Cost Manager
Colliers
Colliers has evolved from the fastest-growing commercial real estate services firm into a global, diversified professional services and investment management company. Over the past decade, we strengthened our core with high-value growth engines, which has increased resilient earnings from 28% to 71%. The strategic additions of our highly differentiated Investment Management business in 2016 and multidisciplinary Engineering segment in 2020 have expanded our capabilities across the built asset lifecycle and further positioned Colliers for long-term value creation.
Job Description
Duties and Responsibilities:
Summary:
o Lead with Procurement Strategy for Design & Build (Pre-Contract)
o Provide Capex Budget or Pre-Tender Estimates
o Conduct/Lead Tender and Tender Events with PM
o Provide Evaluations / Commercial Recommendations
o Recommend/Assist on Contract Awarding
o Valuation of Contract Billings
o Reporting of Financial Summary/Statement of the Project
o Change Request Management
As the Commercial and Cost-Control Manager:
Provide cost/commercial support to the Office Services Team (Tenant Representation and Landlord Representation) on Capex-related scopes or in conjunction with the test fits & concepts provided by the Workplace Architect, HoD and OS Directors, Managers.
Attend project meetings, inspections, pre-meeting and other business-related meetings when needed.
Work with the Project Managers/ Senior Project Manager and HoD on cost-related matters in Business Development and Project Operations.
Ensure the financial scopes are aligned with the Contracts.
Provide Cost Plans, Tender Analysis and Commercial Data related to construction and capex expenditures.
Review Value Engineering Opportunities.
Contracts Management: As the commercial manager, you will ensure the scope and commercial terms of our contracts (to the Client) and contracts (to our sub-contractor/s) are aligned, no scope gaps and documented.
Valuation of Contractor’s Claims (Design-Build)
Ensure the implementation of Change Request process with Sub Contractors and Vendors in our Design and Build Contracts.
Final Accounts
As the Commercial and Cost Control Manager, you are entrusted to deliver:
In General:
Cost Capex Studies related to Business Development (ex. Elemental Cost, Cost Plan Level 1).
Data Gathering of prevailing Unit Rates (Materials and Labor)- Fair Market Rates, Construction Industry Rates.
Cost Plan Level 1 and 2 related to Business Pursuits and Biddings.
Standardized Cost Plan Formats for Business Development and Project Related Document.
Preparation of Financial Contract Documents in relation with the Contract In Use. (Post Nego and Pre-engagement of Contractors).
Financial Reports
On Projects:
Review of Sub-Contractor Scope, Design and BoM or BoQ.
Negotiate the best value cost for projects and sub-contracting.
Cash Flow Projections
Project Financial Statements
Billing Evaluations, Interim Certifications and recoupment of DP and Retentions
Final Account
Closure of Project Financials (Internal with Finance Team).
Qualifications
Qualifications
:
- Bachelor's Degree in Civil Engineering, Quantity Surveying,Construction Management, Architecture, or a related field.
- Minimum of 3-6 years of relevant experience in quantity surveying, cost management, commercial management, cost control, or construction project management.
- Experience in Design & Build , fit-out, commercial, or construction projects.
- Strong knowledge of cost planning, tendering, contract administration, procurement, and change management processes.
- Experience in preparing cost estimates, tender analyses, commercial evaluations, and project financial reports.
- Familiarity with Bills of Quantities (BOQ), Bills of Materials (BOM), contract valuation, and final account preparation.
- Strong negotiation, analytical, and stakeholder management skills.
- Proficient in Microsoft Excel and other cost management or project management tools.
- Ability to work collaboratively with project managers, architects, contractors, consultants, and clients.
- Excellent communication, presentation, and report-writing skills.
Additional Information
What’s on offer:
- Opportunity to work in an enterprising environment where you can accelerate your career growth
- Future opportunities for both domestic and international opportunities
- A global culture, with a strong focus on learning and development
- HMO and Life Insurance Day 1 Processing
- Communication Allowance
Make your next move an expert one and join us as we lead the industry into the future.
Diversity, equity and inclusion are fundamental to our enterprising culture. As a Colliers professional, you’ll work with collaborative teams comprised of people with different abilities, skills, and backgrounds where everyone is encouraged to bring their ideas, talents, capabilities, and experiences to the table.
Colliers provides equal opportunity in all employment practices.
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