Cost Engineer

Wood
Saudi Arabia
Workplace: OnsiteFull timeFunction: Finance & AccountingExperience: 5-10 yearsEducation: bachelorsSkills: ["Cost estimation","Budgeting","Financial modeling","Analysis","Multidisciplinary teamwork"]

Cost Engineer to support project controls for Wood, focusing on cost estimation, budgeting, and financial modeling for mining projects. You’ll prepare detailed cost estimates, monitor costs, and conduct feasibility analyses, collaborating with multidisciplinary teams to optimize project economics.

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Wood
Wood
3 months ago

Cost Engineer

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Last checked: 15 hours agoStatus: Live

Job Summary

Cost Engineer to support project controls for Wood, focusing on cost estimation, budgeting, and financial modeling for mining projects. You’ll prepare detailed cost estimates, monitor costs, and conduct feasibility analyses, collaborating with multidisciplinary teams to optimize project economics.
Location: Saudi Arabia
Workplace: Onsite
Employment Type: Full time
Job Function: Finance & Accounting

Key Responsibilities

  • •Cost Estimation and Budget Development: Prepare detailed cost estimates for all phases of the mining project, including exploration, development, extraction, processing, and reclamation.
  • •Capital and Operating Cost Control: Monitor and control project costs related to mining equipment, infrastructure, labor, materials, and consumables to ensure alignment with the approved budget.
  • •Financial Modeling and Feasibility Analysis: Conduct economic evaluations, including life-of-mine (LOM) cost modeling, to assess project viability and support decision-making.
  • •Tendering and Contract Management: Assist in preparing tender documents for mining equipment, services, and construction contracts; evaluate bids and negotiate terms to optimize costs.
  • •Cost Tracking and Variance Analysis: Track actual expenditures against budgets, analyze variances, and implement corrective actions to prevent cost overruns.

Pay and Benefits

Perks:Health InsuranceAssistance ProgramSocial InsuranceEnd OfExamination LeaveInspire AwardsLong Service

Key Requirements

  • •Bachelor’s degree in engineering (Mining, Civil, Mechanical, or Electrical Engineering), Quantity Surveying, Construction Management, or related field
  • •Minimum 5-10 years of experience in cost estimation, control, and management within the mining industry
  • •Certified Cost Engineer (CCE) or Certified Cost Professional (CCP) from AACE International (PMP certification beneficial)
  • •Proficiency in cost management software (e.g., SAP, Primavera, CostX or equivalent)
  • •Excellent analytical, problem-solving and decision-making skills; ability to work in multidisciplinary teams
Experience:5-10 yearsMiningCost estimationBudgeting
Education:Bachelor's
Skills:Cost estimationBudgetingFinancial modelingAnalysisMultidisciplinary teamwork
Certifications:CCECCPPMP
Languages:English
Tech Stack:SAPPrimaveraCostXExcelModeling

Company Brief

Wood
Provides engineering, project delivery and technical consultancy services across energy, built environment and industrial sectors, delivering integrated solutions for oil & gas, renewables, infrastructure and environmental projects worldwide.
Industry: Consulting
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Aberdeen, United Kingdom
Founded: 1982
WebsiteLinkedIn