Strategic Cost Management Professional

1 week ago

Singapore beBeeSeniorCostManager Full time $80,000 - $120,000
Job Title: Senior Cost Manager

We are seeking a highly skilled and experienced professional to join our team as a Senior Cost Manager.

The ideal candidate will have excellent analytical skills, with the ability to analyze complex data and make informed decisions. They will also possess strong communication skills, both written and verbal, for effective collaboration with cross-functional teams.

  • Key Responsibilities:
    • Review project specifications and contract conditions, developing tailored procurement and contract strategies during the tender/pre-contract phase of major projects.
    • Verify cost competitiveness and highlight contractual or specification risks to senior management, offering appropriate recommendations.
    • Assess projected profit margins to confirm they are aligned with the project's risk profile.
    • Conduct audits on projects as requested by senior management, evaluating the accuracy of reports, financial and legal/contractual risks, and the performance of the QS and contract administration teams.
    • Audit key contract administration functions such as SOP compliance, procurement schedules, document registers, and subcontractor management.
    • Provide support on project commercial and legal matters, including Extension of Time (EOT) requests and cost claims.
    • Collaborate with Financial Planning & Performance, Corporate Planning, Legal, and Governance teams as required.
    • Coordinate and attend tender submission review meetings with group companies, ensuring that risk management is effectively conducted, offering advice to improve risk controls, and documenting meeting minutes.
    • Attend project cost control meetings with group companies to evaluate cost management practices and provide guidance for improvement.
    • Participate in cost feedback sessions to support analysis of profit or loss causes and assist in developing preventive measures and cost control improvements for future projects.
    • Organize and coordinate meetings related to project profit and loss (P&L) reviews, including feedback and analysis sessions.
    • Monitor and assess cost control operations and P&L management across group companies, recommending improvements where necessary.
    • Support root cause analysis of profit fluctuations and help formulate and disseminate preventive or profit-enhancing measures across group entities.
    • Become proficient in the new cost control system and assist in training relevant staff across group companies.
    • Facilitate communication between group companies and headquarters regarding updates on current tenders and ongoing project statuses.
  • Required Skills and Qualifications:
    • Excellent analytical skills, with the ability to analyze complex data and make informed decisions.
    • Strong communication skills, both written and verbal, for effective collaboration with cross-functional teams.
    • Ability to work well under pressure and manage multiple priorities simultaneously.
    • Proficiency in cost control systems and software is highly desirable.
  • Benefits:
    • Competitive salary package and benefits.
    • Ongoing training and development opportunities.
    • Opportunity to work on challenging and high-profile projects.
    • Collaborative and dynamic working environment.
  • How to Apply:

If you are a motivated and experienced professional looking for a new challenge, please submit your application, including your resume and a cover letter outlining your experience and qualifications.

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