Cost Manager
Join Savills, a worldwide real estate leader with 700 offices and over 40,000 employees. Savills offers unrivalled depth and breadth of experience within the Middle East and across the globe.
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. They 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.
Savills is a globally recognised real estate brand and offers the opportunity for growth and development. We are looking for a motivated and professional individual with an interest in benefiting from the support and experience the brand can offer.
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, analysing and developing responses to commercial risks;
- preparing and analysing costings for tenders;
- allocating work to subcontractors;
- providing advice on contractual claims;
- analysing 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 recognised 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
- Department
- Building & Project Consultancy
- Locations
- Riyadh, KSA
- Employment type
- Full-time
- Job Grade
- Associate
About Savills Middle East
Over 42,000 people work for us in more than 700 offices all over the world. This breadth of global coverage, combined with specialist services and market insight, means we'll always have an expert who is local to you.
Cost Manager
Join Savills, a worldwide real estate leader with 700 offices and over 40,000 employees. Savills offers unrivalled depth and breadth of experience within the Middle East and across the globe.
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