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Estimating & Cost Section Manager at HanmiGlobal Saudi

Riyadh, Riyadh Region, Saudi Arabia -

Full Time

Start Date

Immediate

Expiry Date

04 Aug, 26

Salary

0.0

Posted On

06 May, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Cost Estimation, Budgeting, Financial Forecasting, Cost Analysis, Project Management, Leadership, Problem Solving, Analytical Skills, Communication, Interpersonal Skills, Cost Control, Financial Reporting

Industry

Construction

Description

Job purpose The Estimating & Cost Section Manager is responsible for leading and managing the estimating and cost control functions within the organization. This role involves overseeing cost estimation processes, budgeting, financial forecasting, and cost analysis for projects to ensure accuracy, efficiency, and alignment with organizational objectives. Duties and responsibilities Oversee the development of accurate cost estimates for projects, including materials, labor, equipment, and overheads. Review and approve cost estimates and proposals, ensuring they align with project specifications and organizational standards Develop and manage project budgets, including cost planning, allocation, and monitoring. Track budget performance and adjust as necessary to ensure projects are completed within financial constraints. Prepare and update financial forecasts for projects, analyzing potential cost impacts and risks. Provide financial insights and recommendations to support decision-making and project planning. Analyze cost variances, identify cost-saving opportunities, and ensure corrective actions are taken. Maintain comprehensive documentation of cost estimation and control activities. Qualifications, Knowledge & Skills Bachelor’s degree in finance, Accounting, Engineering, Construction Management, or a related field. Advanced degree. Proven experience in a managerial role overseeing cost estimation and control functions. Strong understanding of cost estimation techniques, budgeting, and financial forecasting. Excellent leadership, organizational, and problem-solving skills. Strong analytical skills with the ability to interpret complex financial data and make informed decisions. Effective communication and interpersonal skills, with the ability to work collaboratively with diverse teams and stakeholders.

Responsibilities

The manager leads the estimating and cost control functions, overseeing the development of accurate project cost estimates and budgets. They are responsible for financial forecasting, analyzing cost variances, and ensuring projects align with organizational financial objectives.