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Experience
5 - 10 Years
Job Location
Education
Bachelor of Technology/Engineering
Nationality
Any Nationality
Gender
Any
Vacancy
1 Vacancy
Job Description
Roles & Responsibilities
The Cost Engineer (CENGR) plays a vital role in supporting the financial and cost management of construction projects by ensuring accurate cost estimation, budgeting, and monitoring throughout the project lifecycle.
The Cost Engineer is responsible for:
• Providing detailed and accurate cost estimates and budgets based on project scope, design, and execution strategy.
• Monitoring and control project costs to ensure adherence to approved budgets and financial targets.
• Supporting the project team by analyzing cost data, forecasting expenditures, and identifying potential cost-saving opportunities.
• Ensuring the cost impact of changes, risks, and variations is clearly understood and reflected in financial reports.
Desired Candidate Profile
• Bachelor’s degree in Engineering, Construction Management, Quantity Surveying, or Finance.
• Professional certification such as AACE Certified Cost Professional (CCP) or equivalent is preferred.
• Minimum 5–8 years of relevant experience in cost engineering within the construction, oil & gas, or infrastructure sectors.
• Proven experience working with multidisciplinary teams on large or mega projects.
• Familiarity with cost estimation tools, cost databases, and project management software.
• Strong understanding of cost estimation methodologies, budgeting, forecasting, and cost control principles.
• Solid knowledge of project management frameworks, construction processes, and cost drivers.
• Excellent analytical and quantitative skills, with the ability to interpret complex financial data.
• Strong organizational and time management abilities.
• Effective communication skills, both written and verbal, to present cost data clearly.
• Proficiency in tools such as Primavera Cost Manager, SAP, Oracle, MS Excel, and other relevant systems.
• Attention to detail, accuracy, and a commitment to maintaining data integrity.
• Ability to work in a fast-paced environment under pressure to meet deadlines.
Employment Type
- Full Time
Company Industry
- Engineering Design & Consulting
Department / Functional Area
- Engineering
Keywords
- Cost Engineer
- Cost
- Engineer
- Budgeting
- Forecasting
- Cost Control Principle
- SAP
- Oracle
- MS Excel
- Primavera
- AACE
- Certified Cost Professional
- CCP
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Specialised Industrial Services Co. Ltd. (SISCO)
Specialized Industrial Services Co. Ltd (SISCO) is a multi-dimensional Engineering, Construction and Maintenance Company, supported by a dynamic team of professionals with its business footprints across the KSA. The services portfolio covers project management, engineering, procurement, construction, plant services, facilities management, catering and manufacturing of equipment for the sectors of Oil & Gas and Chemical/Petrochemical.
Read MoreMr. Mohammed Al Qarni - OD & Talent Acquisition Manager
Tareek 124 and 151 Jubail Supported Industrial Area, Dammam/Khobar/Eastern Province, Saudi Arabia
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