Senior Cost Engineer

at  Bechtel

JOB SUMMARY:

• Coordinate with the Cost Estimation Team
• Takes the lead in the implementation, administration and maintaining project cost control system to track project budgets, commitments, expenditures and forecasts.
• Ensures accurate, effective and reliable cost assessments for project control.
• Ensures compliance with cost control procedure in the execution of project activities

EDUCATION AND EXPERIENCE REQUIREMENTS:

• Bachelor’s Degree in Quantity Surveying, Engineering, Project/Construction Management or related fields, 10 to 15+ years’ proven experience in project cost control and engineering or a related area;
• 5 years in project cost control and engineering position in a large company

REQUIRED KNOWLEDGE AND SKILLS:

• 10 to 15+ years’ proven experience in project cost control and engineering or a related area
• 5 years in project cost control and engineering position in a large company & Experience in KSA/GCC region (highly recommended)
• Knowledge of Project and construction market in terms of contractors, suppliers and cost management
• Knowledge/experience in project cost control engineering and quantity surveying
• Knowledge of various type of estimates and methods
• Knowledge of accounting and budgeting principles and requirements
• Comprehensive knowledge of international cost management standards e.g. CSI Master Format, BCIS, GIFA
• Knowledge of ASTM E2516-11 Standard Classification for Cost Estimate Classification System, AACE International Recommended Practice
• Knowledge of Cost Estimation, Cost Management, Project and Document Management Software such as Aconex, OpenText, Newforma etc
• Knowledge of Planning and scheduling software, like Primavera
• Knowledge of BIM software and link to material take-off, ability to implement cost data into the 4D/5D BIM model.
• Strong communication, leadership, planning and organization Skills
• Excellent analytical skills with ability to analyze large and complex data and worksheets.
• Bachelor’s Degree in Quantity Surveying, Engineering, Project/Construction Management or related fields
• Master’s Degree in Business Administration, Engineering, Quantity Surveying, Economics or related field (advantage)
• Chartered Quantity Surveyor / Membership in professional associations e.g. AACE, RICS or similar (advantage).

• Reviewing and understanding all relevant project documents relating to cost control of allocated projects
• Reviewing project timesheets and the allocation of man hours against pre-approved work orders or estimated hours at completion on a timely manner
• Reviewing payment application or invoices and making recommendation; Establishing project control budgets based on approved project cost estimate
• Reviewing cost commitment and expenditure information for input to computerized cost control and reporting system
• Producing cost status reports and advising management of any forecast cost overruns; Maintaining accessible cost control registers and dashboards
• Assists in the preparation and review of Company estimates
• Assures value for money on all Neom services, Works and materials procurement
• Follows project cost control objectives and KPIs and Performs any other duties as directed by the Senior Manager