Senior Cost Manager📣 Job Ad

About the Senior Cost Manager Role

Hill International, Inc. is seeking a Senior Cost Manager to join our team in Dammam, Eastern region. This full-time position involves comprehensive oversight and management of all cost-related aspects for client projects, ensuring financial control and strategic cost mitigation.

Role Overview and Objectives

The Senior Cost Manager serves as the primary point of contact for all cost matters on behalf of the client or client representative. This role is critical in monitoring cost control services, identifying potential financial impacts, and ensuring the accuracy of all cost-related documentation and reports throughout the project lifecycle.

Key Responsibilities

• Act as the main point of contact for all cost-related matters on behalf of the Client / Client Representative.
• Monitor and oversee cost control services provided by other Consultants, ensuring compliance with agreed budgets and procedures.
• Identify and report any cost-related concerns or potential impacts not accounted for in estimates or reports.
• Ensure preparation of accurate budgets, cost plans, estimates, comparisons, forecasts, and reports by the Consultant(s).
• Advise the Client on the implications of scope changes on program and cost, based on Consultant input.
• Develop a cost strategy to mitigate risk and minimize financial exposure throughout the project.
• Coordinate and chair regular cost meetings, issuing clear minutes and follow-up actions.
• Manage and coordinate responses to cost-related queries during the tendering process and assist in preparing tender addenda.
• Support the Client in evaluating tenders commercially and technically; prepare financial evaluation reports and participate in clarification meetings.
• Oversee contract administration, including payment certification, variation review, and final account agreements.
• Assist in the amicable resolution of disputes involving the Client, Contractors, and Consultants to avoid litigation or arbitration.
• Track expenditures, update budgets to reflect changes, and prepare regular cost reports, including cash flow forecasts and cost-to-complete projections.
• Negotiate final accounts and ensure financial close-out in line with contract terms.
• Advise on cost risk and budget performance, issuing early warnings as necessary.

Required Experience

Candidates for this position should possess 5 to 10 years of relevant experience in cost management, project controls, or a similar financial oversight role within the construction or engineering industry.

Employment Details

This is a full-time position based in Dammam, Eastern region. The salary for this role will be discussed during the interview process.

Application Information

We invite qualified candidates to apply for this opportunity to contribute to significant projects with Hill International, Inc.