Jobs Companies Qiddiya Investment Company Senior Manager - Commercial - INV-005 HS8

About this Senior Manager - Commercial - INV-005 HS8 role at Qiddiya Investment Company

Qiddiya Investment Company · Onsite · Riyadh, Riyadh Province, Saudi Arabia

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 1st July 2026.

Benefits

Offering a comprehensive compensation and benefits package.

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About Qiddiya Investment Company

The Qiddiya Investment Company (QIC) is the holding company that contains all the for-profit investments of the enterprise (including Qiddiya City and its offerings as well as Saudi Entertainment Ventures) and the overall strategic direction of the collective company. As a global leader in entertainment and the developer of the concept of play, QIC, along with its subsidiaries, is driving the development of the Entertainment, Sports and Culture sector in Saudi Arabia.

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