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Cost & Financial Analysis Engineer
Job in
Al Khafjī, Eastern Province, Saudi Arabia
Listed on 2026-02-05
Listing for:
Aramco Gulf Operations Company
Full Time
position Listed on 2026-02-05
Job specializations:
-
Engineering
Estimator, Civil Engineering
Job Description & How to Apply Below
Location: Al Khafjī
To perform a variety of cost engineering and cost estimation functions for on-going projects, contracts, in order to forecast capital expenditure. Analyzes the contract terms and technical scope requests for various projects to develop realistic cost estimates.
Skills- Policies, Processes and Procedures:
Applies approved section policies, processes, and procedures and monitors adherence so that work is carried out in a controlled manner - Day-to-day operations:
Applies the day-to-day operations assigned for the ESD department to ensure compliance with the established standards and procedures - Project Management:
Performs a variety of cost engineering functions encompassing estimation of capital expenditure, budget preparations, forecasting and cost reporting for various projects - Performs and ensures an effective cost estimation function for ongoing projects
- Prepares, reviews, monitors, analyses and reports all cost data for projects associated with capital expenditure program
- Applies all standard software in cost evaluation of the projects
- Supports other departments e.g. PCD for cost estimates and verification of capital projects
- Reviews, creates, and updates guidelines relevant to cost estimation job to ensure accuracy and planning
- Prepares and monitors Baseline budgets, Baseline Progress Curves, cash-flow and forecasts in order to forecast the future year
- Reviews contractors, material take-off and budgetary estimates for various project proposals and for department budget forecasts
- Support Superintendent in developing Engineering work orders / Service orders with in-house cost estimates to evaluate the bids by GES Contractors
- Estimates and forecasts, based on a good understanding of the contract terms, capital expenditure in accordance with cost estimation guidelines
- Prepares section reports in a timely and accurate manner to meet Company and section requirements, policies and standards
- Prepares and monitors Earned Value Progress and Performance report
- Complies with all relevant safety, health and environmental procedures to ensure a healthy and safe work environment
- Performs other related duties or assignments as directed
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