Confidential Government

Quantity Surveyor

Riyadh, Saudi ArabiaPosted 1 weeks ago

Salary
AED 9k–15k a month· est.
Job type
Full time
Level
Mid level
Field
Construction & Engineering
Work mode
On site

About the role

A leading semi-government entity in Saudi Arabia’s is looking for skilled professionals to join its growing team. Headquartered in Riyadh, the organization plays a strategic role in supporting economic development initiatives and driving long-term impact across key sectors. If you are looking for a meaningful career with an organization committed to sustainability, innovation, and industry excellence, this is your opportunity to be part of something impactful. Apply now and be part of a future-focused organization shaping tomorrow’s success. Job Purpose: To manage and control the commercial and financial aspects of contracts by independently verifying payments, monitoring contract costs, assessing variations and claims, and supporting accurate financial forecasting and contract close-out. The role ensures effective cost control, contractual compliance, and sound commercial decision-making throughout the contract lifecycle. Key Accountabilities: • Review and independently verify contractor, supplier, and service provider payment applications against completed works, delivered services, resource utilization, milestones, and contractual requirements. • Monitor contract expenditure, approved budgets, financial commitments, retention, and forecast final costs, identifying potential overruns and cost optimization opportunities. • Assess and value variations, change orders, additional works, scope changes, and price adjustments using contractual rates, cost breakdowns, and relevant market benchmarks. • Quantify and assess contractual claims, delay penalties, SLA deductions, rectification costs, and other financial adjustments to support commercial negotiations and contractual remedies. • Maintain contract financial registers, reconcile contract values against purchase orders and payments, and prepare periodic cost reports, forecasts, and commercial dashboards. • Prepare and reconcile final accounts, verify outstanding payments and deductions, assess retention releases, and support final settlement negotiations and contract close-out. • Support procurement during the pre-award stage by preparing and reviewing Bills of Quantities (BoQs), pricing schedules, payment mechanisms, cost estimates, and commercial evaluations of tender submissions. Minimum Qualifications & Experience: • Bachelor’s degree in quantity Surveying, Engineering, or a related discipline. • Minimum 4 years of experience in similar position.

Requirements

Bachelor’s degree in quantity surveying, engineering, or a related discipline. Minimum 4 years of experience in a similar position.

Responsibilities

  • To manage and control the commercial and financial aspects of contracts by independently verifying payments, monitoring contract costs, assessing variations and claims, and supporting accurate financial forecasting and contract close-out. The role ensures effective cost control, contractual compliance, and sound commercial decision-making throughout the contract lifecycle.
  • Key Accountabilities:
  • - Review and independently verify contractor, supplier, and service provider payment applications against completed works, delivered services, resource utilization, milestones, and contractual requirements.
  • - Monitor contract expenditure, approved budgets, financial commitments, retention, and forecast final costs, identifying potential overruns and cost optimization opportunities.
  • - Assess and value variations, change orders, additional works, scope changes, and price adjustments using contractual rates, cost breakdowns, and relevant market benchmarks.
  • - Quantify and assess contractual claims, delay penalties, SLA deductions, rectification costs, and other financial adjustments to support commercial negotiations and contractual remedies.
  • - Maintain contract financial registers, reconcile contract values against purchase orders and payments, and prepare periodic cost reports, forecasts, and commercial dashboards.
  • - Prepare and reconcile final accounts, verify outstanding payments and deductions, assess retention releases, and support final settlement negotiations and contract close-out.
  • - Support procurement during the pre-award stage by preparing and reviewing Bills of Quantities (BoQs), pricing schedules, payment mechanisms, cost estimates, and commercial evaluations of tender submissions.

Skills

  • Contract management
  • Cost control
  • Variations and change orders
  • Final accounts
  • BoQ preparation
  • Procurement support
  • Financial forecasting
  • Contractual compliance
  • Payments verification
  • Cost reporting
  • Commercial dashboards

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