Head - Cost & Contracts

2 days ago

Downtown Core, Singapore IOI Properties (Singapore) Pte Ltd Full time $120,000 - $240,000 per year

Responsibilities:

Leadership & Governance

  • Lead the Cost & Contracts department, setting strategies, policies, and systems (e-tendering, document control, benchmarking).
  • Ensure full compliance with Delegation of Authority, governance, and audit requirements.
  • Establish best practices in claims management, variation/change control, and dispute resolution.

Procurement & Tendering

  • Define procurement strategies including packaging, tender models, and contract forms.
  • Oversee the tender lifecycle: prequalification, bid issuance, evaluation, negotiation, award, and onboarding.
  • Drive responsible procurement standards (ESG, safety, sustainability, local content).

Cost Planning & Pre-Contract Controls

  • Manage cost planning from feasibility to contract sum, including cash-flow forecasts, escalation indices, and contingencies.
  • Enforce design-to-budget discipline through value engineering exercises with consultants.
  • Approve tender documentation (BoQs, specifications, drawings, contract conditions).

Post-Contract Administration

  • Administer SIA, REDAS, and bespoke contracts, including payments, EOT/LD assessments, variations, and final accounts.
  • Co-lead change control processes, ensuring timely approval and reporting of variations.
  • Maintain robust audit trails and documentation.

Risk & Reporting

  • Maintain a commercial cost risk register and mitigation strategies.
  • Deliver monthly dashboards on cost status, contingency, claims, and settlements.
  • Conduct stage-gate reviews at key project milestones.

People & Stakeholder Management

  • Build and mentor a high-performing team (QS, Contracts Managers, Document Controllers).
  • Partner with internal teams (Design, Development, Finance, Legal, Operations) to align cost strategies.
  • Manage supplier and contractor performance reviews and long-term vendor relationships.

Requirements:

  • At least a Degree in Quantity Surveying, Building, Construction Management, or related discipline.
  • Minimum 15 years' experience in cost & contracts/commercial management, with at least 5 years in a leadership role for large-scale Singapore developments (developer experience required).
  • RICS, SISV, or equivalent preferred; training in contract/claims management advantageous.
  • Mastery of cost & contracts lifecycle (feasibility, procurement, claims, final accounts).
  • Strong commercial negotiation and procurement strategy skills.
  • Advanced financial acumen and analytics.
  • Effective stakeholder management at senior levels.
  • High integrity, resilience, and ability to lead multi-disciplinary teams.

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