Cost Estimation Engineer
WSP in the Middle East
Date: 2 hours ago
City: Riyadh
Contract type: Full time
What if you could do the kind of work the world needs?
At WSP, you can access our global scale, contribute to landmark projects and connect with the brightest minds in your field to do the best work of your life. You can embrace your curiosity in a culture that celebrates new ideas and diverse perspectives. You can experience a world of opportunity and the chance to shape a career as unique as you.
WSP Middle East are looking for a Cost Estimation Engineer to join an ongoing PMO framework in Riyadh.
Your new role, what's involved?
What if we can have work-life balance? What if we can be rewarded in ways that support our individual needs? What if we can be accepted for who we are? Here at WSP – we can!
WSP recognizes that work is only one part of our lives and making time for the other things in our life is important – be that our families, our friends or ourselves. So, if working from home, working part-time or having flexible start and finish time will help with this let us know as part of your application.
As well as rewarding you with competitive pay, WSP offers standard benefits including first class medical cover, generous days annual leave, and paid professional subscriptions.
Imagine a better future for you and a better future for us all.
Join our close-knit community of talented individuals who share your passion for making a positive impact. Our global team includes more than 69,000 employees, working together to make a difference in communities both close to home and around the world.
With us, you can. Apply today.
At WSP, you can access our global scale, contribute to landmark projects and connect with the brightest minds in your field to do the best work of your life. You can embrace your curiosity in a culture that celebrates new ideas and diverse perspectives. You can experience a world of opportunity and the chance to shape a career as unique as you.
WSP Middle East are looking for a Cost Estimation Engineer to join an ongoing PMO framework in Riyadh.
Your new role, what's involved?
- Manage all aspects of cost management across the project portfolio, including overseeing cost estimation, financial planning, and contract administration to ensure alignment with organizational objectives
- Prepare and review cost estimates, project budgets, and financial forecasts for multiple projects, ensuring consistency and adherence to PMO standards and best practices
- Evaluate and standardize contract terms and conditions across projects, ensuring compliance with organizational policies, industry standards, and regulatory requirements
- Monitor and control project costs across the portfolio, identifying cost risks, variances, and opportunities for cost optimization, while ensuring proactive mitigation strategies are in place
- Review and approve contractor invoices and payment applications across projects, ensuring accuracy, compliance with contract terms, and alignment with portfolio financial controls
- Prepare and issue consolidated progress and cost reports to project stakeholders, including senior management and clients, providing an overview of financial performance across the project portfolio
- Provide guidance and support to project managers and financial analysts on cost management processes, ensuring consistent application of PMO methodologies and tools
- Participate in portfolio-level project meetings and contract negotiations, offering expert advice and support on cost management strategies and financial planning
- Develop and maintain strong relationships with clients, contractors, and subcontractors, ensuring effective communication and collaboration across all projects managed by the PMO
- Stay current with industry trends and best practices in cost management, and identify opportunities for innovation and process improvements across the PMO's cost management framework
- Bachelor's degree in quantity surveying, construction management, or a related field
- 10+ years of experience in cost estimation and quantity surveying, preferably in the construction industry
- Professional accreditation, such as MRICS, is preferred
- Strong knowledge of cost management principles and practices, including quantity surveying, cost estimating, and contract administration
- Excellent analytical skills, with the ability to analyze and interpret complex data and financial information
- Strong attention to detail and accuracy, with the ability to identify and mitigate cost risks and variances
- Excellent communication and interpersonal skills, with the ability to build and maintain relationships with a wide range of stakeholders
- Strong leadership and management skills, with the ability to effectively manage and mentor junior members of the quantity surveying team
- Proficiency in relevant software and tools, such as Microsoft Excel and cost management software
- Knowledge of relevant legal and regulatory requirements related to construction cost management
What if we can have work-life balance? What if we can be rewarded in ways that support our individual needs? What if we can be accepted for who we are? Here at WSP – we can!
WSP recognizes that work is only one part of our lives and making time for the other things in our life is important – be that our families, our friends or ourselves. So, if working from home, working part-time or having flexible start and finish time will help with this let us know as part of your application.
As well as rewarding you with competitive pay, WSP offers standard benefits including first class medical cover, generous days annual leave, and paid professional subscriptions.
Imagine a better future for you and a better future for us all.
Join our close-knit community of talented individuals who share your passion for making a positive impact. Our global team includes more than 69,000 employees, working together to make a difference in communities both close to home and around the world.
With us, you can. Apply today.
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