects.
• Excellent knowledge of cost engineering principles and industry standards.
• Strong leadership, mentorship and communication skills.

Responsibilities

• Lead and manage a team of cost engineers, ensuring effective collaboration.
• Develop and implement cost engineering strategies and best practices for infrastructure projects.
• Conduct comprehensive cost estimates for materials, labor, and equipment.
• Review designs, specs and contracts to identify cost implications and savings.
• Monitor and control project costs through the lifecycle and report forecasts.
• Present cost reports and analyses to project stakeholders with clarity.

Skills

Leadership

Cost engineering

Project cost control

Analytical thinking

Communication

Education

Bachelor's degree in Engineering or Construction Management

Tools

CostX

Microsoft Excel

Job description

As a Lead Cost Engineer, you will be instrumental in optimizing project costs, maintaining financial discipline, and ensuring successful project completion. You will collaborate closely with project teams, providing cost engineering expertise and guidance to achieve project goals.

Responsibilities

• Lead and manage a team of cost engineers, ensuring effective collaboration and knowledge sharing.
• Develop and implement cost engineering strategies, methodologies, and best practices for infrastructure projects.
• Conduct comprehensive cost estimates, including material, labor, and equipment costs, to support project planning and budgeting.
• Review and analyze project designs, specifications, and contracts to identify potential cost implications and provide cost-saving recommendations.
• Monitor and control project costs throughout the project lifecycle, identifying cost variances and implementing corrective actions.
• Prepare and present cost reports, forecasts, and financial analyses to project stakeholders, ensuring transparency and accountability.
• Collaborate with project managers and other disciplines to integrate cost engineering into project planning and decision-making processes.
• Stay updated with industry trends, technologies, and cost-saving techniques to enhance cost engineering practices.
• Provide technical support and guidance to junior cost engineers, fostering their professional development.
• Ensure compliance with company policies, procedures, and quality standards in cost engineering practices.

Qualifications

• Bachelor's degree in Engineering, Construction Management, or a related field, with a minimum of 20 years of experience in cost engineering.
• Proven experience as a Lead Cost Engineer or in a similar senior role, preferably in PMC infrastructure projects.
• Excellent knowledge of cost engineering principles, methodologies, and industry standards.
• Strong leadership and management skills, with the ability to mentor and guide a team of cost engineers.
• Proficiency in cost estimation software and tools, such as Microsoft Excel, CostX, or similar applications.
• Excellent analytical and problem-solving skills, with the ability to identify cost-saving opportunities and implement cost control measures.
• Effective communication and presentation skills, with the ability to convey complex cost engineering concepts to diverse audiences.
• Ability to work independently and manage multiple projects simultaneously, ensuring timely delivery of cost engineering services.
• Familiarity with Saudi Arabia's construction industry and local regulations is an advantage.
• Strong organizational skills and attention to detail, with the ability to manage and prioritize tasks effectively.