Cost and Estimation Engineer

Position: Cost & Budgeting (Quantity Surveyor)

Job Responsibilities:

• Cost Estimation & Budgeting:

• Prepare detailed project cost estimates, BOQs, and budgets for Mivan formwork based high-rise residential buildings.
• Analyze architectural and structural drawings to calculate quantities accurately.
• Update budgets based on design changes, variation orders, or site conditions.

• Cost Control & Monitoring:

• Track project costs against budgets and identify deviations.
• Conduct variance analysis and recommend corrective actions to management.
• Prepare cash flow forecasts and monitor cost-to-complete for ongoing projects.

• Procurement & Contract Support:

• Assist in preparation of tender documents, bid evaluations, and vendor/subcontractor agreements.
• Verify subcontractor bills, claims, and change orders for accuracy.
• Negotiate rates with vendors/subcontractors for cost optimization.

• Mivan Formwork Specifics:

• Evaluate

  formwork cycles, material utilization, and labor productivity

  for Mivan shuttering.
• Monitor material wastage and suggest improvements in productivity or cost savings.

• Reporting & Documentation:

• Generate periodic MIS reports on cost performance, budget utilization, and financial forecasts.
• Maintain proper documentation of estimates, contracts, and cost records for audits and client requirements.
• Present cost reports and recommendations to project management.

• Coordination & Compliance:

• Coordinate with project managers, planning engineers, and site teams for effective cost control.
• Support value engineering initiatives to optimize costs without compromising quality.
• Ensure compliance with company financial policies and statutory requirements.

Skills & Qualifications:

• Bachelors degree in civil engineering (mandatory). Diploma or Postgraduate qualification in Quantity Surveying / Construction Management is preferred.
• 3–4 years of experience in costing, and budgeting for high-rise residential or similar projects, preferably Mivan projects.
• Strong knowledge of and high-rise construction methods.
• Expertise in cost estimation, budgeting, BOQs, and cost control.
• Excellent analytical and numerical skills for accurate cost calculation and forecasting.
• Understanding of contracts, procurement processes, and billing procedures.
• Ability to interpret architectural, structural, and MEP drawings.
• Good communication, negotiation, and problem-solving skills.
• Professional certification (RICS Mivan formwork systems, ICE, or similar) is an added advantage.