Cost Planning Manager

NEOM is an accelerator of human progress and a vision of what a new future might look like. A region in northwest Saudi Arabia on the Red Sea, NEOM is being built from the ground up to include hyperconnected, cognitive cities, ports, next-generation infrastructure and industries, enterprise zones, research centers, sports and entertainment venues and tourist destinations.

As a destination, it will be a home for people who dream big and want to be part of building a new model for exceptional livability, creating thriving businesses and reinventing environmental conservation.

As a workplace, it is a place for people who share our core values of care, curiosity, diversity, passion, respect, and becoming a catalyst for change.

Are you ready to help NEOM find solutions to the world’s most pressing challenges? Are you prepared to create a lasting legacy that benefits generations to come? Then we want to hear from you!

ROLE OVERVIEW

The Cost Planning Manager for THE LINE Proponent to be responsible for advising on the foreseeable cost of the assigned project(s) and translating project requirements into robust figures with ease, whilst adhering to financial constraints without compromising NEOM’s high standards. This role requires providing cost planning expertise and support to THE LINE Development team from the conceptual stage through design, construction, and closeout of the assigned project(s). Including establishing a close liaison with THE LINE Construction Commercial team, fostering a collaborative relationship, and maintaining communication cadence to ensure that cost control remains a priority. The Cost Planning Manager will be reporting to the Senior Cost Planner / Director of Cost Planning.

REQUIREMENTS SUMMARY

• 7 years of experience in cost planning and risk management.
• 7 years of experience in cost estimating software including but not limited to Cost X.
• Effective communication and interpersonal skills, with the ability to engage effectively with a wide range of stakeholders.
• High attention to detail including accuracy of cost estimates.
• Ability to build and sustain strong relationships with internal (NEOM Leadership, Sector Heads/Executive Directors, NEOM teams) and external stakeholders (Government Departments, Service Partners, Consultants).
• Uphold ethical standards in all stakeholder interactions and communications.

ROLE COMPETENCIES & ACTIVITIES

Cost Planning

• Prepare and submit estimates and details of costs for in-house analysis.
• Work closely with THE LINE Development team to develop accurate cost estimates for each phase of the project and maintain communication cadence with THE LINE Construction Commercial team to ensure cost control remains a priority.
• Conduct analysis of project design and construction requirements, as well as accounting for any potential risks or contingencies.
• Collaborate with architects, engineers, and other professionals to obtain accurate cost information and ensure that all design concepts are aligned with project budgetary constraints, including evaluation of risks, estimate timelines, and ensuring projects stay within budget constraints set by THE LINE Development department.
• Conduct research to obtain data on benchmarking for various regions.
• Assess the risk levels associated with a project.
• Monitor the stages of a project to make sure that costs are kept in line with forecasts.
• Monitor the costs at the various stages of a project to ensure it stays within the budget.
• Report on project costs throughout the development process, ensuring that any changes or deviations from the original plan are accounted for and appropriately managed.
• Participate in the technical and commercial evaluation of tenders to select the best overall offer for NEOM.
• Required to focus on development cost planning rather than more traditional construction cost planning.

Change Management

• Stay informed about best practices pertaining to project cost control procedures.
• Developing the project cost control strategy, plans, and procedures.
• Promote transparency and accountability in all interactions with internal and external stakeholders.
• Identify potential risks associated with the change and develop strategies to mitigate them.
• Implement and manage change to ensure the project cost stays within budget

Culture and Values

• Embrace NEOM’s culture and Values https://www.neom.com/en-us/about
• Act with honesty and integrity by following best practices, and upholding the robust standards and expectations set out in NEOM’s Code of Conduct.
• Maintain fair, ethical and professional work practices in accordance with NEOM’s Values and Code of Conduct.
• Adhere to NEOM’s Policies, procedures, and controls to ensure compliance with rules

EXPERIENCE & QUALIFICATIONS

Knowledge, Skills, and Experience

• 7 years of relevant full-time work experience.
• The ability to read architectural plans and develop cost estimates.
• Strong knowledge of the construction process, including construction estimating, design parameters and applicable codes and regulations, as applied to engineering/building projects.
• The ability to work under pressure to meet set goals, budgets, and deadlines and to work to individual objectives, in addition to being a strong team player.
• Strong analytical, lateral, and critical thinking skills with an attention to detail.
• Skilled in creating educated guesses rather than reacting to whatever comes through from stakeholders.
• Willing and able to be a “doer” and “influencer”.
• Excellent time management organization and focus on ability to prioritize and multi-task, with the ability to focus on detail.
• Excellent communication skills with the ability to draft and edit a variety of written reports and communications and to articulate ideas clearly and concisely.
• Proficiency in MS Office applications and estimating software.

Qualifications

• Bachelor’s degree in Quantity Surveying, Engineering, building related, or closely related.
• Preferably Chartered (RICS, CICES, CIOB).