Senior Cost Manager

Job description / Role

Our Multi National Project & Cost Management Consultancy client has a new requirement for a well experienced Senior Cost / Commercial Manager to join their team in Abu Dhabi to lead the Commercial team working on Hospitality, Commercial, Retail and Leisure build, fit out and refurbishment projects in the Emirates. Successful candidates will have a proven background as a Cost or Commercial Manager with a recognised PM or Cost consultancy company background.

This role is available for immediate joining and is a direct hire, permanent opportunity employed with our client.

Key Responsibilities:

- Leading and managing the cost / commercial functions related to the full project life cycle
- Monitoring and reporting on the project account to the Senior Leadership and PMO teams.
- Supporting all stakeholders on commercial matters and managing the respective consultants in providing inputs where required.
- Complying with client processes and procedures and delivering services in line with core values.
- Being fully aware of the project reporting requirements, change control and payment procedures.
- Coordinating with project stakeholders in the successful conclusion of the project accounts.
- Monitoring weekly and monthly cost movements and reporting any anomalies/significant movements to the senior leadership team
- Ensuring variations on all project accounts are being progressively closed out, engage in regular follow ups/check in’s with project teams.
- Leading and participating in commercial meetings where required.
- Providing responses to audit queries and input into third party reviews where required.
- Communicating with all project parties or stakeholders and ensuring suitable records are maintained.
- Working collaboratively and always in an inclusive manner
- Actively participate in the tender/bid process--from initial tender/bid documentation through analysis and reporting
- Manage the change management process - identifying, analyzing, approving, and implementing changes that affect the project cost
- Analyse tenders/bids to ensure client value for money
- Assist in the preparation and agreement of final accounts, including the handling of any claims to ensure the client gets best value from works undertaken
- Create estimates and cost plans for key client developments
- Oversee project spend by creating valuations and cost reports, and clearly communicate variations to your team
- Support nimble project management and clear decisions through excellent cost documentation and timely communication
- Support the settlement of construction disputes/loss and expense claims with transparency
- Foster top performance and growth for your employees via excellent mentorship and leadership

Senior Cost Manager Experience:

- Minimum of 10 years extensive experience in cost management within the construction or real estate development industry.
- Bachelor’s degree in Quantity Surveying, Construction Management, Engineering, or a related field.
- Professional membership (RICS) is a plus but not required
- Proven track record of successfully managing costs on large and complex projects.
- Strong knowledge of construction cost management principles, practices, and techniques.
- Proficiency in cost estimating software, financial modeling, etc.
- Excellent analytical, problem-solving, and decision-making skills.
- Strong communication, negotiation, and presentation skills.
- Ability to work effectively under pressure and manage multiple priorities.
- Strong ethical standards and commitment to professional excellence.

Salary:
AED 40,000 to 50,000 per month inclusive of fixed allowances.

About the Company

J10 Consulting are Construction Recruitment experts in the Middle East.

We help businesses and careers grow by delivering Temporary Contract & Permanent Contingency hiring solutions within Construction & Engineering in the UAE, Saudi Arabia, Qatar, Oman, Bahrain & Kuwait

J10 Consulting provide collaborative engagement and a deep understanding of both client and candidate requirements to cover temporary and permanent requirements across a number of vertical markets within Construction & Engineering.