Senior Manager - Cost Planning - City Assets SPA 251

Qiddiya Investment Company; Riyadh; On-site; SAR 200,000 - 300,000; Full time

Job summary

A leading investment firm in Riyadh is seeking a highly skilled Senior Manager - Cost Planning to join their City Assets team. This role is vital for ensuring strategic cost planning aligned with the vision for transforming the entertainment landscape in Saudi Arabia. The ideal candidate should have over 7 years of relevant experience in cost management and a proven track record in leading cost planning initiatives. Offering a comprehensive compensation and benefits package.

Benefits

Comprehensive compensation and benefits package

Qualifications

• Minimum of 7+ years of relevant experience in cost planning, specifically in large-scale infrastructure projects.
• Strong background in client-side project management or quantity surveying is preferred.
• Proven track record of leading cost planning efforts with results in financial efficiency.

Responsibilities

• Lead and overview the cost planning processes for city assets.
• Implement advanced cost planning methodologies to optimize resource allocation.
• Collaborate with project managers to create comprehensive cost plans.
• Manage relationships with external cost consultants.
• Utilize analytical tools to monitor project costs.
• Provide guidance on cost risks throughout the project lifecycle.
• Mentor junior staff in cost planning methodologies.
• Participate in stakeholder meetings to present cost reports.

Skills

Cost management

Analytical skills

Communication skills

Interpersonal skills

Education

Professional qualifications such as RICS, AIQS

Tools

Cost estimation software

Job description

We are looking for a highly skilled Senior Manager - Cost Planning to join our City Assets team at Qiddiya Investment Company. This role is pivotal in ensuring accurate and strategic cost planning for the development of city assets that align with our vision of transforming Saudi Arabia's entertainment landscape. The ideal candidate will possess extensive experience in cost management and demonstrate a strong ability to lead cost planning initiatives. This position offers the opportunity to be a key player in one of the world's most innovative projects.

Key Responsibilities

• Lead and overview the cost planning processes for city assets, ensuring that they are aligned with project goals and timelines.
• Implement advanced cost planning methodologies to optimize resource allocation and budgeting.
• Collaborate closely with project managers, architects, and engineers to create comprehensive cost plans that support design objectives.
• Manage relationships with external cost consultants, ensuring high-quality outputs and adherence to project specifications.
• Utilize analytical tools and techniques to monitor project costs and identify deviation from budgets.
• Provide expert guidance on cost risks and opportunities throughout the project lifecycle.
• Mentor and develop junior staff in cost planning methodologies and practices.
• Participate in stakeholder meetings to present cost reports and updates, fostering transparency and informed decision-making.

Qualifications

• Minimum of 7+ years of relevant experience in cost planning, specifically focusing on large-scale infrastructure or city development projects.
• Strong background in client-side project management or quantity surveying is preferred.
• Professional qualifications such as RICS, AIQS, or similar are highly desirable.
• A proven track record of leading cost planning efforts with demonstrated results in financial efficiency.
• Excellent analytical skills and proficiency in cost estimation software and tools.
• Strong communication and interpersonal skills to liaise effectively with diverse project teams and stakeholders.

Offering a comprehensive compensation and benefits package.