Job description
Role Overview
Lead Cost Engineer at JASARA PMC, a joint venture between Public Investment Fund, Jacobs, and Saudi Aramco, delivering social infrastructure programs in Saudi Arabia in support of Vision 2030.
Company Overview
Jasara Program Management Company is a joint venture between Public Investment Fund, Jacobs, and Saudi Aramco. The company delivers 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.
Role Purpose
As a Lead Cost Engineer, you will 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.
Key Responsibilities
Cost Control & Reporting
- Own portfolio-wide cost reporting and monthly cost control cycles.
- Lead cost inputs for weekly and monthly reports, dashboards, and presentations.
- Establish reporting templates, controls, and audit trails.
Budget & Financial Management
- Manage budgets, allocations, transfers, and cost coding across contracts.
- Develop detailed forecasts, forecast-at-completion positions, and closeout projections.
- Prepare cash flow forecasts and funding requirements for termination, demobilization, preservation, settlement, and closeout.
- Track commitments, actuals, liabilities, settlements, and exposure through contract closure.
Validation & Reconciliation
- Oversee monthly accrual validation, reconciliation, aging reviews, and clearing of unsupported items.
- Reconcile SAP, Oracle Unifier, commercial records, and project reporting data.
- Explain movements across budgets, commitments, accruals, actuals, cash flow, and forecasts.
Commercial & Claims Support
- Provide cost substantiation for claims, disputes, settlements, and final account reviews.
- Support portfolio reviews and senior stakeholder discussions.
Qualifications & Experience
- 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.
- Experience presenting cost positions to senior leadership and working directly with client-side teams.
- Experience handling commercial discussions across contractors and consultants.
- 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.
Skills & Competencies
- Hands-on proficiency with SAP and Oracle Unifier.
- Advanced Excel skills.
- Experience using reporting and dashboard tools.
- Professional proficiency in English.