Associate Director - Cost Planning (CDU708)

Qiddiya Investment Company is seeking a highly skilled and strategic Associate Director of Cost Planning (CDU708) to join our dynamic team. In this role, you will play a crucial part in the development and oversight of cost planning processes for our ambitious projects, ensuring financial accuracy and resource efficiency in alignment with our organizational goals.

Responsibilities

• Lead the cost planning efforts for large-scale projects, driving financial strategies that support project objectives
• Develop detailed cost estimates, budgets, and forecasting models in collaboration with project teams and stakeholders
• Review and assess project proposals to provide insights on financial feasibility and risk management
• Monitor and report on project costs, identifying variances and suggesting corrective measures
• Collaborate with procurement, engineering, and construction teams to optimize cost efficiencies
• Provide mentorship and guidance to junior staff in cost planning and analysis
• Implement best practices in cost planning and continuously improve processes for enhanced accuracy and efficiency
• Ensure adherence to company policies and industry standards in all cost planning activities
• Participate in stakeholder meetings, presenting cost planning insights and strategies effectively
  
  
  

Requirements

• Bachelor's degree in Finance, Engineering, Quantity Surveying, or a related field (Master's degree preferred)
• Minimum 12 - 15 years of relative professional experience in cost planning or related disciplines, with a focus on construction or large-scale project environments
• Extensive experience in developing and managing complex cost models and budgets
• Professional certifications (e.g., Certified Cost Professional (CCP), RICS) are highly desirable
• Strong analytical skills, with a keen ability to interpret financial data and make strategic recommendations
• Proficient in cost planning software and tools, such as Primavera, SAP, or similar applications
• Excellent communication and interpersonal skills for effective collaboration with stakeholders
• Ability to work in a fast-paced environment and manage multiple projects simultaneously
• Demonstrated leadership skills with experience in mentoring and developing team members
• Knowledge of local regulations and standards related to cost planning and construction in Saudi Arabia is a plus
  
  
  

Benefits

Offering a comprehensive compensation and benefits package.