Cost Manager
JASARA PMC · الرياض
Posted Aug 18, 2026Source: indeed
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Job description
**Job Purpose**
The Cost Manager will be responsible for providing comprehensive cost management and commercial oversight throughout the project lifecycle, from pre\-contract planning and estimating through procurement, construction, and final account. The role will support the successful delivery of major building and mixed\-use developments, ensuring effective cost control, accurate forecasting, and commercial performance.
Key Responsibilities* Lead and manage cost management activities across the full project lifecycle, from concept and design through construction and close\-out.
* Develop and maintain project budgets, cost plans, estimates, and cash flow forecasts.
* Review design development and assess the cost implications of design changes, value engineering, and project requirements.
* Prepare and review detailed cost estimates, quantity take\-offs, Bills of Quantities (BoQs), and tender documentation.
* Monitor project expenditure, commitments, variations, and forecast final costs against approved budgets.
* Provide regular cost reports, financial analysis, and commercial advice to the Project Director and senior management.
* Manage the evaluation and reporting of change orders, variations, claims, and potential commercial risks.
* Support procurement and tendering activities, including tender analysis, bid evaluation, and commercial recommendations.
* Review contractor and consultant payment applications and ensure valuations are properly assessed and supported.
* Identify cost risks and opportunities and develop appropriate mitigation strategies.
* Lead value engineering exercises to optimize project costs while maintaining quality, functionality, and design objectives.
* Coordinate closely with Project Controls, Planning, Commercial, Design, Procurement, and Construction teams.
* Ensure compliance with project procedures, contractual requirements, and established cost management standards.
* Support final account settlement and project close\-out.
* Mentor and provide technical guidance to Quantity Surveyors and junior cost management professionals.
**Requirements**
* Bachelor's degree in **Quantity Surveying, Civil Engineering, Construction Management, or a related discipline**.
* **8–10 years of relevant cost management/quantity surveying experience**.
* Previous experience working for a **PMC, consultancy, or cost management organization** is strongly preferred.
* Proven experience on **mega projects**, particularly large\-scale **buildings, mixed\-use developments, commercial, hospitality, residential, or master\-planned developments**.
* Strong knowledge of pre\-contract and post\-contract cost management.
* Experience in cost planning, estimating, budgeting, procurement, tender evaluation, cost reporting, change management, and final accounts.
* Strong understanding of construction contracts, commercial management, and claims/variations.
* Proficiency in cost management and quantity surveying software, as well as Microsoft Office.
* Excellent analytical, communication, reporting, and stakeholder management skills.
* Ability to work effectively in a fast\-paced, multidisciplinary project environment.
Preferred Candidate Profile* **Saudi Nationals are strongly preferred.**
* Candidates with experience working on **Saudi giga projects or other major developments in the Kingdom** will be highly regarded.
* Professional certification or membership such as **RICS, AIQS, CIOB, or equivalent** is advantageous.
* Strong PMC/client\-side experience with exposure to complex, high\-value building and mixed\-use projects is preferred.
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