Cost Estimator

2 weeks ago

Riyadh, Ar Riyāḑ, Saudi Arabia Serco Plc Full time
Cost Estimator - STCA

Make a difference every day

The Job Opportunity

We are currently looking to hire a Cost Estimator STCA be based in Riyadh, KSA.
Serco is committed to delivering world-class citizen services in line with KSA's Vision 2030.
Serco helps businesses and governments maximize ROI and extend the life of their assets.

We manage their assets and people and use our data and insights to improve the experience of anyone who interacts with their products or services.

Our client is responsible for providing the community with development, support, and protection in KSA.

The Client has requested the services of a qualified consultancy team to provide advisory / strategic consultancy services within KSA, comprising;

  • Facilities Management
  • Asset Management
  • Property & Estates Management
  • Training & Knowledge Transfer


In line with the wider group strategy, the contract will be the key catalyst in growing Serco's reputation and involvement in A&FM Consultancy services within KSA.

The consultancy team's role is to support in the lead and delivery of Serco's contractual obligations by ensuring the successful implementation of deliverables set forth.


The role will be reporting directly to the FM Expert but requires an adaptability to complex matrix project-based work, where functional and operational management may be fluid.

Key accountabilities
Prepare general and/or discipline estimates for capital cost, operations and maintenance and/or services estimates. Develops basic conceptual estimates. Takes a lead role in estimate reviews and presentations. Prepare Business Cases Provides and supports data and cost analysis. Uses, develops and oversees the maintenance of estimating databases. Provides technical and operational supervision to assigned personnel. Executes simultaneous tasks within broadly defined parameters.

Supervise estimating processes for operations and maintenance projects as part of Government O&M contracts within the Kingdom of Saudi Arabia.

Participate in operational reviews and develop comparative ROM estimates for alternative solutions.

Potential contribution to maintaining a database of estimate unit rates within discipline:
labour, equipment, materials, subs, etc. Actively participates in review and development of most cost-effective O&M means & methods and schedule. Assist in risk analysis, and contingency analysis. Participate in estimate reviews with management and partners.

Participate in estimate close-out exercises: subcontractor and material comparisons, final cut/add sheet, completion of all pricing forms, revenue curves, etc.

Work within core knowledge discipline team and entities to improve estimating practices. Provide analysis of data, rates and build ups as necessary to support O&M activities and also with the entities.

Ability to build models ( Cost estimates, financial modelling, forecasts) that is easy to understand Problem solving ability to provide solutions which are effective and easy to understand and implement Conduct scenario analysis based on macro and micro factors to access risks Evaluate investment options using various financial valuation methods such as DCF and comparable options analysis Advise key financial and non-financial risks and advise to mitigate those risks Conduct benefit realization exercise during and after go live of the project To assist the A&FM team in the Asset & Facility transformation Monitored the suitability of business processes and proposing their revisal as the project progresses Ability to deliver end user trainings on the benefits realized and improvements suggested in the process This position may be required to carry out other tasks from time to time as directed by the Serco Middle East Leadership team.

Technical and Professional Skills 10 years' minimum experience in related field on national / international major initiatives and developments. 5-7 years of experience in a senior role in consultancy services. Minimum 2 years in working in a multi-disciplined O&M or construction/ engineering transformation programmes. An equivalent role in a O&M role, either client or supplier side is desirable. Record of engagement with a wide range of stakeholders and wider commercial and public-sector stakeholders. Extensive experience of working internationally (preference for Middle East / KSA). Exceptional communication and interpersonal skills at an individual and team level.

Qualifications Bachelor of Science / Engineering, Mathematic, Finance or other relevant discipline from an accredited university.
Other business/ strategic/ financial qualifications preferred Saudi Council of Engineers affiliation preferred.

Working with Serco
At Serco, not only is the nature of the work we do important, everyone has important role to play.
We are a team of 50,000 people responsible for delivering essential public services around the world in areas including defence, transport, justice, immigration, healthcare and citizen servi

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