Cost Manager

20 - 22 years

0 Lacs

Posted:5 days ago| Platform: Foundit logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Position Overview

Quantity Surveyor

Key Responsibilities

1. Cost Management & Estimation

  • Lead preparation of detailed cost estimates, BOQs, cost plans, and value engineering proposals.
  • Review and validate contractor cost submissions and perform cost variance analyses.
  • Develop project cost-control strategies and ensure adherence to approved budgets.
  • Provide expert advice on cost-saving opportunities and financial forecasts.

2. Contract Administration

  • Manage full lifecycle of contracts, including drafting, reviewing, negotiating, and administering contract documents.
  • Ensure compliance with contract terms, conditions, and statutory requirements.
  • Evaluate and certify interim payment applications, variations, and change orders.
  • Maintain accurate contractual records, correspondence logs, and claim registers.

3. Claims & Dispute Management

  • Lead assessment and preparation of claims, EOT requests, and commercial justifications.
  • Coordinate with legal teams for dispute resolution, arbitration, or negotiations.
  • Provide expert opinion on contractual conflicts and risk issues.

4. Procurement & Tendering

  • Lead tender documentation, bid evaluation, and procurement strategy development.
  • Prepare pre-tender estimates, tender addendums, and commercial clarifications.
  • Conduct contractor negotiations and provide recommendations for contract award.

5. Leadership & Team Management

  • Lead and mentor QS teams, cost engineers, and contract administrators.
  • Oversee quality of deliverables and ensure adherence to company standards.
  • Coordinate with project managers, design leads, clients, and stakeholders.
  • Drive continuous improvement in cost and contract management processes.

6. Reporting & Stakeholder Communication

  • Prepare cost reports, cash flow forecasts, commercial dashboards, and contractual status updates.
  • Present financial and contractual insights to senior management and clients.
  • Ensure transparent and proactive communications on risks and opportunities.

Qualifications & Experience

  • Bachelor's degree in Quantity Surveying, Civil Engineering, or related field (Master's preferred).
  • Minimum

    20 years of experience

    in quantity surveying, cost management, and contract administration.
  • Proven experience leading commercial and contractual functions on large-scale infrastructure or building projects.
  • Strong understanding of FIDIC, NEC, and other international contract forms.
  • Expertise in cost-control tools, estimating software, and contract management systems.
  • Excellent communication, negotiation, analytical, and leadership skills.

Preferred Attributes

  • Chartered status (RICS/AIQS/CEng or equivalent).
  • Experience working with multinational consultants or contractors.
  • Strong problem-solving abilities and commercial acumen.
  • Ability to work under pressure and manage complex project portfolios.

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