Senior Cost Engineer - Hybrid/Remote Mega-Project Leader

Jacobs Solutions Inc.; Neom; Hybrid; SAR 600,000 - 1,200,000; Full time

Job summary

Jacobs Solutions Inc. in Saudi Arabia seeks a Lead Cost Engineer to own cost reporting and control for the closeout portfolio, managing budgets, accruals, cash flow, and forecasts to keep senior stakeholders informed.

You will reconcile SAP/Oracle Unifier data, lead monthly cost inputs, and support closeout activities across multi-contract programs, requiring extensive project controls experience and relevant credentials.

Qualifications

• Minimum 20 years of project controls and cost management experience.
• Minimum 10 years of experience on major projects in Saudi Arabia and/or the GCC.
• Experience managing cost control on mega-projects or mixed-use programs with multi-billion SAR portfolios and a high volume of contracts.
• Substantial experience in budgets, accruals, forecasts, commitments, cash flow, funding, and cost reconciliation.
• Experience supporting contract termination, demobilization, preservation, final account, or closeout activities.
• Bachelor degree in Engineering, Construction Management, Quantity Surveying, Project Management, Business, Finance, or a related discipline.
• PMP, CCP, RICS, AACE, or a comparable credential is preferred.
• Owner, IPMT, PMC, or major program experience is preferred.

Responsibilities

• Own cost reporting across the portfolio and set the monthly cost control cycle, data requirements, and review timetable.
• Manage approved budgets, allocations, transfers, and cost coding across multiple contracts and workstreams.
• Develop and maintain detailed forecasts, forecast‑at‑completion positions, and closeout cost projections.
• Manage the monthly accrual process, including validation, reconciliation, aging review, and clearing of unsupported or duplicate accruals.
• Track commitments, actual costs, pending liabilities, settlements, and remaining exposure through contract closure.
• Prepare cash flow forecasts and funding requirements for termination, demobilization, preservation, settlement, and closeout.
• Reconcile SAP, Oracle Unifier, commercial records, and project reporting data, and resolve material differences.
• Lead cost inputs to weekly reports, monthly portfolio reports, closeout reports, preservation cost reports, dashboards, and presentations.
• Provide cost substantiation and supporting records for claims, disputes, settlement discussions, and final account reviews.
• Set cost reporting templates, controls, and data checks, with a clear audit trail for assumptions and forecast changes.
• Explain movements in budgets, commitments, accruals, actuals, cash flow, and forecasts.
• Support the Project Controls Manager in portfolio reviews and senior stakeholder discussions.

Skills

Cost control

Budgeting

Forecasting

Data analysis

Stakeholder communication

Education

Bachelor degree in Engineering

PMP

CCP

RICS

AACE

Tools

SAP

Oracle Unifier

Job description

Jacobs Solutions Inc. in Saudi Arabia seeks a Lead Cost Engineer to own cost reporting and control for the closeout portfolio, managing budgets, accruals, cash flow, and forecasts to keep senior stakeholders informed.

You will reconcile SAP/Oracle Unifier data, lead monthly cost inputs, and support closeout activities across multi-contract programs, requiring extensive project controls experience and relevant credentials.