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Cost Estimator Specialist
3 months ago
Role Overview:
The Cost Estimator Specialist will be responsible for:
- Timely preparation and submission of account applications.
- Development and submission of interim valuations for contracts.
- Compilation of monthly Work In Progress reports.
- Preparation of anticipated final costs compared to final forecast recovery.
- Leading all pricing aspects of project works, focusing on commercial pricing and submissions to clients.
- Maintaining close communication with client commercial teams.
- Processing payments for subcontractor accounts as necessary.
- Drafting and issuing subcontract documentation.
- Establishing and updating RFI/COI schedules in collaboration with Contract Managers.
- Reporting on financial gains and losses, including potential future financial challenges.
- Negotiating rates and prices with subcontractors.
- Participating in progress and commercial meetings, representing the company in a commercial role.
- Preparing and updating cash flow and expenditure profiles.
- Managing contract WIP reduction, sales revenue, and profit objectives.
- Collaborating closely with Contract teams to ensure optimal contract delivery while controlling costs, procurement, and supply chain management.
- Working alongside the billing manager to enhance cost reporting and invoicing processes for contracts.
This job description aims to provide the post holder with an understanding of the role and the variety of responsibilities involved. It does not attempt to detail every task. Specific objectives and tasks will be agreed upon with the post holder at regular intervals.
Candidate Profile:
- Proven experience in a Quantity Surveyor role, particularly within civil engineering and infrastructure contracts.
- Strong understanding of the market landscape.
- Excellent communication abilities.
- Experience managing profit and loss accounts while adhering to budgetary targets.
- Demonstrated project management success.
- Ability to initiate, draft, and review documentation.
- Exceptional negotiation capabilities.
- Proficiency in IT applications, such as MS Word and Excel.
- Possession of a full UK Driving Licence.
- Comprehensive knowledge of commercial and contractual matters related to Facilities Management and NEC 4.
