The Role:
The successful candidate will play a key role in managing and optimising project costs, ensuring robust financial control, and delivering accurate and timely quantity surveying services. This position requires a comprehensive understanding of construction projects, particularly within the engineering industry, to effectively support project delivery and cost management.
Key Responsibilities:
- Develop and manage project cost estimates, ensuring accuracy and alignment with project specifications and requirements.
- Collaborate with various teams, including tendering, project management, and procurement, to establish and manage project budgets and financial strategies.
- Review and assess contract documentation to identify risks and opportunities, recommending strategies for mitigation and optimisation.
- Administer contracts to ensure compliance with all terms and conditions throughout the project lifecycle.
- Engage with clients, subcontractors, and stakeholders to address project issues and ensure smooth execution.
- Monitor and manage project costs, schedules, and performance, identifying and mitigating potential risks.
- Maintain compliance with industry standards, regulations, and company policies throughout the project.
Duties in Particular
Tendering - Pre-Project Award:
- Provide preliminary and detailed cost estimates for upcoming projects, ensuring comprehensive coverage of all project aspects.
- Prepare material take-offs and Bills of Quantities (BOQs), ensuring accuracy and completeness.
- Develop and submit Requests for Quotations (RFQs) to potential fabricators, ensuring clarity and completeness of the requirements.
- Prepare commercial tender documents, ensuring that all necessary details and specifications are clearly outlined.
- Engage with fabricators to clarify any queries regarding tenders, addressing any issues promptly.
- Collaborate with tender managers to ensure alignment with project requirements, ensuring that all necessary aspects are covered in the tenders.
- Create and maintain fabrication scope bid tabs to support the tendering process and facilitate decision-making.
Project Delivery - Post Contract Award:
- Finalise BOQs, Schedules of Rates, Activity Schedules, and other necessary documents to ensure smooth project execution.
- Review tenders for compliance with technical, financial, and timeline requirements, highlighting any discrepancies or concerns.
- Summarise tender evaluations and recommend contractors based on cost, capability, and alignment with project objectives.
- Address any outstanding issues with contractors to ensure full alignment with project goals and contractual terms.
- Identify and mitigate risks in contractor tenders, ensuring that cost and schedule remain within acceptable parameters.
- Ensure effective communication between contractors, project managers, and stakeholders, fostering collaboration and transparency.
- Monitor contractor performance throughout the project, providing regular updates to ensure adherence to the project plan and contract terms.
Financial Management - Project Execution:
- Ensure effective cost control by working closely with the Project Manager to track project budgets and expenditures, ensuring that costs remain within budget.
- Negotiate contractual submissions, resolve minor issues, and address claims with clients and subcontractors to ensure that the project progresses smoothly.
- Take responsibility for approving contractual payments and managing the settlement of the final account, ensuring that all financial aspects are resolved in accordance with contractual terms.
- Provide regular cost reports and forecasts to Project Managers, offering insights on potential variances and helping to manage project financials effectively.
- Assist in the ongoing updates of the Standard Measurement Method (SMM), ensuring that all practices align with industry standards and company policies.
- Monitor and track the progress of fabrication subcontracts using measurement monitoring procedures, ensuring that work is completed on time and within budget.
- Undertake any other duties as required to support company objectives and improve project financial management.