Project Controls Engineer - Cost

Extraordinary teams building inspiring projects:

Since 1898, we have helped customers complete more than 25,000 projects in 160 countries on all seven continents that have created jobs, grown economies, improved the resiliency of the world's infrastructure, increased access to energy, resources, and vital services, and made the world a safer, cleaner place. 

Differentiated by the quality of our people and our relentless drive to deliver the most successful outcomes, we align our capabilities to our customers' objectives to create a lasting positive impact. We serve the Infrastructure; Nuclear, Security & Environmental; Energy; Mining & Metals, and the Manufacturing and Technology markets. Our services span from initial planning and investment, through start-up and operations. 

Core to Bechtel is our Vision, Values and Commitments. They are what we believe, what customers can expect, and how we deliver. Learn more about our extraordinary teams building inspiring projects in our Impact Report. 

Project Overview:

Step into a career-defining opportunity with Bechtel as we launch our newest Energy office in Al-Khobar, Saudi Arabia – aiming for it to be an epicenter of innovation and engineering excellence in the region. This is more than a job; it’s a chance to be part of a bold new chapter in Bechtel’s 80-year journey in the Kingdom. You will collaborate with global experts to deliver transformative oil, gas, chemical and New Energies projects that support Saudi Arabia’s Vision 2030 and shape the future of sustainable energy. 

Whether you're an engineer, project manager, or technical specialist, your contributions will help build a high-performance team from the ground up, with access to world-class tools, mentorship, and global execution networks. Be part of something extraordinary – where your work powers progress.
 
At Bechtel, we know that people like you deliver our customers’ projects with a purpose that create a lasting positive legacy in the communities where we live and work.  Just as we are committed to helping our customers achieve their visions, we are committed to offering the best people in the industry with rewarding, challenging, and flexible long-term careers.
 
When you join Bechtel, you will be a key part of the diverse team delivering these world-changing projects. As a resilient, well-established employer, we are currently seeking long-term career professionals. You will have the opportunity to work on a variety of Energy Transition, Decarbonization, eFuel, Hydrogen Value Chain, Oil and Gas and Petrochemical projects from studies, FEEDs, detailed designs and PMCs from our newly established Middle Eastern hub based in Al-Khobar.
 
As part of this team, you will commit to supporting the client's goals while promoting our values of fairness, diversity, inclusion, trust, and collaboration guided by our Vision, Values and Covenants.

Job Summary:

In this role, you will be responsible for estimating, analysis and control activities for projects with significant non-routine requirements or for cost activities which require a high degree of technical skill. You will prepare cost studies, review cost trends, and develop and implement project requirements for cost control. Your detailed analysis will provide innovative solutions to cost engineering challenges.

Major Responsibilities:

• Implement cost engineering processes and procedures to develop and maintain project budgets, cost estimating, cost and job hour monitoring, cost control activities and cost variance analysis, cost engineering deliverables and reports
• Provide generally routing and non-routine cost engineering guidance, analyzes to provide innovative solutions to cost engineering challenges
• Prepare cost studies and specific budgets in accordance with prescribed standards and procedures, utilizing historical data, statistical analysis, and cost and quantity comparisons
• Develop and implement project requirements for cost control in accordance with established Bechtel and client contractual requirements, objectives, and procedures
• Perform budget allocation and reporting/cost control regime for specific construction discipline or group of
  disciplines
• Identify cost trends for management attention; review identified cost trends for cost effectiveness and suggest alternatives when appropriate
• Develop quarterly financial status reporting which includes cash flow and job hours forecast
• Maintain open communications with other organizations to support cost engineering analysis and control
  activities
• Participate in developing and presenting training classes on designated subjects and on-the-job training programs

Education and Experience Requirements:

• Bachelor's degree (or international equivalent) in engineering or construction management
• 8-10 years of relevant experience in cost engineering and project controls related functions on complex EPC projects, preferably in the Energy industry

Required Knowledge and Skills:

• Demonstrated initiative and motivation, with a proven ability to work independently and drive results in complex environments
• Advanced expertise in cost control methodologies, including the use of specialized databases, complex spreadsheets (Microsoft Excel), word processing, and presentation software (Microsoft PowerPoint) with the ability to quickly learn and utilize proprietary cost control and reporting tools; experience with EcoSys and PowerBI is preferred
• Excellent verbal and written communication skills, with a track record of effectively collaborating across multi-discipline teams, and presenting detailed cost analyses to senior management and clients
• Advanced knowledge of cost engineering work processes for engineering, procurement, and construction work processes for Energy projects
• Familiarity with Earned Value Management (EVM) and Value of Work Done (VOWD) principles, with the ability to apply these concepts to project cost tracking and reporting
• Proficient in early identification and analysis of budget deviations, including scope changes and cost trends, with the capability to recommend effective alternatives and corrective actions
• Strong analytical skills in interpreting technical processes, engineering drawings, quantity take-offs, and financial reports
• Comprehensive understanding of the full project lifecycle, including engineering, procurement, contracts, construction, and startup, gained through formal training or hands-on experience

Total Rewards/Benefits:

For decades, Bechtel has worked to inspire the next generation of employees and beyond! Because our teams face some of the world's toughest challenges, we offer robust benefits to ensure our people thrive.  Whether it is advancing careers, delivering programs to enhance our culture, or providing time to recharge, Bechtel has the benefits to build a legacy of sustainable growth. Learn more at Bechtel Total Rewards

Diverse teams build the extraordinary:

As a global company, Bechtel has long been home to a vibrant multitude of nationalities, cultures, ethnicities, and life experiences. This diversity has made us a more trusted partner, more effective problem solvers and innovators, and a more attractive destination for leading talent.

We are committed to being a company where every colleague feels that they belong-where colleagues feel part of "One Team," respected and rewarded for what they bring, supported in pursuing their goals, invested in our values and purpose, and treated equitably. Click here to learn more about the people who power our legacy.