Summary
Estithmar Holding is seeking a Lead Quantity Surveyor for its Commercial Management function in Saudi Arabia. The role covers cost estimates, project budgets, cost control, contracts, procurement, financial risk, variations and reporting, with coordination across project teams and stakeholders. Applicants should have a bachelor's degree in engineering or a related field, at least eight years of work experience and five years of relevant experience; two years of GCC experience is a plus. Knowledge of ERP systems, preferably SAP, is required.
The posting
As published on estithmarholding.com. Pulled from the employer's site and shown as they wrote it.
Job Summary
The Lead Quantity Surveyor in Commercial Management is responsible to and manage all aspects of cost estimation, budgeting, and financial control for construction projects. This role ensures project costs are accurately forecasted, controlled, and reported, while maximizing value and minimizing costs. The Lead Quantity Surveyor also coordinates with stakeholders to ensure financial objectives and contractual obligations are met.
Job Responsibilities 1
Prepare detailed cost estimates for construction projects, ensuring accuracy and comprehensiveness.
Develop and manage project budgets, tracking expenditures, and ensuring adherence to financial constraints.
Draft, review, and manage contracts with clients, subcontractors, and suppliers, ensuring compliance with legal and project requirements.
Identify and mitigate financial risks associated with projects through thorough analysis and strategic planning.
Oversee the procurement process, including the selection of contractors and suppliers, and negotiate favorable terms and conditions.
Implement effective cost control measures and monitor project expenses to prevent cost overruns.
Generate regular financial reports for stakeholders, highlighting budget status, variances, and forecasts.
Assess and manage the financial impact of project changes and variations, ensuring proper documentation and approvals.
Collaborate with project managers, engineers, and clients to ensure alignment on financial and contractual matters.
Ensure that all financial practices adhere to industry standards, company policies, and regulatory requirements.
Support the implementation of HSE initiatives, participate in safety awareness activities, and contribute to incident reporting and resolution in alignment with company and IMS policies
Job Knowledge & Skills
Proficiency in cost estimation, budgeting, and financial control techniques for construction projects.
In-depth knowledge of contract law, administration, and negotiation within the construction industry.
Strong analytical abilities to assess financial risks, manage costs, and generate accurate financial reports.
Familiarity with construction management software and tools for cost estimation and financial tracking.
Excellent communication and interpersonal skills to effectively coordinate with stakeholders and ensure project financial objectives are met.
ERP knowledge preferably SAP functional skills are a requirement to be successful in this role.
Job Experience
Minimum 8 year(s) working experience, 5 year(s) relevant working experience, 2 year (s) GCC is a plus.
Competencies
Agility
AI Fluency
Contract Administration L3_323745068
Leadership_321977503
Payments - Subcontracts and Main Contracts L3
Quality_321977507
Resilience
Subcontract Agreement L3
Subcontracting L3
Variations and claims L3
Education
Bachelor's Degree in Engineering or any related field