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Cost Manager

Job in Riyadh, Riyadh Region, Saudi Arabia
Listing for: JASARA Program Management Company
Full Time position
Listed on 2026-08-22
Job specializations:
  • Construction
    Quantity Surveyor, Procurement / Purchasing, Estimator
  • Engineering
    Quantity Surveyor, Procurement / Purchasing, Estimator
Salary/Wage Range or Industry Benchmark: 240000 - 360000 SAR Yearly SAR 240000.00 360000.00 YEAR
Job Description & How to Apply Below

The Cost Manager will be responsible for providing comprehensive cost management and commercial oversight throughout the project lifecycle from pre-contract planning and estimating through procurement, construction and final account. The role will support the successful delivery of major building and mixed-use developments, ensuring effective cost control, accurate forecasting and commercial performance.

Key Responsibilities
  • Lead and manage cost management activities across the full project lifecycle from concept and design through construction and close-out.
  • Develop and maintain project budgets cost plans estimates and cash flow forecasts.
  • Review design development and assess the cost implications of design changes value engineering and project requirements.
  • Prepare and review detailed cost estimates quantity take-offs Bills of Quantities BoQs and tender documentation.
  • Monitor project expenditure commitments variations and forecast final costs against approved budgets.
  • Provide regular cost reports financial analysis and commercial advice to the Project Director and senior management.
  • Manage the evaluation and reporting of change orders variations claims and potential commercial risks.
  • Support procurement and tendering activities including tender analysis bid evaluation and commercial recommendations.
  • Review contractor and consultant payment applications and ensure valuations are properly assessed and supported.
  • Identify cost risks and opportunities and develop appropriate mitigation strategies.
  • Lead value engineering exercises to optimize project costs while maintaining quality functionality and design objectives.
  • Coordinate closely with Project Controls Planning Commercial Design Procurement and Construction teams.
  • Ensure compliance with project procedures contractual requirements and established cost management standards.
  • Support final account settlement and project close-out.
  • Mentor and provide technical guidance to Quantity Surveyors and junior cost management professionals.
Qualifications
  • Bachelor's degree in Quantity Surveying, Civil Engineering, Construction Management, or a related discipline .8 10 years of relevant cost management/quantity surveying experience .
  • Previous experience working for a PMC, consultancy, or cost management organization is strongly preferred.
  • Proven experience on mega projects , particularly large-scale buildings, mixed-use developments, commercial, hospitality, residential, or master-planned developments .
  • Strong knowledge of pre-contract and post-contract cost management.
  • Experience in cost planning, estimating, budgeting, procurement, tender evaluation, cost reporting, change management, and final accounts.
  • Strong understanding of construction contracts, commercial management, and claims/variations.
  • Proficiency in cost management and quantity surveying software, as well as Microsoft Office.
  • Excellent analytical, communication, reporting, and stakeholder management skills.
  • Ability to work effectively in a fast-paced, multidisciplinary project environment.
Preferred Candidate Profile
  • Saudi Nationals are strongly preferred.
  • Candidates with experience working on Saudi giga projects or other major developments in the Kingdom will be highly regarded.
  • Professional certification or membership such as RICS, AIQS, CIOB, or equivalent is advantageous.
  • Strong PMC/client-side experience with exposure to complex, high-value building and mixed-use projects is preferred.
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