Lead Cost Engineer
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Before you apply
LocationTabuk, Tabuk Province, Saudi Arabia
Typefull-time
SeniorityLead
Experience20+ yrs
DepartmentTHE LINE - NEOM
Company size1,001–5,000 people
PostedAug 25, 2026 · 2mo ago
Verified live1d ago
At a glanceSummarised by Seekless from the posting.
Bachelor's degree in Engineering, Construction Management, Quantity Surveying, Project Management, Business, Finance, or a related discipline
20+ years of experience in project controls and cost management
10+ years on major projects in Saudi Arabia or the GCC
Proven experience managing cost control on mega-projects or mixed-use programs with multi-billion SAR portfolios and high contract volumes
Substantial experience across budgets, accruals, forecasts, commitments, cash flow, funding, and cost reconciliation
Experience supporting contract termination, demobilization, preservation, final account, or closeout activities
Experience with claims, disputes, and settlements
Hands-on proficiency with SAP and Oracle Unifier
Advanced Excel skills
Experience using reporting and dashboard tools
Experience presenting cost positions to senior leadership and working directly with client-side teams
Experience handling commercial discussions across contractors and consultants
Professional proficiency in English
Experience as part of an owner, IPMT, PMC, or major program organization
Holding a PMP, CCP, RICS, AACE, or comparable credential
Skills
SAP
Oracle Unifier
Excel
About the company
Jasara Program Management Company is a joint venture between Public Investment Fund, Jacobs, and Saudi Aramco, delivering social infrastructure programs in Saudi Arabia in support of Vision 2030. Working at the intersection of program management, construction, and national-scale delivery, the company plays a key role in shaping complex infrastructure initiatives with strong governance, commercial discipline, and long-term impact.
About the role
As a Lead Cost Engineer, you will help steer portfolio-level cost performance across major programs, bringing structure, rigor, and clear insight to complex financial and commercial environments. This role is central to supporting informed decision-making across project and leadership teams, ensuring cost positions are well understood, well substantiated, and aligned with the broader objectives of program delivery.
Responsibilities
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Own portfolio-wide cost reporting and monthly cost control cycles.
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Manage budgets, allocations, transfers, and cost coding across contracts.
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Develop detailed forecasts, forecast-at-completion positions, and closeout projections.
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Oversee monthly accrual validation, reconciliation, aging reviews, and clearing of unsupported items.
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Track commitments, actuals, liabilities, settlements, and exposure through contract closure.
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Prepare cash flow forecasts and funding requirements for termination, demobilization, preservation, settlement, and closeout.
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Reconcile SAP, Oracle Unifier, commercial records, and project reporting data.
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Lead cost inputs for weekly and monthly reports, dashboards, and presentations.
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Provide cost substantiation for claims, disputes, settlements, and final account reviews.
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Establish reporting templates, controls, and audit trails.
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Explain movements across budgets, commitments, accruals, actuals, cash flow, and forecasts.
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Support portfolio reviews and senior stakeholder discussions.
Requirements
•
Bachelor’s degree in Engineering, Construction Management, Quantity Surveying, Project Management, Business, Finance, or a related discipline.
•
20+ years of experience in project controls and cost management, including 10+ years on major projects in Saudi Arabia or the GCC.
•
Proven experience managing cost control on mega-projects or mixed-use programs with multi-billion SAR portfolios and high contract volumes.
•
Substantial experience across budgets, accruals, forecasts, commitments, cash flow, funding, and cost reconciliation.
•
Experience supporting contract termination, demobilization, preservation, final account, or closeout activities.
•
Experience with claims, disputes, and settlements.
•
Hands-on proficiency with SAP and Oracle Unifier, along with advanced Excel skills and experience using reporting and dashboard tools.
•
Experience presenting cost positions to senior leadership and working directly with client-side teams.
•
Experience handling commercial discussions across contractors and consultants.
•
Professional proficiency in English.
•
Experience as part of an owner, IPMT, PMC, or major program organization is preferred.
•
Holding a PMP, CCP, RICS, AACE, or comparable credential is a plus.