Cost Manager
2 months ago
This position is for the Kingdom of Saudi Arabia Office.
Cost Manager/Pre-Contract Lead
Reports to: Director
Summary
The Cost Manager Pre-Contract Lead is responsible for overseeing pre-contract cost management activities for projects in the Kingdom of Saudi Arabia. This role involves estimating project costs, managing risks, coordinating with various departments, and ensuring efficient resource allocation.
Main Responsibilities & Duties
- Strong understanding of civil, building, and infrastructure projects from both technical and business perspectives.
- Proficiency in using tools for estimating and managing project risks.
- Be accountable for the preliminary or definitive estimates for projects and peer reviewing estimates prepared by other offices to ensure its completeness and correctness.
- Calculate estimates using market rates, current project rates, and historical data.
- Establish and maintain a bid cost benchmarking database for each region of KSA.
- Ability to verify and evaluate unit rates and modify standard rates to suit specific project requirements.
- Project Estimate Reporting: Experience in creating detailed project estimate reports, including assumptions, cashflow curves, and other relevant information.
- Understanding of various construction materials and techniques.
- Familiarity with different types of contracts and their suitable applications.
- Proficiency in providing support and assistance to team members and stakeholders.
- Liaise with other departments regarding bid pricing strategies.
- Actively participate in risk and funded liability analysis of all proposals.
- Produce reports, programs of work, and updates.
- Prepare fee proposals.
- Manage department financial status.
- Coordinate with Accounting and HR.
- Assess client requirements and identify workload.
- Identify and address potential changes in scope of work of the contract.
- Ensure employees are working under appropriate job descriptions and classifications.
- Develop and maintain strong teamwork within the department.
- Allocate responsibilities effectively.
- Monitor implementation of work schemes.
- Create enthusiasm for progress among members of the department.
- Foster problem-solving and collaboration.
- Provide appropriate orientation for employees.
- Provide information, technology, and reference materials to perform their jobs.
- Coordinate and manage the time, cost, and resources of individual projects and cross-departmental tasks in collaboration with relevant departmental heads.
- Set priorities and ensure timely and accurate project handling.
- Coordinate with Projects Coordinators for allocating responsibilities/ projects/ resources.
- Develop, mentor, and provide career coaching.
- Emphasize continuing development.
- Brief teams on targets, initiatives, and policy changes.
- Understand and support diversity.
- Organize and manage resources efficiently.
- Establish an effective team.
- Teamwork and Adaptability: Proven ability to work effectively in teams, handle pressure, and meet tight deadlines.
- Ensure employee familiarity with performance evaluation process.
- Conduct probation period evaluation.
- Communicate performance expectations.
- Conduct yearly performance evaluations.
- Approve timesheets, attendance records, and leave requests.
Minimum Required Qualifications
- Pre-Contract Experience is a must.
- Experience in the Middle East, GCC, specifically KSA.
- MS Office Proficiency: Expert user of MS Excel, MS Office, and preferably with experience in Primavera P6. Proficiency in using computer software and applications relevant to the construction industry.
- Good written and spoken English.
- Bachelor’s degree / Diploma /Professional Degree in Engineering, Quantity Surveying Architecture or equivalent.
- Minimum 10 years’ experience.
- Membership in Professional Body of RICS or CIOB or CIArb.
- Flexibility: Willingness to adjust working hours to accommodate project requirements.
- Planning: Ability to effectively plan and organize projects.
- Problem Solving: Ability to identify and resolve issues efficiently.
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