Cost Manager
Savills Middle East
Date: 8 hours ago
City: Riyadh
Contract type: Full time
The Role
Provide day-to-day cost management and commercial support to the project team, ensuring accurate measurement, payment assessment, change control, forecasting and record keeping in accordance with the contract and agreed project procedures.
Key Responsibilities
Provide day-to-day cost management and commercial support to the project team, ensuring accurate measurement, payment assessment, change control, forecasting and record keeping in accordance with the contract and agreed project procedures.
Key Responsibilities
- Review contractor payment applications and verify quantities, progress, supporting records and contractual entitlement.
- Measure completed work and maintain auditable records of valuations, dayworks and instructed changes.
- Prepare and update variation, claim, commitment, procurement and final account registers.
- Assess contractor quotations, rates and build-ups, and prepare clear commercial recommendations.
- Support monthly cost reporting, cash-flow forecasting, anticipated final cost and risk/opportunity analysis.
- Assist with contractual correspondence, notices, claims evaluation and change-control administration.
- Prepare tender and contract documents, bills of quantities, estimates and commercial comparisons where required.
- Coordinate with the site, planning, design and document control teams to validate commercial information.
- Maintain complete records for payments, variations, claims, negotiations and final account settlement.
- Support value management, procurement reviews and commercial meetings with the client and contractors
- Bachelor’s degree in Quantity Surveying, Commercial Management, Civil Engineering or a related discipline.
- Minimum 5 to 8 years of relevant quantity surveying or cost management experience, preferably on major KSA/GCC projects.
- Practical knowledge of measurement, interim valuations, variations, claims, cost reporting and final accounts.
- Understanding of FIDIC-based contracts and common construction procurement routes.
- RICS chartership or active progression towards MRICS is advantageous.
- Strong Excel capability and familiarity with cost management and document management systems.
- Excellent written and spoken English, strong reporting and stakeholder communication skills.
- Proficiency in Microsoft Office and relevant project systems.
- Ability to work in a multidisciplinary, fast-paced consultancy environment in KSA.
- High standards of integrity, confidentiality, organisation and attention to detail.
How to apply
To apply for this job you need to authorize on our website. If you don't have an account yet, please register.
Post a resumeSimilar jobs
Valuations & Modeling Manager (Power & Utilities Sector) - Riyadh/MENA
EY,
Riyadh
1 day ago
At EY, we’re all in to shape your future with confidence.We’ll help you succeed in a globally connected powerhouse of diverse teams and take your career wherever you want it to go.Join EY and help to build a better working world.The opportunityEY is looking for a Manager to join our leading Valuation and Modelling and Economics practice.Your Key ResponsibilitiesAs a...
System Engineer
PrimeGate for Communications and IT,
Riyadh
1 week ago
Job SummaryResponsible for administering, maintaining, and supporting the organization's IT infrastructure, including Microsoft Exchange, Active Directory, Windows Servers, backup solutions, and VMware virtualization environment. The role ensures high system availability, security, and performance while providing technical support and resolving infrastructure-related issues.Job DescriptionAdminister and maintain Microsoft Exchange environment.Manage Active Directory, including user accounts, groups, and Group Policies (GPO).Manage and monitor Windows...
HR Business Partner Specialist | alfanar Electric
alfanar,
Riyadh
2 weeks ago
Job description:Job Purpose To support employee career development, performance, mobility, and lifecycle processes while ensuring accurate HR records and compliance with organizational policies and legal requirements.Key Accountability Areas Career Planning and Development:Develop and administer career self-assessment tools and analyze results to identify employee development needs and career interests.Support the definition, documentation, and communication of career paths aligned with roles, competencies,...
