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Project Financial Specialist
2 months ago
Job Title: Quantity Surveyor
Company: NRL
Job Summary:
The Quantity Surveyor plays a crucial role in construction projects by managing costs, ensuring efficient progress, and maintaining financial control. This position is responsible for assessing client needs, estimating material quantities, negotiating contracts, monitoring subcontractors, and providing legal advice.
Key Responsibilities:
- Cost Planning / Estimating: Develop and implement cost planning strategies to ensure projects are delivered within budget.
- Pre-contract estimating of UFH systems: Conduct thorough estimates of underfloor heating systems to ensure accurate pricing.
- Budget control: Monitor and control project budgets to prevent cost overruns.
- Procurement advice: Provide expert advice on procurement strategies to ensure cost-effective solutions.
- Contract Negotiation: Negotiate contracts with subcontractors and suppliers to ensure favorable terms.
- Tender support: Assist in the tendering process to ensure accurate pricing and project feasibility.
- Post contract cost control: Monitor and control project costs after contract award to ensure compliance with budget.
- Valuations/Applications: Conduct valuations and applications to ensure accurate payment to subcontractors and suppliers.
- Final Accounts: Prepare final accounts to ensure accurate financial closure of projects.
- Researching the cost of items: Conduct research to determine the cost of materials, transport, labor, and equipment.
- Analysing data: Analyze data to identify trends and patterns that can affect costs.
- Monitor costs: Monitor costs at different stages of a project to ensure it stays within estimated costs.
- Create and manage cost value reconciliation processes: Develop and implement cost value reconciliation processes to ensure accurate financial reporting.
- Identifying and mitigating risks: Identify and mitigate risks that can affect project costs.
- Manage retentions: Manage retentions to ensure compliance with contractual requirements.
Key Tasks:
- Manage quantity surveying activities: Manage quantity surveying activities across multiple projects to ensure projects are delivered on time and within budget.
- Prepare accurate cost estimates: Prepare accurate cost estimates, including materials, labor, and overhead costs.
- Monitor project budgets: Monitor project budgets and track expenses to ensure that costs are kept within budgetary constraints.
- Support the tendering process: Support the tendering process to ensure accurate pricing and project feasibility.
- Negotiating contracts and schedules: Negotiate contracts and schedules to ensure favorable terms.
- Prepare regular reports: Prepare regular reports on project progress, including cost updates and variance analysis, and present findings to senior management as needed.
- Develop and implement cost value reconciliation processes: Develop and implement cost value reconciliation processes to ensure accurate financial reporting.
Notes:
This Job Description is a guide to the principle responsibilities of the role and is not intended to be an exhaustive list of duties. You will be expected to perform different duties as necessitated by the Company. It will be reviewed in light of changes to the role and the work of the Company.
