Roles and responsibilities
- Interact with client and program/ project teams / engineering / delivery teams
- Plan work commitments and priorities
- Manage, motivate and provide guidance to staff (if applicable)
- Coordinate, supervise and check the work of junior staff
- Review and analyse cost information from various sources
- Produce budgets from Client design information and specifications
- Prepare estimates from descriptive narratives and other preliminary information
- Prepare benchmarking studies to assess the cost effectiveness of design proposals
- Prepare cost plans, design cost checks and option cost appraisals during design development (where required)
- Prepare tender documentation
- Analyse tender returns, recommend negotiating points and participate directly in negotiations
- Prepare bid recommendation reports for subcontractors and suppliers
- Prepare estimates to assess the cost of changes/ variations and claims
- Review third party estimates from constructors and consultants
- Negotiate, agree and prepare the final settlement with the Contractor
- Prepare the monthly payment recommendation
- Prepare the monthly program/ project reports and presentations
- Implement and follow Quality Management System, policies, procedures, and templates
- Perform other job-related duties as required
Qualifications
- Degree in Quantity Surveying or other engineering discipline
- Must hold MRICS
- Minimum of 10 years experience
- Schedule Monitoring: Work alongside project managers to track project progress and ensure that financial and contractual milestones are met on time.
- Resource Allocation: Assist in ensuring that resources (labor, materials, equipment) are allocated efficiently to avoid delays and financial overruns.
- Milestone Payments: Ensure that milestone payments and cash flow requirements are appropriately managed and aligned with project progress.
Desired candidate profile
1. Project Cost Management:
- Cost Estimation and Budgeting: Oversee the preparation of detailed cost estimates and project budgets, ensuring they align with client specifications and project requirements.
- Cost Control: Monitor and control project costs, ensuring the project stays within budget. Perform regular cost reporting and track variations, providing early warnings of any potential cost overruns.
- Value Engineering: Identify and recommend cost-effective solutions or alternatives to reduce costs while maintaining project quality and functionality.
- Change Management: Manage variations and change orders, assessing their financial implications, and ensuring proper documentation and approval processes are followed.
2. Contract Administration:
- Contract Review and Negotiation: Draft, review, and negotiate contract terms with clients, suppliers, subcontractors, and consultants. Ensure all terms and conditions are clear and aligned with project goals.
- Contract Compliance: Ensure that contracts are adhered to throughout the project lifecycle. Monitor compliance with terms, ensuring that both parties (client and contractor) fulfill their obligations.
- Dispute Resolution: Address and resolve any disputes related to contracts, payments, delays, or scope changes, either through negotiation or formal dispute resolution processes.
3. Project Procurement:
- Procurement Management: Oversee the procurement process, including the preparation of tender documents, selecting suppliers, and managing subcontractor agreements.
- Tendering Process: Lead the tendering process by preparing and reviewing tenders, evaluating bids, and making recommendations to secure the best deals in line with project needs and budget.
- Supplier and Subcontractor Management: Manage relationships with suppliers and subcontractors, ensuring they meet deadlines, quality standards, and financial targets.
4. Financial Reporting and Documentation:
- Progress Reports: Provide regular updates on the project’s financial status to stakeholders, including clients and senior management. Report on cost status, forecasts, and potential issues.
- Invoice Management: Ensure timely and accurate invoicing for both the project team and subcontractors. Review payment applications and approve contractor invoices in accordance with contract terms.
- Final Account: Prepare and negotiate final accounts, ensuring all costs, variations, and changes are accounted for and that final settlements are completed according to the contract terms.
5. Risk Management:
- Risk Identification: Identify financial and contractual risks early in the project and take steps to mitigate them. This may include assessing the impact of potential delays, cost overruns, and regulatory changes.
- Risk Mitigation: Work with project managers and other stakeholders to develop strategies to manage and mitigate risks, ensuring the project remains on track.
6. Project Scheduling and Planning:
- Schedule Monitoring: Work alongside project managers to track project progress and ensure that financial and contractual milestones are met on time.
- Resource Allocation: Assist in ensuring that resources (labor, materials, equipment) are allocated efficiently to avoid delays and financial overruns.
- Milestone Payments: Ensure that milestone payments and cash flow requirements are appropriately managed and aligned with project progress.