# Senior Manager - Commercial - INV-005 HS8

**Company:** [Qiddiya Investment Company](http://jobs.workable.com/companies/tk4V8ANoyWMw9Js529uotH.md)
**Location:** Riyadh, Saudi Arabia
**Workplace:** on site
**Employment type:** Full-time
**Department:** Investment Management

[Apply for this job](http://jobs.workable.com/view/69d325f4-01b3-436b-b2a9-e854cc5809d8)

## Description

Qiddiya Investment Company is seeking an experienced Senior Manager - Commercial - Cost specialist who will play a vital role in managing and optimizing the cost functions across our diverse residential, commercial, and infrastructure projects. This position demands a strategic leader who can provide insights and strategies to ensure effective financial management while driving project success.

### Responsibilities

-   Lead the development and execution of cost management strategies across residential, commercial, and infrastructure projects.
-   Oversee the preparation and evaluation of cost estimates, budgets, and forecasts to facilitate informed decision-making.
-   Conduct detailed analysis of project costs, identifying trends and areas for improvement, and implementing necessary actions.
-   Collaborate closely with project managers and other stakeholders to integrate cost management processes within project lifecycles.
-   Manage and mentor a dedicated team of cost professionals to promote best practices in cost management.
-   Review tenders, contracts, and claims, ensuring the alignment of cost implications with the contractual obligations.
-   Provide regular reports and presentations to senior management on cost performance, highlighting any concerns or opportunities.
-   Stay updated on industry standards, trends, and technological advancements to enhance cost management practices.

## Requirements

-   Bachelor's degree in Quantity Surveying, Construction Management, Engineering, or a related field; a Master's degree or professional certification is preferred.
-   7+ years of experience in cost management within large-scale residential, commercial, and infrastructure projects.
-   Proven expertise in cost estimation, budgeting, and financial analysis within the construction industry.
-   Strong analytical skills with a proactive approach to problem-solving and decision-making.
-   Excellent communication and interpersonal skills, with the ability to collaborate effectively with diverse teams.
-   Demonstrated leadership skills and experience in managing and developing high-performing teams.
-   Proficient in cost management software and tools.
-   Ability to work effectively in a dynamic and fast-paced environment.

Applications closing on 1st July 2026.

## Benefits

Offering a comprehensive compensation and benefits package.