Cost Manager - Systems & Processes (CDU4) - 20004810

Qiddiya Investment Company; Riyadh; On-site; SAR 150,000 - 200,000; Full time

Job summary

Qiddiya Investment Company seeks a Cost Manager to lead cost management processes and ensure system integration across a major development project. The role requires strong leadership and extensive experience in handling costs for large-scale capital projects. Ideal candidates possess a relevant degree and proven expertise in cost forecasting, variance analysis, and system configuration within project controls.

Qualifications

• 7–10 years of experience in cost management or project controls.
• Strong knowledge of cost forecasting and variance analysis.
• Excellent process optimization and system configuration skills.

Responsibilities

• Oversee the maintenance of cost management processes within Ares PRISM.
• Lead cost forecasting and variance analysis.
• Provide training and support on cost management tools.

Skills

Cost Forecasting

Variance Analysis

Earned Value Management

Process Optimization

Leadership

Stakeholder Engagement

Cross-Functional Coordination

Education

Bachelor’s degree in Engineering, Construction Management, Finance, or related field

Certification (CCP, AACE) preferred

Tools

Ares PRISM

SAP

Primavera P6

Job description

Qiddiya is Saudi Arabia’s future capital of entertainment, sports, and culture — a 360 km² mega-project just outside Riyadh. From F1-grade racetracks and theme parks to stadiums and performance venues, we’re creating a destination like no other. This is more than a project — it’s a national transformation. As construction accelerates, we’re hiring ambitious talent to help shape it. If you’re driven by scale, impact, and the chance to build something iconic from the ground up — Qiddiya is calling

Job Summary:
The Cost Manager leads the design, implementation, and optimization of cost management processes and systems across the program. This role ensures that cost control workflows, data structures, and system integrations (such as Ares PRISM, SAP, and Primavera P6) are consistently applied and aligned with program-wide strategies. The Cost Manager plays a critical role in driving continuous improvement, ensuring data integrity, and supporting the Director in providing cost-related insights for strategic decision-making.

Key Responsibilities:

• Oversee the configuration, maintenance, and continuous improvement of cost management processes within Ares PRISM and integrated systems.
• Collaborate with project controls, finance, and reporting teams to align cost data and ensure seamless integration with scheduling (P6) and financial (SAP) systems.
• Lead cost forecasting, trend analysis, and risk-adjusted reporting processes.
• Provide training, support, and best practice guidance to internal teams on cost management processes and tools.
• Identify system enhancement opportunities and work with IT or external vendors to implement improvements.
• Support the Director in preparing high-level cost reports, performance summaries, and executive dashboards.

Skills & Qualifications:

• Bachelor’s degree in Engineering, Construction Management, Finance, or a related field; certification (CCP, AACE) preferred.
• 7–10 years of experience in cost management or project controls on large-scale capital projects.
• Strong knowledge of cost forecasting, variance analysis, and earned value management.
• Excellent process optimization and system configuration skills.
• Strong leadership, stakeholder engagement, and cross-functional coordination abilities.