Cost Engineer

3 weeks ago

Riyadh, Saudi Arabia Saudi Geo co Full time

**Position: Cost Engineer/Estimator**

**Reports To: Engineering Manager Saudi Arabia, Riyadh, Sulaimaniyah**

**Responsibility**:This role coordinates, directs and leads estimating efforts to ensure optimum costing

and coordination of projects and programs to ensure meeting customer expectations and manufacturing requirements.

**Position Summary**:

- Define the project scope, revise the design drawings and Prepare BOQ or revise BOQ from design team, time period, phases to be estimated, communication channels, and establish any boundaries for estimates or project requirements.
- Identify any schedule or budget constraints, and how those will be resolved.
- Identify everything defined in the scope to be costed.
- Collect and monitor data, manage risks, identify (if necessary), contingency plan, control changes and communication. Measure and report on progress.
- **Develop Cost Estimating Relationships**:Use cost data to develop formulas/equations entered

into the cost model. Formulas/Equations will be the basis for estimating costs as a function of

systems and service level.
- **Document Approach**:Provide documentation for each cost element, indicating sources of data,

assumptions used and any other methodology or analysis.
- **Customer Review**:Ensure that all expected costs have been properly presented to Customer for

Review/Approval/Acceptance of the estimate.
- **Finalize Cost Estimate**:Finalize the cost estimate. Maintain all files, data related to this project.

**Primary Responsibilities**:

- Assist in preparing cost data for proposals and contract negotiations & BOQ preparing and revision.
- Determine project scope, define requirements, works with teams and others to coordinate

production, meet deadlines and customer requirements.
- Follow the Estimating life‐cycle in accordance with prescribed standards and procedures.
- Establish quote priorities based on evaluation and analysis of overall opportunities.
- Develop and implement requirements for cost recording, reporting, and analyzing standards,

programs, and reports. Performs performance monitoring and control functions for specific
- Provide financial reporting, trending data. Perform data analysis and development.
- Develop and/or revise manufacturing processes, procedures, work instructions and make updated list of local and international market subcontractors.

**Job Description Title: Cost Engineer/Estimator**

**Education and Experience Requirements**:

- Bachelor’s Degree in Engineering; architectural, civil or mechanical.
- Minimum of three years’ experience in Cost Engineering, Cost Estimating, planning, scheduling,

estimating and other areas of project controls in a manufacturing environment.
- Minimum of five years’ experience in engineering
- Intermediate level of proficiency in MS Excel and other MS Office programs
- Functional knowledge of accounting, financial accounting
- Operating knowledge and experience of design software and engineering tools
- Proficient with computer programs and a working knowledge of new technology
- Ability to communicate effectively and professionally with co‐workers, outside agencies,

business partners, and consultants
- Excellent verbal and written communication skills
- Excellent verbal and written English language

**Skills/Key Competencies**:

- Strong communication skills both written and verbal
- Honesty, integrity and personal accountability
- Superior planner and organizer
- Ability to facilitate and support growth of team members
- Works effectively and productively with others
- Strong overall leadership skills/interpersonal skills
- Analytical Thinking
- Valid Driver’s License.
- Valid transferable iqama.
- **Salary: Commensurate with experience**
- **full time opportunity**

**Job Types**: Full-time, Contract, Permanent

**Job Types**: Full-time, Contract

Ability to commute/relocate:

- Riyadh: Reliably commute or planning to relocate before starting work (required)

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