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Cost Engineer

Requisition ID:  233978

Requisition Posting End Date: 04/24/2021

Project Description:

NEOM Project Summary: Saudi Arabian Bechtel Company will provide executive project management consultancy services (including technical, commercial, and construction management) for the development of certain defined aspects of the NEOM Infrastructure in the Kingdom of Saudi Arabia.”    

NEOM is a planned cross-border city in the Tabuk Province of northwestern Saudi Arabia. The site is near the Red Sea and the borders of EgyptIsrael, and Jordan. It will cover a total area of 26,500 km2 (10,200 sq. mi) and will extend 460 km along the coast of the Red Sea.”  

NEOM will be the home and workplace to more than a million residents from around the world. It will include towns and cities, ports and enterprise zones, research centers, sports and entertainment venues, and tourist destinations. As a hub for innovation, entrepreneurs, business leaders, and companies will come to research, incubate, and commercialize new technologies and enterprises in groundbreaking ways.


This role is seconded into the client organization.

Role Purpose

  • Work with the Cost Estimation Team at NEOM’s corporate Cost Estimation division
  • Implements, administers and maintains 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

Key Responsibilities

  • 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 Cost Engineer and the Senior Manager.

Knowledge, Skills and Experience

  • 7 to 10+ years’ proven experience in project cost control and engineering or a related area;
  • 3+ years in project cost control and engineering position in a large company, and;
  • 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, and;
  • 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, and;
  • Proficiency in English (required)
  • 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), and;
  • Chartered Quantity Surveyor / Membership in professional associations e.g. AACE, RICS or similar (advantage).

Shaping tomorrow together

Bechtel is one of the most respected global engineering, construction, and project management companies. Together with our customers, we deliver landmark projects that foster long-term progress and economic growth. Since 1898, we’ve completed more than 25,000 extraordinary projects across 160 countries on all seven continents. We operate through four global businesses: Infrastructure; Nuclear, Security & Environmental; Oil, Gas & Chemicals; and Mining & Metals. Our company and our culture are built on more than a century of leadership and a relentless adherence to our values, the core of which are safety, quality, ethics, and integrity. These values are what we believe, what we expect, what we deliver, and what we live.

Bechtel is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity and expression, age, national origin, disability, citizenship status (except as authorized by law), protected veteran status, genetic information, and any other characteristic protected by federal, state or local law.

Applicants with a disability, who require a reasonable accommodation for any part of the application or hiring process, may e-mail their request to or call +1-800-749-2372 for assistance. Determinations on request for reasonable accommodation will be made on a case-by-case basis.


Juntos formando el mañana

Bechtel es una de las empresas de ingeniería, construcción y gestión de proyectos más respetadas a nivel mundial. Junto con nuestros clientes, entregamos proyectos emblemáticos que fomentan el progreso y el crecimiento económico a largo plazo. Desde 1898, hemos completado más de 25.000 proyectos extraordinarios en 160 países de los siete continentes. Operamos a través de cuatro unidades de negocios globales: Infraestructura; Nuclear, Seguridad y Medio Ambiente; Petróleo, Gas y Productos Químicos; y Minería y Metales. Nuestra empresa y nuestra cultura se basan en más de un siglo de liderazgo y una adherencia incesante a nuestros valores, cuyo núcleo son la seguridad, la calidad, la ética y la integridad. Estos valores son lo que creemos, lo que esperamos, lo que entregamos y lo que vivimos.

Bechtel es un empleador que ofrece igualdad de oportunidades. Todos los postulantes calificados serán considerados para su contratación sin distinción de raza, color, religión, sexo, orientación sexual, identidad y expresión de género, edad, nacionalidad, discapacidad, estado de ciudadanía (según lo autorice la ley), estatus militar, información genética y cualquier otra característica protegida por la ley federal, estatal o local.

Postulantes en situación de discapacidad, que requieran de ajustes razonables para cualquier etapa del proceso de reclutamiento y contratación, pueden enviar su solicitud por correo electrónico a para recibir apoyo. Determinaciones referentes a los requerimientos de ajustes razonables serán revisados  caso a caso.