Savills Middle East

Cost Manager

Savills Middle East  •  Riyadh, SA (Onsite)  •  3 months ago
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Job Description

The Role

The 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. The CM 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.

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, analyzing and developing responses to commercial risks.

· Preparing and analyzing costings for tenders.

· Allocating work to subcontractors.

· Providing advice on contractual claims.

· Analyzing 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 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

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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