Manager/Senior Executive, Cost & Contract

Wing Tai Properties Limited; Seberang Perai; On-site; MYR 90,000 - 150,000; Full time

Benefits offered by this job

Staggered working hours

Comprehensive medical, dental, health,

Work-life Balance

Job summary

Wing Tai Malaysia Property Management Sdn Bhd is seeking a Manager/Senior Executive, Cost & Contract to lead cost management for major projects in Penang. You will manage tendering, quantify costs, review Bills of Quantities, and ensure budgets align with approvals.

You will coordinate with QS consultants, review variations and final accounts, monitor cash flow, and provide commercial advice to project teams.

Qualifications

• Diploma or bachelor’s degree in QS / construction / contract management or related field.
• Minimum 5 years in Quantity Surveying, Cost/Contract/Commercial Management.
• Leadership capability favored for Senior Manager level.

Responsibilities

• Manage contractor pre-qualification and tender exercises with documentation and evaluation.
• Prepare/review quantity take-offs, cost estimates, cost plans and Bills of Quantities.
• Monitor budgets, costs, variances, forecasts and cash flow to stay within budgets.
• Attend site valuations and verify progress for payment certificates.
• Review and assess variations, claims, and cost implications with QS consultants and contractors.
• Coordinate QS consultants on cost and contract matters and ensure timely resolution.
• Review Final Accounts and identify cost optimisation opportunities.
• Prepare cost reports, forecasts and commercial recommendations for stakeholders.

Skills

Commercial acumen

Analytical ability

Negotiation skills

Problem solving

Stakeholder management

Communication skills

Education

Diploma or Bachelor's Degree in Quantity Surveying, Construction Management, Contract Management or a related discipline

Job description

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Manager/Senior Executive, Cost & Contract

Job Responsibilities

Manage contractor pre-qualification and tender exercises, including preparation and review of tender documentation, evaluation of tender submissions and preparation of recommendations to Management.

Prepare and/or review quantity take-offs, cost estimates, cost plans and Bills of Quantities to support project budgeting and procurement, ensuring accuracy and consistency of cost information.

Monitor project budgets, committed costs, variations, forecasts, cash flow and cost-to-complete to ensure construction costs remain within approved budgets.

4. Payment Certification & Site Valuation

Attend site valuations with QS consultants and contractors to verify work progress and assess payment claims.

Review and recommend contractors' and consultants' payment certificates based on verified work progress and contractual requirements.

5. Variation & Claims Management

Review, verify and evaluate variation orders, claims, extensions of time and other contractual/commercial submissions, including assessment of quantities, rates and cost implications.

Coordinate and monitor QS consultants and contractors on cost and contract matters, including reviewing, verifying and challenging commercial submissions and recommendations where appropriate.

Monitor their performance and deliverables and ensure commercial matters are addressed in a timely manner.

7. Final Accounts

Review and verify Final Accounts to ensure all variations, claims, payments, rates, quantities and contractual adjustments are properly accounted for.

Identify commercial risks, potential cost overruns and opportunities for cost optimisation and value engineering, and recommend appropriate mitigation measures.

9. Stakeholder & Project Coordination

Participate in Client, Consultant and Site Coordination Meetings and coordinate with project stakeholders to resolve cost, contractual and commercial matters.

Prepare and present cost reports, financial updates, forecasts and commercial recommendations, and provide commercial and contractual advice to project teams and Management on procurement, cost control, contractual matters and project financial performance.

Undertake other duties and responsibilities as assigned by Management.

Job Requirements

Diploma or Bachelor's Degree inQuantity Surveying, Construction Management, Contract Management or a related discipline.

Minimum 5 years of relevant experiencein Quantity Surveying, Cost Management, Contract Administration or Commercial Management.

Candidates with8 years or more of relevant experience and proven leadership capabilitywill be considered for the Manager position.

Experience in aproperty developer or property development environmentis highly preferred.

Proven experience inbuilding/property development projects, including exposure to tendering, cost control, contract administration and project completion.

Experience in coordinating or managingQS consultants and contractors.

Strong knowledge ofcost planning, quantity take-offs, cost estimation, tender management, contract administration, variations, claims, payment certification and Final Accounts.

Good understanding ofconstruction contracts, procurement processes and commercial practices.

Strongcommercial, analytical, negotiation and problem-solving skills.

Ability toreview, assess and challengerecommendations submitted by QS consultants and contractors where appropriate.

Strong stakeholder management skills, with the ability to work effectively withconsultants, contractors, project teams and Management.

Good written and verbal communication skills, with the ability toprepare reports and present clear recommendations to Management.

Responsible, proactive, detail-oriented and able to manage multiple priorities and meet deadlines.

Demonstrates a positive working attitude and high level of professionalism.

By submitting your personal data to us, you expressly consent to and authorize Wing Tai Malaysia Property Management Sdn Bhd., and its subsidiaries, related and/or associated companies to assess your job application and determine your suitability for employment with us. We will also use your personal data for administrative and statistical analysis purposes. All such personal data will be kept strictly confidential and handled in accordance with our Employee Privacy Policy, a copy of which is available upon request.

Job Highlights

Staggered working hours

Comprehensive medical, dental, health screening, vision care and insurance benefits

Work-life Balance