Savills Middle East
Senior Cost Manager
Riyadh, Saudi ArabiaPosted 2 days ago
- Salary
- AED 15k–29k a month· est.
- Job type
- Full time
- Level
- Lead
- Field
- Construction & Engineering
- Work mode
- On site
About the role
The Role Lead the project cost management and commercial workstream, protecting the client’s financial and contractual position from mobilisation through final account. The role will provide senior advice on payments, change, claims, forecasting, procurement and commercial risk across multiple work packages. Key Responsibilities • Lead project cost control, commercial governance, reporting and coordination with the client, project management and site supervision teams. • Establish cost management procedures, change-control protocols, payment workflows, reporting templates and commercial registers. • Review and recommend interim payment applications based on verified progress and contractual entitlement. • Lead the assessment, negotiation and recommendation of variations, claims, provisional sums and commercial settlements. • Prepare and maintain cost reports, commitments, accruals, cash-flow forecasts, anticipated final cost and risk/opportunity allowances. • Provide contractual and commercial advice, including support on notices, delay events, extension-of-time matters and dispute avoidance. • Review contractor quotations, rates, build-ups, quantities and supporting records; challenge unsupported or non-compliant submissions. • Support procurement, tender evaluations, commercial clarifications, negotiations and award recommendations where required. • Manage final measurement, close-out of changes and agreement of final accounts with complete supporting documentation. • Lead and mentor cost managers, allocate workload and ensure consistent, auditable commercial records. • Present concise commercial dashboards and recommendations to senior client stakeholders. Skills, Knowledge And Experience Bachelor’s degree in Quantity Surveying, Commercial Management, Civil Engineering or a related discipline. • Typically 8+ years of relevant cost and commercial management experience, including major projects in KSA or the GCC. • Chartered status with RICS, CIOB or an equivalent recognised professional body is strongly preferred. • Strong knowledge of measurement, valuations, change control, claims, final accounts and procurement. • Working knowledge of FIDIC-based contracts and KSA construction market practices. • Advanced Excel and cost-reporting capability; experience with enterprise cost systems is advantageous. • Excellent written and spoken English, strong reporting and stakeholder communication skills. • Proficiency in Microsoft Office and relevant project systems. • Ability to work in a multidisciplinary, fast-paced consultancy environment in KSA. • High standards of integrity, confidentiality, organisation and attention to detail. Over 42,000 people work for us in more than 700 offices all over the world. This breadth of global coverage, combined with specialist services and market insight, means we'll always have an expert who is local to you.
Requirements
- Bachelor’s degree in Quantity Surveying, Commercial Management, Civil Engineering or a related discipline.
- Typically 8+ years of relevant cost and commercial management experience, including major projects in KSA or the GCC.
- Chartered status with RICS, CIOB or an equivalent recognised professional body is strongly preferred.
- Working knowledge of FIDIC-based contracts and KSA construction market practices.
- Advanced Excel and cost-reporting capability; experience with enterprise cost systems is advantageous.
- Excellent written and spoken English, strong reporting and stakeholder communication skills.
Responsibilities
- Lead project cost control, commercial governance, reporting and coordination with the client, project management and site supervision teams.
- Establish cost management procedures, change-control protocols, payment workflows, reporting templates and commercial registers.
- Review and recommend interim payment applications based on verified progress and contractual entitlement.
- Lead the assessment, negotiation and recommendation of variations, claims, provisional sums and commercial settlements.
- Prepare and maintain cost reports, commitments, accruals, cash-flow forecasts, anticipated final cost and risk/opportunity allowances.
- Provide contractual and commercial advice, including support on notices, delay events, extension-of-time matters and dispute avoidance.
- Review contractor quotations, rates, build-ups, quantities and supporting records; challenge unsupported or non-compliant submissions.
- Support procurement, tender evaluations, commercial clarifications, negotiations and award recommendations where required.
- Manage final measurement, close-out of changes and agreement of final accounts with complete supporting documentation.
- Lead and mentor cost managers, allocate workload and ensure consistent, auditable commercial records.
- Present concise commercial dashboards and recommendations to senior client stakeholders.
Skills
- Quantity Surveying
- Commercial Management
- Cost control
- Change control
- Financial forecasting
- Procurement
- FIDIC contracts
- Excel
- Cost reporting
- Final accounts
- Negotiation
- Stakeholder communication
- Project cost systems
- English proficiency
Not sure you fit this role?
Upload your CV and see how you score against Savills Middle East and every other live job. It's free.
Get my free matchesAED 15k–29k a month· est.
Similar jobs in Saudi Arabia
Cost Manager
Savills Middle EastRiyadh, Saudi Arabia
AED 9k–15k a month· est.
Senior Commercial Manager - Lead
KBRRiyadh, Saudi Arabia
AED 15k–20k a month· est.
Senior Commercial Manager
KBRRiyadh, Saudi Arabia
AED 8k–12k a month· est.
Senior Commercial Manager
KBR, Inc.Riyadh, Saudi Arabia
AED 10k–15k a month· est.
Senior Quantity Surveyor
KBRRiyadh, Saudi Arabia
AED 15k–25k a month· est.
Commercial Manager
PMK International Consult LLCRiyadh, Saudi Arabia
AED 14k–18k a month· est.