Savills Middle East

Senior Cost Manager

Savills Middle East  •  Riyadh, SA (Onsite)  •  1 hour ago
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Job Description

The Role

Lead the project cost management and commercial workstream, protecting the client’s financial and contractual position from mobilisation through final account. The role will provide senior advice on payments, change, claims, forecasting, procurement and commercial risk across multiple 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.

Skills, Knowledge and Experience

Bachelor’s degree in Quantity Surveying, Commercial Management, Civil Engineering or a related discipline.

  • Typically 8+ years of relevant cost and commercial management experience, including major projects in KSA or the GCC.
  • Chartered status with RICS, CIOB or an equivalent recognised professional body is strongly preferred.
  • Strong knowledge of measurement, valuations, change control, claims, final accounts and procurement.
  • Working knowledge of FIDIC-based contracts and KSA construction market practices.
  • Advanced Excel and cost-reporting capability; experience with enterprise cost systems is advantageous.
  • 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.
Savills Middle East

About Savills Middle East

Savills is a global real estate services provider listed on the London Stock Exchange. Savills operates from over 700 owned and associate offices, employing more than 40,000 people in over 70 countries throughout the Americas, the UK, Europe, Asia Pacific, Africa and the Middle East.

We provide real estate solutions for multiple assets including strategic consultancy, market research, property and facilities management, residential and commercial agency, tenant representation, international residential, marketing, capital markets, building and project consultancy.

Formerly known as Cluttons Middle East, we now operate as Savills with our regional offices located in Dubai, Abu Dhabi, Sharjah, Bahrain, Oman, Saudi Arabia and Egypt.

Industry
Real Estate & Property
Company Size
501-1,000 employees
Headquarters
Dubai, AE
Year Founded
1976
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