Cost Engineer

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Project Overview:

Jubail is one of Bechtel’s most remarkable achievements—a city built from the sand up, requiring vast resources and logistical planning on an unprecedented scale. It the biggest civil engineering project in modern times—and it's getting bigger. Bechtel has managed the Jubail project, located in the Eastern Province of Saudi Arabia, since it began in the mid-1970s. Saudi Arabian Bechtel Company (SABCO) serves as the Management Services Contractor (MSC), or “owner’s representative” for our client, the Royal Commission (RC). We are the Engineering, Procurement, and Construction (EPC) managers, managing design submissions from local AE firms, and overseeing the actual construction work being performed by local contractors and sub-contractors in Jubail and Ras-Al-Khair Industrial Cities. In June 2021, Bechtel’s contract with the Royal Commission was renewed for another 5 years with work focusing on building new residential communities, iconic buildings/ bridges, major site preparation, commercial buildings, mosques, schools, hospitals, sports facilities, clinics, universities, utility services and infrastructure (electrical sub-stations, lift stations), roads and highways, port & pipeline expansions, and more. 

Job Summary:

This position is seconded to the Royal Commission (RC). The candidate will be supervised on a day-to-day basis with the daily tasks being assigned by RC. The role will be dependent on RC’s requirement in future. The candidate’s timesheet and annual performance review will be performed by the assigned Bechtel supervisor.

Major Responsibilities:

• Provide and manage cost control by recording project cost and progress.
• Assists in preparing cost data for Expenditure and Cash Flow preparation and reconciliation. Set up and maintain tracking reports for submittal of Monthly Progress Invoices. Record inception to date expenditure and prepare the monthly progress report / Contract Status reports.
• Plans, coordinates, and directs preparation of specific budgets. Assists in developing requirements for budgeting standards. Identifies or defines data sources and techniques for data acquisition and collects required data.
• Report on a regular basis to management and liaise when necessary with other disciplines in the project team and the owner's organization.
• Skilled in development of various types of reports/KPI’s/Dash Boards to reflect the status of projects with visual aids such as bar charts, graphs and dash boards.
• Perform any other tasks as assigned by the supervisor or Manager.

Education and Experience Requirements:

• College/University Degree required in Engineering, Construction Management or any other related discipline.
• Minimum of 2 years’ related work experience.
• Knowledge of cost estimating, cost control, and cost analysis.
• Skilled in oral and written communication.
• Ability to work within a culturally diverse organization, recognizing and respecting differences.

Required Knowledge and Skills:

• Statistical knowledge in the areas of sampling, distributions, probability, and hypothesis testing for metrics.
• Knowledge of financial reporting systems and controller account codes, and understanding of Controller instructions, which impact Project Controls (including Project Financial Status Reports and Earned Revenue Determination Data).
• Knowledge of excel to produce well designed graphs, charts, and reports to communicate with key stakeholders.
• Ability to balance work requirements from multiple projects.
• Candidate should possess excellent organizational and interpersonal skills.

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.