Summary
Wood is seeking an Estimator to support its projects business in Al-Khobar, Saudi Arabia. The role develops cost estimates from feasibility and FEED through project execution, documents estimating assumptions, and analyzes risk and contingency. It also works with engineering, procurement, construction, and commissioning teams to validate costs and identify value-engineering options. Applicants typically need a relevant bachelor’s degree or equivalent experience, at least 15 years of experience, and some knowledge of Aramco and non-Aramco procedures.
The posting
As published on woodplc.com. Pulled from the employer's site and shown as they wrote it.
Wood is currently seeking a Estimator VI to support our projects business located in Saudi Arabia
Responsibilities
What we can offer
- Medical Insurance - Ensures specialist care is available to you and eligible family members residing in country. Pre-existing medical conditions are covered. No limit on number of children covered under the policy however age and coverage limits apply in line with KSA CCHI rules. Option to select higher medical cover payable at employees own expense.
- Employee Assistance Programme - Allows you to feel comfortable knowing that you or your immediate family members can confidentially discuss any work or personal issues that are an inevitable part of life. The program helps support your mental, physical, social & financial well-being.
- GOSI (Social Insurance) - Payable to KSA employees, social insurance contributions are paid by the company in line with Government legislation to cover occupational hazards.
- End of Service Gratuity - In line with KSA Labour Law, all employees are eligible for an End of Service benefit.
- Examination Leave - Upon company approval to enroll in an education institute or to continue within such institution, employees have the right to fully paid leave to sit for an examination of an unrepeated year. Leave duration is based on the days of actual examination and must be applied for no less than fifteen days prior exam
- Professional Memberships - One professional membership, registration, subscription, certification and/or license cost per annum for all active Wood employees. The membership must be relevant to the role you are currently employed in or be part of a development plan. Reimbursement should be claimed via the expenses procedure system, with supporting evidence.
- Inspire Awards - Our annual awards programme is all about recognising and celebrating our inspirational colleagues – those designing the future, upholding our values and playing a pivotal role in delivering our strategy. Employees can recognise those who inspire them and make their day by nominating them for their hard work, innovation and tenacity.
- Long Service Award - Wood values the commitment and loyalty of our people. Celebrating Long Service provides an opportunity for the business to demonstrate their appreciation of the hard work, dedication and many years’ service of our employees at 5 year service milestones.
- Career Development Champions - Prioritizes structured growth through goal setting and resource utilization. Employees use tools for planning and feedback, with managers actively coaching and mentoring to support advancement. Continuous learning and development are emphasized to help employees achieve their career goals effectively.
Typical responsibilities
- Conceptual and Strategic Estimating: Develop high-level and detailed cost models from early feasibility and FEED (Front-End Engineering Design) stages through execution.
- Methodology Application: Choose and apply proper estimating techniques, including parametric estimating (cost per unit), analogous estimating (historical project data), bottom-up buildup via WBS (Work Breakdown Structure), and direct vendor quotes.
- Cost Category Breakdown: Segregate direct costs (materials, construction labor, equipment) from indirect costs (engineering services, project management, site overhead, permitting).
- Risk and Contingency Analysis: Quantify project risks and assign appropriate contingency and escalation reserves for market volatility and inflation.
- Basis of Estimate (BOE) Documentation: Document all assumptions, level-of-definition percentages, design limits, and pricing databases used to build the estimate.
- Cross-Functional Collaboration: Work closely with Engineering, Procurement, Construction, and Commissioning managers to verify that designs, lead times, and execution strategies match financial numbers.
- Value Engineering: Propose cost-saving alternatives, material substitutes, or construction methods without lowering project quality or safety.
- Benchmarking and Validation: Cross-reference internal forecasts against industry standards, historical databases, and current regional market trends.
Qualifications
What makes you remarkable?
At Wood, we are committed to equal opportunities and welcome all talented individuals to consider joining our team. If you don’t meet every requirement listed, but believe you have relevant experience, knowledge, or transferable skills, we encourage you to apply.
Some roles may include mandatory qualifications or legislative requirements that cannot be adjusted. Where this applies, these criteria will be clearly highlighted. For all other aspects of the role, we are open to considering a wide range of backgrounds and experiences.
It will take all of us working together to deliver solutions to the world’s most critical challenges
Qualifications
- Typically requires ISCED level 6 (Bachelors) Degree in a relevant technical or business discipline (or equivalent gained through relevant vocational training and/or industry experience)
- Minimum of (15) years of experience
- Having some knowledge of Aramco and non-Aramco procedures.