
Construction Cost Management Specialist
2 days ago
Description:
We are seeking a highly skilled Construction Cost Management Specialist to join our team. As a key member of the project team, you will be responsible for managing the financial aspects of construction projects from initiation to completion.
Key Responsibilities:
* Develop detailed cost estimates and budgets for construction projects
* Analyze project specifications and drawings to ensure accurate cost estimation
* Monitor and control project costs to ensure they remain within agreed parameters
Tendering and Procurement:
* Manage the tendering process, including preparing tender documents, analyzing bids, and recommending contractors
* Negotiate contracts and subcontracts to ensure favorable terms and conditions
* Oversee procurement of materials and services, ensuring cost-effectiveness and quality
Contract Administration:
* Administer and manage contracts, ensuring compliance with terms and conditions
* Handle contractual disputes and claims in a timely and effective manner
* Prepare and evaluate contractual variations and change orders
Project Financial Management:
* Conduct regular financial reviews and prepare reports on project progress and cost performance
* Ensure timely and accurate billing and invoicing to clients and stakeholders
* Manage project cash flow and prepare financial forecasts
Risk Management:
* Identify and assess project risks related to cost, time, and quality
* Develop risk mitigation strategies and ensure their implementation
* Monitor and update risk management plans throughout the project lifecycle
Client and Stakeholder Liaison:
* Maintain effective communication with clients, contractors, and other stakeholders
* Provide expert advice on cost and contractual matters to clients and project teams
* Ensure client satisfaction by delivering projects within agreed timelines and budgets
Team Leadership and Development:
* Lead and mentor junior quantity surveyors and other team members
* Conduct performance reviews and provide training and development opportunities
* Foster a collaborative and productive team environment
Compliance and Documentation:
* Ensure compliance with relevant laws, regulations, and industry standards
* Maintain accurate and up-to-date project documentation, including contracts, reports, and correspondence
* Conduct regular audits and reviews to ensure documentation integrity
Qualifications:
* Education: Bachelor's degree in Quantity Surveying, Construction Management, or a related field
* Professional certification (e.g., MRICS, FRICS) is preferred
Skills:
* Strong knowledge of construction methods, materials, and legal regulations
* Excellent analytical and numerical skills
* Proficiency in quantity surveying software (e.g., CostX, BuildSoft, or similar)
* Effective communication and negotiation skills
* Leadership and team management abilities
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