Cost Lead Engineer

Location: Dammam, Eastern Province, sa

Company Description

Egis is an international player active in architecture, consulting, construction engineering and mobility services. We create and operate intelligent infrastructures and buildings that respond to the climate emergency and contribute to more balanced, sustainable and resilient territorial development. Operating in 100 countries, Egis puts the expertise of its 19,500 employees at the service of its clients and develops cutting-edge innovations accessible to all projects. Through its wide range of activities, Egis is a key player in the collective organisation of society and the living environment of citizens all over the world.

With 3,500 employees across 8 countries in the Middle East, Egis has delivered over 700 complex development projects, stimulating economic growth and enhancing quality of life. Ranked among the top ten firms in the Middle East by Engineering News Record (ENR), Egis is committed to sustainable development. The Group’s operations in the Middle East are built on strategic acquisitions and a deep understanding of local market conditions. Egis’ long history of providing comprehensive engineering, consulting, and project management services makes it a trusted partner for regional governments, investors, and developers.

Job Description

We are seeking an experienced and analytical Cost Lead Engineer to join our organization in Dammam, Saudi Arabia. In this pivotal role, you will lead cost management initiatives, drive financial efficiency across engineering projects, and provide strategic direction to cross-functional teams. You will be responsible for analyzing project costs, optimizing budgets, and ensuring cost-effective delivery of engineering solutions while maintaining the highest standards of quality and compliance.

• Lead and manage cost estimation, budgeting, and cost control activities for multiple engineering projects simultaneously
• Develop comprehensive cost models and financial forecasts using advanced analytical tools and methodologies
• Analyze project variances and identify cost-saving opportunities through process optimization and resource efficiency
• Mentor and supervise junior cost engineers and support staff, providing technical guidance and performance feedback
• Collaborate with project managers, engineers, and stakeholders to establish realistic budgets and cost baselines
• Monitor project expenditures against approved budgets and prepare detailed cost reports for senior management
• Implement and maintain cost management systems, ensuring data accuracy and compliance with organizational standards
• Conduct cost-benefit analyses for engineering proposals and capital investment decisions
• Drive continuous improvement initiatives using Lean and Six Sigma methodologies to reduce project costs
• Ensure adherence to company policies, industry regulations, and financial controls throughout all cost management processes

Qualifications

**Required Qualifications:**

• Bachelor's degree in Engineering, Finance, Economics, or related field
• Minimum 10 years of professional experience in cost engineering, project cost management, or financial analysis
• Minimum 5 years of supervisory or leadership experience managing technical teams
• Advanced proficiency in cost analysis, budget management, and financial modeling
• Strong analytical and problem-solving skills with exceptional attention to detail
• Proficiency with ERP systems and cost management software
• Excellent communication and stakeholder management abilities
• Demonstrated ability to work effectively in a fast-paced, multicultural environment

**Preferred Qualifications:**

• Project Management Professional (PMP) or Certified Cost Professional (CCP) certification
• Experience with cost modeling software and advanced Excel applications
• Knowledge of Lean Six Sigma methodologies and process improvement techniques
• Background in oil and gas, manufacturing, or construction industries
• Experience working in the Middle East or similar regional markets
• Proficiency with data visualization and business intelligence tools