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Senior Cost Engineer

External
Aecom2 logoAecom2 · Jeddah, Saudi Arabia
Full-timeOn-site2w ago
BudgetingComplianceData AnalysisForecastingLeadershipSAP
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Benefits

Dental insuranceVision insuranceFlexible scheduleEquity / stock options

Additional Information

We are seeking a Senior Cost Engineer to join our organization in Makkah, Saudi Arabia. In this role, you will be responsible for managing and controlling project costs on design and construction projects for urban infrastructure and facilities development. You will develop comprehensive cost estimates, provide strategic financial guidance, and leverage your commercial management expertise to support successful project delivery. As a Senior Cost Engineer, you will apply your analytical expertise and technical knowledge to optimize resource allocation, identify cost-saving opportunities, and ensure projects remain within budget parameters while maintaining quality standards. Develop detailed cost estimates and budgets for design and construction projects using industry-standard cost estimating practices, calculation methodologies, and cost management software Apply comprehensive knowledge of cost estimating standards, procedures, and specifications relevant to urban infrastructure and facilities projects Analyze project costs, identify variances, and implement corrective actions to maintain budget compliance and financial performance Conduct cost-benefit analyses and feasibility studies to support project decision-making and strategic planning for infrastructure and facilities development Monitor and track project expenditures across design and construction phases, prepare detailed cost reports, and communicate financial performance to stakeholders Collaborate with project managers, engineers, and procurement teams to forecast costs, manage financial resources effectively, and support commercial management objectives Review and validate vendor quotes, contracts, and invoices to ensure accuracy, cost optimization, and compliance with project specifications Develop and maintain cost models, databases, and historical cost information for urban infrastructure and facilities projects to support future estimating and planning Provide cost engineering expertise and recommendations to senior management on project profitability, financial risk mitigation, and commercial viability Mentor junior cost engineers and support the development of cost management processes, best practices, and calculation methodologies Ensure compliance with organizational policies, industry standards, regional regulations, and cost estimating procedures in all cost management activities Bachelor's degree in Engineering or related discipline Minimum 10 years of professional experience in cost engineering, commercial management, or project cost management Demonstrated experience in design and construction projects for urban infrastructure and facilities development Comprehensive knowledge of cost estimating practices, calculation methodologies, industry standards, procedures, and specifications Strong proficiency in cost estimation, budgeting, and financial forecasting Advanced knowledge of cost management software and tools (e.g., Primavera, SAP, or equivalent platforms) Proven expertise in cost control, variance analysis, and financial reporting Excellent analytical and problem-solving skills with strong attention to detail Proficiency in data analysis, spreadsheet modelling, and financial software applications Solid understanding of engineering principles and project lifecycle management Strong communication and presentation skills with the ability to engage diverse stakeholders Proven leadership experience and ability to mentor and develop team members Experience managing large-scale projects with complex cost structures Familiarity with Saudi Arabia or Middle East regional business practices and regulations (preferred) Professional cost engineering certification or equivalent qualification (preferred) Fluency in English; Arabic language skills are advantageous At AECOM, we are committed to maintaining a secure and trustworthy recruitment process and take any fraudulent hiring activity seriously. To support this commitment, all newly hired employees are required to attend an in-person Day 1 onboarding at an AECOM office location as a condition of employment. About AECOM AECOM is proud to offer comprehensive benefits to meet the diverse needs of our employees. Depending on your employment status, AECOM benefits may include medical, dental, vision, life, AD&D, disability benefits, paid time off, leaves of absences, voluntary benefits, perks, flexible work options, well-being resources, employee assistance program, business travel insurance, service recognition awards, retirement savings plan, and employee stock purchase plan. AECOM is the global infrastructure leader, committed to delivering a better world. As a trusted professional services firm powered by deep technical abilities, we solve our clients' complex challenges in water, environment, energy, transportation and buildings. Our teams partner with public- and private-sector clients to create innovative, sustainable and resilient solutions throughout the project lifecycle - from ad


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