Sr. Cost Engineer

3 days ago

Riyadh, Saudi Arabia HanmiGlobal Saudi Full time

**Role Summary**:
As a **Sr. Cost Engineer**, you will be responsible for leading cost control and cost engineering functions across the project lifecycle. You will ensure accurate forecasting, budgeting, and financial reporting, while supporting strategic decision-making and maintaining alignment with project goals and contractual obligations.

**Key Responsibilities**:

- Lead cost estimation, budgeting, and forecasting activities.
- Monitor and control project costs to ensure alignment with approved budgets.
- Develop and maintain financial reporting systems and dashboards.
- Analyze cost variances and recommend corrective actions.
- Collaborate with procurement, contracts, and engineering teams to ensure cost efficiency.
- Prepare detailed cost reports and present findings to senior management.
- Support planning and scheduling functions with cost-related insights.
- Supervise and mentor cost engineering personnel.
- Ensure compliance with internal policies and external regulations.
- Contribute to continuous improvement initiatives in cost management practices.

**Qualifications & Requirements**:

- Bachelors degree in Business, Quantity Surveying, Engineering, Construction Management, Supply Chain Management, or a related field from an accredited university.
- Minimum 12 years of experience in cost control, including senior-level roles on large-scale projects.
- Proven expertise in cost estimating, cost control, financial reporting, and cost analysis in both field and office settings.
- Strong statistical knowledge, including sampling distributions, probability, and hypothesis testing.
- Experience in personnel administration and training of technical and non-technical staff.
- Demonstrated ability to independently plan, organize, and deliver cost engineering and estimating products.
- Skilled in planning and scheduling with deep knowledge of engineering design and construction practices.
- Excellent verbal and written communication skills.
- Advanced knowledge of engineering, procurement, and contracts.

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