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Lead Cost Consultant

2 months ago

Telford, Telford and Wrekin, United Kingdom CQS Solutions Ltd Full time
Position Overview

Lead Cost Consultant

Location: Shropshire

Salary: Competitive, based on experience + Company Vehicle / Allowance

Contract Type: Full-time, permanent

Benefits: 30 Days Annual Leave, Health Insurance, Pension Plan, Flexible Working Hours, Remote Work Options, and opportunities for professional development and continuing education.

At CQS Solutions Ltd, we are committed to embracing innovative construction methodologies and technologies, including Building Information Modeling (BIM) and Modern Construction Techniques.

Our firm offers expert guidance and services to contractors and subcontractors within the construction sector, aiming to enhance cost predictability, profitability, and operational efficiency while minimizing risks for stakeholders.

Role Responsibilities

As a Lead Cost Consultant, you will oversee comprehensive cost management and reporting, fostering strong relationships with a diverse array of project suppliers.

Your experience should encompass managing projects from initial procurement through to final account settlement. You will be responsible for your own professional growth and will actively share insights and best practices with your colleagues.

A commitment to understanding and advocating for the company's mission, vision, values, and culture is essential.

Key Duties Include:

  • Preparation, evaluation, and submission of claims from subcontractors for compensation events and variations.
  • Reviewing weekly site documentation, including allocation sheets and site diaries, providing constructive feedback as necessary.
  • Negotiating final accounts to achieve optimal outcomes.
  • Managing commercial interactions with clients, including compensation events, variations, extensions of time, and completion requests.
  • Collaborating with contract delivery teams to ensure adherence to budgetary constraints.
  • Overseeing the commercial management of subcontract accounts from procurement through to interim and final account agreements.
  • Ensuring a positive month-on-month cash position and that projected project margins are met or exceeded.
  • Administering subcontracts, including payments and claims, and submitting progress claims to clients.
  • Reporting monthly cost value reconciliations to the Commercial Director.
  • Engaging in negotiations with suppliers and subcontractors.
  • Participating in site progress meetings.
  • Producing necessary management information and ensuring the accuracy of data (provisions, cash flows, applications, etc.).
  • Managing risk registers to identify project risks, opportunities, and value engineering possibilities.
  • Attending project handover meetings.
  • Working within a team of eight surveyors on projects typically valued between £?m and £?, primarily focusing on residential developments of 150 units or more, preparing cost plans and conducting interim valuations.
  • Primarily engaged in new build residential projects while also serving as a quantity surveyor in other sectors.
  • Ensuring that the contract delivery team is well-informed and has adequate commercial support to monitor and respond to budget variances.
  • Maximizing value and minimizing costs, ensuring effective controls are in place to manage operational expenses.
  • Ensuring timely cash flow, including prompt receipt of payments.
  • Preparing monthly financial performance reports.
  • Advising contract delivery teams on project performance management.
  • Assessing main contract terms and ensuring they are appropriately reflected in engagements with the supply chain.
  • Communicating information and ideas proactively and confidentially in a manner that is positively received, both verbally and in writing.
  • Reviewing weekly cost-to-complete and budget assessments with contract delivery teams.
  • Ensuring draft cost-to-complete reports are prepared through collaboration with project managers.
  • Maintaining deadlines in accordance with the monthly commercial calendar.
  • Attending internal and external commercial review meetings.
  • Providing commercial challenge to contract delivery teams consistently.
  • Assisting in the development of contract programs and strategies.
  • Uploading documentation as required in line with business needs.
  • Demonstrating meticulous attention to detail and producing precise work.
  • Representing and serving the company's best interests to meet client expectations and foster repeat business.
  • Accurately preparing cost/value reconciliation reports in accordance with company procedures.
  • Preparing and agreeing interim valuations at designated intervals to secure the best commercial advantage for the company.
  • Collaborating with senior management to finalize accounts with client representatives.
  • Negotiating final accounts with subcontractors to maximize project margins.
  • Ensuring subcontract orders are prepared in accordance with company procedures and procurement schedules, obtaining necessary approvals.

Candidate Requirements

Skills & Experience:

  • Demonstrated passion for quantity surveying and a solid understanding of construction processes.
  • Strong numerical skills, proficiency in financial reporting, and cost control.
  • Proficient in MS Excel and Word, with the ability to learn specialized software.
  • Excellent interpersonal skills and the ability to work collaboratively within a team, with a methodical approach and attention to detail.
  • A proven track record of independently preparing cost plans.
  • Experience in a dynamic, national, multi-site business environment.
  • Self-motivated with the ability to prioritize a diverse workload and manage time effectively to meet deadlines.

Qualifications:

  • BSc (Hons) in Quantity Surveying or an equivalent qualification.
  • Minimum of 5 years of cross-sector experience in a quantity surveying or project quantity surveying environment.
  • Chartered Quantity Surveyor status or actively working towards it.
  • A full UK driving license is essential, as travel and site visits will be required.
  • CSCS (Construction Skills Certification Scheme) card.

Flexibility to work in various areas of the business where your skills are applicable and a willingness to undergo training or assist in training others as required by the company is expected.

This job description serves as a general guide, and the company reserves the right to update and amend it in accordance with operational requirements, which may evolve over time.