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Cost Control Manager

8.00 to 12.00 Years   Dubai, United Arab Emirates   01 Feb, 2024
Confidential Company
1 Jobs Openings
Job LocationDubai, United Arab Emirates
EducationBachelor's degree / higher diploma
Salary$6,000 - $7,000
IndustryConstruction & Building
Functional AreaNot Mentioned

Job Description

The Role ÿThe CCM will be expected to perform all typical day-to-day tasks in relation to providing cost management services from planning to monitoring & controlling and till closing of construction projects, ranging from measurement, estimating based on Dubai construction materials? rates, payment valuations, procurement, variation assessment, claims assessment etc. The SCM will also be expected to have a high level of communication skills with all the stakeholders.ÿKey Responsibilitiesÿ

  • Establish the process and procedures of cost management
  • ÿReview, assess, and control variation orders
  • ÿAdvise on contractual matters related to financial issues
  • Prepare financial statements for monthly report
  • ÿVerify payment certificates and invoices
  • ÿMonitor contracts? financial records and forecast periodically estimate at completion
  • Maintain expenditure records.
  • ÿVerify, negotiate and advise on claim settlements
  • ÿVerify Final Account with all supporting documentation
  • ÿPrepare and review tender and contract documents, including bills of quantities
  • ÿAssisting in establishing a clients requirements and undertaking feasibility studies
  • ÿPerforming risk, value management and cost control
  • ÿAdvising on procurement strategy
  • ÿIdentifying, analysing and developing responses to commercial risks
  • ÿPreparing and analysing costings for tenders
  • ÿManaging procurement process for provisional sum items
  • Providing advice on contractual claims
  • ÿAnalysing outcomes and writing detailed progress and cost reports
  • ÿValuing completed work versus planned
  • Maintaining awareness of the different building contracts in current use
  • ÿEnsure robust, accurate and timely cost and value reporting at both project and business unit level Ensure accurate cash flow reporting and forecasting takes place
  • ÿActively seek to improve processes and procedures
  • ÿEnsure effective interaction between the cost management and the construction management teams.
  • Participate in value engineering processÿ

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