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Cost Manager

Savills
Riyadh, KSA
Full-time
Manager · 5–10 years experience
Onsite
Discovered 2 weeks ago

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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