Senior Manager - Cost Planning & Control
Role Overview
Leads and governs cost planning, cost management, and cost control across the real estate development portfolio.
Provides cost certainty, value optimization, financial discipline, and commercial governance from feasibility through final account close-out.
Scope includes residential, commercial, retail, hospitality, and mixed-use projects.
Key Skills for This Role
Full Job Posting
Role purpose
Leads and governs cost planning, cost management, and cost control across the real estate development portfolio.
Provides cost certainty, value optimization, financial discipline, and commercial governance from feasibility through final account close-out.
Scope includes residential, commercial, retail, hospitality, and mixed-use projects.
Cost planning, budgets, and control
- Lead feasibility-stage cost planning and develop estimates, concept budgets, and benchmark-based cost models.
- Validate project viability and advise senior management on cost impacts of design, density, and product positioning.
- Prepare and approve master development budgets, including construction, infrastructure, fees, applicable FF&E, contingencies, and escalation.
- Set budget approval authorities and change-control procedures; align cost plans with approved business plans and funding assumptions.
- Oversee live-project cost reporting, forecasting, cash flows, variance analysis, cost risks, variations, and final accounts.
Commercial strategy and leadership
- Partner with Procurement on contracting strategies, tender reviews, contract awards, negotiations, and value engineering.
- Lead external cost consultants and commercial advisors, define deliverables and KPIs, and review their work.
- Drive lifecycle-conscious cost optimization and manage cost-related project risks.
- Build and lead the cost function, mentor cost and commercial professionals, and establish policies, procedures, templates, and reporting structures.
Education and experience
- Bachelor’s degree in Quantity Surveying, Construction Management, Engineering, or a related field is required.
- At least 15 years of cost management experience in real estate development or major consultancy environments is required.
- Experience working for or with developers in the UAE or GCC is required.
- Strong background across residential, mixed-use, retail, hospitality, and large master-planned developments is required.
- Senior-level leadership experience is required.
- MRICS or equivalent professional membership is preferred.
Competencies
- Advanced cost planning and feasibility modelling; knowledge of UAE construction market dynamics.
- Commercial and contractual acumen, procurement strategy and contract-form knowledge, and financial controls.
- Strategic commercial judgment, decision-making, attention to detail, senior-stakeholder communication, and collaborative leadership.
Language and joining
The role introduction specifies a bilingual/native English speaker but does not identify the second language.
Immediate joining is preferred.
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