Senior Cost Manager

JASARA PMC; Riyadh; On-site; SAR 250,000 - 300,000; Full time

Job summary

A leading project management consultancy in Riyadh is seeking an experienced Senior Cost Manager to oversee cost management strategies and drive financial success on major projects. The ideal candidate will have at least 10 years of experience in cost management, with strong analytical and leadership skills. This role offers an opportunity to mentor junior staff and collaborate closely with project teams. Familiarity with regional market trends in the Middle East is preferred.

Qualifications

• At least 10 years of experience in cost management.
• Minimum of 5 years in a senior role within construction or project management.
• Familiarity with regional market trends in the Middle East.

Responsibilities

• Lead development and implementation of cost management strategies.
• Prepare comprehensive cost estimates and budgets.
• Monitor project financial performance and recommend corrective actions.
• Oversee procurement processes and negotiate contracts.

Skills

Project cost control

Contract management

Analytical skills

Leadership abilities

Communication skills

Education

Bachelor's degree in Civil Engineering

Tools

Cost estimation software

Job description

JASARA PMC is seeking a dynamic and experienced Senior Cost Manager to join our innovative team. This senior-level role provides an exciting opportunity for a professional with a proven track record in project cost management to take the lead on major projects and drive financial success. You will play a key role in overseeing cost estimation processes, budget management, and financial reporting.

Responsibilities

• Lead the development and implementation of cost management strategies across a variety of projects.
• Prepare comprehensive cost estimates, budgets, and forecasts tailored to each project’s requirements.
• Monitor project financial performance, identify variances, and recommend corrective actions.
• Analyze complex cost data and prepare detailed reports for management and stakeholders.
• Collaborate closely with project managers and engineers to facilitate effective cost control.
• Oversee the procurement process, including evaluating contracts and negotiating terms and prices with suppliers.
• Manage and mentor junior cost management staff, providing guidance and support.
• Stay updated on industry trends, market conditions, and cost estimation methodologies to ensure best practices are followed.

Qualifications

• Bachelor\'s degree in Civil Engineering, Construction Management, Finance, or a related field.
• At least 10 years of experience in cost management, with a minimum of 5 years in a senior role within the construction or project management industry.
• Strong proficiency in project cost control and estimation software.
• In-depth knowledge of contract management and negotiation.
• Exceptional analytical and problem-solving skills, with attention to detail.
• Outstanding communication and leadership abilities, with experience in managing teams.
• Ability to work effectively in a dynamic, high-paced environment.
• Familiarity with regional market trends and pricing structures in the Middle East is preferred.