Cost Manager

About the Role

JLL is seeking a Cost Manager to lead cost management activities for clients and employers. This full-time position is based in Riyadh and covers the entire project lifecycle, from initial feasibility and cost planning through to final account closure. The role requires leveraging digital tools to provide accurate, auditable, and traceable cost advice in alignment with consultant scope, contract terms, and agreements.

Key Responsibilities

• Prepare and maintain feasibility estimates, cost plans, budgets, and cost-to-complete forecasts at each design stage.
• Conduct quantity take-offs and measurements using CostX (2D and model-based), benchmarking against comparable projects.
• Perform cost reconciliations between design stages and produce value engineering, risk, or contingency analyses.
• Prepare or review Bills of Quantities, pricing documents, and tender evaluation inputs in line with procurement strategies.
• Execute commercial tender evaluations, rate analyses, clarification management, and prepare award recommendations.
• Support the assessment of Provisional Sum and Prime Cost items and associated procurement processes.
• Review Contractor payment applications and prepare payment assessment advice for decision-makers, adhering to scope and contract.
• Value and advise on Variations, Dayworks, Provisional Sums, and Prime Cost items using contract rates and fair valuation principles.
• Monitor cost trends, forecast final costs, and report cost variances against budget and approved changes.
• Maintain change and risk registers, and monitor Contingency and Management Reserve movements.
• Assess cost components of Contractor claims, advising on entitlement, quantum, and commercial impact.
• Support Extension of Time and prolongation cost assessments in collaboration with planning and contract administration teams.
• Prepare, agree, and close out final accounts and associated reconciliations.

Digital Delivery and Tools

• Aconex: Manage and monitor cost-related workflows (payment applications, variations, notices, claims, commercial correspondence), ensuring correct document status and transmittal records.
• CostX: Build and maintain measurement dimension groups, drawing and model revision comparisons, and take-off audit trails.
• BIM: Perform model-based quantification from Revit or IFC models, check model quality, element classification, LOD, and LOI against the BIM Execution Plan, and identify gaps affecting cost reliability.

Leadership and Client Interface

• Lead, coach, and review the work of cost managers, quantity surveyors, and graduates.
• Present cost reports and advice to stakeholders from middle management to executive level, tailoring presentations to the audience.
• Ensure compliance with the Consultant’s quality, information classification, and reporting procedures.

Qualifications and Experience

• A minimum of 8 to 10 years of experience in cost management or a related field.
• Proficiency in digital tools such as CostX, Aconex, and BIM models is required.
• Demonstrated ability to provide accurate, auditable, and traceable cost advice.

Work Environment

This is a full-time position based in Riyadh, offering an opportunity to work within a dynamic team at JLL, a leading professional services firm specializing in real estate and investment management.