Job PurposeThe Cost Manager will be responsible for providing comprehensive cost management and commercial oversight throughout the project lifecycle, from pre-contract planning and estimating through procurement, construction, and final account. The role will support the successful delivery of major building and mixed-use developments, ensuring effective cost control, accurate forecasting, and commercial performance.Key ResponsibilitiesLead and manage cost management activities across the full project lifecycle, from concept and design through construction and close-out.Develop and maintain project budgets, cost plans, estimates, and cash flow forecasts.Review design development and assess the cost implications of design changes, value engineering, and project requirements.Prepare and review detailed cost estimates, quantity take-offs, Bills of Quantities (BoQs), and tender documentation.Monitor project expenditure, commitments, variations, and forecast final costs against approved budgets.Provide regular cost reports, financial analysis, and commercial advice to the Project Director and senior management.Manage the evaluation and reporting of change orders, variations, claims, and potential commercial risks.Support procurement and tendering activities, including tender analysis, bid evaluation, and commercial recommendations.Review contractor and consultant payment applications and ensure valuations are properly assessed and supported.Identify cost risks and opportunities and develop appropriate mitigation strategies.Lead value engineering exercises to optimize project costs while maintaining quality, functionality, and design objectives.Coordinate closely with Project Controls, Planning, Commercial, Design, Procurement, and Construction teams.Ensure compliance with project procedures, contractual requirements, and established cost management standards.Support final account settlement and project close-out.Mentor and provide technical guidance to Quantity Surveyors and junior cost management professionals.RequirementsBachelor's degree in Quantity Surveying, Civil Engineering, Construction Management, or a related discipline.8–10 years of relevant cost management/quantity surveying experience.Previous experience working for a PMC, consultancy, or cost management organization is strongly preferred.Proven experience on mega projects, particularly large-scale buildings, mixed-use developments, commercial, hospitality, residential, or master-planned developments.Strong knowledge of pre-contract and post-contract cost management.Experience in cost planning, estimating, budgeting, procurement, tender evaluation, cost reporting, change management, and final accounts.Strong understanding of construction contracts, commercial management, and claims/variations.Proficiency in cost management and quantity surveying software, as well as Microsoft Office.Excellent analytical, communication, reporting, and stakeholder management skills.Ability to work effectively in a fast-paced, multidisciplinary project environment.Preferred Candidate ProfileSaudi Nationals are strongly preferred.Candidates with experience working on Saudi giga projects or other major developments in the Kingdom will be highly regarded.Professional certification or membership such as RICS, AIQS, CIOB, or equivalent is advantageous.Strong PMC/client-side experience with exposure to complex, high-value building and mixed-use projects is preferred.
Job Purpose
The Cost Manager will be responsible for providing comprehensive cost management and commercial oversight throughout the project lifecycle, from pre-contract planning and estimating through procurement, construction, and final account. The role will support the successful delivery of major building and mixed-use developments, ensuring effective cost control, accurate forecasting, and commercial performance.
Key Responsibilities
- Lead and manage cost management activities across the full project lifecycle, from concept and design through construction and close-out.
- Develop and maintain project budgets, cost plans, estimates, and cash flow forecasts.
- Review design development and assess the cost implications of design changes, value engineering, and project requirements.
- Prepare and review detailed cost estimates, quantity take-offs, Bills of Quantities (BoQs), and tender documentation.
- Monitor project expenditure, commitments, variations, and forecast final costs against approved budgets.
- Provide regular cost reports, financial analysis, and commercial advice to the Project Director and senior management.
- Manage the evaluation and reporting of change orders, variations, claims, and potential commercial risks.
- Support procurement and tendering activities, including tender analysis, bid evaluation, and commercial recommendations.
- Review contractor and consultant payment applications and ensure valuations are properly assessed and supported.
- Identify cost risks and opportunities and develop appropriate mitigation strategies.
- Lead value engineering exercises to optimize project costs while maintaining quality, functionality, and design objectives.
- Coordinate closely with Project Controls, Planning, Commercial, Design, Procurement, and Construction teams.
- Ensure compliance with project procedures, contractual requirements, and established cost management standards.
- Support final account settlement and project close-out.
- Mentor and provide technical guidance to Quantity Surveyors and junior cost management professionals.
Requirements
- Bachelor's degree in Quantity Surveying, Civil Engineering, Construction Management, or a related discipline.
- 8–10 years of relevant cost management/quantity surveying experience.
- Previous experience working for a PMC, consultancy, or cost management organization is strongly preferred.
- Proven experience on mega projects, particularly large-scale buildings, mixed-use developments, commercial, hospitality, residential, or master-planned developments.
- Strong knowledge of pre-contract and post-contract cost management.
- Experience in cost planning, estimating, budgeting, procurement, tender evaluation, cost reporting, change management, and final accounts.
- Strong understanding of construction contracts, commercial management, and claims/variations.
- Proficiency in cost management and quantity surveying software, as well as Microsoft Office.
- Excellent analytical, communication, reporting, and stakeholder management skills.
- Ability to work effectively in a fast-paced, multidisciplinary project environment.
Preferred Candidate Profile
- Saudi Nationals are strongly preferred.
- Candidates with experience working on Saudi giga projects or other major developments in the Kingdom will be highly regarded.
- Professional certification or membership such as RICS, AIQS, CIOB, or equivalent is advantageous.
- Strong PMC/client-side experience with exposure to complex, high-value building and mixed-use projects is preferred.
Jasara was established as a joint venture between Aramco, Jacobs, and the Public Investment Fund with an ambition to be the premier Program Management Company in Saudi Arabia and the MENA region. The JV Agreement was signed at the Arab Islamic American Summit in May 2017.Vision To be the premier project management company that drives sustainable development and innovation within the Kingdom of Saudi Arabia.Mission To deliver world-class project management solutions that enhance the quality of life in Saudi Arabia, leveraging the combined expertise of our partners in engineering, technology, and investment. We commit to exceeding Our clients expectations through efficient project delivery, sustainable practices, and a focus on local communities.ValuesGrowthLegacyLocalizationSustainability
Jasara was established as a joint venture between Aramco, Jacobs, and the Public Investment Fund with an ambition to be the premier Program Management Company in Saudi Arabia and the MENA region. The JV Agreement was signed at the Arab Islamic American Summit in May 2017.
Vision
To be the premier project management company that drives sustainable development and innovation within the Kingdom of Saudi Arabia.
Mission
To deliver world-class project management solutions that enhance the quality of life in Saudi Arabia, leveraging the combined expertise of our partners in engineering, technology, and investment. We commit to exceeding Our clients expectations through efficient project delivery, sustainable practices, and a focus on local communities.
Values
- Growth
- Legacy
- Localization
- Sustainability
