Cost Estimation Engineer

📍 Job Title: Cost Estimation Engineer

📍 Location: Dammam, Saudi Arabia

🏢 Company: A Strategic Business Unit of Abunayyan Holding

🏭 Industry: Electrical & Mechanical Services | Rotating Equipment | Electric Motors | Transformers | Industrial Maintenance

About the Role

The Company is seeking an experienced Cost Estimation Engineer to join its Commercial team in Dammam. The successful candidate will play a key role in preparing accurate and competitive cost estimates for workshop services, repair projects, shutdowns, turnarounds, and maintenance activities related to rotating equipment, electric motors, rewinding and transformers.

The role requires close collaboration with Commercial, Workshop, Procurement, and Sales teams to develop reliable costing models, optimize project profitability, and support business growth through competitive and technically sound proposals.

Key Responsibilities

Cost Estimation & Proposal Preparation

• Prepare detailed cost estimates, cost sheets, and pricing models for workshop repairs, maintenance services, and project-based activities.
• Develop accurate costing data for commercial proposals, quotations, and tenders.
• Review technical requirements, scope of work, drawings, and specifications to determine project costs.
• Coordinate with Sales, Workshop, Procurement, and Service teams to obtain accurate cost inputs.

Commercial & Cost Analysis

• Perform analytical reviews of estimated costs to ensure competitiveness and profitability.
• Monitor market trends, material pricing, labor costs, and subcontractor rates.
• Conduct cost analysis and identify opportunities for cost optimization and operational efficiencies.
• Support management in evaluating commercial risks and opportunities.

Rotating Equipment & Workshop Services

• Prepare cost estimates for repair, overhaul, maintenance, and refurbishment of:
• Electric Motors
• T ransformers
• Pumps
• Generators
• Other Rotating Equipment
• Handle shutdown and turnaround project costing activities.
• Develop standard costing templates and service cost structures for workshop operations.

Reporting & Continuous Improvement

• Maintain accurate cost databases and historical records.
• Utilize estimation tools, software, and methodologies to improve accuracy and efficiency.
• Support the development and implementation of cost control and reporting standards.
• Contribute to continuous improvement initiatives within the commercial and workshop functions.

Qualifications

Education

• Bachelor’s Degree in Electrical Engineering or Mechanical Engineering.

Experience

• Minimum 5 years of experience in cost estimation, commercial engineering, or project costing.
• Proven experience in rotating equipment, motors, transformers, and industrial maintenance services.
• Experience in workshop repair costing, shutdowns, turnarounds, and service operations is highly preferred.

Technical Skills

• Cost Estimation & Cost Analysis
• Rotating Equipment Repair Costing
• Motors & Transformers Maintenance Processes
• Commercial Proposal Preparation
• Project Scheduling & Cost Planning
• Cost Optimization Techniques
• Procurement & Vendor Cost Analysis
• SAP ERP
• Microsoft Office Suite
• Microsoft Project (Preferred)