Cost Planning Specialist
1 day ago
We are looking for a highly experienced Cost Manager to join our team at Serin. The successful candidate will be responsible for overseeing all aspects of cost management, ensuring financial efficiency and cost control throughout the project lifecycle.
Key Responsibilities:- Develop and Maintain Cost Plans: Create and update accurate cost plans and estimates, ensuring alignment with project budgets.
- Manage Procurement Strategies: Oversee procurement processes, assess contractor bids, and ensure value for money.
- Monitor Project Budgets: Track expenditure, identify cost-saving opportunities, and provide financial insights to stakeholders.
- Administer Contract Terms: Advise on and manage contract terms, mitigating financial risks and ensuring compliance.
- Assess and Manage Change: Evaluate cost implications of design changes and variations, providing robust reporting to stakeholders.
- Conduct Financial Risk Assessments: Identify and mitigate financial risks, enhancing project efficiency and delivering value.
- Collaborate with Stakeholders: Work closely with project managers, clients, consultants, and contractors to align financial objectives with project goals.
- Prepare Financial Reports: Develop cost reports, financial forecasts, and cash flow projections for internal and external stakeholders.
- Bachelor's degree in Quantity Surveying or a related field.
- Chartered status (MRICS preferred) or working towards accreditation.
- Minimum of 5-8 years of experience in cost management, preferably in fit-out and high-end construction projects.
- Strong knowledge of FIDIC contracts, procurement strategies, and cost reporting.
- Proficiency in Microsoft Excel and ideally cost management software such as CostX, or similar.
- Excellent analytical, negotiation, and communication skills.
- Ability to manage multiple projects and meet tight deadlines.
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