18 Cost Estimator jobs in Saudi Arabia

Estimate Success! We're Hiring a Cost Estimator in the KSA!

About Our Client: Our client is a leading construction firm in the KSA, known for their accurate cost estimation. They are seeking a skilled Cost Estimator to join their team and ensure the financial success of their projects.

The Role: As a Cost Estimator, you will be responsible for preparing accurate cost estimates for construction projects, ensuring they are completed within budget.

What You'll Do:

• Prepare detailed cost estimates for construction projects.
• Conduct cost analyses and feasibility studies.
• Collaborate with project managers and engineers.
• Ensure compliance with financial and contractual regulations.
• Prepare detailed reports and documentation.

What We're Looking For:

• A Bachelor's degree in Construction Management, Engineering, or related field.
• Minimum of 5 years of experience as a Cost Estimator.
• Strong analytical and numerical skills.
• Excellent attention to detail and accuracy.
• Proficiency in cost estimation software.

What's in It for You:

• Competitive salary and benefits package.
• Opportunity to work on high-profile projects.
• Professional growth and learning opportunities.
• A supportive and collaborative work environment.

Job Overview:

We are seeking a skilled and detail-oriented Project Costing Specialist with expertise in Enterprise Resource Planning (ERP) systems to join our water and wastewater projects team. The successful candidate will be responsible for overseeing project cost management, budgeting, and financial analysis using the ERP platform to ensure effective cost control and project profitability.

General Description of Role and Responsibilities:

• ERP System Management:

1. Administer and maintain the ERP system, including configuration, customization, and user access management, to support project cost accounting, budget tracking, and financial reporting requirements.
2. Collaborate with IT and finance teams to optimize ERP functionality, troubleshoot system issues, and implement enhancements to streamline project costing processes and improve data accuracy.

• Project Cost Management:

1. Develop and implement project cost management strategies, policies, and procedures to monitor, control, and analyze project costs throughout the project lifecycle.
2. Coordinate with project managers, engineers, and procurement teams to establish project budgets, cost estimates, and resource allocations based on project requirements and contractual obligations.

• Cost Estimation and Budgeting:

1. Assist in the preparation of project cost estimates, budget forecasts, and financial plans using historical data, cost models, and industry benchmarks to support project planning and decision-making.
2. Review and analyze project budgets, expenditures, and variances to identify cost-saving opportunities, mitigate financial risks, and ensure adherence to budgetary constraints.

• Financial Analysis and Reporting:

1. Perform financial analysis, variance analysis, and cost-benefit analysis to assess project performance, identify trends, and forecast future project costs and revenues.
2. Prepare regular and ad-hoc financial reports, dashboards, and executive summaries using ERP reporting tools to provide project stakeholders with timely and accurate financial insights.

• Contract Management and Compliance:

1. Collaborate with contract administrators and legal teams to review project contracts, change orders, and subcontractor agreements to ensure alignment with project cost objectives and compliance with contractual terms.
2. Monitor contract deliverables, milestones, and payment schedules to track project expenditures, validate invoice charges, and resolve billing discrepancies in accordance with contract requirements.

• Process Improvement and Optimization:

1. Identify opportunities for process improvement, automation, and standardization within the project costing function to enhance the efficiency, accuracy, and scalability of cost management processes.
2. Implement best practices, controls, and internal audit procedures to maintain data integrity, ensure regulatory compliance, and mitigate fraud risks within the ERP system.

Skills

Qualifications, Experience, Knowledge and Skills:

• Minimum of 5 + years of work experience.
• Well-versed with Oracle Projects & Costing.
• Oracle and ERP technical & functional background.
• Ability to analyze data and come to conclusions.

Experience in project cost estimation for engineering, procurement and construction for major Oil and Gas/Petrochemical projects. Capable of evaluating and consulting on project cost estimation and forecasting issues and problems.

1. Alternative (I): Bachelor’s Degree in Engineering / Quantity Surveying / Administration / Business or Equivalent closely related field.
2. Alternative (II): Diploma or Equivalent with a Certificate from a recognized agency in one or more areas of project cost estimation related expertise.

1. Alternative (I): Eight (8) years
2. Alternative (II): Twelve (12) years

If you have the skills and are interested to apply, please share your CV by emailing or by clicking here .

WSP is a global engineering and professional services firm known for delivering innovative and sustainable infrastructure solutions. We are currently supporting a major infrastructure development in Riyadh to support our cost management function, we are seeking a highly skilled Cost Estimation Engineer with robust Middle East experience and a background in PMO environments.

The Cost Estimation Engineer will be responsible for preparing, reviewing, and validating cost estimates across various phases of the project, including concept, design, procurement, and execution. The role requires strong analytical skills, market knowledge, and a proven track record in delivering cost estimates on large-scale infrastructure programs within the Middle East.

• Prepare detailed and high-level cost estimates for infrastructure works including civil, utilities, roads, and public realm.

• Support the PMO with cost benchmarking, estimation methodologies, and budget development.

• Evaluate consultant and contractor estimates and provide cost assurance and value engineering input.

• Analyze quantity take-offs and BOQs based on design drawings and specifications.

• Work closely with planning and engineering teams to align cost data with project schedules and work breakdown structures (WBS).

• Maintain historical cost databases, market rate analysis, and escalation indices.

• Prepare cost reports, variance analysis, and estimation updates at various design stages.

• Assist in risk analysis and contingency assessments related to cost estimation.

• Ensure compliance with client procedures, cost estimation guidelines, and applicable regional standards.

• Support procurement teams by reviewing tender returns and verifying cost breakdowns.

• Bachelor’s degree in Civil Engineering, Quantity Surveying, or a related field.

• Minimum 10 years of relevant experience in cost estimation, preferably on large-scale infrastructure projects in the Middle East.

• Prior experience in a PMO environment is highly desirable.

• Strong understanding of cost estimation tools, market trends, and benchmarking practices.

• Proficiency in tools such as Candy, CostX, Excel, or similar cost estimation software.

• Familiarity with international cost estimation standards and methodologies (e.g., AACE, RICS).

• Excellent analytical, communication, and reporting skills.

• Ability to work in a fast-paced, multi-stakeholder environment with shifting priorities.

Imagine a better future for you and a better future for us all.

Join our close-knit community of talented individuals who share your passion for making a positive impact. Our global team includes more than 69,000 employees, working together to make a difference in communities both close to home and around the world.

With us, you can. Apply today.

Join to apply for the Cost Estimation Engineer role at Burjline Builders .

Job Description

WSP is a global engineering and professional services firm known for delivering innovative and sustainable infrastructure solutions. We are currently supporting a major infrastructure development in Riyadh to support our cost management function. We are seeking a highly skilled Cost Estimation Engineer with robust Middle East experience and a background in PMO environments.

The Cost Estimation Engineer will be responsible for preparing, reviewing, and validating cost estimates across various phases of the project, including concept, design, procurement, and execution. The role requires strong analytical skills, market knowledge, and a proven track record in delivering cost estimates on large-scale infrastructure programs within the Middle East.

Responsibilities

• Prepare detailed and high-level cost estimates for infrastructure works including civil, utilities, roads, and public realm.
• Support the PMO with cost benchmarking, estimation methodologies, and budget development.
• Evaluate consultant and contractor estimates and provide cost assurance and value engineering input.
• Analyze quantity take-offs and BOQs based on design drawings and specifications.
• Work closely with planning and engineering teams to align cost data with project schedules and work breakdown structures (WBS).
• Maintain historical cost databases, market rate analysis, and escalation indices.
• Prepare cost reports, variance analysis, and estimation updates at various design stages.
• Assist in risk analysis and contingency assessments related to cost estimation.
• Ensure compliance with client procedures, cost estimation guidelines, and applicable regional standards.
• Support procurement teams by reviewing tender returns and verifying cost breakdowns.

Qualifications

• Bachelor’s degree in Civil Engineering, Quantity Surveying, or a related field.
• Minimum 10 years of relevant experience in cost estimation, preferably on large-scale infrastructure projects in the Middle East.
• Prior experience in a PMO environment is highly desirable.
• Strong understanding of cost estimation tools, market trends, and benchmarking practices.
• Proficiency in tools such as Candy, CostX, Excel, or similar cost estimation software.
• Familiarity with international cost estimation standards and methodologies (e.g., AACE, RICS).
• Excellent analytical, communication, and reporting skills.
• Ability to work in a fast-paced, multi-stakeholder environment with shifting priorities.

Join our community of talented individuals who share your passion for making a positive impact. Our global team includes more than 69,000 employees working together to make a difference in communities both close to home and around the world.

Apply today.

Job Details

• Seniority level: Mid-Senior level
• Employment type: Full-time
• Job function: Management and Manufacturing
• Industries: Construction

This job is active and accepting applications.

Join to apply for the Cost Estimation Engineer role at Penspen .

Experience in project cost estimation for engineering, procurement, and construction for major Oil and Gas/Petrochemical projects. Capable of evaluating and consulting on project cost estimation and forecasting issues and problems.

Education:
Alternative (I): Bachelor’s Degree in Engineering, Quantity Surveying, Administration, Business, or a closely related field.
Alternative (II): Diploma or Equivalent with a Certificate from a recognized agency in one or more areas of project cost estimation expertise.

Years of Experience:
Alternative (I): Eight (8) years
Alternative (II): Twelve (12) years

If you have the skills and are interested, apply at .

Also, share your CV by clicking:

• Mid-Senior level

• Full-time

• Management and Manufacturing

• Professional Services

Referrals increase your chances of interviewing at Penspen by 2x.

Get notified about new Estimation Engineer jobs in Khafji, Eastern, Saudi Arabia .

Join to apply for the Cost Estimation Engineer role at Penspen .

Experience in project cost estimation for engineering, procurement, and construction for major Oil and Gas/Petrochemical projects. Capable of evaluating and consulting on project cost estimation and forecasting issues and problems.

Education:
Alternative (I): Bachelor's Degree in Engineering, Quantity Surveying, Administration, Business, or a closely related field.
Alternative (II): Diploma or Equivalent with a Certificate from a recognized agency in one or more areas of project cost estimation expertise.

Years of Experience:
Alternative (I): Eight (8) years
Alternative (II): Twelve (12) years

If you have the skills and are interested, apply at .

Also, share your CV by clicking:

• Mid-Senior level

• Full-time

• Management and Manufacturing

• Professional Services

Referrals increase your chances of interviewing at Penspen by 2x.

Get notified about new Estimation Engineer jobs in Khafji, Eastern, Saudi Arabia .

Experience in project cost estimation for engineering, procurement and construction for major Oil and Gas/Petrochemical projects. Capable of evaluating and consulting on project cost estimation and forecasting issues and problems.

1. Alternative (I): Bachelor’s Degree in Engineering / Quantity Surveying / Administration / Business or Equivalent closely related field.
2. Alternative (II): Diploma or Equivalent with a Certificate from a recognized agency in one or more areas of project cost estimation related expertise.

1. Alternative (I): Eight (8) years
2. Alternative (II): Twelve (12) years

If you have the skills and are interested to apply, please share your CV by emailing or by clicking here .