About the job
Key Responsibilities:
- Oversee and manage the project costs across all facets, including labor, materials, and subcontractors.
- Assess contract variations and offer strategic recommendations for resolution.
- Prepare precise cost estimates based on project specifications, drawings, and other pertinent details.
- Collaborate effectively with project managers and stakeholders to set project budgets and ensure compliance with financial objectives.
- Handle all post-contract quantity surveying duties such as interim and final payments, variations, commercial correspondence, cash flows, and support for claims.
Daily Duties:
- Calculate initial project costs and track progress to guarantee high standards and budget adherence.
- Generate accurate cost estimates during project execution, continually monitoring and controlling costs throughout the project lifecycle.
- Work closely with project managers and stakeholders to establish budgets and ensure financial compliance. Assist in the review and negotiation of claim settlements.
- Record and measure completed work, prepare variations and day-works, and monitor contract final cost estimates.
- Administer contracts ensuring adherence to terms and conditions.
- Review contract documents, identifying risks and proposing mitigation strategies.
- Implement effective cost control measures and report on any cost overruns or savings.
- Collaborate with cross-functional teams, including project managers, engineers, and procurement, to ensure seamless project delivery.
- Engage with clients and subcontractors to address inquiries and resolve cost-related issues.
- Prepare and present regular financial reports regarding project costs, budget status, and forecasts.
- Provide insights and recommendations to senior management for informed decision-making.
- Proactively manage risks associated with cost and contract management.
- Ensure compliance with industry standards, regulations, and company policies.
- Stay updated on industry trends and best practices in quantity surveying.