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Cost Management Specialist

2 months ago


London, Greater London, United Kingdom DG Jones and Partners Full time
Cost Manager Pre-Contract Lead

This role is responsible for overseeing pre-contract cost management activities for projects in the Kingdom of Saudi Arabia. The successful candidate will be accountable for estimating project costs, managing risks, and coordinating with various departments to ensure efficient resource allocation.

Key Responsibilities:
  • Estimate project costs using market rates, current project rates, and historical data
  • Manage risks and coordinate with departments to ensure efficient resource allocation
  • Establish and maintain a bid cost benchmarking database for each region of KSA
  • Verify and evaluate unit rates and modify standard rates to suit specific project requirements
  • Project Estimate Reporting: Create detailed project estimate reports, including assumptions, cashflow curves, and other relevant information
  • Understand various construction materials and techniques
  • Actively participate in risk and funded liability analysis of all proposals
  • Manage department financial status
  • Identify and address potential changes in scope of work of the contract
  • Monitor implementation of work schemes
  • 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
  • Brief teams on targets, initiatives, and policy changes
  • Understand and support diversity
  • Ensure employee familiarity with performance evaluation process
  • Conduct probation period evaluation
  • Communicate performance expectations
  • Conduct yearly performance evaluations
Requirements:
  • Pre-Contract Experience is a must
  • MS Office Proficiency: Expert user of MS Excel, MS Office, and preferably with experience in Primavera P6
  • Good written and spoken English
  • Bachelor's degree/Diploma/Professional Degree in Engineering, Quantity Surveying Architecture or equivalent
  • Flexibility: Willingness to adjust working hours to accommodate project requirements
  • Planning: Ability to effectively plan and organize projects