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Location:
Riyadh, Saudi Arabia
Department: Finance
Job Description

The Senior 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. They 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.

Savills is a globally recognised real estate brand and offers the opportunity for growth and development. We are looking for a motivated and professional individual with an interest in benefiting from the support and experience the brand can offer.

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, analysing and developing responses to commercial risks;
  • preparing and analysing costings for tenders;
  • allocating work to subcontractors;
  • providing advice on contractual claims;
  • analysing 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 8-12 years demonstrable experience in Quantity Surveying preferably in the Gulf region
  • Qualified Chartered Quantity Surveyor by a recognised international body, ideally with Royal Institution of Chartered Surveyors (RICS).
  • 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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Savills
Senior Cost Manager