Senior Manager - Cost Planning - Master Development

Qiddiya Investment Company; Riyadh; On-site; SAR 600,000 - 800,000; Full time

Job summary

Qiddiya Investment Company in Saudi Arabia seeks a Senior Manager - Cost Planning to lead the cost management for large-scale entertainment projects. You will build up construction costs, shape pre-contract cost strategies, and ensure alignment with the overall budget and strategic goals.

The role requires 7+ years in cost planning and related fields with GCC experience, familiarity with IPMS, and proficiency in CostX or similar software.

Qualifications

• 7+ years experience in cost planning, quantity surveying and estimating.
• Experience in GCC construction with 2+ years preferred.
• Expertise in industry standards such as NRM, CESMM, RIBA and POMI.
• Experience on large-scale projects with construction value > 200m SAR.
• Familiar with benchmarking costs and design; experience in KSA or the Middle East preferred.
• Ability to convey information clearly; basic experience adapting messages for different audiences.
• Proficient in cost planning software; CostX experience is preferable.

Responsibilities

• Cost Planning: develop and oversee cost plans to align with project budgets.
• Cost Consultant Management: review cost plans and monitor design efficiencies.
• Standards: ensure adherence to IPMS and company templates.
• Business Units: provide updates on costs and design metrics during reviews.
• Benchmarking: integrate design metrics with cost positions across project phases.
• Feasibility: assess cost feasibility throughout project lifecycle.

Skills

Cost planning

Quantity surveying

Estimating

Benchmarking

Design metrics

Cost management software

CostX

Stakeholder communication

Tools

CostX software

Job description

Senior Manager - Cost Planning

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.

Qualifications

• 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.