Senior Cost Manager

About the Role

Savills Middle East is seeking a Senior Cost Manager to join their team in Riyadh, Saudi Arabia. This full-time role involves leading project cost management and commercial workstreams, ensuring the client's financial and contractual position is protected from project mobilization through to final account. The Senior Cost Manager will provide expert advice on payments, change orders, claims, forecasting, procurement, and commercial risk across various work packages.

Key Responsibilities

• Lead project cost control, commercial governance, reporting, and coordination with the client, project management, and site supervision teams.
• Establish cost management procedures, change-control protocols, payment workflows, reporting templates, and commercial registers.
• Review and recommend interim payment applications based on verified progress and contractual entitlement.
• Lead the assessment, negotiation, and recommendation of variations, claims, provisional sums, and commercial settlements.
• Prepare and maintain cost reports, commitments, accruals, cash-flow forecasts, anticipated final cost, and risk/opportunity allowances.
• Provide contractual and commercial advice, including support on notices, delay events, extension-of-time matters, and dispute avoidance.
• Review contractor quotations, rates, build-ups, quantities, and supporting records; challenge unsupported or non-compliant submissions.
• Support procurement, tender evaluations, commercial clarifications, negotiations, and award recommendations where required.
• Manage final measurement, close-out of changes, and agreement of final accounts with complete supporting documentation.
• Lead and mentor cost managers, allocate workload, and ensure consistent, auditable commercial records.
• Present concise commercial dashboards and recommendations to senior client stakeholders.

Qualifications and Experience

Candidates for this position should possess 5-10 years of relevant experience in cost management and commercial workstreams within the construction or real estate industry.

Work Environment

This is a full-time position based in Riyadh, Saudi Arabia, offering an opportunity to work with Savills Middle East, a prominent name in the industry.