Cost Engineer

4 weeks ago

Riyadh, Saudi Arabia Bechtel Full time

**Requisition ID**:269240**
- ** Relocation Authorized**:International - Camp**:

- ** Telework Type**:Full-Time Office/Project**:

- ** Work Location**:Riyadh**

**Company Overview**:
Since 1898, we have helped customers complete more than 25,000 projects in 160 countries on all seven continents that have created jobs, grown economies, improved the resiliency of the world's infrastructure, increased access to energy, resources, and vital services, and made the world a safer, cleaner place.
Differentiated by the quality of our people and our relentless drive to deliver the most successful outcomes, we align our capabilities to our customers’ objectives to create a lasting positive impact.
We serve the Infrastructure; Nuclear, Security & Environmental; Energy, and Mining & Metals markets. Our services span from initial planning and investment, through start-up and operations. Core to Bechtel are our values - ethics, safety, quality, people, culture, relationships, innovation and sustainability, and our covenants - integrity, respect, collaboration, trust, and delivery. They are what we believe, what customers can expect, and how we deliver.

**Project Overview: Riyadh Metro Project**

Bechtel Saudi Arabia (SABCO) offers competitive salaries, project assignment incentives, free accommodations, as well as regular rotational leaves. Bechtel employees pride themselves on disputing work, accomplishments, rewards all of which are guided by the company values and commitment to keeping us safe. Our project teams thrive in a diverse and inclusive work environment, and we are hiring qualified professionals to help execute this exciting project.

Cost Engineer would perform cost estimating, analysis, and control activities. Supports project organizational and administrative activities when delegated. Supervises cost engineering activities when delegated.

**Responsibilities**:

- Prepares Project Controls plans, and detailed manpower utilization plans for discipline or specialty activities.
- Preparation of PFSR, including JV and multiple currency analysis.
- Preparation of currency cashflow for hedge program.
- Assists with Trend and Risk Management Programs.
- Assists with contract management and payments.
- Determines scope definition requirements for discipline or other specialty and works with Engineering and other sources to coordinate the production of required data to conform to the overall estimate preparation plan.
- Performs or coordinates quantity development and verification for discipline or specialty. Develops, or assists in the development of, quantity bases for the assumption.
- Plans, coordinates, and directs the preparation of specific budgets. Assists in developing requirements for budgeting standards.
- Develops and implements requirements for cost recording, reporting, and assessing standards, programs, and reports. Performs performance monitoring and control functions.
- Assists in developing specific project codes of accounts and recommends appropriate modifications and revisions. This includes training in the proper use of and definitions for the cost accounts.
- Assists in developing unit hour and pricing data for a specific discipline or another specialty, including estimating parameters, factors, indices, productivity, and craft distribution reference data, etc., based on analysis of Bechtel and industry experience. Performs data analysis, identifies problems, and makes recommendations.
- Creates and implements measurement systems for given processes, examines performance metric results, and identifies improvements.

**Qualifications**:

- Experience in performing, monitoring, and reviewing cost engineering functions, which include cost estimating, cost control, and cost analysis.
- Knowledge in the use of computers for executing work processes; expert knowledge of MS Excel.
- Intermediate to Expert experience in PFSR preparation, including multiple currencies.
- Excellent oral and written Communication.
- Knowledge of financial reporting systems and controller account codes, and an understanding of Controller instructions, which impact Project Controls (including Project Financial Status Reports and Earned Revenue Determination Data).
- Intermediate level of knowledge of engineering, procurement, contracts, construction, and startup work processes, as performed by Bechtel.
- Knowledge of engineering and construction management customarily acquired over time through specialized instruction or practical experience.

**Grade 23**:

- Bachelor’s Degree in engineering, Construction Management or related field with two years of project controls or cost related work experience.

**_ Shaping tomorrow together_**

**_ Bechtel is one of the most respected global engineering, construction, and project management companies. Together with our customers, we deliver landmark projects that foster long-term progress and economic growth. Since 1898, we’ve completed more than 25,000 extraordinary projec

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