Senior Cost Manager (Post-contract) - RAK at Turner & Townsend Ltd

Ras Al Khaimah, Ras al-Khaimah, United Arab Emirates -

Full Time

Start Date

Immediate

Expiry Date

04 Oct, 26

Salary

0.0

Posted On

06 Jul, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Post-contract Management, Cost Analysis, Budget Forecasting, FIDIC Contracts, Change Management, Variation Valuations, Extension Of Time Claims, Financial Reconciliation, Final Accounts Negotiation, Microsoft Excel, Cost Management Software, ERP Systems, Contract Administration, Risk Mitigation, Mentoring, Financial Reporting

Industry

Construction

Description

Company Description Turner & Townsend is a global professional services company with over 22,000 people in more than 60 countries. Working with our clients across real estate, infrastructure, energy and natural resources, we transform together delivering outcomes that improve people’s lives. Working in partnership makes it possible to deliver the world’s most impactful projects and programmes as we turn challenge into opportunity and complexity into success. Our capabilities include programme, project, cost, asset and commercial management, controls and performance, procurement and supply chain, net zero and digital solutions. We are majority-owned by CBRE Group, Inc., the world’s largest commercial real estate services and investment firm, with our partners holding a significant minority interest. Turner & Townsend and CBRE work together to provide clients with the premier programme, project and cost management offering in markets around the world. Please visit our website: www.turnerandtownsend.com Job Description We are seeking a detail-oriented and analytical Senior Cost Manager - Post Contract to join our organisation in Ras Al-Khaimah, United Arab Emirates. You will manage post-contract services with confidence, handling interim applications, change management, variation valuations, and extension of time claims whilst administering contract procedures in accordance with standard form contracts, particularly FIDIC. Take personal responsibility for conducting cost checks and carrying out valuations on larger projects, ensuring timely and accurate cost checking and valuation takes place across all project stages Administer post-contract services and manage interim applications, monitor post-contract costs, and analyse actual expenditures, commitments, and forecasted costs to ensure alignment with approved budgets Deal effectively with post-contract cost variances and manage change control processes, including the valuation of variations and assessment of extension of time claims, with detailed financial analysis and contractual justification Develop and maintain cost forecasting models to predict final project costs and identify potential cost overruns or savings opportunities Review and validate contractor invoices, change orders, and claims for accuracy and contractual compliance before approval, and produce post-contract and ad-hoc reports demonstrating clear communication of complex financial information Conduct financial reconciliation between contract terms, invoices, and accounting records to ensure accuracy and compliance with standard form contracts, particularly FIDIC procedures Negotiate with contractors and agree final accounts, ensuring all contractual obligations are satisfied and disputes are resolved professionally Lead and mentor junior cost analysts, providing guidance on cost management methodologies, contract administration, and best practices Qualifications Degree in Quantity Surveying, Construction Management, Civil Engineering, or a related field Minimum 8+ years of professional experience in cost management, post-contract administration, or similar financial management roles within construction, engineering, or project-based environments Prior UAE construction industry experience is essential Professional accreditation such as MRICS, AIQS, or equivalent is highly preferred Proven expertise in cost analysis, budget forecasting, cost control methodologies, and financial interpretation Advanced proficiency in Microsoft Excel, including pivot tables, VLOOKUP, and data visualisation Experience with cost management software, ERP systems, and project management tools Demonstrated knowledge of contract administration and compliance requirements, particularly FIDIC standard form contracts Excellent organisational and time management skills with the ability to manage multiple projects simultaneously Strong written and verbal communication skills with the ability to present complex financial information clearly to diverse audiences Proficiency in preparing detailed cost reports, variance analyses, and financial forecasts Experience in risk identification and mitigation within a project delivery environment Additional Information Join our social media conversations for more information about Turner & Townsend and our exciting future projects: Twitter Instagram LinkedIn It is strictly against Turner & Townsend policy for candidates to pay any fee in relation to our recruitment process. No recruitment agency working with Turner & Townsend will ask candidates to pay a fee at any time. Any unsolicited resumes/CVs submitted through our website or to Turner & Townsend personal e-mail accounts, are considered property of Turner & Townsend and are not subject to payment of agency fees. In order to be an authorised Recruitment Agency/Search Firm for Turner & Townsend, there must be a formal written agreement in place and the agency must be invited, by the Recruitment Team, to submit candidates for review. Department: Real estate

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Responsibilities

Manage post-contract services including interim applications, change management, and variation valuations in accordance with FIDIC standards. Develop cost forecasting models and negotiate final accounts with contractors to ensure budget alignment and contractual compliance.