Cost Manager

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.