Cost Engineer

Overview We are seeking a detail-oriented and analytical Cost Engineer to join our team in Riyadh, Saudi Arabia. As a key member of our organization, you will play a crucial role in managing project costs, preparing estimates, and ensuring financial efficiency across our construction and engineering initiatives.

Develop and maintain accurate cost estimates for construction and engineering projects

Analyze project costs, identify potential cost overruns, and propose cost-saving measures

Prepare and review change orders, evaluating their financial impact on projects

Collaborate with project managers, engineers, and contractors to ensure cost-effective project execution

Monitor project budgets and track actual costs against estimates

Conduct cost-benefit analyses for various project alternatives

Prepare detailed cost reports and presentations for management and stakeholders

Assist in the development of project budgets and financial forecasts

Identify and mitigate financial risks throughout the project lifecycle

Contribute to the continuous improvement of cost estimation and control processes

Qualifications

Bachelor's degree in Engineering, Construction Management, or a related field

Minimum of 10years of experience in cost engineering or a similar role

Proven experience in engineering contract document review and processing change orders

Proficiency in cost estimation software and Microsoft Office Suite

Strong mathematical and analytical skills with attention to detail

In-depth knowledge of construction methods, materials, and industry standards

Familiarity with project management principles and practices

Excellent communication and interpersonal skills

Ability to work collaboratively in a team environment

Strong organizational skills and ability to manage multiple projects simultaneously

Experience with value engineering and cost optimization techniques

Familiarity with local construction regulations and standards in Saudi Arabia (preferred)

Professional certification such as Certified Cost Professional (CCP) or similar (preferred)

Additional Information 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 advisory, planning, design and engineering to program and construction management. AECOM is a Fortune 500 firm that had revenue of $16.1 billion in fiscal year 2024. Learn more at aecom.com.

What makes AECOM a great place to work

You will be part of a global team that champions your growth and career ambitions. Work on groundbreaking projects - both in your local community and on a global scale - that are transforming our industry and shaping the future. With cutting-edge technology and a network of experts, you’ll have the resources to make a real impact. Our award-winning training and development programs are designed to expand your technical expertise and leadership skills, helping you build the career you’ve always envisioned. Here, you’ll find a welcoming workplace built on respect, collaboration and community - where you have the freedom to grow in a world of opportunity.

As an Equal Opportunity Employer, we believe in your potential and are here to help you achieve it. All your information will be kept confidential according to EEO guidelines.

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