Cost Manager

• 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.