Cost Manager
Role Overview
About the Role of Cost Manager
Savills is seeking a Cost Manager to join their team in Riyadh. This full-time role involves providing daily cost management and commercial support to project teams, ensuring all financial processes align with contractual agreements and project procedures. The position requires 5-10 years of experience in a relevant field.
Full Job Posting
Job description
About the Role of Cost Manager
Savills is seeking a Cost Manager to join their team in Riyadh. This full-time role involves providing daily cost management and commercial support to project teams, ensuring all financial processes align with contractual agreements and project procedures. The position requires 5-10 years of experience in a relevant field.
Key Responsibilities
- Review contractor payment applications, verifying quantities, progress, supporting records, and contractual entitlement.
- Measure completed work and maintain auditable records for valuations, dayworks, and instructed changes.
- Prepare and update registers for variations, claims, commitments, procurement, and final accounts.
- 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 as required.
- Coordinate with 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 clients and contractors.
- Required Experience and Qualifications
- A minimum of 5 to 10 years of experience in cost management or a related commercial role.
- Demonstrated ability to work effectively in a multidisciplinary, fast-paced consultancy environment within KSA.
- Key Skills and Attributes
- High standards of integrity and confidentiality.
- Strong organizational skills and meticulous attention to detail.
Work Environment
- This role is based in Riyadh and operates within a dynamic consultancy setting, requiring adaptability and collaboration with various project teams.
Application Process
- Further details regarding the salary for this position will be discussed during the interview process.
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