Key Responsibilities:

The ideal candidate will have a strong background in construction cost management and will be responsible for developing, monitoring, and controlling budgets for construction projects. This role requires a deep understanding of estimation, cost control processes, construction practices, and proficiency in relevant software tools like RIB CANDY.

Estimation:

• Analyzing requirement documents and project plans to gain a thorough understanding of the project.
• Conduct site visits to review project scope of work, develop estimates and proposal costs, identify risks, and recommend mitigation actions.
• Develop detailed and competitive cost estimates for tender submissions, ensuring all materials, labor, and overhead costs are included Developing and maintaining relationships with company vendors and contractors.
• Collaborate with project managers and stakeholders to understand project scope and requirements, aligning estimates with project goals.
• Negotiate with suppliers and subcontractors to secure the best pricing and terms for materials and services.
• Prepare and present comprehensive tender submissions, including cost breakdowns, schedules, and risk assessments to senior management.
• Prepare detailed preliminaries and indirect costs, etc.

RIB CANDY Software knowledge is must.

• Participate in post-tender reviews to assess bid performance and identify areas for improvement in future submissions.
• Participate in client cost estimate and schedule reviews, ensuring alignment with project goals.
• Prepare reports and analysis, including tracking the progress of bids and cultivating relationships with clients.

Cost Control:

• Develop Target Budgets: Establish and manage target budgets for construction projects, ensuring accuracy and alignment with project specifications and goals.
• Monitor Commitments: Oversee and track financial commitments related to preliminaries, labor, materials, and subcontracts, ensuring adherence to budgetary constraints.
• Cost Allocations: Implement effective cost allocation methods to accurately distribute project expenses and monitor cost performance.
• Cost Value Reconciliation (CVR): Utilize sound knowledge of Cost Value Reconciliation (CVR) to analyze and report on project financial performance and variances.
• ERP Systems: Leverage strong understanding and proficiency in ERP systems to manage and track project costs and financial data effectively.