# Senior Manager - Commercial - INV-005 HS8

> Qiddiya Investment Company · Riyadh, Saudi Arabia · Full-time · Posted 2025-10-23

**Workplace:** on_site

**Department:** Investment Management

## 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 17th May 2026.

## Benefits

Offering a comprehensive compensation and benefits package.

## Apply

[Apply at Qiddiya Investment Company](https://apply.workable.com/qiddiya-investment-company-1/j/DD070C86E7/apply)

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