Cost Manager

Savills Middle East; Riyadh; On-site; SAR 180,000 - 300,000; Full time

Job summary

Savills Middle East is seeking an experienced Quantity Surveyor to provide day-to-day cost management, commercial support, and accurate forecasting for major projects in Saudi Arabia. You will handle measurements, valuations, change control and final accounts across a multidisciplinary team, ensuring rigorous contract compliance.

Candidates should have 5–8 years of relevant experience on large projects in the KSA/GCC region, with strong Excel skills and familiarity with cost management systems.

Qualifications

• Bachelor degree in QS / Commercial Management / Civil Engineering.
• 5–8 years cost management on major KSA/GCC projects.
• Knowledge of measurement, valuations, variations, claims and cost reporting.
• Familiarity with FIDIC contracts; MRICS advantageous.

Responsibilities

• Review contractor payment applications and verify quantities, progress and entitlement.
• Measure completed work and maintain records of valuations and changes.
• Prepare variation, claim, procurement and final account registers.
• Assess quotations and build-ups; provide commercial recommendations.
• Support cost reporting, cash-flow forecasting, and risk analysis.
• Assist with contractual correspondence, notices and change-control.
• Prepare tender and contract documents, bills of quantities and comparisons.
• Coordinate with site teams to validate commercial information.
• Maintain records for payments, variations, claims and final accounts.

Skills

Excel

Cost management software

Document management systems

English communication

Stakeholder communication

MS Office

Education

Bachelor’s degree in Quantity Surveying / Commercial Management / Civil Engineering

Tools

Excel

Cost management software

Document management systems

Microsoft Office

Job description

The Role

Provide day-to-day cost management and commercial support to the project team, ensuring accurate measurement, payment assessment, change control, forecasting and record keeping in accordance with the contract and agreed project procedures.

The Role

Provide day-to-day cost management and commercial support to the project team, ensuring accurate measurement, payment assessment, change control, forecasting and record keeping in accordance with the contract and agreed project procedures.

Key Responsibilities

• Review contractor payment applications and verify quantities, progress, supporting records and contractual entitlement.
• Measure completed work and maintain auditable records of valuations, dayworks and instructed changes.
• Prepare and update variation, claim, commitment, procurement and final account registers.
• Assess contractor quotations, rates and build-ups, and prepare clear commercial recommendations.
• Support monthly cost reporting, cash-flow forecasting, anticipated final cost and risk/opportunity analysis.
• Assist with contractual correspondence, notices, claims evaluation and change-control administration.
• Prepare tender and contract documents, bills of quantities, estimates and commercial comparisons where required.
• Coordinate with the site, planning, design and document control teams to validate commercial information.
• Maintain complete records for payments, variations, claims, negotiations and final account settlement.
• Support value management, procurement reviews and commercial meetings with the client and contractors

Skills, Knowledge And Experience

• Bachelor’s degree in Quantity Surveying, Commercial Management, Civil Engineering or a related discipline.
• Minimum 5 to 8 years of relevant quantity surveying or cost management experience, preferably on major KSA/GCC projects.
• Practical knowledge of measurement, interim valuations, variations, claims, cost reporting and final accounts.
• Understanding of FIDIC-based contracts and common construction procurement routes.
• RICS chartership or active progression towards MRICS is advantageous.
• Strong Excel capability and familiarity with cost management and document management systems.
• 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.

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