Lead Cost Engineer Opportunity in Riyadh for Oil & Gas Projects
Job Details
- Country: Riyadh - Saudi Arabia
- Listed: February 17, 2026 11:52 am
- Expires: This ad has expired
Description
Job Overview
We are seeking a skilled Lead Cost Engineer to oversee budgeting, cost control, forecasting, and financial reporting for major oil and gas capital projects in Riyadh. This role requires a professional with strong expertise in multi-discipline cost engineering and a proven track record in managing project finances within the industry.
Key Responsibilities
The Lead Cost Engineer will be responsible for providing comprehensive cost analysis and control throughout the project lifecycle. This includes monitoring expenditures to ensure alignment with contractual terms, reviewing claims and change orders, and actively participating in contract negotiations to safeguard financial interests.
Required Skills and Experience
- Bachelor’s degree in Finance, Management Information Systems, Engineering, or a related discipline.
- At least 7 years of professional experience in cost engineering, preferably within oil and gas sectors.
- In-depth knowledge of multi-discipline cost engineering practices.
- Strong analytical skills to track, forecast, and report on project costs effectively.
- Excellent command of English, with full professional proficiency.
Preferred Qualifications
- Project Management Professional (PMP) certification.
- Certified Cost Professional (CCP) accreditation.
Additional Information
Applicants must provide detailed personal and professional information as part of the application process to ensure eligibility. This includes identification details, salary expectations, experience summaries, and residency/documentation status in Saudi Arabia.
How to Apply
Interested candidates are invited to submit their updated resume along with the required personal details to bhumi@skillsacquisition.com. When applying, please clearly mention the position and nationality in the subject line. For further inquiries, applicants can also reach out via WhatsApp at +91 92119 41824.
More About This Job
Utilizing your extensive experience, you will be pivotal in streamlining financial processes and enhancing the overall efficiency of project delivery. By applying strong analytical skills and financial acumen, you will significantly contribute to the successful completion of oil and gas projects in Riyadh, ensuring projects remain within budget and meet stakeholder expectations.
Your leadership will be essential in guiding junior engineers and fostering a collaborative environment that encourages innovative problem-solving. This opportunity not only challenges your current expertise but also paves the way for substantial career progression as you build a reputation within the industry for excellence in cost management.
Working in Engineering Jobs in Riyadh, Saudi Arabia
The job market in Riyadh is evolving rapidly, particularly in the engineering sector, where demand remains robust due to ongoing investments in infrastructure and energy projects. Companies are actively seeking skilled professionals who can contribute to complex projects, creating a competitive landscape for talent in the oil and gas industry.
As many firms expand their operations to meet local and regional demands, employees benefit from a wealth of opportunities for professional networking and collaboration. Understanding the nuances of local market practices can greatly enhance your employability and success within this thriving job market.