We Are Hiring! Senior Cost Engineer – Jeddah, Saudi Arabia
Are you a highly experienced Cost Engineer with a strong background in project cost control, earned value management, and construction financials? A well-established company in Jeddah is looking for a seasoned Senior Cost Engineer to take ownership of their cost management operations across major projects. If you have 10+ years of relevant experience and the technical expertise to drive financial performance on complex projects — this is the opportunity you have been waiting for!
📋 Job Details
| Job Title | Senior Cost Engineer |
| Job Location | Jeddah, Saudi Arabia |
| Company | Levels (Member since October 2022) |
| Job Type | Full-Time |
| Salary | SAR 15,000 – SAR 22,000 per month (Based on Experience) |
| Experience Required | Minimum 10 Years of Related Experience |
| Education Required | Bachelor’s Degree in Civil Engineering, Quantity Surveying, Construction Management, or Related Field |
| Industry | Construction / Engineering / Project Controls |
| Application Deadline | Open Until Filled |
| Contact Email | jobs@levels.sa |
🏢 About the Employer
Levels is a reputable and growing company based in Jeddah, Saudi Arabia, listed on SaudiaJobs.net since October 2022. Operating in the construction, engineering, and project controls sector, Levels is known for its commitment to excellence in project delivery and financial governance. As Saudi Arabia continues its ambitious infrastructure and development push under Vision 2030, Levels is expanding its team of senior professionals to manage complex, high-value projects across the Kingdom. This is a senior-level role that requires technical depth, commercial awareness, and the ability to lead cost functions with precision.
📝 Key Accountabilities
- Develop, implement, and maintain project cost control systems, procedures, and reporting tools to ensure full financial visibility across all active projects.
- Prepare and manage project budgets, cost baselines, and cash flow forecasts in alignment with project timelines and contractual obligations.
- Monitor project expenditures and commitments against approved budgets and highlight variances with detailed root cause analysis and corrective recommendations.
- Perform comprehensive cost analysis, cost-to-complete forecasting, and Earned Value Management (EVM) reporting for project leadership and stakeholders.
- Review and validate subcontractor payments, supplier invoices, and variation orders to ensure accuracy, compliance, and proper authorization.
- Evaluate change orders, contractual claims, and variations, providing detailed cost impact assessments and supporting the commercial team in negotiations.
- Prepare periodic cost reports including forecasts, commitment summaries, and financial performance dashboards for management review.
- Support tendering and pre-award activities through accurate cost estimation, benchmarking, and Bill of Quantities (BOQ) analysis.
- Coordinate closely with project managers, planning engineers, procurement, and commercial teams to ensure alignment and consistency of cost data.
- Identify cost-saving opportunities and provide actionable recommendations for value engineering and budget optimization initiatives.
- Maintain accurate and organized cost records, logs, and documentation for audit readiness and internal reporting purposes.
- Ensure full compliance with contractual requirements, company financial policies, and established project controls standards at all times.
✅ Requirements
- Bachelor’s degree in Civil Engineering, Quantity Surveying, Construction Management, or a closely related field is required.
- Minimum 10 years of progressive experience in cost engineering, cost control, or quantity surveying on large-scale construction or engineering projects.
- Strong expertise in Earned Value Management (EVM), cost forecasting, and project controls methodologies.
- Proven ability to review and assess subcontractor claims, variation orders, and contractual cost impacts.
- Proficiency in cost management and project controls software such as Primavera P6, Oracle, SAP, or similar platforms.
- Advanced skills in Microsoft Excel and financial reporting tools for cost analysis and dashboard preparation.
- Excellent analytical, communication, and stakeholder management skills with a high attention to detail.
- Prior experience working on projects in Saudi Arabia or the GCC region is strongly preferred.
- Professional certifications such as CCE (Certified Cost Engineer) or RICS membership are an added advantage.
🎁 Benefits
- Competitive salary: SAR 15,000 – SAR 22,000/month based on experience
- Senior-level role with significant responsibility and visibility within the organization
- Work on high-value construction and engineering projects in Saudi Arabia
- Career growth opportunities within an expanding project controls function
- Professional environment aligned with Vision 2030 infrastructure development
- Direct hiring through a reputable and established employer in Jeddah
❓ Frequently Asked Questions (FAQ)
Is 10 years of experience strictly required?
Yes. The employer has clearly stated that a minimum of 10 years of related experience is required for this senior-level position. Candidates with fewer years of experience in cost engineering or project controls will not be considered for this role.
What industries does this experience need to be in?
Experience should be in construction, civil engineering, infrastructure, or related project-based industries. Candidates with a background in large-scale building, infrastructure, or industrial projects in Saudi Arabia or the GCC are strongly preferred.
What is Earned Value Management (EVM) and is it required?
Earned Value Management (EVM) is a project performance measurement technique that integrates scope, schedule, and cost to assess project progress. Strong knowledge of EVM is a core requirement for this role as it is central to the Senior Cost Engineer’s reporting responsibilities.
How do I apply for this position?
Send your updated CV and a brief cover letter to jobs@levels.sa. Mention the job title “Senior Cost Engineer” clearly in the subject line of your email.
Are professional certifications required?
Professional certifications such as CCE (Certified Cost Engineer) or RICS membership are not mandatory but are considered a strong advantage and may support a higher salary offer.
What is the salary range for this position?
Based on market rates for senior cost engineers in Jeddah with 10+ years of experience, the expected salary range is SAR 15,000 – SAR 22,000 per month. Final salary will be discussed and agreed based on the candidate’s qualifications and experience.
What does the hiring process look like?
Submit your CV via email. The HR team at Levels will review your application and shortlisted candidates will be contacted for a structured interview process. Given the seniority of the role, expect a thorough and professional evaluation process.
👉 How to Apply
If you are a seasoned Cost Engineer ready to take on a senior role with a reputable company in Jeddah — do not miss this opportunity. Send your CV today!
📍 Location: Jeddah, Saudi Arabia
🏢 Company: Levels
⚠️ Important Notice: Do not pay any fee to any agent or third party. This is a direct recruitment by Levels. All applications must be submitted directly via the email address provided above.
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