Senior Manager, Cost Control - Residential

Qiddiya Investment Company

Posted on 5 Sep

Experience

9 - 14 Years

Job Location

Riyadh - Saudi Arabia

Education

Bachelor of Technology/Engineering, Bachelor of Business Administration(Management)

Nationality

Any Nationality

Gender

Not Mentioned

Vacancy

1 Vacancy

Job Description

Roles & Responsibilities

Responsibilities

  • Develop and implement comprehensive cost control strategies for residential projects within the Qiddiya portfolio.
  • Work closely with project teams to establish accurate budgets and track actual costs against those budgets throughout the project lifecycle.
  • Analyze cost variances and prepare detailed reports for senior management, outlining financial performance and potential risks.
  • Identify opportunities for cost savings through efficient resource management and process improvements.
  • Collaborate with procurement and contracting teams to ensure cost-effective purchasing and management of contracts.
  • Engage with stakeholders to communicate financial expectations and outcomes, fostering a culture of transparency.
  • Utilize SAP and Prism systems for effective tracking and management of project costs.
  • Ensure adherence to company policies and industry standards in all cost control practices.
  • Monitor market trends to inform budgeting and financial planning activities.
  • Support training and development initiatives for team members on cost control practices.

Desired Candidate Profile

Bachelor's degree in engineering, finance, or a related field; a Master's degree is preferred.

  • Minimum of 9-12 years of experience in cost control or financial management, with a strong emphasis on residential projects.
  • Professional certifications such as MRICS or CCP are highly regarded.
  • In-depth knowledge of cost management principles, tools, and methodologies.
  • Proven capability in financial analysis and reporting.
  • Excellent negotiation and interpersonal skills for effective collaboration with cross-functional teams.
  • Strong organizational and project management skills, with the ability to prioritize and manage multiple tasks.
  • Proficient in cost management software, SAP, and advanced Excel.

Company Industry

Department / Functional Area

Keywords

  • Senior Manager
  • Cost Control - Residential

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Qiddiya Investment Company

Qiddiya Investment Company is at the forefront of creating a world-class entertainment and leisure destination in Saudi Arabia. We are currently seeking a Senior Manager, Cost Control - Residential to join our dynamic team. In this role, you will spearhead the financial oversight and cost management practices for our residential development projects.

https://apply.workable.com/qiddiya-investment-company-1/j/7F6AC1C906/

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