Sr. Cost Engineer

Sr. Cost Engineer

- Riyadh, Saudi ArabiaPosted 2 months ago 35People have clicked 1 open position Experience Needed: Not Specified Education Level: Not Specified Job Details

Career Level: Experienced (Non-Manager) Salary: Confidential Job Categories:

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Job Description

DescriptionWork in conjunction with all department to ensure maximum profitability.Provide critical assessment of all budgets and cost projections.Assess all incoming products, resources, and services to ensure the best price.Maintain vendor and service provider relationships.Remain acutely aware of market trends that could impact resource costs.Keep up to date on new vendors and possible cost-cutting partnerships.Analyze invoices to ensure correct products/services were received at the expected cost.Collaborate with department heads to strategize ways to minimize waste.Demonstrate a comprehensive understanding of the interdependency of cost drivers.Understand the entire arc of the business and how productivity impacts profitability.Commit to maximizing efficiency at all levels without compromising quality.Develop and implement proactive solutions and cost-cutting measures.Present new strategies and assessments to stakeholders in a compelling fashion.Educate and persuade stakeholders to procure buy-in and cooperation.Roll out clear cost-saving programs with timelines and assessment goals.QualificationsBachelor's in engineering. Strong knowledge in MS Office.Good communication skills.