Cost Engineer

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Bechtel Corporation
Saudi Arabia
USD 60,000 - 100,000
Be among the first applicants.
7 days ago
Job description

Requisition ID: 282831


  • Relocation Authorized: National/International - Camp
  • Telework Type: Full-Time Office/Project
  • Work Location: Trojena

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:

TROJENA (The Mountains of NEOM) will be an iconic, world-class destination, blending natural and developed landscapes and will offer unique experiences for residents and visitors alike. Located in the northwest of Saudi Arabia in the region of Tabuk just 50km from the coast, TROJENA will be a destination like no other on earth. Based upon the principles of eco-tourism, facilities will include a folded vertical village, a lake with water sports and event facilities, high altitude ski village, observatory, world leading health and wellbeing facilities and a nature reserve which will be home to unique wildlife, heritage sites and exploration opportunities.

With over 3,600 hotel, 2,200 homes, 9 iconic buildings and 100 world class indoor and outdoor experiences, Trojena will become the ultimate mountain destination. Bechtel will provide a full range of project management services to assist the delivery of this iconic destination.

A Cost Engineer would perform cost estimating, analysis, and control activities. Supports project organizational and administrative activities when delegated. Supervises cost engineering activities when delegated.


Job Summary:

In this role, you will perform routine cost estimating, analysis, and control activities and support the implementation of cost monitoring and control standards, preparation of cost data, and the project trend program. You will assist with budget allocation and developing quantity takeoffs, project codes, and application unit rates. Your work will help ensure projects stay on budget and excel.


Major Responsibilities:

  • Prepares Project Controls plans, and detailed manpower utilization plans for discipline or specialty activities.
  • Preparation of currency cashflow for hedge program.
  • Assists with Trend and Risk Management Programs.
  • Assists with contract management and payments.
  • Determines scope definition requirements for discipline or other specialty and works with Engineering and other sources to coordinate the production of required data to conform to the overall estimate preparation plan.
  • Performs or coordinates quantity development and verification for discipline or specialty. Develops, or assists in the development of, quantity bases for the assumption.
  • Performs, or coordinates the performance of, pricing structure development and application to takeoffs, derived quantities, quantity assumption, and cost allowances within a discipline or other specialty.
  • Plans, coordinates, and directs the preparation of specific budgets. Assists in developing requirements for budgeting standards.
  • Develops and implements requirements for cost recording, reporting, and assessing standards, programs, and reports. Performs performance monitoring and control functions.
  • Assists in developing specific project codes of accounts and recommends appropriate modifications and revisions. This includes training in the proper use of and definitions for the cost accounts.
  • Investigates requirements for estimating and/or cost control data for a specific discipline or other specialty applications.
  • Identifies or defines data sources and techniques for data acquisition and collects required data for a specific discipline or other specialty applications.
  • Assists in developing unit hour and pricing data for a specific discipline or another specialty, including estimating parameters, factors, indices, productivity, and craft distribution reference data, etc., based on analysis of Bechtel and industry experience. Performs data analysis, identifies problems, and makes recommendations.
  • Creates and implements measurement systems for given processes, examines performance metric results, and identifies improvements.

Education and Experience Requirements:

Bachelor’s Degree in engineering, Construction Management or related field with six years of project controls or cost related work experience. In lieu of Bachelor’s degree 8-10 years of project controls or cost control experience.


Required Knowledge and Skills:

  • Experience in performing, monitoring, and reviewing cost engineering functions, which include cost estimating, cost control, and cost analysis.
  • Knowledge in the use of computers for executing work processes; expert knowledge of MS Excel.
  • Intermediate to Expert experience in PFSR preparation, including multiple currencies.
  • Excellent oral and written Communication.
  • Knowledge of financial reporting systems and controller account codes, and an understanding of Controller instructions, which impact Project Controls (including Project Financial Status Reports and Earned Revenue Determination Data).
  • Intermediate level of knowledge of engineering, procurement, contracts, construction, and startup work processes, as performed by Bechtel.
  • Knowledge of engineering and construction management customarily acquired over time through specialized instruction or practical 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.


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 acesstmt@bechtel.com

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