Cost Manager

• Location: Abu Dhabi
• Min. Years: 10
• Min. Degree: Bachelor's Degree

Purpose:

The Cost Manager oversees cost planning, budgeting, and financial management to ensure projects stay within budget. Working in a consultancy environment, the role focuses on quantifications, take-off, elemental costing and cost creation , tendering, Project’s procurement, and contractual compliance while supporting clients with expert cost advice.

Job Description:

• Arrange for quantities take-off, and quantification of project elements, at Concept, Schematic and Detailed Design stages
• Awareness of BOQ format and method of measurement; POMI, CESMM, NRM1
• Develop and manage cost plans, budgets, and financial forecasts for building construction projects.
• Awareness of cost index, like BCIS, SPONS, and BOQ format
• Conduct cost analysis, risk assessments, and value engineering to optimize project expenditures.
• Prepare and evaluate tender returns, Tender documents, procurement strategies, and contractor proposals including preparation of the Tender commercial evaluation.
• Oversee contract administration, including reviewing variations
• Awareness and practice of LOA, LOI, conditions of contracts drafting
• Provide cost reporting and financial analysis to support informed decision-making.
• Collaborate with clients, project teams, and stakeholders to align cost management strategies with project objectives.
• Monitor project cash flow, payment certifications, and final account settlements.
• Support cost control procedures and financial governance throughout project execution.

Qualifications :

• Bachelor’s Degree in Quantity Surveying, or Civil Engineering with record of practicing Quantity Surveying from Consultant or Client ‘s side.
• Minimum of 10 years of experience in cost planning and cost reporting within a consultancy or cost consultancy firm.
• Professional accreditation (MRICS, AIQS) preferred.
• Strong expertise in cost estimation, contract administration, and tendering.        
• Proficiency in cost management software (e.g., PlanSwift, CostX,).
• In-depth knowledge of construction contracts, including FIDIC.
• Excellent analytical, negotiation, and communication skills.