Cost Engineer; Finance

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Bechtel has been involved over the last 80 years in some of the world’s busiest and most complex airport projects, including Greenfield and Brownfield developments. In the GCC, we have held significant roles on King Khalid, King Fahad, Dubai, Hamad, and Muscat international airports.

Saudi Arabian Bechtel Company has been appointed to provide project management consultancy services (including technical, commercial, and construction management) for the development of a state of the art international airport in the city of Riyadh, Kingdom of Saudi Arabia.

King Salman International Airport will have a capacity of up to 120 million travellers by 2030 and 185 million travellers by 2050, and the capacity to process up to 3.5 million tons of cargo by 2050. Bechtel will provide PMC services for three new terminals;
Terminal 6 is a new build ‘low cost carrier’ – hyper efficient terminal with gross floor area of ≈450,000m2, capacity of 20mppa;
Iconic Terminal is a new build ‘new concept’ terminal with gross floor area of ≈ 1M m2, capacity of 40 to 45 mppa, and Private Aviation Terminal and hangars for VIPs and business jet passengers.

In this role, you will support the finance and routine cost estimating, analysis, control activities, support the implementation of cost monitoring and control standards, preparation of cost data, the project trend program. You will also assist with budget allocation and developing quantity takeoffs, project codes, and application unit rates. Your work will help ensure projects stay on budget and excel.

• Performs routine cost estimating, analysis, and control activities, as directed
• Supports the implementation of cost monitoring and control standards, techniques, systems, and reports
• Assists with budget allocation and reporting/cost control for specific construction discipline or group of disciplines
• Supports the preparation of cost data for proposals or contracts
• Assists in the development of quantity takeoffs for a specific discipline or specialty
• Assists in developing specific project codes of accounts and recommends appropriate modifications and revisions
• Supports the project trend program
• Assists in the development and application of unit rates (cost and job hours) to quantity takeoffs
• Supports project accounting activities, including cost tracking, general ledger, and sub-job financial management, ensuring accuracy and data integrity.
• Supports monthly close, forecasting, and financial reporting, including required variance analysis.
• Supports the preparation and review of client invoices to ensure compliance with contract terms and supporting documentation requirements.
• Reviews and processes vendor invoices to ensure proper cost coding and…