Chief Cost Control Manager
17 hours ago
Megabon Construction & Development Corporation is seeking a highly experienced Chief Cost Control Manager to join our team. As a key member of our leadership team, you will play a critical role in ensuring the financial success of our projects.
Key Responsibilities- Team Leadership and Development:
- Lead, mentor, and develop a high-performing team of Quantity Surveyors, ensuring effective delegation of tasks, guidance, and support for professional growth.
- Conduct regular performance evaluations, provide constructive feedback, and identify training needs within the QS team.
- Foster a collaborative and motivated team culture, promoting best practices in quantity surveying and cost management.
- Cost Planning and Estimation:
- Oversee the preparation of detailed cost estimates and budgets for all fit-out projects managed by the QS team.
- Review and validate cost estimates prepared by team members, ensuring accuracy and alignment with project specifications.
- Establish and maintain standardized cost planning and budgeting procedures within the team.
- Project Financial Control and Reporting:
- Monitor overall project financials across all team-managed projects, ensuring accurate tracking of expenses and adherence to budgets.
- Oversee the preparation of financial reports and cost forecasts for management and clients.
- Implement financial audit procedures to maintain consistent cost accuracy and transparency across projects.
- Procurement and Contract Management:
- Oversee procurement activities, ensuring the QS team negotiates favorable contracts with suppliers and subcontractors.
- Review and approve purchase orders, subcontractor agreements, and materials specifications to ensure quality standards and cost efficiency.
- Resolve high-level contractual disputes and support team members in addressing any complex procurement issues.
- Risk Management and Quality Control:
- Implement risk management strategies to minimize potential financial impacts and ensure compliance with industry standards and client expectations.
- Develop quality control processes to prevent cost overruns, maintain material quality, and adhere to fit-out project timelines.
- Stakeholder and Client Liaison:
- Act as the primary point of contact for client cost-related concerns and high-level project updates.
- Support the team in maintaining transparent and regular communication with clients, project managers, and stakeholders.
- Attend client meetings to provide insight on cost-saving opportunities, risk management strategies, and project progress.
- Documentation and Compliance:
- Oversee accurate documentation of all project financials, contracts, and procurement records for auditing and compliance.
- Ensure that the team adheres to company policies, safety regulations, and legal standards across all projects.
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