Job Openings Senior Cost Engineer

About the job Senior Cost Engineer

  • The cost engineer reports to the Project Director/Manager and liaises with all other Cost Management, Unit members. Coordinate with client's senior representatives, Contractors, Subcontractors, Government Agencies, and Consultants as necessary.
  • Support the Project Director in establishing and implementing department policies, goals, objectives, and procedures as approved by the Project Director.
  • Support and participation in preparing the project's budgets and five-year plan and updating it annually.
  • Support and participate in preparing the annual project budget plan and submitting it to the Ministry of Finance to approve the annual budget.
  • Review the estimated cost of projects before the bidding phase.
  • Develop and follow up on invoicing and payment processes.
  • Managing the project's change management, review, and audit claims process.
  • Manage and sustain the project's cost data using the appropriate Project Management Information System (PMIS).
  • Participate in monitoring the project, reporting, and managing project dashboards.
  • Review projects cash flow and recommends best practice for planning and updating.
  • Represent the department in management meetings as necessary.
  • Coordinate with client departments and divisions to implement the current and future deliverables and initiatives.
  • Provide guidance, directions, and specialized assistance to projects.
  • Monitor project cash flow, advise departments of any deviation in plans, and provide input and feedback to rectify deviations.
  • Coordinate and develop related reports for inclusion in the Unified Monthly Report prepared by Cost Management Department.
  • Establish, measure, and report the achievement of department goals and targets, KPI and performance.
  • Assist the Director in identifying staff knowledge and skill sets gaps and implementing appropriate training.
  • Perform other duties as assigned by the line manager/supervisor.

Qualifications, Experience, Knowledge and Skills:

  • Bachelor's Degree in a relevant field of study.
  • 10 years of relevant experience in the field of Project Cost management.
  • Relevant Certification Preferred (ex., Project Management, Professional-PMP).
  • Project Management Information Systems (PMIS) proficiency, an expert in using relevant software.
  • Experience in working in a structured PMO.
  • Experience in dealing with consultants/contractors/subcontractors.
  • The candidate should have an excellent ability to read, analyze and communicate effectively, both verbally and in writing the Arabic Language.
  • Proven ability to perform project management roles through knowledge and experience of Saudi Arabia Governmental practices and regulations.
  • Time management, communication, and interpersonal skills.

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