Cost Manager

Compass Project Consulting; Al Khobar; On-site; SAR 150,000 - 200,000; Full time

Job summary

A renowned project consultancy is seeking a competent Cost Manager in Al Khobar to support significant real estate development projects. Candidates should possess a Bachelor’s degree in Quantity Surveying, 8-12 years of experience, and strong pre-contract skills. This role involves detailed cost estimation, procurement strategy development, and post-contract support, emphasizing effective project delivery under tight schedules.

Qualifications

• Minimum 8–12 years of experience with strong pre-contract exposure.
• 2–3 years of post-contract exposure (supporting or assisting).
• Experience with consultancy-side roles preferred.

Responsibilities

• Prepare detailed cost estimates at various design stages.
• Develop and manage elemental cost plans and Bill of Quantities (BoQ).
• Support cost reporting and variations during the construction phase.

Skills

Strong knowledge of FIDIC

Excellent knowledge in CostX

Project management under tight deadlines

Education

Bachelor’s degree in Quantity Surveying or Civil Engineering

RICS/MRICS accreditation

Job description

Cost Manager – Al Khobar, KSA

Compass Project Consulting is an award-winning, dynamic, and respected project development consultancy, providing high-quality, value-for-money, and fully tailored services to clients across all sectors. As highly regarded project leaders and effective communicators, our Team at Compass has delivered numerous projects for some of the region’s most ambitious and innovative change-makers. Our diverse and disciplined Team facilitates world-class project development solutions.

Our core values guide our decisions and constitute our culture, empowering us to perform at our highest level on behalf of our clients. Drawing on our extensive delivery experience, industry-wide knowledge, and sophisticated project development tools, we facilitate the most proficient path toward project success, overcoming constraints and obstacles to deliver projects effectively and efficiently.

We lead project success stories. This is a fantastic opportunity to join a renowned organisation known for our high-calibre experience in the region’s built environment.

Role Summary

Compass Project Consulting is seeking a competent and detail-oriented Cost Manager to support a major real estate development program in Al Khobar. You should have a strong background in pre-contract cost planning, estimation, and procurement, along with working knowledge of post-contract cost control and commercial administration. The ideal candidate will support the successful delivery of high-value construction projects across multiple sectors.

Key Responsibilities

Pre-Contract Duties (Primary):

• Prepare detailed cost estimates at various design stages (concept, schematic, detailed).
• Develop and manage elemental cost plans and Bill of Quantities (BoQ).
• Review and provide input on tender documentation, scope of works, and pricing schedules.
• Advise on procurement strategy and participate in the preparation of RFPs and tender evaluations.
• Lead or support value engineering workshops and recommend cost-efficient design options.
• Conduct risk and opportunity analysis during early-stage project planning.
• Coordinate with design consultants and project teams to validate cost accuracy and scope alignment.

Post-Contract Familiarity (Secondary):

• Support cost reporting, variations, and commercial administration during the construction phase.
• Review and validate interim valuations, payment applications, and change orders.
• Assist with project close-out including final account settlement and cost reconciliation.
• Liaise with site QS and contract administration teams as needed to ensure commercial compliance.

Candidate Requirements

• Bachelor’s degree in Quantity Surveying, Civil Engineering, or related field.
• RICS/MRICS accreditation is highly preferred or working toward it.
• Excellent communication and reporting skills in English (verbal and written).
• Minimum 8–12 years of experience, with strong pre-contract exposure.
• At least 2–3 years of post-contract exposure (supporting or assisting).
• Experience with consultancy-side roles is preferred.
• Experience in sectors such as fit-out, hospitality, mixed-use developments, or infrastructure.

Skills:

• Strong knowledge of FIDIC, JCT, or local contract forms.
• Excellent knowledge in CostX
• Ability to manage multiple pre-con projects simultaneously under tight deadlines.

To express your interest, please click apply. Shortlisted candidates will be contacted by a Talent Acquisition representative for further discussion.

Website: https://compass-pc.com/about-compass

Instagram: @compass_pc

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