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senior commercial cost manager

JASARA PMC

JASARA PMC is seeking a highly skilled Senior Commercial & Cost Manager to join our dynamic team. In this pivotal role, you will be responsible for managing and overseeing all commercial and cost-related activities across various projects. Your expertise will ensure accurate budgeting, financial forecasting, and cost control, contributing significantly to the successful delivery of projects. You will collaborate closely with project managers and stakeholders, implementing effective commercial strategies and ensuring compliance with contractual obligations.
<br><br>
<b>Key Responsibilities:</b><br>
<ul>
<li>Develop and manage project budgets and financial plans, ensuring adherence to cost management principles.</li>
<li>Conduct comprehensive cost analyses and prepare detailed financial reports for management review.</li>
<li>Provide guidance on commercial negotiations and contract management to ensure favorable terms.</li>
<li>Oversee procurement processes and relationship management with suppliers and subcontractors.</li>
<li>Identify and mitigate financial risks throughout the project lifecycle.</li>
<li>Support project teams with financial decision-making and strategic planning.</li>
<li>Monitor, evaluate, and report on project financial performance, implementing corrective actions as necessary.</li>
</ul>
<b>Requirements:</b><br>
<ul>
<li>Bachelor's degree in Finance, Engineering, or a related field.</li>
<li>A minimum of 15 years of experience in commercial and cost management, preferably in the construction or engineering sector on large-scale projects.</li>
<li>Strong knowledge of contract law and commercial practices.</li>
<li>Proficient in financial analysis, budgeting, and cost modeling.</li>
<li>Excellent negotiation, communication, and interpersonal skills.</li>
<li>Demonstrated ability to lead teams and manage multiple projects effectively.</li>
<li>Proficiency in project management software and Microsoft Office Suite.</li>
<li>Strong analytical and problem-solving capabilities.</li>
</ul>
<b>Benefits:</b><br>
<ul>
<li>Competitive salary and benefits package</li>
<li>Opportunity to work in a dynamic and growing organization.</li>
<li>Be part of a collaborative and supportive team</li>
</ul>


Senior Commercial & Cost Manager

Jasara Program Management Company

<div>
 JASARA PMC is seeking a highly skilled Senior Commercial &amp; Cost Manager to join our dynamic team. In this pivotal role, you will be responsible for managing and overseeing all commercial and cost-related activities across various projects. Your expertise will ensure accurate budgeting, financial forecasting, and cost control, contributing significantly to the successful delivery of projects. You will collaborate closely with project managers and stakeholders, implementing effective commercial strategies and ensuring compliance with contractual obligations.
 <br/>
 <br/>
 <strong>
  Key Responsibilities
  <br/>
  <br/>
 </strong>
 <ul>
  <li>
   Develop and manage project budgets and financial plans, ensuring adherence to cost management principles
  </li>
  <li>
   Conduct comprehensive cost analyses and prepare detailed financial reports for management review
  </li>
  <li>
   Provide guidance on commercial negotiations and contract management to ensure favorable terms
  </li>
  <li>
   Oversee procurement processes and relationship management with suppliers and subcontractors
  </li>
  <li>
   Identify and mitigate financial risks throughout the project lifecycle
  </li>
  <li>
   Support project teams with financial decision-making and strategic planning
  </li>
  <li>
   Monitor, evaluate, and report on project financial performance, implementing corrective actions as necessary
   <br/>
   <br/>
  </li>
 </ul>
 <strong>
  Requirements
  <br/>
  <br/>
 </strong>
 <ul>
  <li>
   Bachelor's degree in Finance, Engineering, or a related field
  </li>
  <li>
   A minimum of 15 years of experience in commercial and cost management, preferably in the construction or engineering sector on large-scale projects
  </li>
  <li>
   Strong knowledge of contract law and commercial practices
  </li>
  <li>
   Proficient in financial analysis, budgeting, and cost modeling
  </li>
  <li>
   Excellent negotiation, communication, and interpersonal skills
  </li>
  <li>
   Demonstrated ability to lead teams and manage multiple projects effectively
  </li>
  <li>
   Proficiency in project management software and Microsoft Office Suite
  </li>
  <li>
   Strong analytical and problem-solving capabilities
   <br/>
   <br/>
  </li>
 </ul>
 <strong>
  Benefits
  <br/>
  <br/>
 </strong>
 <ul>
  <li>
   Competitive salary and benefits package
  </li>
  <li>
   Opportunity to work in a dynamic and growing organization
  </li>
  <li>
   Be part of a collaborative and supportive team
  </li>
 </ul>
</div>


TGCC MIDDLE EAST

<p>Job Vacancy: Commercial Manager</p><p>Location: Kingdom of Saudi Arabia</p><p>Industry: Construction / Engineering</p><p>We are seeking an experienced Commercial Manager to join our team and support the successful delivery of large-scale construction projects across the Kingdom.</p><p>Key Responsibilities:</p><p>Manage all commercial aspects of projects, including contracts, claims, variations, and cost control.</p><p>Prepare, review, and administer contracts, subcontracts, and commercial agreements.</p><p>Monitor project budgets, forecasts, and cash flow to ensure financial objectives are achieved.</p><p>Lead commercial negotiations with clients, consultants, subcontractors, and suppliers.</p><p>Support project teams in risk management, value engineering, and cost optimization.</p><p>Ensure compliance with contractual obligations, company policies, and local regulations.</p><p>Prepare commercial reports and provide regular updates to senior management.</p><p>Qualifications &amp; Requirements:</p><p>Bachelor&rsquo;s degree in Engineering, Quantity Surveying, or a related field.</p><p>Minimum 10 years of experience in a similar commercial role within the construction industry.</p><p>Strong knowledge of FIDIC contracts and commercial management practices.</p><p>Proven experience handling large-scale and complex construction projects.</p><p>Excellent negotiation, communication, and leadership skills.</p><p>Prior experience in Saudi Arabia is highly preferred.</p><p>We look forward to welcoming talented professionals to join our expanding team and support our upcoming projects across the Kingdom of Saudi Arabia.</p><p>Job Type: Full-time</p>

Commercial Manager

People Group Arabia

<div>
 <p>
  <strong>
   Job Title:
  </strong>
  Associate Director &ndash; Commercial (Real Estate &amp; Construction)
 </p>
 <p>
  <strong>
   Location:
  </strong>
  Riyadh, Saudi Arabia
 </p>
 <p>
  <strong>
   Salary:
  </strong>
  Up to 80,000 SAR per month
 </p>
 <p>
  <strong>
   Organisation:
  </strong>
  Global PMC / PMO (Client-side Advisory)
 </p>
 <p>
  <br/>
 </p>
 <p>
  Role Overview
 </p>
 <p>
  The Associate Director &ndash; Commercial will play a senior leadership role within the Project Management Consultancy / Programme Management Office, providing commercial, contractual, and financial oversight across major real estate and construction packages. The role supports the Employer&rsquo;s interests, ensuring robust cost management, governance, and commercial assurance across a complex, multi-package development programme.
 </p>
 <p>
  The position requires strong experience in large-scale real estate or mixed-use developments, excellent stakeholder management skills, and the ability to operate at both strategic and delivery levels.
 </p>
 <p>
  <br/>
 </p>
 <p>
  Key Responsibilities:
 </p>
 <p>
  <br/>
 </p>
 <p>
  Commercial &amp; Contract Management
 </p>
 <ul>
  <li>
   Provide senior commercial leadership across multiple construction and real estate packages
  </li>
  <li>
   Oversee contract administration under standard forms (FIDIC and bespoke amendments)
  </li>
  <li>
   Ensure commercial governance, compliance, and best practice are consistently applied
  </li>
  <li>
   Advise senior client stakeholders on contractual obligations, entitlements, and risk exposure
  </li>
 </ul>
 <p>
  <br/>
 </p>
 <p>
  Cost Management &amp; Financial Control
 </p>
 <ul>
  <li>
   Oversee cost planning, budgeting, and financial control across assigned assets or workstreams
  </li>
  <li>
   Review cost reports, forecasts, and cash flow projections
  </li>
  <li>
   Monitor change control, variations, and compensation events
  </li>
  <li>
   Support programme-level cost assurance and reporting
  </li>
 </ul>
 <p>
  <br/>
 </p>
 <p>
  Procurement &amp; Change Management
 </p>
 <ul>
  <li>
   Support procurement strategies, tender evaluations, and commercial negotiations
  </li>
  <li>
   Ensure variations and changes are properly instructed, assessed, and approved
  </li>
  <li>
   Advise on cost and commercial implications of design and scope changes
  </li>
 </ul>
 <p>
  <br/>
 </p>
 <p>
  Claims, Risk &amp; Commercial Assurance
 </p>
 <ul>
  <li>
   Support avoidance and management of claims and disputes
  </li>
  <li>
   Review contractor claims for time and money and provide strategic recommendations
  </li>
  <li>
   Maintain and manage commercial and contractual risk registers
  </li>
  <li>
   Provide early warning of potential commercial or contractual issues
  </li>
 </ul>
 <p>
  <br/>
 </p>
 <p>
  Leadership &amp; Stakeholder Engagement
 </p>
 <ul>
  <li>
   Lead and mentor commercial managers and quantity surveyors within the PMO
  </li>
  <li>
   Interface with senior client representatives, consultants, and contractors
  </li>
  <li>
   Coordinate closely with design, planning, project controls, and delivery teams
  </li>
  <li>
   Contribute to senior leadership meetings and programme-level decision-making
  </li>
 </ul>
 <p>
  <br/>
 </p>
 <p>
  Reporting &amp; Governance
 </p>
 <ul>
  <li>
   Prepare high-quality commercial reports for executive and client leadership
  </li>
  <li>
   Support audits, gateway reviews, and internal governance processes
  </li>
  <li>
   Ensure transparent, auditable commercial records and controls
  </li>
  <li>
   Contribute to lessons learned and continuous improvement initiatives
  </li>
 </ul>
 <p>
  <br/>
 </p>
 <p>
  Key Interfaces
 </p>
 <ul>
  <li>
   Client / Employer senior leadership
  </li>
  <li>
   PMO / PMC leadership team
  </li>
  <li>
   Design consultants and delivery partners
  </li>
  <li>
   Contractors and commercial leads
  </li>
  <li>
   Legal advisers and claims consultants
  </li>
 </ul>
 <p>
  <br/>
 </p>
 <p>
  Qualifications &amp; Experience
 </p>
 <ul>
  <li>
   <strong>
    MRICS
   </strong>
   (mandatory)
  </li>
  <li>
   Degree in Quantity Surveying, Commercial Management, Construction Management, or related discipline
  </li>
  <li>
   Extensive experience on large-scale real estate, mixed-use, or major construction developments
  </li>
  <li>
   Strong background working within a client-side, PMC, or PMO environment
  </li>
  <li>
   Proven experience in cost management, procurement, variations, and claims
  </li>
  <li>
   Experience working in the Middle East preferred
  </li>
 </ul>
 <p>
  <br/>
 </p>
 <p>
  Skills &amp; Competencies
 </p>
 <ul>
  <li>
   Strong commercial and financial acumen
  </li>
  <li>
   Excellent stakeholder management and communication skills
  </li>
  <li>
   Strategic thinker with strong attention to detail
  </li>
  <li>
   Confident leader capable of managing senior teams and interfaces
  </li>
  <li>
   Ability to operate in a fast-paced, complex programme environment
  </li>
 </ul>
 <p>
  <br/>
 </p>
 <p>
  What&rsquo;s on Offer
 </p>
 <ul>
  <li>
   Salary up to
   <strong>
    80,000 SAR per month
   </strong>
  </li>
  <li>
   Senior leadership role on a landmark, large-scale development
  </li>
  <li>
   Opportunity to work within a globally recognised PMC/PMO environment
  </li>
  <li>
   Long-term career opportunity in Riyadh
  </li>
 </ul>
 <p>
 </p>
</div>


Commercial Director

PROGER

<div><p>Proger is a global reality that brings together the best of Italian management, engineering and security expertise. A unique partner for public and private clients, able to guarantee the sustainability, development and execution of large-scale multidisciplinary projects.</p><p>
With more than 70 years' experience, the company is now the leading independent engineering firm in Italy and is firmly established in the world rankings of international companies in the sector, compiled by Engineering News Record.</p><p>
In Italy, it is responsible for the safety checks of over 7,000 works on the motorway network and is involved in the design of many of the country's largest infrastructure projects. On a national and international level, it is a key player in major urban, social and health development projects and plays a leading role in the energy transition, building renewable energy power plants, hydrogen plants and electrical and thermal energy storage systems.</p><p>
Proger is present in Europe, Central Asia, Africa and the Middle East with hundreds of professionals who work with sensitivity to the territory and the social fabric to face new and increasingly global challenges with the utmost respect for the local context.</p><p>
Proger's selection process ensures equal opportunities for all candidates and the transparency and homogeneity of the assessment criteria. Proger is committed to attracting and recruiting people with diverse backgrounds and abilities, and to pursuing gender equality in selection and recruitment.</p><p>
Experience, skills and competencies are the guidelines for selecting our best candidates. Would you like to join our team?</p><br>
<br>
<h2 class="jobSectionHeader"><b>Position:
</b></h2><p>Proger is looking for a<b> Cost Manager</b> to join its Branch in <b>Riyadh, Saudi Arabia</b>.</p><p></p><p><b>
About the Role</b></p><p>
The Cost Manager will act as a key member of the PMO and report to the Project Director, ensuring that projects are financially viable, aligned with approved budgets and delivered in accordance with the organization&rsquo;s commercial strategy and development objectives. The role is to ensure accurate, robust, and timely cost planning, estimating, and cost control across complex mixed-use construction developments.<br>
</p><br>
<p></p><h2 class="jobSectionHeader"><b>Requirements:
</b></h2><p><b>Key Responsibilities :</b></p><p></p><ul><li>Develop and produce cost estimates for mixed-use developments, including residential, commercial, hospitality, retail and infrastructure components.</li><li>Prepare hard cost estimates (construction, FF&amp;E, infrastructure, utilities, contractor preliminaries, contingencies) and soft cost estimates (design consultancy fees, project management, supervision, authorities&rsquo; fees, permits, testing, insurance, legal, marketing and client costs).</li><li>Prepare cost plans, development feasibility studies and business cases at all project stages.</li><li>Establish and maintain cost breakdown structures (CBS) aligned with project scope and PMO standards.</li><li>Monitor project costs against approved budgets and forecasts.</li><li>Identify cost variances, risks, and opportunities and propose mitigation measures.</li><li>Prepare periodic cost reports, cash flow forecasts, and financial dashboards for PMO and senior management.</li><li>Support procurement and tendering processes, including bid evaluation and commercial assessments.</li><li>Coordinate with design teams, project managers, planners and external consultants to ensure cost alignment with scope and schedule.</li><li>Ensure compliance with internal PMO procedures, cost management standards and governance frameworks.</li><li>Maintain cost databases, benchmarks, and historical project data for future estimating.</li></ul><p></p><h2 class="jobSectionHeader"><b><br>
Other information:
</b></h2><p><b>Key Competencies and Skills
</b></p><ul><li>Bachelor&rsquo;s degree in Quantity Surveying, Construction Management, Engineering, Architecture, or related discipline.
</li><li>Minimum 8&ndash;12 years of relevant experience in cost management for large-scale or mixed-use developments (client, PMO, or consultancy environment preferred).</li><li>Professional certification preferred (e.g., RICS, CIOB, PMI, AACE, or equivalent).</li><li>Strong knowledge of construction cost estimating and cost management for mixed-use developments.</li><li>Familiarity with different procurement strategies, contract types and commercial models.</li><li>Knowledge of regional construction market conditions, cost drivers and escalation factors.</li><li>High level of analytical and numerical capability with strong attention to detail, commercial awareness and financial acumen.</li><li>Strong organizational skills, problem-solving, proactivity and accuracy, team-work and coordination abilities.</li><li>Effective communication abilities both in <b>English</b> and Arabic.</li></ul></div><p></p>

COST MANAGER

KEO International Consultants

<div>Overview:
<div>
KEO is a creative enterprise, where innovation is a way of life. We are uniquely resourced with end-to-end services to take clients from inspiration &ndash; through conceptualization &ndash; to realization of planning, design or project delivery in the built and natural environments. For over 60 years we&rsquo;ve led with vision, contributing to many of the world&rsquo;s most ambitious projects, iconic places, remarkable experiences and prosperous communities.</div><div></div><div><br>
As a highly integrated and agile AEP/PMCM firm, KEO is recognized by ENR as one of the Top 225 International Design Firms and one of the Top 20 International PM/CM Firms. We are also ranked by World Architecture as the 51st largest global architecture firm and the #1 Firm in the Middle East Region in their 2024 WA100 Survey.</div><div></div><div><br>
We invite you to join us. Why?</div><div></div><div><br>
When you join KEO, you&rsquo;ll discover more than just a job &ndash; you&rsquo;ll find a supportive environment that fosters your professional development through internal global mobility and career development and does so within a culture that supports company-wide health and well-being through on-demand counselling services and regular workplace clinics. You will be invited to celebrate community events such as sports days, fun-runs, in-house sports teams and beach clean ups. In addition to your competitive package and benefits you will have access to a suite of policies that include hybrid working arrangements, individual athletic sponsorship, study assistance sponsorship, employee referral rewards.</div>
Responsibilities:
<div>
Our newest opportunity is for a talented Senior Cost Manager Contractual join our our award-winning team based in Riyadh, Saudi Arabia.</div><div></div><div><br>
The Senior Cost Manager will oversee all contractual and commercial aspects of major infrastructure projects, ensuring compliance with contractual obligations, effective risk management, cost control, and successful project delivery. The role requires expertise in contract administration, negotiation, claims management, procurement, and stakeholder coordination within large-scale infrastructure environments (e.g., transportation, utilities, roads, rail, water, energy).</div><div></div><div><br>
We envisage success in this role to include;</div><br>
<div></div><ul><li>
Expertise in reviewing, interpreting, and enforcing contract terms and conditions to ensure compliance, mitigate risks, and safeguard project interests.</li><li>
Demonstrating director level experience and capability in a wide range of Consultant Agreements and Construction Contracts.</li><li>
Demonstrating director level experience in complex projects from design through construction documents and implementation, including alternative forms of procurement.</li><li>
Evaluating, negotiating, and resolving claims, including Extensions of Time (EOT) and cost-related disputes</li><li>
Proficiency in preparing counterclaims and ensuring alignment of supporting documentation with contractual requirement</li><li>
Familiarity with arbitration processes and legal proceedings related to contract disputes, ensuring effective resolution and protection of project interests.</li><li>
Comprehensive knowledge of cost management, forecasting, and budget control throughout all phases of the project lifecycle.</li><li>
Capability to review, assess, and approve payment applications, variations, and final accounts, ensuring fair financial settlement and alignment with project budgets.</li><li>
Expertise in commercial risk assessment and the development of mitigation strategies to protect project financial interests.</li><li>
Proven experience in liaising with clients, contractors, and other stakeholders to support effective commercial decision-making and project success.</li><li>
Strong leadership in commercial negotiations, ensuring contract compliance and fostering positive, productive relationships among all parties.</li><li>
Up-to-date knowledge of market rates, procurement strategies, and cost benchmarking, ensuring competitive project cost-effectiveness and value for money.</li><li>
Well-versed in local regulations, industry standards, and contractual practices, ensuring compliance with all applicable laws and norms</li><li>
Assisting in the reviews, assessments and reports upon contractor&rsquo;s claims including review of time extensions, delays, and penalties.</li><li>
Prepares Change/Variation Orders and reports upon cost impacts of such orders on the construction budget.</li><li>
Reviewing of projects&rsquo; proposals and plans to determine time frames, staffing plans, finding limitations and establishing procedures needed to accomplish the projects.</li><li>
Reviewing and monitoring project cost estimates, value engineering (VE) proposals and cost reconciliation.</li></ul>
Qualifications:
<div>
To be successful in this dynamic opportunity, we envision that your career journey to date will include 20 years work experience partnered with a Bachelor degree in Civil Engineering or relevant.</div><div></div><div><b><br>
Excellent experience in a previous PMC in infrastructure (roads / highways) role is essential as well as membership to a professional body e.g RICS, MICE etc</b></div><div></div><p><br>
KEO&rsquo;s performance is founded upon integrity, results, innovation, safety and our people. We embrace diversity and recognise its&rsquo; contribution to client success wherever we work.</p><p>
We are excited to hear how you can partner with our award-winning team and treat all expressions of interest confidentially.</p></div>

Senior Cost Manager Contractual

Randstad

The Role
<br>Randstad is working with an established fit-out contractor in the search for a Commercial Manager to join the team in Riyadh, KSA. Based in Riyadh, you will take commercial charge of several concurrent, prestigious projects, primarily spanning Retail, High-End Residential, and Hospitality sectors. This is a hands-on role where you will drive profitability and financial stability across your assigned portfolio. Key responsibilities: - Oversee all commercial aspects of the fit-out projects, including budgeting, forecasting, cost control, and financial reporting - Manage contract execution, ensuring adherence to terms and conditions, risk identification, and mitigation strategies - Lead the procurement process, negotiate with and manage subcontractors, and ensure timely and commercially advantageous purchasing - Manage commercial correspondence and contractual relations with clients, consultants, and stakeholders - Diligently manage all variations (VOs) and claims, maximizing commercial recovery while maintaining client relationships
<br><br>
Requirements
<br><b>To be considered, candidates applying must have:</b> - Strong, verifiable experience as a Quantity Surveyor or Commercial Manager working with fit-out contractors. Experience within the Retail, Hospitality, or Residential sectors is highly desirable - While Middle East experience is a bonus, we are explicitly welcoming candidates with solid international fit-out experience who are ready to relocate and embrace the opportunities in Riyadh, KSA - Exceptional negotiation skills, a sharp commercial focus, and a proactive, goal-oriented mindset
<br><br>
About the company
<br>Were experts in helping jobseekers, like you, find fulfilling and prosperous careers. Whether youre looking for your first ever role or a more senior position, we can help you apply, interview and secure your dream job. Despite our size and global scope, we pride ourselves on our ability to make every jobseeker, client and employee feel valued. Our core specialisms (with offices based across the UK) include: - Business Support - Sales, Marketing, Retail, Call centres, Secretarial and Admin - Care - CPE - Construction, Property and Engineering - Digby Morgan - HR - Education - Financial services - Accountancy and finance - Inhouse Services - Sourceright - Student and Worker Support - Technologies

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1591 senior commercial cost manager jobs IN Riyadh Jobs In Riyadh

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