# Lead Cost Estimator

> ABIS · Al Khobar, Saudi Arabia · Full-time · Posted 2026-08-03

**Workplace:** on_site

**Department:** ABICON

## Description

**Job Summary:** Lead and Manage bid/project cost estimation activities. Develop and validate classified estimates, Lead the Proposal/estimation team which shall include for engineering discipline leads and/or senior engineers, construction and procurement experts, project planning and controls, Shall maintain confidentiality of information as deemed required.

**Duties & Responsibilities:**

-   Lead and manage all cost estimation activities for the EPC, and execution phases. 
-   Develop, review, and validate Class 1 to Class 5 _(Level 1 – Order of Magnitude, Level 2 – Schematic/Conceptual Design, Level 3- Design Development, Level 4 – Construction Document, and Level 5 – Bid estimate_). cost estimates in accordance with project requirements and industry best practices. 
-   Prepare detailed estimates, including material, labor, equipment, construction, indirect costs, and contingency assessments. 
-   Establish cost estimating methodologies, databases, norms, and benchmarks to support project decision-making. 
-   Coordinate with engineering disciplines, procurement, construction, and project controls teams to ensure accurate and timely estimates.
-   Evaluate contractor and vendor estimates and provide technical recommendations. 
-   Perform cost risk analysis, sensitivity analysis, and estimate assurance reviews. 
-   Support value engineering initiatives and identify cost optimization opportunities. 
-   Prepare estimate basis documents, cost reports, management presentations, and supporting documentation for project approvals. 
-   Ensure compliance with Client standards, project procedures, and company estimating practices. 
-   Lead, mentor, and supervise a team of Specialists, Senior Engineers, and Engineers involved in cost estimation activities. 
-   Interface effectively with clients, stakeholders, and project management teams to support project objectives.

## Requirements

**Experience:**

-   Minimum 15 years of relevant experience in the Oil & Gas or Petrochemical industry. 
-   Minimum 5 years of experience in a similar role on major Oil & Gas or Petrochemical projects. 

**Education:**

-   Bachelor’s degree in engineering or an equivalent qualification from an accredited university. 
-   Certification and training courses from AACE and such an additional advantage

**Required Skills & Abilities:**

**1- Core Competencies:**

-   Experience in managing and leading teams comprising Specialists, Senior Engineers, and Engineers. 
-   Strong knowledge of cost estimating techniques, industry norms, benchmarking, and estimating software/tools.
-   Excellent communication, leadership, and stakeholder management skills.
-   Ability to work effectively within multidisciplinary and multicultural project environments.

**2- Technical Skills:**

-   **Estimate Development**: Lead the preparation of comprehensive EPC cost breakdowns for materials, labor, and equipment.
-   **Risk & Variance Analysis**: Conduct cost risk, sensitivity, and historical reconciliation reviews.
-   **Cross-functional Collaboration**: Coordinate with engineering, procurement, and project controls teams to validate scopes.
-   **Team Leadership**: Mentor and supervise junior engineers and specialists while enforcing company estimating standards
-   **Soft skills:** Proficient in advanced MS Excel, work breakdown structures (WBS), and specialized estimating

## Apply

[Apply at ABIS](https://apply.workable.com/abis/j/3E8D664D7E/apply)

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