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Senior Cost Engineer

2 weeks ago

الرياض, Saudi Arabia SYSTRA Full time

Country/Region: SA- Field: Project Management- Location: Riyadh, SA- Type of Contract: Permanent- Level of experience: 10-15 years- Job number:
SYSTRA is one of the world's leading engineering and consultancy groups with 65 years of experience and employing more than 10,500 employees across 80 countries.

In Saudi Arabia, SYSTRA has been ever present for more than 20 years and continues to expand and play its part in helping the Kingdom achieve its 2030 vision. With 400+ employees SYSTRA is involved in many of the Kingdoms iconic projects.

We are currently seeking a **Senior Cost Engineer **to join our team here in Saudi Arabia. You will be responsible for managing and controlling the costs associated with the construction of metro/rail projects in Saudi Arabia.

**Responsibilities will include but are not limited to the following**:

- Develop and monitor project budgets and cost plans for metro/rail projects in Saudi Arabia.
- Conduct cost estimation and analysis for various project elements, including materials, labor, equipment, and other resources.
- Identify potential cost savings and cost control opportunities throughout the project lifecycle.
- Collaborate with project managers and engineers to ensure that cost control strategies are implemented effectively.
- Review and approve project change orders and cost variations.
- Conduct regular cost reporting and analysis to track project progress and identify potential cost overruns.
- Provide cost input and recommendations during project planning and design phases.
- Assist in the preparation of project budgets and cost estimates for bid proposals.
- Evaluate and negotiate contracts with subcontractors and suppliers to ensure competitive pricing.
- Monitor and track project expenditures and ensure that they are within the approved budget.
- Develop and maintain cost databases and historical cost records for future reference.
- Communicate effectively with project stakeholders, including clients, contractors, and project team members.

**Key Skills/Experience**
- Bachelor's Degree in Quantity Surveying, Engineering, Project/Construction Management or related fields.
- Chartered Quantity Surveyor / Membership in professional associations e.g. AACE, RICS or similar (advantage)
- Minimum 12+ years of relevant industry experience
- Knowledge of Project and construction market in terms of contractors, suppliers and cost management.
- Strong Knowledge/experience in estimation and quantity surveying.
- Strong knowledge of accounting and budgeting principles and requirements.
- Comprehensive knowledge of international cost management standards e.g., CSI Master Format, BCIS, GIFA;
- Knowledge of ASTM E2516-11 Standard Classification for Cost Estimate Classification System, AACE International Recommended Practice.
- Knowledge of Cost Estimation, Cost Management, Project and Document Management Software such as Cost X, Aconex, OpenText, Newforma etc.
- Strong communication, leadership, planning and organization skills.
- Excellent analytical skills with ability to analyze large and complex data and worksheets, and Proficiency in English (required) and Arabic (preferred) languages.