Senior Cost Manager

JASARA PMC; Saudi Arabia; On-site; SAR 299,000 - 375,000; Full time

Job summary

A leading project management consultant in Saudi Arabia is seeking an experienced Senior Cost Manager to lead cost management strategies and oversee budgeting for major projects. The ideal candidate has a proven track record in project cost management, analytical skills to prepare detailed reports, and experience mentoring junior staff. This role is pivotal in ensuring financial success across various projects.

Qualifications

• Proven track record in project cost management.
• Experience in leading cost management strategies.
• Ability to analyze complex cost data and prepare reports.

Responsibilities

• Lead development and implementation of cost management strategies.
• Prepare comprehensive cost estimates and budgets.
• Monitor project financial performance and recommend corrective actions.
• Collaborate with project managers and engineers for cost control.
• Oversee procurement and negotiate contracts.
• Manage and mentor junior cost management staff.

Job description

Overview

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.