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Senior Cost Engineer

AECOM
Jiddah, KSA
Full Time
Senior
Onsite
3 weeks ago
Cost EstimationBudgetingFinancial ForecastingCost ControlVariance AnalysisPrimavera
Free

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Cost EstimationBudgetingFinancial Forecasting
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Company Description

  • AECOM is the world's trusted infrastructure consulting firm, partnering with clients to solve complex challenges and build legacies for future generations.
  • We are a global team of over 50,000 planners, designers, engineers, scientists, digital innovators, program and construction managers and other professionals.

Job Description

  • 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.

Qualifications

  • 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.

Additional Information

  • All newly hired employees are required to attend an in person Day 1 onboarding at an AECOM office location as a condition of employment.
  • AECOM offers comprehensive benefits including 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, retir

About AECOM

  • AECOM is the global infrastructure leader, committed to delivering a better world.
  • AECOM is a Fortune 500 firm that had revenue of $16.1 billion in fiscal year 2025.

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