Associate Cost Manage at Savills Middle East

New Cairo City, Cairo, Egypt -

Full Time

Start Date

Immediate

Expiry Date

05 Jul, 26

Salary

0.0

Posted On

06 Apr, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Cost management, Commercial management, Contractual requirements, Variation orders, Cost reporting, Earned value analysis, Tender preparation, Contract administration, Value engineering, Procurement strategy, Claim settlements, Financial forecasting, Bills of quantities, Feasibility studies, Project management, MRICS

Industry

Real Estate

Description

The Associate Cost Manager will lead the cost management team including all necessary assistance and commercial support to the BPC Project Management team ensuring compliance with contractual requirements. To liaise with customer representatives and other third parties on commercial issues including agreement of variations, claims and any additional payments. Will be responsible for the review and preparation of interim payments, project variations and other financial matters. Savills is a globally recognised real estate brand and offers the opportunity for growth and development. We are looking for a motivated and professional individual with an interest in benefiting from the support and experience the brand can offer. Key Responsibilities Lead in the preparation of variation orders Ensure completeness and validity of all contractual requirements Prepare monthly cost report Review and approve payments to Contractors Check and record measurements of completed work Monitor contracts final cost estimates Maintain expenditure records Review, negotiate and prepare claim settlements Prepare Final Account with all supporting documentation Preparing tender and contract documents, including bills of quantities with the architect and/or the client Undertaking cost analysis Assisting in establishing a client's requirements and undertaking feasibility studies Performing value engineering and cost control Advising on procurement strategy Identifying, analysing, and developing responses to commercial risks Preparing and analysing costings for tenders Providing advice on contractual claims Valuing completed work and arranging payments Ensure robust, accurate and timely cost and value reporting at both project and business unit level Ensure accurate cash flow reporting takes place Carry out cost management including forecasting Actively seek to improve processes and procedures Ensure that good client relationships are maintained Ensure effective interaction between the cost management team and the project management team Skills, Knowledge and Experience Bachelor’s degree in Civil/Construction Engineering, or related field with 12+ years demonstrable experience in reputable cost management entities. Experience in preparing bills of quantities and cost estimates in NRM (other formats are a plus) Experience in commercial management Ability to demonstrate a good knowledge of monthly reporting and earned value analysis Must have a sound knowledge of contractual relationships Computer literate and able to maintain records, generate reports and use any project specific engineering and construction relevant software Must be fluent in English both written and spoken with an excellent capability in written technical skills as well as oral and written communication skills Excellent team player whilst also able to work independently on own initiative Excellent time management skills, with ability to work to tight deadlines Proactive and willing to learn Attention to detail MRICS is a must

Responsibilities

The Associate Cost Manager will lead the cost management team to ensure contractual compliance and effective commercial support for project management. Responsibilities include preparing cost reports, managing variations, negotiating claims, and overseeing financial payments to contractors.