Cost Manager

About This Role

The Role The Cost Manager will be expected to perform all typical day-to-day tasks in relation to providing cost management services, ranging from measurement, estimating, payment valuations, procurement, variation assessment etc. The CM will also be expected to have a high level of communication skills, capable of being a client’s main point-of-contact and having the ability to lead projects with minimal supervision.

Key Responsibilities

• Establish the way of recording details and monitor the day works recording and process.
• Lead in the preparation of variation orders.
• Advice on contractual matters related to financial issues.
• Ensure completeness and validity of all contractual requirements.
• Advise on contractor’s resource allocation.
• Prepare financial statements for monthly report.
• Audit payments to Contractors.
• Check and record measurements of completed work.
• Monitor contracts final cost estimates.
• Maintain expenditure records.
• Review, negotiate and prepare claim settlements
• Prepare Final Account with all supporting documentation.
• Prepare tender and contract documents, including bills of quantities with the architect and/or the client.
• Assisting in establishing a client's requirements and undertaking feasibility studies.
• Performing risk, value management and cost control.
• Advising on procurement strategy.
• Identifying, analyzing and developing responses to commercial risks.
• Preparing and analyzing costings for tenders.
• Allocating work to subcontractors.
• Providing advice on contractual claims.
• Analyzing outcomes and writing detailed progress reports.
• Valuing completed work and arranging payments.
• Maintaining awareness of the different building contracts in current use.
• Ensure robust, accurate and timely cost and value reporting at both project and business unit level Ensure accurate cash flow reporting and forecasting takes place.
• Actively seek to improve processes and procedures
• Ensure that good client relationships are maintained
• Be responsible for subcontract letting, negotiation and financial accounting internal relationships
• Ensure effective interaction between the cost management team and the operational site teams

Skills, Knowledge And Experience

• Bachelor’s degree in quantity surveying, Civil Engineering, or related field with 5+ years demonstrable experience in Quantity Surveying preferably in the Gulf region
• Qualified Chartered Quantity Surveyor by a recognized international body, ideally with Royal Institution of Chartered Surveyors (RICS) is preferred but not mandatory.
• Extensive experience in preparing bills of quantities, cost estimates, and the management of claims required.
• Extensive experience in commercial management and procurement of subcontractors,
• Ability to demonstrate a good knowledge of monthly reporting and earned value analysis Must have a sound knowledge of contractual relationships.
• Computer literate and able to maintain records, generate reports and use any project specific engineering and construction relevant software.
• Must be fluent in English both written and spoken with an excellent capability in written technical skills as well as oral and written communication skills.
• Excellent team player whilst also able to work independently on own initiative
• Excellent time management skills, with ability to work to tight deadlines.
• Proactive and willing to learn
• Attention to detail

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