Senior Cost Manager - Infrastructure

Senior Cost Manager – Infrastructure

Tabuk, Saudi Arabia

Construction | Budgeting/Cost Control | Full‑time

• Experience
  :
  Minimum 15 years in cost management and project controls
• Functions
  :
  Budgeting / Cost Control
• Industry
  :
  Construction
• Location
  :
  Tabuk, Saudi Arabia
• Salary
  : 35 000–52 000 SAR (estimated)
• Gender
  :
  Any
• Nationality
  :
  Any

• Lead the development of feasibility budgets, concept estimates, baseline cost plans, and approved project budgets.
• Prepare detailed estimates for major civil works, utilities, structures, roads, earthworks, and infrastructure systems.
• Conduct life‑cycle costing to evaluate capital, operating, maintenance, and replacement costs.
• Establish cost breakdown structures aligned with the project Work Breakdown Structure.
• Implement cost control procedures for commitments, actual expenditure, accruals, forecasts, and approved changes.
• Monitor project financial performance against the approved baseline.
• Identify cost variances, emerging trends, and potential budget overruns.
• Issue early warnings and recommend corrective commercial actions.
• Prepare estimate‑at‑completion and forecast‑to‑complete calculations.
• Review contractor quotations, rate build‑ups, commercial submissions, and cost substantiation.
• Evaluate the financial impact of design revisions, site instructions, scope changes, and variation orders.
• Negotiate variations and commercial adjustments with contractors and project stakeholders.
• Maintain accurate change registers and ensure approved changes are reflected in forecasts.
• Lead value‑engineering workshops with design, construction, operations, and project management teams.
• Assess alternative materials, systems, construction methods, and delivery strategies.
• Quantify potential savings and verify that value‑engineering proposals maintain technical performance.
• Integrate project cost information with approved schedules and progress data.
• Perform Earned Value Management analysis using planned value, earned value, and actual cost.
• Report Cost Performance Index and Schedule Performance Index results.
• Analyze productivity, expenditure trends, and forecast completion costs.
• Prepare monthly commercial reports for senior management and the client.
• Develop cash‑flow forecasts, cost dashboards, variance summaries, and executive presentations.
• Communicate complex financial information clearly to technical and non‑technical stakeholders.
• Administer commercial requirements under FIDIC, NEC, and other applicable contract forms.
• Review progress payment applications and verify completed work.
• Assess claims, provisional sums, prime‑cost sums, and contractual adjustments.
• Support interim payment certification and final payment evaluation.
• Oversee final account preparation, negotiation, agreement, and settlement.
• Coordinate with procurement teams on contracting strategies, packaging, and commercial risk allocation.
• Support tender evaluations and comparative cost assessments when required.
• Maintain current cost risk and opportunity registers.
• Quantify financial exposure and support commercial risk mitigation planning.
• Manage cost specialists, Quantity Surveyors, estimators, and other commercial employees.
• Review team deliverables for accuracy, consistency, and compliance with project procedures.
• Provide coaching and technical guidance to junior commercial professionals.
• Use Prism, Eco Sys, SAP, or comparable cost management platforms.
• Apply advanced Microsoft Excel tools for financial modelling, forecasting, and data analysis.
• Maintain complete and auditable cost records throughout the project lifecycle.
• Promote ethical commercial practices, financial integrity, and accurate reporting.
• Complete additional cost‑management responsibilities assigned by project leadership.

• Bachelor’s degree in Civil Engineering, Mechanical Engineering, or a related technical discipline.
• Minimum 15 years of experience in cost management and project controls.
• Extensive Quantity Surveying experience on major construction, engineering, or infrastructure projects.
• Strong understanding of heavy civil construction methods, materials, technical specifications, and sequencing.
• Proven experience preparing…