Cost Manager
Savills Middle East · Riyadh, Saudi Arabia
The Role
Provide day-to-day cost management and commercial support to the project team, ensuring accurate measurement, payment assessment, change control, forecasting and record keeping in accordance with the contract and agreed project procedures.
Key Responsibilities
• Review contractor payment applications and verify quantities, progress, supporting records and contractual entitlement.
• Measure completed work and maintain auditable records of valuations, dayworks and instructed changes.
• Prepare and update variation, claim, commitment, procurement and final account registers.
• 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 where required.
• Coordinate with the 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 the client and contractors
Skills, Knowledge and Experience
• Bachelor’s degree in Quantity Surveying, Commercial Management, Civil Engineering or a related discipline.
• Minimum 5 to 8 years of relevant quantity surveying or cost management experience, preferably on major KSA/GCC projects.
• Practical knowledge of measurement, interim valuations, variations, claims, cost reporting and final accounts.
• Understanding of FIDIC-based contracts and common construction procurement routes.
• RICS chartership or active progression towards MRICS is advantageous.
• Strong Excel capability and familiarity with cost management and document management systems.
• Excellent written and spoken English, strong reporting and stakeholder communication skills.
• Proficiency in Microsoft Office and relevant project systems.
• Ability to work in a multidisciplinary, fast-paced consultancy environment in KSA.
• High standards of integrity, confidentiality, organisation and attention to detail.