Director - Cost Planning - 20004898 CDU5

As the Director - Cost Planning (20004898 CDU5) at Qiddiya Investment Company, you will play a key strategic role in the successful delivery of our ambitious projects. This position requires a visionary leader capable of implementing effective cost planning strategies and managing the financial frameworks that underpin our development initiatives. Your primary focus will be on establishing and maintaining robust cost management practices throughout the lifecycle of projects, from initial budgeting through to the final reporting stages. You will lead a dedicated team of cost planners, ensuring that all financial aspects are well-coordinated and aligned with project timelines. Key Responsibilities Develop and execute comprehensive cost planning strategies that align with the overall objectives of Qiddiya Investment Company. Prepare and oversee detailed budgets, forecasts, and financial reports, ensuring accuracy and compliance with internal policies. Lead and mentor a team of cost planning professionals, enhancing their skills and driving a culture of excellence. Identify and mitigate financial risks across projects by closely monitoring costs and expenditures. Provide expert financial advice to project managers and senior leadership, aiding in data-driven decision-making. Collaborate with other departments to ensure cost planning efforts are integrated with overall project planning and execution. Stay abreast of market trends and changes that impact construction costs, adjusting strategies as necessary. Engage with external contractors and consultants to facilitate effective cost communication and management. Requirements Bachelor's degree in Quantity Surveying, Construction Management, Engineering, or a related field; a Master’s degree is desirable. At least 10-15 years of relevant experience in cost planning or financial management within the construction or real estate development sectors, with substantial experience in a leadership role. Demonstrated expertise in cost estimation, budgeting, and financial reporting. Strong analytical skills with the ability to interpret complex financial data and provide actionable insights. Excellent leadership and team management skills with a track record of developing talent. Proficient in cost management software and advanced Excel skills. Professional certifications such as RICS, AACE, or similar are advantageous. Fluency in English; proficiency in Arabic is a plus. Benefits Offering a comprehensive compensation and benefits package.