Cost Manager

1 week ago

Abu Dhabi, Abu Dhabi, United Arab Emirates Pioneer International Projects Management Full time
  • Location: Abu Dhabi
  • Min. Years: 10
  • Min. Degree: Bachelor's Degree

Purpose

The Cost Manager oversees cost planning, budgeting, and financial management to ensure projects stay within budget. Working in a consultancy environment, the role focuses on quantifications, take-off, elemental costing, cost creation, tendering, project procurement, and contractual compliance while supporting clients with expert cost advice.

Job Description
  • Arrange for quantities take-off and quantification of project elements at Concept, Schematic, and Detailed Design stages.
  • Awareness of BOQ format and method of measurement; POMI, CESMM, NRM1.
  • Develop and manage cost plans, budgets, and financial forecasts for building construction projects.
  • Awareness of cost index, like BCIS, SPONS, and BOQ format.
  • Conduct cost analysis, risk assessments, and value engineering to optimize project expenditures.
  • Prepare and evaluate tender returns, tender documents, procurement strategies, and contractor proposals including preparation of the tender commercial evaluation.
  • Oversee contract administration, including reviewing variations.
  • Awareness and practice of LOA, LOI, conditions of contracts drafting.
  • Provide cost reporting and financial analysis to support informed decision-making.
  • Collaborate with clients, project teams, and stakeholders to align cost management strategies with project objectives.
  • Monitor project cash flow, payment certifications, and final account settlements.
  • Support cost control procedures and financial governance throughout project execution.
Qualifications
  • Bachelor's Degree in Quantity Surveying or Civil Engineering with a record of practicing Quantity Surveying from consultant or client side.
  • Minimum of 10 years of experience in cost planning and cost reporting within a consultancy or cost consultancy firm.
  • Professional accreditation (MRICS, AIQS) preferred.
  • Strong expertise in cost estimation, contract administration, and tendering.
  • Proficiency in cost management software (e.g., PlanSwift, CostX).
  • In-depth knowledge of construction contracts, including FIDIC.
  • Excellent analytical, negotiation, and communication skills.
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