Website:
marvelproperties.co.in
Job details:
The Senior Quantity Surveyor (SQS) is a key member of the construction project management team, responsible for overseeing and managing the financial aspects of both commercial and residential construction projects. With significant experience in cost estimation, budgeting, and contract management, the Senior QS leads the cost control and commercial aspects of projects, ensuring they are delivered on time and within budget. They work closely with clients, contractors, and internal teams, providing strategic advice and guidance on complex financial matters.
Key Responsibilities
1. Cost Management and Financial Control
- Take ownership of the cost management process for commercial and residential projects from inception to completion.
- Develop detailed cost plans, budgets, and cash flow forecasts for projects.
- Oversee the preparation and review of accurate cost estimates, ensuring alignment with the project's objectives and budget.
- Monitor project costs and expenses, implementing corrective actions where necessary to control financial performance.
- Review and update cost forecasts and cash flow projections regularly, ensuring accurate financial reporting to stakeholders.
- Prepare the contractors, subcontractor, suppliers and all stake holders bills with joint measurement actual and as per drawings.
2. Contract and Tender Management
- Lead the preparation and submission of tender documentation, including Bills of Quantities (BOQs), specifications, and pricing.
- Evaluate tenders, ensuring competitiveness and compliance with contractual requirements.
- Provide contract advice and manage the preparation, negotiation, and administration of contracts, with standard forms.
- Review and assess contract variations, claims, and disputes, providing strategic recommendations to mitigate risks and resolve issues.
3. Project Financial Reporting
- Provide detailed financial reports and updates to clients, stakeholders, and senior management.
- Track and report on project performance, highlighting any potential cost overruns or issues that may arise.
- Conduct regular meetings with project teams to discuss financial matters and ensure all cost control measures are in place.
- Prepare reports for financial audits and ensure compliance with accounting standards and regulations.
4. Risk Management and Mitigation
- Identify and assess financial risks on both commercial and residential construction projects.
- Develop and implement risk mitigation strategies to minimize financial exposure.
- Advise on the financial impact of potential delays, changes, or unforeseen events, and propose corrective actions.
- Ensure that risks and uncertainties are communicated effectively to all relevant stakeholders.
5. Change Management and Variations
- Manage the change control process, including pricing and negotiating variations to the contract.
- Review and approve change orders, ensuring they are justified, documented, and aligned with the project’s scope and budget.
- Provide detailed cost estimates for variations and monitor their impact on the overall project budget.
- Negotiate with clients, contractors, and subcontractors to ensure fair and accurate settlements for variations and claims.
6. Client and Stakeholder Communication
- Act as the primary point of contact for clients, contractors, and stakeholders on all financial matters.
- Provide expert advice and recommendations on cost-effective solutions and strategies.
- Ensure that client expectations are managed and that the project is delivered in accordance with their requirements.
- Present and explain financial reports, budgets, and forecasts to clients and senior management.
7. Site Visits and Project Monitoring
- Conduct site visits to monitor project progress and ensure that construction is adhering to financial and quality standards.
- Work with project managers and site teams to ensure that materials, labour, and resources are being used efficiently.
- Resolve any on-site financial issues that arise, ensuring that the project remains within budget.
Skills and Qualifications
· Education:
- A degree in Civil Engineering, Quantity Surveying, Construction Management, or a related field. RICS-accredited qualifications are highly desirable.
- Chartered status with the Royal Institution of Chartered Surveyors (RICS) is preferred.
Experience:
- Minimum of 8-10 years of experience in Quantity Surveying, with a proven track record in managing both commercial and residential construction projects.
- Extensive experience with cost estimation, budgeting, tendering, and contract management.
- Strong knowledge of construction contracts (JCT, NEC, etc.), procurement strategies, and industry standards.
- Experience in managing project costs for large-scale and complex projects, including residential, commercial, or mixed-use developments.
· Key Skills:
- Expert in cost management, budgeting, and financial forecasting.
- Strong negotiation and contract administration skills.
- Exceptional leadership and team management abilities.
- Excellent communication and interpersonal skills, with the ability to interact with stakeholders at all levels.
- Proficiency in cost management and estimation software’s.
- Strong problem-solving skills and ability to think strategically.
- Knowledge of the latest trends and technologies in the construction industry
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