Associate Director - Cost Management

Main Responsibilities:

• Works within the Cost Management team as a leader, managing cost management professionals within larger teams and delivering successful solutions for clients.
• Support the management direction and leadership of the Cost Management stream and are accountable for key account management and other business development related activity
• Will be a part of the Senior Management team (SMT) for the region.

Key Responsibilities:

Finance

• Ensure the business unit achieves/betters its budget turnover/profit for the financial year by agreed Net Margin
• Support in achieving target profit margin of 10% for the office
• To support in achieving target gross margin of 45% for office
• Support offices in achieving and maintaining average 85% resource utilization
• Achieve and maintain 90% accuracy in forecasting of financial information namely monthly revenue and cost
• Prepare and continually maintain up to date TIC (Target Income Costs) sheets for all commissions indicating forecasted resource utilisation and profitability
• Achieve and maintain average debtor days between 30-60 days for all commissions
• Achieve and maintain 100% ETCi completion of all staff on a weekly basis
• Align with the financial reporting calendar (namely weekly utilization, short term rolling forecast, management accounts, aged debts) at APAC level and subsequently global level.

Service Delivery

• Promote Service Excellence through TIC & ADD models
• Governance. Ensure that contractual risks are acceptable at tender stage and retained contract risks are effectively managed by:
• Compliance with T&T RM processes
• Submission of all T&C s to RM Qualification of tender submissions in accordance with RM guidelines
• Implementing risk mitigation measures for identified & accepted risks.
• reporting risk issues to Divisional risk representative
• Maintain effective communication with Director, staff and fellow Associate Directors
• Ensure commercial contracts for Mumbai business unit s services are administered in line with T & T policy. All agreements and proposed new services to be verified with RM and BUD as required
• Ensure that lessons learned / best practices from commissions are captured within KM system as appropriate

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• Education - B.E/B.Tech/B.Arch
• You should have relevant experience of working preferably for a construction consultancy in India/abroad, hold a graduate degree preferably in Cost Management and possesses good technical skills.
• 15-20 years work experience with demonstrated career growth graph.
• Experience in multiple sub sectors within the property projects will be added advantage.
• Excellent verbal and written English communication skills, with demonstrated negotiation and influencing skills, and the capability to relate and communicate with people from a variety of diverse backgrounds at all levels of the industry.
• Good knowledge of construction industry technical matters, such as different procurement routes, value management and value engineering.
• People management experience, particularly in the context of managing a cost management team delivering a project.

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