Cost Engineer

Company Overview:

Dar, the founding member of the Sidara group, is an international multidisciplinary consulting organization specializing in engineering, architecture, planning, environment, project management, facilities management, and economics. Sidara operates in 60 countries with 20,500 professionals, Dar connects people, places, and communities through innovative solutions to the world's most complex challenges. We deliver projects from inception through completion, embracing challenges to empower communities worldwide. Learn more at www.dar.com.

Our Vision and Values:

We aspire to be the chosen home of those with a gift for crafting solutions that empower people and an unwavering passion for learning and innovation. Our core values shape our culture and guide our decision-making. We are committed to:

• Excellence

• Responsibility

• Empowerment

• Connectivity

• Courage

Role Overview:

The Cost Engineer will be responsible for managing, controlling, and reporting all project cost-related activities to ensure alignment with project objectives, budgets, and contractual requirements. The role requires deep expertise in roads, highways, bridges, and infrastructure projects, preferably within PMC and construction supervision environments in the Kingdom of Saudi Arabia (KSA).

Responsibilities:

• Prepare and review detailed project cost estimates, budgets, and forecasts for major roads, bridges, and infrastructure projects .
• Establish and maintain the cost control system , including cost breakdown structures, cash flow projections, and budget tracking.
• Monitor and report actual costs vs. planned budgets , identifying cost variances and advising on corrective actions to maintain project financial health.
• Coordinate closely with the planning, engineering, and construction teams to ensure cost data reflects actual progress and aligns with schedule updates.
• Review and verify contractor payment applications, variations, and claims for compliance with contract terms and cost accuracy.
• Support value engineering and cost optimization initiatives to achieve budget efficiencies without compromising project quality or scope.
• Conduct earned value analysis (EVA) and prepare detailed monthly cost reports , cost trend analyses, and budget performance summaries for management and client review.
• Participate in risk reviews , assessing potential cost impacts due to scope, schedule, or market fluctuations.
• Assist in preparing and evaluating change orders, claims, and commercial negotiations related to cost impacts.
• Ensure all cost management activities are performed in accordance with company procedures, client requirements, and contractual obligations.

Qualifications:

• Bachelor’s degree in Civil Engineering or Quantity Surveying.
• Minimum 10 years of experience in cost control and estimation for roads, highways, bridges, and infrastructure projects .
• Proven experience in project cost management within PMC or supervision environments in the Kingdom of Saudi Arabia .
• Proficiency in cost management and reporting software such as Primavera Cost Control , Candy , and MS Excel .
• Strong knowledge of contract administration , change management , and financial control procedures .
• Excellent analytical, organizational, and communication skills with the ability to provide clear and accurate reporting to both internal management and external clients.