Cost Management Director

2 months ago

Makati City, National Capital Region, Philippines Megabon Construction & Development Corporation Full time

Megabon Construction & Development Corporation is seeking an experienced Cost Management Director to lead our Quantity Surveying team. This strategic role demands a blend of leadership, technical expertise, and business acumen to support project management and ensure cost-effective delivery.

Key Responsibilities:
  • Team Leadership & Development

The successful candidate will be responsible for leading, mentoring, and developing a team of Quantity Surveyors, ensuring effective delegation of tasks, guidance, and support for professional growth. This includes conducting regular performance evaluations, providing constructive feedback, and identifying training needs within the team. The ideal candidate will foster a collaborative and motivated team culture, promoting best practices in quantity surveying and cost management.

  • Cost Planning & Estimation

This role involves overseeing the preparation of detailed cost estimates and budgets for all fit-out projects managed by the team. The successful candidate will review and validate cost estimates prepared by team members, ensuring accuracy and alignment with project specifications. They will also establish and maintain standardized cost planning and budgeting procedures within the team.

  • Project Financial Control & Reporting

The Cost Management Director will monitor overall project financials across all team-managed projects, ensuring accurate tracking of expenses and adherence to budgets. They will oversee the preparation of financial reports and cost forecasts for management and clients. Additionally, they will implement financial audit procedures to maintain consistent cost accuracy and transparency across projects.

  • Procurement & Contract Management

This role involves overseeing procurement activities, ensuring the team negotiates favorable contracts with suppliers and subcontractors. The successful candidate will review and approve purchase orders, subcontractor agreements, and materials specifications to ensure quality standards and cost efficiency. They will also resolve high-level contractual disputes and support team members in addressing any complex procurement issues.

  • Risk Management & Quality Control

The Cost Management Director will implement risk management strategies to minimize potential financial impacts and ensure compliance with industry standards and client expectations. They will develop quality control processes to prevent cost overruns, maintain material quality, and adhere to fit-out project timelines.

  • Stakeholder & Client Liaison

The successful candidate will act as the primary point of contact for client cost-related concerns and high-level project updates. They will support the team in maintaining transparent and regular communication with clients, project managers, and stakeholders. Additionally, they will attend client meetings to provide insight on cost-saving opportunities, risk management strategies, and project progress.

  • Documentation & Compliance

The Cost Management Director will oversee accurate documentation of all project financials, contracts, and procurement records for auditing and compliance purposes. They will ensure that the team adheres to company policies, safety regulations, and legal standards across all projects.

Our ideal candidate has a Bachelor's degree in Quantity Surveying, Construction Management, Civil Engineering, Architecture, or a related field, with at least 5 years of experience in quantity surveying, including 3 years in a managerial role managing a QS team. They should possess strong leadership skills, technical expertise, excellent communication skills, analytical skills, and organizational skills.

The salary for this position is estimated to be around $120,000 - $150,000 per annum, depending on experience and qualifications.

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