
Senior Cost Manager
7 days ago
We are seeking a highly skilled and experienced Senior Cost Manager to join our team. As a key member of our organization, you will play a vital role in driving project profitability through precise cost management.
About the Role:
- Project Costing & Quantity Take-Off: Interpret architectural drawings for accurate quantity take-off, calculate material, labor, and subcontractor requirements based on design drawings and specifications, verify and cross-check quantities from designers and contractors to ensure accuracy.
- Budgeting, Pricing & Quotation: Prepare project budgets, tender documents, and client quotations using standard cost norms or BOQ models, generate comprehensive pricing breakdowns, including labor, materials, equipment, overheads, and profit margins, develop and adjust cost strategies based on competition, client expectations, and internal targets.
- Market Price Research & Cost Analysis: Source and update market pricing for materials, labor, and equipment, analyze material cost-performance ratios to support design and procurement decisions, maintain a dynamic cost database and supplier contact list.
- Project Cost Control & Monitoring: Track actual cost against target cost throughout the project lifecycle, review and validate variation orders, site instructions, and design changes, issue early cost overrun warnings and collaborate with project managers on corrective actions.
- Final Account & Settlement: Prepare and submit final account settlements with supporting documentation (drawings, VO, site records), liaise with clients, auditors, and subcontractors to finalize project accounts, review and approve subcontractor claims to ensure budget alignment.
- Documentation & Reporting: Maintain accurate cost records, quotations, contracts, and pricing references, provide timely and clear cost reports to management, archive cost data for future reference and cost benchmarking.
- Communication & Coordination: Coordinate with designers, project managers, procurement, and finance teams to ensure cost transparency, communicate effectively with clients when required to explain pricing structures and variation costs.
Requirements:
- Diploma in Civil/Structural, Mechanical, Electrical Engineering, Architecture, Building or equivalent, awarded by BCA Academy, Nanyang Polytechnic, Ngee Ann Polytechnic, Republic Polytechnic, Singapore Polytechnic or Temasek Polytechnic.
- 2+ years of experience in interior design, renovation, or construction cost estimation.
- Proficient in cost estimation software (e.g., Glodon/广联达, Excel), CAD viewers, and office tools.
- Strong analytical skills and attention to detail.
- Good negotiation and communication skills.
- Knowledge of Singapore's construction and renovation market is preferred.
- Fluent in both Mandarin and English to effectively communicate with diverse stakeholders.
Negotiation
Budgets
Construction
Quantity Surveying
Cost Management
Architectural Drawings
Transparency
Procurement
Interior Design
Budgeting
Benchmarking
Pricing
Electrical Engineering
CAD
Cost Control
Project Cost
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