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Savills
Senior Cost Manager
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
Savills
Senior Cost Manager