Senior Cost Manager at JASARA PMC

Riyadh, Riyadh Region, Saudi Arabia -

Full Time

Start Date

Immediate

Expiry Date

19 Jan, 26

Salary

0.0

Posted On

21 Oct, 25

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Cost Management, Budget Management, Financial Reporting, Cost Estimation, Financial Performance Monitoring, Data Analysis, Contract Management, Negotiation, Team Leadership, Mentoring, Analytical Skills, Problem-Solving, Communication Skills, Industry Trends, Market Conditions, Cost Control

Industry

Strategic Management Services

Description

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. 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.

Responsibilities

The Senior Cost Manager will lead the development and implementation of cost management strategies across various projects. This role involves preparing cost estimates, monitoring financial performance, and collaborating with project teams to ensure effective cost control.