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Cost Manager

2 months ago

Riyadh, Ar Riyāḑ, Saudi Arabia Savills Middle East Full time

About the Role

Savills Middle East is seeking a highly skilled and experienced Cost Manager to join our team. As a Cost Manager, you will be responsible for providing cost management services to our clients, including measurement, estimating, payment valuations, procurement, variation assessment, and more.

Key Responsibilities

  • Establish and monitor the day-to-day recording and processing of details;
  • Lead in the preparation of variation orders and advise on contractual matters related to financial issues;
  • Ensure completeness and validity of all contractual requirements and advise on contractor's resource allocation;
  • Prepare financial statements for monthly reports and audit payments to Contractors;
  • Check and record measurements of completed work and monitor contracts final cost estimates;
  • Maintain expenditure records and review, negotiate, and prepare claim settlements;
  • Prepare Final Account with all supporting documentation and prepare tender and contract documents, including bills of quantities with the architect and/or the client;
  • Assist in establishing a client's requirements and undertaking feasibility studies and perform risk, value management, and cost control;
  • Advise on procurement strategy and identify, analyze, and develop responses to commercial risks;
  • Prepare and analyze costings for tenders and allocate work to subcontractors;
  • Provide advice on contractual claims and analyze outcomes and write detailed progress reports;
  • Value completed work and arrange payments and maintain 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 and ensure accurate cash flow reporting and forecasting takes place;
  • Actively seek to improve processes and procedures and ensure that good client relationships are maintained;
  • Be responsible for subcontract letting, negotiation, and financial accounting internal relationships and ensure effective interaction between the cost management team and the operational site teams.

Requirements

  • 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.