Senior Cost Manager - Engineering & Construction, Jeddah

Egis; Jeddah; On-site; SAR 150,000 - 230,000; Full time

Job summary

Egis in Jeddah is seeking a cost manager to lead project cost control across engineering and construction initiatives in Saudi Arabia. You will develop budgets, monitor expenditures, and report variances to senior management.

The role requires 10+ years in cost management, proficiency with SAP/Oracle ERP, and strong Excel/data analysis skills. English communication is essential and knowledge of Middle East projects is preferred.

Qualifications

• 10+ years of cost management experience in engineering & construction.
• Proven expertise in cost estimation, budgeting, and financial forecasting.
• Strong knowledge of construction methodologies and industry standards.
• Proficiency with cost management software and ERP systems (SAP, Oracle).
• Advanced proficiency in Microsoft Excel and data analysis tools.

Responsibilities

• Develop comprehensive cost estimates and budgets for engineering and construction projects of varying complexity and scale.
• Monitor and analyze project expenditures against approved budgets, identifying variances and implementing corrective actions.
• Prepare detailed cost reports and financial forecasts for project stakeholders and senior management.
• Conduct cost-benefit analyses and feasibility studies to support project decision-making.
• Manage contract negotiations with vendors, suppliers, and subcontractors to optimize costs without compromising quality.
• Maintain accurate cost documentation and ensure compliance with company policies and industry standards.
• Utilize cost management software and ERP systems to track, record, and report financial data.
• Collaborate with project teams to identify cost-saving opportunities and implement efficiency improvements.
• Review change orders and assess their financial impact on project budgets.
• Provide cost management guidance and support to project managers and engineering teams.
• Ensure adherence to Saudi Arabian construction regulations and local compliance requirements.
• Participate in project meetings and present cost performance metrics to stakeholders.

Skills

Cost management

Budgeting

Financial forecasting

Excel

Data analysis

Contract management

Vendor negotiation

English communication

Tools

SAP

Oracle

ERP systems

Job description

Egis in Jeddah is seeking a cost manager to lead project cost control across engineering and construction initiatives in Saudi Arabia. You will develop budgets, monitor expenditures, and report variances to senior management.

The role requires 10+ years in cost management, proficiency with SAP/Oracle ERP, and strong Excel/data analysis skills. English communication is essential and knowledge of Middle East projects is preferred.