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Senior Manager - Commercial - CDUP CDU

Job in Riyadh, Riyadh Region, Saudi Arabia
Listing for: Qiddiya Investment Company
Full Time position
Listed on 2025-12-19
Job specializations:
  • Management
    Financial Manager, Contracts Manager
Salary/Wage Range or Industry Benchmark: 150000 - 200000 SAR Yearly SAR 150000.00 200000.00 YEAR
Job Description & How to Apply Below
Position: Senior Manager - Commercial - CDUP 2043 CDU

Qiddiya Investment Company is seeking an experienced Senior Manager - Commercial - Cost specialist who will play a vital role in managing and optimizing the cost functions across our diverse residential, commercial, and infrastructure projects. This position demands a strategic leader who can provide insights and strategies to ensure effective financial management while driving project success.

Responsibilities
  • Lead the development and execution of cost management strategies across residential, commercial, and infrastructure projects.
  • Oversee the preparation and evaluation of cost estimates, budgets, and forecasts to facilitate informed decision-making.
  • Conduct detailed analysis of project costs, identifying trends and areas for improvement, and implementing necessary actions.
  • Collaborate closely with project managers and other stakeholders to integrate cost management processes within project life cycles.
  • Manage and mentor a dedicated team of cost professionals to promote best practices in cost management.
  • Review tenders, contracts, and claims, ensuring the alignment of cost implications with the contractual obligations.
  • Provide regular reports and presentations to senior management on cost performance, highlighting any concerns or opportunities.
  • Stay updated on industry standards, trends, and technological advancements to enhance cost management practices.
  • Bachelor's degree in Quantity Surveying, Construction Management, Engineering, or a related field; a Master's degree or professional certification is preferred.
  • 7+ years of experience in cost management within large-scale residential, commercial, and infrastructure projects.
  • Proven expertise in cost estimation, budgeting, and financial analysis within the construction industry.
  • Strong analytical skills with a proactive approach to problem-solving and decision-making.
  • Excellent communication and interpersonal skills, with the ability to collaborate effectively with diverse teams.
  • Demonstrated leadership skills and experience in managing and developing high-performing teams.
  • Proficient in cost management software and tools.
  • Ability to work effectively in a dynamic and fast-paced environment.

Offering a comprehensive compensation and benefits package.

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Position Requirements
10+ Years work experience
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