Lead Cost Engineer

Hill International, Inc.; Saudi Arabia; On-site; SAR 350,000 - 550,000; Full time

Job summary

Hill International, Inc. is seeking a Lead Cost Engineer to optimize project costs and drive financial discipline across infrastructure programs.

You will lead a cost engineering team, develop strategies, review designs and contracts, and provide forecasts to stakeholders, ensuring transparent reporting and adherence to best practices. You will stay abreast of industry trends, mentor junior staff, and collaborate with project managers to embed cost engineering into planning while navigating

Qualifications

• Bachelor's degree in Engineering, Construction Management, or a related field is required.
• Minimum 20 years of experience in cost engineering in senior roles.
• Proven leadership and ability to mentor a team of cost engineers.

Responsibilities

• Lead and manage a team of cost engineers, ensuring collaboration and knowledge sharing.
• Develop and implement cost engineering strategies for infrastructure projects.
• Conduct comprehensive cost estimates for materials, labor, and equipment.
• Review designs and contracts to identify cost implications and opportunities for savings.
• Monitor, control, and report project costs and variances with forecasts.
• Present cost analyses to stakeholders and ensure transparency.
• Collaborate with project managers to integrate cost engineering into planning.
• Stay updated with industry trends and cost-saving techniques.
• Provide guidance to junior cost engineers and ensure compliance with standards.

Skills

Leadership

Analytical thinking

Communication skills

Independent work

Industry familiarity

Education

Bachelor's degree in Engineering, Construction Management, or related field

Tools

Microsoft Excel

CostX

Job description

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.