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Dar Al Riyadh Consultants

Job Details

Responsibilities:




  • Develop comprehensive project cost estimates based on project scope, specifications, and requirements.

  • Collaborate with project managers to establish project budgets and ensure alignment with organizational goals and objectives.

  • Conduct regular cost reviews and analysis to identify variances and potential cost overruns, and implement corrective actions as necessary.

  • Monitor project expenses, commitments, and cash flow to ensure adherence to approved budgets.

  • Prepare accurate and timely financial reports, forecasts, and cost projections for project stakeholders.

  • Review and evaluate contractor and supplier bids to ensure competitiveness and compliance with project requirements.

  • Provide cost-related guidance and support to project teams, including cost control procedures, change management, and contract administration.

  • Participate in project meetings and presentations to provide updates on project cost performance and outlook.

  • Maintain accurate and up-to-date records of all project costs, including invoices, contracts, change orders, and other relevant documentation.

  • Identify opportunities for cost savings and efficiency improvements within the project and make recommendations for implementation.

Minimum Requirements:




  • Bachelor's degree in Construction Management, Engineering, Finance, or related field. Master's degree preferred.

  • Minimum of 12 years of experience in cost management within the construction or infrastructure industry, with a proven track record of successfully managing large-scale projects.

  • Strong understanding of project cost estimation techniques, cost control principles, and financial analysis.

  • Proficiency in project management software and financial modeling tools.

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