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Home/Jobs/Senior Cost Engineer
AECOM logo
AECOM

Senior Cost Engineer

🇸🇦 Jeddah, Saudi Arabia🏢 On-site
Cost EngineeringCost EstimationProject ControlsInfrastructureBudgetingCost Management
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AECOM logo
AECOM
5000+ employees

Company Description

Work with Us. Change the World.

At AECOM, we're delivering a better world. Whether improving your commute, keeping the lights on, providing access to clean water, or transforming skylines, our work helps people and communities thrive. We are the world's trusted infrastructure consulting firm, partnering with clients to solve the world’s most complex challenges and build legacies for future generations.

There has never been a better time to be at AECOM. With accelerating infrastructure investment worldwide, our services are in great demand. We invite you to bring your bold ideas and big dreams and become part of a global team of over 50,000 planners, designers, engineers, scientists, digital innovators, program and construction managers and other professionals delivering projects that create a positive and tangible impact around the world.

We're one global team driven by our common purpose to deliver a better world. Join us.

Job Description

We are seeking a Senior Cost Engineer to join our organization in Makkah, Saudi Arabia. In this role, you will be responsible for managing and controlling project costs on design and construction projects for urban infrastructure and facilities development. You will develop comprehensive cost estimates, provide strategic financial guidance, and leverage your commercial management expertise to support successful project delivery. As a Senior Cost Engineer, you will apply your analytical expertise and technical knowledge to optimize resource allocation, identify cost-saving opportunities, and ensure projects remain within budget parameters while maintaining quality standards.

  • Develop detailed cost estimates and budgets for design and construction projects using industry-standard cost estimating practices, calculation methodologies, and cost management software
  • Apply comprehensive knowledge of cost estimating standards, procedures, and specifications relevant to urban infrastructure and facilities projects
  • Analyze project costs, identify variances, and implement corrective actions to maintain budget compliance and financial performance
  • Conduct cost-benefit analyses and feasibility studies to support project decision-making and strategic planning for infrastructure and facilities development
  • Monitor and track project expenditures across design and construction phases, prepare detailed cost reports, and communicate financial performance to stakeholders
  • Collaborate with project managers, engineers, and procurement teams to forecast costs, manage financial resources effectively, and support commercial management objectives
  • Review and validate vendor quotes, contracts, and invoices to ensure accuracy, cost optimization, and compliance with project specifications
  • Develop and maintain cost models, databases, and historical cost information for urban infrastructure and facilities projects to support future estimating and planning
  • Provide cost engineering expertise and recommendations to senior management on project profitability, financial risk mitigation, and commercial viability
  • Mentor junior cost engineers and support the development of cost management processes, best practices, and calculation methodologies
  • Ensure compliance with organizational policies, industry standards, regional regulations, and cost estimating procedures in all cost management activities

Qualifications

  • Bachelor's degree in Engineering or related discipline
  • Minimum 10 years of professional experience in cost engineering, commercial management, or project cost management
  • Demonstrated experience in design and construction projects for urban infrastructure and facilities development
  • Comprehensive knowledge of cost estimating practices, calculation methodologies, industry standards, procedures, and specifications
  • Strong proficiency in cost estimation, budgeting, and financial forecasting
  • Advanced knowledge of cost management software and tools (e.g., Primavera, SAP, or equivalent platforms)
  • Proven expertise in cost control, variance analysis, and financial reporting
  • Excellent analytical and problem-solving skills with strong attention to detail
  • Proficiency in data analysis, spreadsheet modelling, and financial software applications
  • Solid understanding of engineering principles and project lifecycle management
  • Strong communication and presentation skills with the ability to engage diverse stakeholders
  • Proven leadership experience and ability to mentor and develop team members
  • Experience managing large-scale projects with complex cost structures
  • Familiarity with Saudi Arabia or Middle East regional business practices and regulations (preferred)
  • Professional cost engineering certification or equivalent qualification (preferred)
  • Fluency in English; Arabic language skills are advantageous

Additional Information

At AECOM, we are committed to maintaining a secure and trustworthy recruitment process and take any fraudulent hiring activity seriously. To support this commitment, all newly hired employees are required to attend an in-person Day 1 onboarding at an AECOM office location as a condition of employment.

About AECOM

AECOM is proud to offer comprehensive benefits to meet the diverse needs of our employees. Depending on your employment status, AECOM benefits may include medical, dental, vision, life, AD&D, disability benefits, paid time off, leaves of absences, voluntary benefits, perks, flexible work options, well-being resources, employee assistance program, business travel insurance, service recognition awards, retirement savings plan, and employee stock purchase plan.

AECOM is the global infrastructure leader, committed to delivering a better world. As a trusted professional services firm powered by deep technical abilities, we solve our clients’ complex challenges in water, environment, energy, transportation and buildings. Our teams partner with public- and private-sector clients to create innovative, sustainable and resilient solutions throughout the project lifecycle – from advisory, planning, design and engineering to program and construction management. AECOM is a Fortune 500 firm that had revenue of $16.1 billion in fiscal year 2025. Learn more at aecom.com.

What makes AECOM a great place to work

You will be part of a global team that champions your growth and career ambitions. Work on groundbreaking projects - both in your local community and on a global scale - that are transforming our industry and shaping the future. With cutting-edge technology and a network of experts, you’ll have the resources to make a real impact. Our award-winning training and development programs are designed to expand your technical expertise and leadership skills, helping you build the career you’ve always envisioned. Here, you’ll find a welcoming workplace built on respect, collaboration and community - where you have the freedom to grow in a world of opportunity.

As an Equal Opportunity Employer, we believe in your potential and are here to help you achieve it. All your information will be kept confidential according to EEO guidelines.

Requirements

  • •Comprehensive knowledge of cost estimating standards, procedures, and specifications
  • •Experience in urban infrastructure and facilities projects
  • •Proficiency in industry-standard cost estimating practices and calculation methodologies
  • •Ability to conduct cost-benefit analyses and feasibility studies
  • •Analytical expertise to optimize resource allocation and identify cost-saving opportunities

Responsibilities

  • •Develop detailed cost estimates and budgets for design and construction projects
  • •Analyze project costs, identify variances, and implement corrective actions
  • •Monitor and track project expenditures across design and construction phases
  • •Prepare detailed cost reports and communicate financial performance to stakeholders
  • •Collaborate with project managers, engineers, and procurement teams to forecast costs
  • •Review and validate vendor quotes, contracts, and invoices for accuracy and compliance
  • •Develop and maintain cost models, databases, and historical cost information
  • •Provide cost engineering expertise and recommendations to senior management

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Before You Apply
  • Test your resume against AECOM's ATS
  • Get AI-rewritten bullet points
  • Download Gulf-ready CV
Find Out Now

60 seconds. $3.99 one-time.

GCC Info
Company
AECOM logo
AECOM
5000+ employees

AECOM is a global provider of professional, technical, and management support services for infrastructure projects. They serve government and private sector clients worldwide.

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