Senior Cost Manager - Rail and Metro Projects

Senior Cost Manager
- Rail and Metro Projects Job Snapshot

Role:
Senior Cost Manager
- Rail and Metro Projects

Location:

Riyadh, Saudi Arabia

Industry: Construction

Function:
Cost Estimating

Experience:

Minimum 18 years, including 5 years on rail or metro infrastructure projects

Job Type: Full-time

Position Overview:

Senior Cost Manager
- Rail and Metro Projects in Riyadh, Saudi Arabia is a senior Construction opportunity for an MRICS-qualified professional with extensive cost management, quantity surveying, commercial controls, and transportation infrastructure experience. AECOM is hiring for this on-site role to provide rigorous cost oversight across complex rail and metro programs, applying FIDIC expertise, cost control systems, data analysis, and professional commercial judgment to protect budgets and improve financial predictability.

Job Details

Country:
Saudi Arabia

City:
Riyadh

Industry: Construction

Function:
Cost Estimating

Salary:
Not disclosed

Gender: Any

Candidate Nationality:
Any

Job Type: Full-time

Role Context:
The Senior Cost Manager will provide experienced commercial and cost management oversight for major transportation infrastructure assignments. The position requires a strong professional practice background combined with direct rail or metro experience, enabling the successful candidate to evaluate costs, contractual exposure, forecasts, and project performance within technically complex delivery environments. The role will convert detailed commercial information into reliable cost intelligence that supports management decisions and protects project financial objectives.

• Lead cost management activities across major rail, metro, and transportation infrastructure projects.
• Develop and maintain project cost plans, estimates, budgets, forecasts, and financial control processes.
• Monitor expenditure against approved budgets and identify emerging cost pressures before they affect project objectives.
• Prepare detailed cost reports highlighting commitments, actual expenditure, forecasts, variances, and potential financial exposure.
• Apply professional quantity surveying principles throughout relevant stages of project delivery.
• Review contractor and consultant cost submissions for accuracy, completeness, contractual compliance, and commercial reasonableness.
• Interpret and apply FIDIC contract conditions when evaluating cost and commercial matters.
• Assess variations, change events, claims, and other contractual matters for their potential cost implications.
• Support change control by establishing reliable cost impacts and maintaining appropriate commercial records.
• Produce cost forecasts and estimate anticipated final expenditure based on current project performance and outstanding commitments.
• Use Primavera P6 information to understand schedule-related cost implications and coordinate time and cost analysis.
• Apply Power BI and other analytical tools to improve cost reporting, dashboards, trend analysis, and management visibility.
• Utilize SAP or equivalent cost control platforms to maintain dependable financial and project cost information.
• Analyze complex cost data and identify trends, anomalies, risks, and opportunities requiring management attention.
• Coordinate with project managers, planners, engineers, commercial specialists, contractors, and client representatives on cost-related matters.
• Verify supporting project information and maintain accurate records for cost reporting, commercial assessment, and audit purposes.
• Prepare professional reports and recommendations for senior project and client stakeholders.
• Provide experienced technical guidance on complex quantity surveying and cost management issues.

Candidates must hold a bachelor 's degree in Quantity Surveying, Civil Engineering, or a related discipline and bring at least 18 years of demonstrable cost management experience gained in professional practice. At least 5 years of substantive experience on rail or metro infrastructure projects is required. Candidates should possess comprehensive knowledge of FIDIC contract conditions and understand their practical application to variations, commercial administration, cost exposure, and project delivery.

MRICS membership or an equivalent professional qualification is required. Strong capability with Primavera P6, Power BI, SAP, or equivalent cost control systems is also essential. The position is suited to a commercially astute professional capable of independently analyzing complex project information,…