Senior Cost Savings Professional

2 weeks ago

Singapore beBeeCostManagement Full time $80,000 - $120,000

Job Title:

**Cost Management Specialist**

We are seeking a skilled and detail-oriented Cost Management Specialist to join our organization. The ideal candidate will have a strong interest in construction, manufacturing, or related industries, with skills in cost estimation, budgeting, and project management.

Key Responsibilities:

  • Cost Estimation and Budgeting:

    • Prepare accurate cost estimates for projects involving door manufacturing, supply, and installation.
    • Develop and manage project budgets, ensuring cost efficiency and financial control.
    • Analyze project specifications and drawings to determine material, labor, and equipment costs.

  • Tendering and Procurement:

    • Prepare and submit tender documents, including bills of quantities (BOQ) and pricing schedules.
    • Evaluate subcontractor and supplier quotations to ensure competitive pricing and quality.
    • Negotiate contracts with suppliers, subcontractors, and clients.

  • Cost Control and Monitoring:

    • Monitor project costs throughout the lifecycle, identifying and addressing any variances.
    • Track and report on project expenditures, ensuring alignment with the approved budget.
    • Conduct regular site visits to assess progress and verify quantities.

  • Contract Administration:

    • Administer contracts, including variations, claims, and final accounts.
    • Ensure compliance with contractual terms and conditions.
    • Resolve any disputes related to costs, payments, or contractual obligations.

  • Value Engineering:

    • Identify opportunities for cost savings without compromising quality or performance.
    • Recommend alternative materials or methods to optimize project costs.

  • Documentation and Reporting:

    • Maintain accurate and up-to-date records of all financial transactions and project documentation.
    • Prepare regular progress reports for management and clients.

  • Compliance and Standards:

    • Ensure all projects comply with industry standards and regulations.
    • Stay updated on market trends, material costs, and industry best practices.

Required Skills and Qualifications:

  • Education:

    • Diploma in Cost Management, Quantity Surveying, or a related field.

  • Experience:

    • No experience required as a Cost Management Specialist, preferably with some experience in the door industry, construction, or manufacturing sectors.

  • Skills:

    • Strong knowledge of construction materials, methods, and costs.
    • Proficiency in Microsoft Office Suite.
    • Excellent negotiation, communication, and analytical skills.
    • Ability to read and interpret technical drawings and specifications.

  • Attributes:

    • Detail-oriented with strong organizational skills.
    • Ability to work independently and as part of a team.
    • Strong problem-solving skills and a proactive approach to challenges.

Why Join Our Organization?

  • Opportunity to work in a dynamic and growing industry.
  • Competitive salary and benefits package.
  • Career development and training opportunities.
  • Collaborative and supportive work environment.

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