Senior Cost engineer

Egis Group; Riyadh; On-site; SAR 200,000 - 300,000; Full time

Job summary

An international engineering firm is seeking a highly skilled Senior Cost Engineer to join its Project Management Office in Riyadh, Saudi Arabia. The successful candidate will manage cost control and budget for significant infrastructure projects. Required qualifications include a Bachelor's degree in Engineering and 8-10 years of experience in cost engineering. Familiarity with local regulations and strong analytical skills are essential. This role is pivotal in ensuring project success through effective cost management and collaboration with teams.

Qualifications

• 8-10 years of experience in cost engineering and project management, preferably in large-scale infrastructure or construction.
• Extensive knowledge of cost engineering principles and PMO practices.
• Strong proficiency in cost management software.

Responsibilities

• Oversee cost management and budget control for large-scale infrastructure projects.
• Develop and maintain comprehensive project budgets.
• Conduct detailed cost analyses and provide reports to stakeholders.

Skills

Cost management

Budget management

Risk assessment

Financial modelling

Analytical skills

Interpersonal skills

Education

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

Tools

Primavera

MS Project

Job description

About Us

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.

About the Role

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 performance reports to stakeholders
• Provide cost performance analysis, interpretation and forecasting of cost performance against budgets
• Maintain the Program and Project Cost Breakdown Structure (CBS). Manage changes made to the structure of the CBS with version control.
• Support risk assessments and assist in development of mitigation strategies to minimise 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
• 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

What do we need from you

• 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 modelling, 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