Key Responsibilities:
- Prepare and Analyse Cost Estimates
Develop detailed cost estimates and quantities for construction projects, ensuring all relevant expenses are accurately captured and assessed against project requirements.
- Conduct Feasibility Studies
Carry out thorough feasibility studies and cost-benefit analyses to evaluate potential projects, helping stakeholders make informed decisions based on financial viability.
- Monitor and Report on Project Finances
Regularly track and report on project finances, including budgets, expenditures, and forecasts. Provide timely updates to management and stakeholders to facilitate proactive decision-making.
- Assist in Procurement Processes
Support the procurement team by drafting and reviewing tender documents, selecting appropriate suppliers, and negotiating contract terms that align with project goals and budgets.
- Validate Invoices and Assess Claims
Scrutinise invoices and assess claims for payment from contractors and suppliers, ensuring they align with contractual agreements and project deliverables before authorisation.
- Collaborate with Project Management and Engineering Teams
Work closely with project managers, engineers, and architects to interpret project specifications, drawings, and design changes, ensuring accurate cost reporting and compliance.
- Identify and Mitigate Risks
Continuously assess project costs to identify potential risks and develop mitigation strategies to address any financial uncertainties, aiming to minimise impact on the project timeline and budget.
- Maintain Accurate Records
Keep comprehensive and organised records of all financial transactions, including cost estimates, contracts, invoices, and project documentation, to ensure accountability and transparency.
- Oversee Project Activities
In the absence of the project manager, take the lead on overseeing project activities, ensuring that the team adheres to schedules, quality standards, and project specifications.
- Achieve Company's Targets
Work diligently towards achieving the organisation’s financial targets, aligning project outcomes with broader business objectives and enhancing profitability through effective cost management.
- Provide Advice on Cost Management
Offer expert advice and insights on cost management strategies, helping to refine project execution tactics and improve overall efficiency.
- Facilitate Communication with Stakeholders
Serve as a key point of contact for financial matters related to the project, ensuring clear communication between clients, contractors, suppliers, and internal teams.
- Champion Team Collaboration
Foster a collaborative team environment by encouraging open communication and knowledge sharing among team members and stakeholders, enhancing project outcomes and team cohesiveness.
- Manage Performance Metrics
Establish and monitor key performance indicators (KPIs) for the team’s activities, ensuring that performance aligns with organisational targets and project objectives.
Education and/or Work Experience Requirements:
- Bachelor’s degree in Construction Management, Quantity Surveying, or a related field
- Relevant experience in construction cost management, with a focus on developing and leading project teams.
- Proficient in cost estimation software and familiar with construction contracts, with the ability to guide team members in the effective use of these tools.
- Excellent verbal and written communication skills, demonstrating the ability to effectively convey complex information to internal and external clients and stakeholders.
- Willingness to attend upgrading courses to enhance skills and knowledge, and to share insights with team members to foster a culture of continuous improvement.
- Strong leadership abilities, including the capacity to mentor and support junior staff, encouraging professional development and promoting best practices within the team.
- Ability to motivate and inspire team members to achieve project goals and maintain high standards of quality and efficiency.
- Must be able to work under pressure and meet deadlines while maintaining a positive attitude and providing exemplary client service.
- Possess the ability to work independently and carry out assignments to completion within the parameters of instructions given, prescribed routines, and standard accepted practices.
- Experience in performance management and the ability to set clear objectives for team members, monitor progress, and provide constructive feedback to enhance individual and team performance.
Physical Requirements:
- Must be able to communicate clearly and effectively, both verbally and in writing, to relay information to team members, clients, and stakeholders.
- Ability to travel to multiple job sites as needed, coordinating with various teams and ensuring project oversight throughout different locations.
- Must be fit enough to perform physical tasks associated with construction management, such as walking long distances on-site, climbing ladders, and navigating uneven terrain.
- Must be able to work extended hours when required, including weekends and public holidays, to meet project deadlines and respond to urgent issues as they arise.
- Ability to troubleshoot and address equipment and system faults on-site, ensuring minimal disruption to project timelines and maintaining operational efficiency.
- Capacity to maintain regular, punctual attendance to support consistent project progress and team coordination.
- Must possess the physical stamina and strength to engage in tasks that may involve lifting, carrying materials, or assisting with site-related activities as necessary.
- Commitment to maintaining safety standards on-site, including proper use of personal protective equipment (PPE) and adherence to health and safety regulations.
- Must be able to work effectively under pressure, managing stress while maintaining high levels of productivity and ensuring the team remains focused and motivated.