Asst. Cost Lead

Assistant Cost Lead

Assistant Cost Lead

What this job involves:

• Cost Management & Planning:

  Set up clear project cost plans and allocate sufficient budget to achieve optimal results and meet the company's target profits. Attend project meetings as required, develop monthly reports, and carry out contract administration. Oversee negotiations, analyses, and promotions of quality control systems.

• Client Requirements & Team Support:

  Fully understand, collect, and deliver client requirements. Support the Cost Control (CC) team in scheduling/planning establishment, value engineering, and design change management. Assist the contract manager in all related procurement and Variation Order (VO) management.

• Technical & Commercial Oversight:

  Support the construction manager in all related installation, site inspection, and contractor management. Prepare Bill of Quantities (BOQs), conduct Quantity Surveying & Quantity Take-Off, and perform Cost Analysis for each line item in the BOQ as required per project. Conduct benchmarking, review & standardize specifications, and apply sound technical knowledge on Civil / MEP aspects as applicable. Manage procurement from a cost management perspective, finalize commercials with vendors, and establish rate contracts as applicable.

• Cost Control Systems:

  Implement, administer, and maintain cost control systems and procedures to track budgets, commitments, expenditures, and forecasts. Assist in the preparation and review of cost estimates and schedules for projects of medium complexity and value.

• Financial Analysis & Reporting:

  Provide cost information to support decision-making and alternative selection. Evaluate contractor invoices prior to submission into client Finance systems for pre-approval. Utilize information from SAP (or similar) and input data into cost reports, validating spending. Evaluate and analyze bids, providing recommendations for decision-making. Provide forecasts and cash flow analysis. Maintain and manage the cost report, providing regular updates on the financial position. Assist in the development, validation, and maintenance of the project schedule. Assist in developing reporting and tracking tools, generating cost reports on a regular basis, including evaluation of earned value. Support the coordination of the Change Management process for the project.

• Data Management:

  Build intricate spreadsheets to enable fast and accurate data manipulation of large data sets. Extract data from several sources, transforming it to fit operational needs. Reconcile data to support complete accuracy and create a clean audit trail.

Pre-Contract Responsibilities:

• Develop cost plans and estimates through the design phase, delivering updated cost plans at appropriate design milestones.
• Provide commercial input to design pioneering and contribute to value engineering exercises.
• Review contractor and subcontractor pricing and lead negotiations on behalf of the client to drive fair contract prices.

Post-Contract Responsibilities:

• Perform quantity surveying, cost controls, and change management activities throughout the project lifecycle.
• Ensure that post-contract cost variances and change control processes are managed effectively.
• Ensure that cost auditing and valuation work is managed effectively, with a robust process for cost validation in place.
• Carry out the production of monthly cost reports for presentation to the client.
• Ensure that final accounts are negotiated and agreed upon in a timely manner.
• Compile as-built cost estimate records for benchmarking purposes.

To apply, you need to be:

• A Seasoned Expert:

  Exhibit high-level management skills and hold a degree in a relevant property-related discipline. You should be established as a professional within design, construction, and cost management, with a proven track record in profit planning, business development, networking, and marketing.

• An Effective Communicator:

  Possess a strong grasp of written and spoken English. You will be in charge of creating an environment where all team members are encouraged to contribute, managing company staff to achieve enthusiastic and effective contributions to the project. Furthermore, you'll actively search for improvement opportunities and empower the team to implement them.