Senior Cost Engineer

Job title: Senior Cost Engineer

Company: KEO International Consultants


Job description: Overview:KEO is a creative enterprise, where innovation is a way of life. We are uniquely resourced with end-to-end services to take clients from inspiration – through conceptualization – to realization of planning, design or project delivery in the built and natural environments. For over 60 years we’ve led with vision, contributing to many of the world’s most ambitious projects, iconic places, remarkable experiences and prosperous communities.As a highly integrated and agile AEP/PMCM firm, KEO is recognized by ENR as one of the Top 225 International Design Firms and one of the Top 20 International PM/CM Firms. We are also ranked by World Architecture as the 51st largest global architecture firm and the #1 Firm in the Middle East Region in their 2024 WA100 Survey.We invite you to join us. Why?When you join KEO, you’ll discover more than just a job – you’ll find a supportive environment that fosters your professional development through internal global mobility and career development and does so within a culture that supports company-wide health and well-being through on-demand counselling services and regular workplace clinics. You will be invited to celebrate community events such as sports days, fun-runs, in-house sports teams and beach clean ups. In addition to your competitive package and benefits you will have access to a suite of policies that include hybrid working arrangements, individual athletic sponsorship, study assistance sponsorship, employee referral rewards. Responsibilities:Our newest opportunity is for a talented Senior Cost Engineer to join our team based in Abu Dhabi, UAE.We envisage success in this role to include;

• Prepare and present detailed budget estimates utilizing benchmarked data, ensuring adherence to value engineering principles and risk management best practices.
• Establish and update a comprehensive benchmarking database to track costs and performance metrics at both regional and international levels.
• Actively facilitate and contribute to Value Engineering workshops, identifying and recommending economic solutions that align with project goals.
• Attend and contribute to cost meetings, providing expert advice on construction costs and related commercial issues to stakeholders.
• Conduct regular site visits to familiarize with project conditions, assess work progress, and provide actionable recommendations based on site characteristics.
• Review project designs and initiate timely cost planning processes, ensuring alignment with project scope and budget.
• Lead efforts in continuous improvement by employing cost engineering techniques to identify inefficiencies and implement cost optimization measures.
• Monitor and analyze economic trends, assessing their impact on project costs and identifying associated risks.
• Ensure the application of standardized and professional cost engineering management processes and practices across all projects.
• Collaborate with project teams to develop accurate forecasts of project costs, identifying potential cost-saving opportunities and value engineering options.
• Review and assess Change Notices and Claims, providing recommendations and evaluations to support effective cost management.
• Define and gather essential cost-related information from contractors and suppliers for all contracts within the project program.
• Review and verify contractor payment applications and invoices, assisting in their submission for financial control and approval.
• Monitor, prepare, and report on cash flow forecasts in alignment with project schedules, ensuring accuracy and timeliness.
• Build and maintain effective relationships with internal customers, management, contractors, and suppliers to ensure the integrity of cost and estimation processes.

Qualifications:To be successful in this dynamic opportunity, we envision that your career journey to date will include 12 years of work experience partnered with a Bachelor’s degree in engineering or equivalent.Other selection criteria:

• We are specifically seeking candidates who are currently based in the UAE.
• A minimum of 5 years of experience in the construction industry in the UAE is required, with a proven background in working on warehouses, light industrial units, and infrastructure projects.
• Strong background in cost management and estimation within the construction sector.
• Membership with a recognized professional management institution is preferred.
• Proven experience in estimating multi-project programs in complex environments with multiple stakeholders.
• Thorough understanding of market costs related to labour, plant, and materials in the UAE; international experience is an advantage.
• Proficient in Microsoft Office Suite, with intermediate to advanced skills in MS Project.

KEO’s performance is founded upon integrity, results, innovation, safety and our people. We embrace diversity and recognise its’ contribution to client success wherever we work.We are excited to hear how you can partner with our award-winning team and treat all expressions of interest confidentially.

Expected salary:

Location: Abu Dhabi

Job date: Sat, 22 Mar 2025 23:04:31 GMT

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