Savills Middle East

Assistant Cost Manager

Savills Middle East  •  Arab Republic of Egypt (Onsite)  •  3 hours ago
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Job Description

The Role

The Assistant Cost Manager will be providing all necessary assistance and commercial support to the BPC Cost Management team ensuring compliance with contractual requirements. To liaise with customer representatives and other third parties on commercial issues including agreement of variations, claims and any additional payments. Will be responsible for the review and preparation of interim payments, project variations and other financial matters.

Key Responsibilities

  • Lead the preparation and evaluation of variation orders

  • Ensure completeness and compliance of all contractual requirements

  • Prepare monthly financial statements and cost reports

  • Review, verify, and audit contractor payment applications.

  • Verify and record measurements of completed work for payment valuations.

  • Monitor and report project cash flow forecasts

  • Maintain cost records and ensure accurate cash flow reporting takes place throughout the project.

  • Review, negotiate and prepare contractual claim settlements

  • Prepare Final Account with all supporting documentation for project close out.

  • Preparing tender and contract documents, including bills of quantities in coordination with the architect and/or the client

  • Conduct detailed cost analysis

  • Assisting in establishing a client's requirements and undertaking feasibility studies

  • Implement value engineering strategies and cost control measures

  • Advise on procurement strategy

  • Identify, analyse and mitigate commercial and contractual risks.

  • Prepare tender evaluation reports

  • Provide advice on contractual claims

  • Perform cost management activities, including budgeting, forecasting, and cost tracking.

  • Actively seek to improve processes and procedures

  • Ensure that strong client relationships are maintained

  • 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 2-3 years demonstrable experience in Quantity Surveying preferably in the Gulf region

  • Experience in preparing bills of quantities and cost estimates in NRM and POMI format

  • Experience in commercial management

  • 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 deadline

  • Proactive and willing to learn

  • Attention to detail

Savills Middle East

About Savills Middle East

Savills is a global real estate services provider listed on the London Stock Exchange. Savills operates from over 700 owned and associate offices, employing more than 40,000 people in over 70 countries throughout the Americas, the UK, Europe, Asia Pacific, Africa and the Middle East.

We provide real estate solutions for multiple assets including strategic consultancy, market research, property and facilities management, residential and commercial agency, tenant representation, international residential, marketing, capital markets, building and project consultancy.

Formerly known as Cluttons Middle East, we now operate as Savills with our regional offices located in Dubai, Abu Dhabi, Sharjah, Bahrain, Oman, Saudi Arabia and Egypt.

Industry
Real Estate & Property
Company Size
501-1,000 employees
Headquarters
Dubai, AE
Year Founded
1976
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