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Cost Control Manager ( CCM)

10.00 to 15.00 Years   Dubai, United Arab Emirates   21 Sep, 2023
IRTH Development
1 Jobs Openings
Job LocationDubai, United Arab Emirates
EducationBachelor's degree / higher diploma
SalaryNot Mentioned
IndustryConstruction & Building / Real Estate
Functional AreaNot Mentioned

Job Description

The 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 stakeholdersResponsibilities

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

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