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Senior Cost Manager

JASARA PMC

RiyadhOn-site8mo ago
Seniority
Senior

About the role

JASARA PMC is seeking a dynamic and experienced Senior Cost Manager to join our innovative team. This senior-level role provides an exciting opportunity for a professional with a proven track record in project cost management to take the lead on major projects and drive financial success. You will play a key role in overseeing cost estimation processes, budget management, and financial reporting.

Key Responsibilities

  • Lead the development and implementation of cost management strategies across a variety of projects.
  • Prepare comprehensive cost estimates, budgets, and forecasts tailored to each project’s requirements.
  • Monitor project financial performance, identify variances, and recommend corrective actions.
  • Analyze complex cost data and prepare detailed reports for management and stakeholders.
  • Collaborate closely with project managers and engineers to facilitate effective cost control.
  • Oversee the procurement process, including evaluating contracts and negotiating terms and prices with suppliers.
  • Manage and mentor junior cost management staff, providing guidance and support.
  • Stay updated on industry trends, market conditions, and cost estimation methodologies to ensure best practices are followed.

Requirements

  • Bachelor's degree in Civil Engineering, Construction Management, Finance, or a related field.
  • At least 10 years of experience in cost management, with a minimum of 5 years in a senior role within the construction or project management industry.
  • Strong proficiency in project cost control and estimation software.
  • In-depth knowledge of contract management and negotiation.
  • Exceptional analytical and problem-solving skills, with attention to detail.
  • Outstanding communication and leadership abilities, with experience in managing teams.
  • Ability to work effectively in a dynamic, high-paced environment.
  • Familiarity with regional market trends and pricing structures in the Middle East is preferred.

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