Cost Manager

Turner & Townsend International Limited; Riyadh; On-site; SAR 150,000 - 200,000; Full time

Job summary

A leading investment firm in the Middle East is seeking a Senior Manager Cost Planning to oversee financial management for luxury projects. This role involves developing cost control systems, conducting financial analysis, and managing procurement strategies. Candidates should have strong budgeting and analytical skills, with experience in financial reporting. The position requires collaboration across teams to enhance decision-making processes. Opportunities for growth and a competitive salary are offered in a dynamic work environment.

Qualifications

• Bachelor’s degree in Finance or related field is preferred.
• Strong accounting knowledge and financial management experience.
• Proven proficiency in developing cost control systems and reporting.

Responsibilities

• Develop and maintain cost control systems and financial reporting.
• Conduct risk assessments and ensure compliance with financial standards.
• Lead estimation processes for MEP projects and relevant cost analysis.
• Collaborate with teams for strategic financial insights and guidance.

Skills

Cost control systems

Financial analysis

Budget management

Power BI or Tableau

Procurement expertise

Education

Bachelor’s degree in Finance or related field

Tools

Power BI

Tableau

Job description

Senior Manager Cost Planning

Qiddiya Investment Company is on the lookout for a Senior Manager Cost Planning to play a pivotal role in our financial management strategy. This key position involves overseein...

Responsibilities

• Develop cost control systems, analyze expenditures, prepare reports, establish budgets, and provide financial training while ensuring compliance and optimizing resources.
• Develop and maintain benchmarking data and dashboards using Power BI or Tableau to support planning and decision‑making in the Residential Business Unit.
• Develop and implement cost control procedures, conduct audits, collaborate on budgets, and analyze data to enhance financial efficiency and accountability.
• Responsible for processing journal entries, managing accounts payable and receivable, financial reporting, and assisting in audits with strong accounting knowledge.
• Oversee financial management and cost control of fitout projects, requiring expertise in budgeting, cost reporting, and financial analysis for luxury projects.
• Develop and implement strategic procurement plans, conduct market research, negotiate contracts, and monitor supplier performance for cost‑effectiveness.
• Lead estimation process for MEP projects, prepare accurate cost estimates, collaborate with stakeholders, and maintain cost data while ensuring compliance with specifications.
• Responsible for budget estimation, tender preparation, cost analysis, and project monitoring in facility management operations and maintenance.
• Lead financial planning and reporting, manage budgets, conduct risk assessments, and ensure compliance while collaborating with teams for strategic insights.
• Lead finance and accounts team, ensuring compliance, financial reporting, and strategic guidance while managing budgeting and cash flow in a trading environment.

Location

• Dammam/Khobar/Eastern Province - Saudi Arabia