Pre-Contract Duties:

• Prepare detailed cost estimates for construction projects, including labor, material, and overhead costs.
• Assist in the preparation of tender documents, contract specifications, and project proposals.
• Review project plans, designs, and specifications to ensure accurate cost estimations and budgeting.
• Conduct value engineering exercises to ensure cost-effective project delivery.
• Evaluate subcontractor bids and ensure that they align with project requirements and specifications.

Cost Control and Management:

• Monitor and control project costs to ensure they remain within the approved budget.
• Track material and labor costs throughout the project lifecycle and provide timely cost reports to management.
• Identify potential cost overruns and develop strategies to mitigate financial risks.
• Implement cost-saving initiatives and ensure project value for money.
• Prepare and manage cash flow forecasts, ensuring the timely release of payments for contractors and suppliers.

Post-Contract Duties:

• Administer contracts and ensure compliance with terms and conditions.
• Measure work performed on-site, including progress billing and verification of quantities.
• Prepare interim and final payment certificates for contractors and subcontractors.
• Review and assess variations and claims, ensuring they are processed in a timely and accurate manner.
• Ensure that all variations and changes in the contract scope are properly documented and approved.
• Conduct regular site visits to assess progress, verify quantities, and resolve any discrepancies.

Reporting and Documentation:

• Prepare detailed monthly reports on project costs, including budget status and forecasting.
• Maintain accurate records of all financial transactions, agreements, and changes related to the project.
• Develop and present reports to senior management, providing recommendations on how to improve cost efficiency.
• Prepare and submit final accounts for projects, including reconciliation of any outstanding payments.

Collaboration and Communication:

• Collaborate with project managers, engineers, architects, and other stakeholders to ensure the project is delivered on time and within budget.
• Provide cost-related advice and support to the project team during the design, procurement, and construction phases.
• Participate in project meetings, providing updates on cost performance, and highlighting any potential risks or issues.

Risk Management:

• Identify and assess financial risks throughout the project lifecycle.
• Develop strategies to minimize financial exposure and ensure project cost objectives are met.
• Monitor changes in laws, regulations, and industry standards that may affect project costs.
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Skills

• Bachelor’s degree in Civil Engineering, Quantity Surveying, Construction Management, or a related field.
• Proficient in the use of cost estimation and project management software (e.g., CostX, Procore, Buildertrend, etc.).
• Strong knowledge of construction contracts, tendering, and procurement processes.
• Familiar with construction industry standards, codes, and regulations.
• Skilled in measurement and valuation techniques (e.g., SMM7, CESMM3).
• Ability to perform detailed cost analysis and provide value engineering solutions.
• Strong problem-solving skills with the ability to anticipate cost risks and provide solutions.
• Excellent verbal and written communication skills, with the ability to explain complex financial and technical information clearly.
• Ability to negotiate effectively with clients, contractors, and suppliers.
• High attention to detail, accuracy, and thoroughness in preparing reports, calculations, and documentation.