Cost Manager
Job description
Cost manager supporting delivery of water, roads, and utilities projects across the Middle East, ensuring effective cost planning and financial control aligned with contractual requirements. Manages cost estimation, budgeting, and cost tracking throughout the project lifecycle, while monitoring variations, claims, and change control in coordination with project teams and contractors. Provides cost reporting, forecasting, and value engineering support to ensure projects are delivered within approved budgets and financial objectives.
Responsibilities include:
- Oversees budgeting, cost control, estimating, and reporting processes.
- Implements and manages cost management software tools.
- Assesses variations in project costs against approved budgets.
- Evaluates the accuracy of cost estimates submitted by design consultants and contractors.
- Prepares and updates cost forecasts to reflect project changes.
- Verifies that cost estimates and expenditures align with contractual agreements and specifications.
- Reviews bill of quantities (BOQ) prepared by design consultants and contractors.
- Validates project control budgets and updates them as needed.
- Reviews final cost reports, assets registers, and project close-out documents.
- Ensures compliance with contractual requirements for project closeout.
- Understands and adheres to QHSE policies, manuals, and procedures.
- Implements QHSE practices within their area of responsibility.
- Collaborates with project teams to address cost-related issues.
- Provides expert advice on cost management strategies.
- Contributes to continuous improvement of cost management practices.
- Performs other duties as assigned by the line manager or supervisor.
Qualifications and experience:
- Bachelor’s degree in engineering from an accredited university.
- Minimum 15 years’ experience in cost control including similar roles for large-scale projects.
- Experience in performing, monitoring, and reviewing cost engineering functions, including cost estimating, cost control, financial reporting systems, and cost analysis, both in the field and the home office.
- Statistical knowledge in sampling distributions, probability, and hypothesis testing.
- Knowledge of personnel administration and training of technical and non-technical personnel.
- Demonstrated ability to plan, organize, direct, perform, review, and present cost engineering and cost estimating products independently with minimal supervision using a high level of professional judgment and knowledge related to technical planning, scheduling skills, and engineering design and construction practices.
- Skilled in verbal and written communication.
- Advanced knowledge of engineering, procurement, contracts, construction, and startup work processes.
- Knowledge of engineering and construction management typically acquired through specialized instruction or practical experience.
- Experience working internationally, with preference for GCC experience.
About the company
The company provides program management, project management, construction management, project management oversight, advisory, facilities management, and other consulting services to clients in a variety of market sectors. It is recognized as one of the largest program management firms worldwide. The company focuses exclusively on program, project, and construction management, protecting client interests and helping clients achieve their desired outcomes. It is dedicated to exceeding expectations throughout the entire construction project lifecycle and adapts to the needs of each assignment to develop tailored approaches and solutions.
The company is part of a global infrastructure solutions group and is an equal opportunity employer.
Note: This job description is intended to provide an indication of the nature and levels of work, knowledge, skills, abilities, and other essential functions to be carried out as part of fulfilling the role. Various other duties may be required.