Cost Manager

JASARA Program Management Company; Riyadh; On-site; SAR 240,000 - 360,000; Full time

Job summary

JASARA Program Management Company is seeking a Cost Manager to oversee cost control and commercial performance across major building and mixed-use developments in Saudi Arabia. You will lead cost management activities from concept through close-out, develop budgets, estimates, cash flows, and provide regular financial insight to executives.

The role requires strong experience in mega projects, pre/post-contract cost management, and proficiency with BoQ/tender documentation, with a focus on value

Qualifications

• Bachelor's degree in Quantity Surveying or related discipline.
• 8–10 years of cost management/quantity surveying experience.
• Experience with mega projects including large-scale buildings and mixed-use developments.
• Strong knowledge of pre-contract and post-contract cost management and variations.

Responsibilities

• Lead cost management activities across the full project lifecycle from concept to close-out.
• Develop and maintain project budgets, cost plans, estimates and cash flow forecasts.
• Review design development and assess cost implications of design changes and value engineering.
• Prepare and review detailed cost estimates, BoQs and tender documentation.
• Monitor project expenditure, variations and forecast final costs against budgets.
• Provide regular cost reports, financial analysis and commercial advice to senior management.
• Manage evaluation of change orders, variations, claims and risks.
• Support procurement and tendering activities including tender analysis and recommendations.
• Review contractor and consultant payment applications and ensure valuations are supported.
• Identify cost risks and opportunities and develop mitigation strategies.
• Lead value engineering to optimize costs while maintaining quality.
• Coordinate with Project Controls, Planning, Commercial, Design, Procurement and Construction teams.
• Ensure compliance with cost management standards.
• Support final account settlement and project close-out.
• Mentor and guide Quantity Surveyors and junior staff.

Skills

Cost management

Quantity surveying

Budgeting

Forecasting

Contract knowledge

Stakeholder management

MS Office

Cost software

Education

Bachelor's degree in Quantity Surveying or related

Tools

BoQ software

Microsoft Excel

ERP systems

Job description

The Cost Manager will be responsible for providing comprehensive cost management and commercial oversight throughout the project lifecycle from pre-contract planning and estimating through procurement, construction and final account. The role will support the successful delivery of major building and mixed-use developments, ensuring effective cost control, accurate forecasting and commercial performance.

Key Responsibilities

• Lead and manage cost management activities across the full project lifecycle from concept and design through construction and close-out.
• Develop and maintain project budgets cost plans estimates and cash flow forecasts.
• Review design development and assess the cost implications of design changes value engineering and project requirements.
• Prepare and review detailed cost estimates quantity take-offs Bills of Quantities BoQs and tender documentation.
• Monitor project expenditure commitments variations and forecast final costs against approved budgets.
• Provide regular cost reports financial analysis and commercial advice to the Project Director and senior management.
• Manage the evaluation and reporting of change orders variations claims and potential commercial risks.
• Support procurement and tendering activities including tender analysis bid evaluation and commercial recommendations.
• Review contractor and consultant payment applications and ensure valuations are properly assessed and supported.
• Identify cost risks and opportunities and develop appropriate mitigation strategies.
• Lead value engineering exercises to optimize project costs while maintaining quality functionality and design objectives.
• Coordinate closely with Project Controls Planning Commercial Design Procurement and Construction teams.
• Ensure compliance with project procedures contractual requirements and established cost management standards.
• Support final account settlement and project close-out.
• Mentor and provide technical guidance to Quantity Surveyors and junior cost management professionals.

Qualifications

• Bachelor's degree in Quantity Surveying, Civil Engineering, Construction Management, or a related discipline .8 10 years of relevant cost management/quantity surveying experience .
• Previous experience working for a PMC, consultancy, or cost management organization is strongly preferred.
• Proven experience on mega projects , particularly large-scale buildings, mixed-use developments, commercial, hospitality, residential, or master-planned developments .
• Strong knowledge of pre-contract and post-contract cost management.
• Experience in cost planning, estimating, budgeting, procurement, tender evaluation, cost reporting, change management, and final accounts.
• Strong understanding of construction contracts, commercial management, and claims/variations.
• Proficiency in cost management and quantity surveying software, as well as Microsoft Office.
• Excellent analytical, communication, reporting, and stakeholder management skills.
• Ability to work effectively in a fast-paced, multidisciplinary project environment.

Preferred Candidate Profile

• Saudi Nationals are strongly preferred.
• Candidates with experience working on Saudi giga projects or other major developments in the Kingdom will be highly regarded.
• Professional certification or membership such as RICS, AIQS, CIOB, or equivalent is advantageous.
• Strong PMC/client-side experience with exposure to complex, high-value building and mixed-use projects is preferred.