Senior Cost Manager

WSP; Riyadh; On-site; SAR 337,000 - 450,000; Full time

Job summary

A leading global engineering firm in Riyadh seeks an experienced Senior Cost Manager to oversee project cost management, including budgeting and forecasting. The ideal candidate has over 15 years of experience in large-scale land development or infrastructure projects, particularly in GCC countries. This role requires strong analytical skills and proficiency in cost management tools like Primavera P6 and SAP.

Qualifications

• 15+ years of experience in cost management for large-scale projects.
• Proven experience in GCC countries, preferably Saudi Arabia.
• Strong knowledge of cost management practices and financial reporting.

Responsibilities

• Lead and manage all project cost management activities.
• Review and monitor Program level costs and cash flows.
• Preparation of monthly financial reports and cost estimations.

Skills

Analytical skills

Stakeholder management

Problem-solving

Education

Bachelor’s degree in Civil Engineering, Quantity Surveying, Construction Management, or related field

Master’s degree (preferred)

Tools

Primavera P6

SAP

Excel

Job description

The Senior Cost Manager will lead the cost management function, providing strategic guidance, cost planning, estimation, monitoring, and reporting. The role requires extensive experience in large-scale land development or infrastructure projects, strong analytical skills, and the ability to manage cost-related risks.

The project involves extensive land development, including civil infrastructure, utilities, and urban facilities. The Senior Cost Manager will oversee all cost management activities, ensuring accurate budgeting, cost control, and financial performance of the project.

Qualifications

• Bachelor’s degree in Civil Engineering, Quantity Surveying, Construction Management, or related field; Master’s preferred.
• 15+ years of experience in cost management, estimation, and financial control for large-scale land development or infrastructure projects.
• Proven experience in GCC countries, preferably Saudi Arabia.
• Strong knowledge of cost management practices, construction contracts, and financial reporting.
• Proficiency in cost management software and tools (Primavera P6, SAP, Excel, or equivalent).
• Excellent analytical, problem-solving, and stakeholder management skills.

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Responsibilities

• Lead and manage all project cost management activities, including budgeting, forecasting, and cost control.
• Review and monitor of Program level costs, cash flows, and expenditures
• Program level budgeting, financial forecasting, and financial performance monitoring in line with procurement and packaging strategies to achieve program objectives
• Preparation of monthly Commercial financial reports
• Lead preparation of cost estimations
• Prepare detailed cost estimates, tender evaluations, and value engineering assessments.
• Monitor project expenditure, track deviations, and recommend corrective actions.
• Collaborate with project management, design, procurement, and commercial teams to ensure accurate cost planning and reporting.
• Identify and manage cost-related risks and opportunities throughout the project lifecycle.
• Prepare regular cost reports, dashboards, and executive summaries for senior management and clients.
• Support contract negotiations, claims analysis, and financial assessments.
• Mentor and guide junior cost engineers and team members.