Cost Engineering Manager

2 weeks ago


Khobar, Eastern Province, Saudi Arabia Bounty Hunter World Full time
Job Summary

We are seeking a highly skilled Cost Engineer to join our team at Bounty Hunter World. As a key member of our project team, you will be responsible for providing cost analysis, controls, and reporting activities for Capital and non-Capital projects.

Key Responsibilities
  1. Develop and maintain accurate cost forecasts and expenditure forecasts for projects.
  2. Provide input and recommendations for cost engineering requirements, including staffing, project controls, and scope, quantities, and cost data comparisons.
  3. Organize and control project costs, ensuring compliance with contractual requirements, objectives, and company procedures.
  4. Proactively advise management on forecasted costs exceeding approved budgets.
  5. Analyze cost metrics and perform risk analysis using statistical tools.
  6. Review and analyze contractors' cost reports, extracting required data for management reporting.
  7. Prepare and report cost engineering information on a monthly basis and additional ad-hoc reports as required.
  8. Provide cost engineering expertise and coordinate activities as group/unit leader.
  9. Collect, monitor, analyze, and report all cost information through the Project Manager.
  10. Review and analyze all claims and Change Orders on project contracts.
  11. Participate in the negotiation of project contracts as required.
Requirements

To be successful in this role, you will need to have a strong background in cost engineering, excellent analytical and problem-solving skills, and the ability to work effectively in a team environment.



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