Cost Engineer

Responsible for monitoring and analyzing project costs, ensuring adherence to the approved budget, and preparing financial and technical reports related to cost tracking and efficiency improvement in projects.

Duties and Responsibilities

• Prepare and review project cost plans and budgets.
• Monitor actual expenditures against the approved budget and identify variances.
• Analyze cost discrepancies and issue periodic reports to management.
• Review change orders and ensure their impact is reflected in the project budget.
• Prepare financial forecasts and monthly project reports.
• Coordinate with procurement, engineering, and site teams to ensure accurate financial data.
• Support management in preparing financial proposals and future project estimates.
• Contribute to the development of cost control policies and procedures.

Qualifications

• Bachelor's degree in Engineering (Civil/Mechanical/Electrical), Project Management.
• 0-2 years of experience in cost control or project management.
• Proficient in project management software such as Primavera P6 and MS Project.
• Strong financial analysis skills and advanced Excel proficiency.
• Valid membership in the Saudi Council of Engineers (SCE) is required.
• Excellent command of English, both spoken and written.

Seniority level

Entry level

Employment type

Full-time

Job function

Construction and Electric Power Transmission, Control, and Distribution