Manager - Cost Planning (SPA4-50012856)

Qiddiya | القدية; Riyadh; On-site; SAR 350,000 - 650,000; Full time

Job summary

Qiddiya Investment Company is seeking an experienced Senior Manager - Cost Planning to build construction cost budgets, guide pre-contract cost strategies, and align financial aspects with the organization\'s budget and strategic goals. You will oversee cost consultants, monitor design efficiencies, and ensure adherence to IPMS and Qiddiya templates as projects progress.

This role requires GCC experience and a track record on projects valued over 200m SAR, with benchmarking and accurate

Qualifications

• 5-7 years relevant Cost Planning Experience (Cost Planning, Quantity Surveying, Estimating).
• Local GCC Construction experience preferred, 2+ years.
• Expert with industry standards (NRM, CESMM, RIBA, POMI).
• Experience on large-scale projects with construction value > 200m SAR.
• Familiar with benchmarking costs and design in KSA/Middle East; strong communication.

Responsibilities

• Cost Planning: drive proactive cost planning with cost vs. value understanding.
• Cost Consultant Management: review cost plans and ensure design alignment.
• Standards: enforce IPMS guidelines and internal policies/templates.
• Business Units: provide updates on costs and metrics for internal reviews.
• Benchmarking: integrate design metrics with cost positions across phases.

Skills

Cost Planning

Quantity Surveying

Estimating

Benchmarking

CostX

Tools

CostX

Job description

Qiddiya Investment Company is looking for an experienced and analytical individual to join our team as Senior Manager - Cost Planning. This role play an essential part in our mission to establish a world-class entertainment destination in Saudi Arabia. You will be responsible for building up construction costs, devising and overseeing pre contract cost management strategies and ensuring that all financial aspects of our projects are aligned with the overall budget and strategic goals of the organization.

Primary Responsibilities

Cost Planning: Take a proactive approach to cost planning by understanding cost vs. value equation, ensuring optimal financial outcomes without compromising project goals

Cost Consultant Management: Oversee the monthly tracker for scope and cost movements from previous phases and assist in reviewing cost plans submitted by Cost Consultants for accuracy and design alignment. Monitor and analyze design efficiencies as the project progresses, ensuring that the 3rd party Cost Consultant adheres to the defined scope of work, guidelines, and procedures.

Standards: Ensure strict adherence to defined policies and processes, while maintaining a thorough understanding of IPMS measurement guidelines. Demonstrate familiarity with Qiddiya's established policies, processes, and templates.

Business Units: Provide internal updates to your Business Unit on the status of construction costs and design metrics. Ensure representation during internal reviews to facilitate progress and successfully pass through Stage Gates.

Benchmarking: Understanding of benchmarking to effectively integrate design metrics with cost positions, ensuring assurance throughout all phases of the project lifecycle.

Feasibility: Awareness of feasibility requirements with regards to cost planning.

Requirements

• 5-7 years relevant Cost Planning Experience (Cost Planning, Quantity Surveying, Estimating)
• Local GCC Experience Worked in Local (GCC) Construction industry for 2 years or more (preferred)
• Expert with industry standards eg NRM, CESSM, RIBA, POMI, etc.
• Experience in working on large scale projects with Construction Value greater than: 200m SAR
• Familiar with benchmarking cost and design. Experience with costs/benchmarking in KSA or Middle East is preferable
• Basic ability to convey information. Limited experience in adapting messages for different audiences
• Strong Understanding: Proficient in using Cost Planning Software and aware of its application, CostX is preferable.