[bamea me32] Cost Estimator

5 months ago


Riyadh, Saudi Arabia ENGIE Full time

Requisition ID: 20023- Location: Riyadh, SA, 12245-3835**Job Title: Cost Estimator**

**Location: Jeddah**

**Responsibilities**:

- Analyze project specifications, blueprints, and engineering designs to determine project requirements and cost factors for material, labor, equipment, and subcontractor services.
- Conduct comprehensive cost analyses and assessments, considering variables such as project scope, timelines, risk factors, and market conditions to provide accurate and reliable cost estimates for project budgets and proposals.
- Collaborate with project managers, engineers, and procurement teams to assess project requirements and identify cost-saving opportunities, value engineering options, and alternative materials or methods that align with project budget constraints.
- Prepare detailed cost reports, cost breakdown structures, and cost forecasts, and provide regular updates and recommendations to project stakeholders on cost estimation, budgeting, and expenditure tracking.
- Review and evaluate vendor and subcontractor bids and proposals, negotiating cost-effective contracts and service agreements that meet project requirements and budgetary constraints.
- Develop and maintain a comprehensive cost database and historical records of cost estimation data, benchmarks, and industry-specific pricing trends to inform future cost estimation processes and improve overall cost accuracy.
- Provide support and guidance to project teams on cost management strategies, budget tracking, and cost control measures, ensuring that projects adhere to established cost estimates and financial objectives.

**Qualifications and Requirements**:

- Bachelor's degree in Engineering or a closely related field from a recognized university, plus additional qualifications in costing or quantity calculation
- Proven work experience of at least 10 years in cost estimation, with a strong focus on analyzing and estimating costs for construction projects or engineering firm.
- In-depth knowledge of cost estimation principles, methodologies, and industry-specific pricing trends, with a solid understanding of construction materials, labor costs, and equipment pricing.
- Proficiency in cost estimation software and tools for data analysis, cost modeling, and budget forecasting.
- Strong analytical and problem-solving skills, with the ability to interpret complex cost data and provide effective solutions for cost optimization and budget management.
- Excellent communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams, clients, and stakeholders.
- Strong in preparing cost estimates for construction projects (buildings, roads, bridges, tunnels, utilities, gardens, parks, water projects, and electrical and mechanical projects).
- Business Unit: GBU Energy Solutions- Division: ES Tractebel L2- Legal Entity: TRACTEBEL ENGINEERING S.A., SAUDI ARABIA BRANCH- Contract Type: Fixed-Term- Job Type: Full - Time- Professional Experience: Skilled ( >3 experience


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