Description
Responsible for managing all costs and contractual aspects of the projects, from awarded stage to project completion. The role involves
preparing detailed costs, BOQs, and budgets; evaluating and awarding supplier and subcontractor, monitoring project expenditures; and
preparing interim upstream/downstream and final payment applications.Prepare detailed cost, BOQs and budget based on project drawing and specifications.
Ø Analyze drawings, specifications and project scope to identify materials, labor and any potential changes.
Ø Prepare and maintain updated logs such as VO, procurement and NOC)
Ø Prepare and issue RFQs to subcontractors and suppliers.
Ø Evaluate quotations and prepare comparison sheet for technical and commercial, and secure the necessary approval as per
company policy.
Ø Support procurement in negotiating prices and finalizing vendor.
Ø Draft, review and administrate contracts with suppliers and subcontractors.
Ø Project contract administration such as (notice, payment, variation, etc...)
Ø Ensure all contracts are aligned with project scope, terms and conditions.
Ø Track project costs throughout the lifecycle to ensure alignment with the budget.
Ø Identify cost overruns or risks early and propose corrective actions.
Ø Prepare interim payment applications, final accounts and variation claims, and follow up with its approval.
Ø Certify and process payments to subcontractors and suppliers.
Ø Evaluate price variations, change orders and client instructions.
Ø Collaborate with project engineers, project managers and procurement to ensure smooth execution.
Ø Conduct site visits to monitor progress and verify work done for payment claims.
Ø Prepare and present cost reports, project financial summaries and progress updates to management.
Ø Always maintain documentation and records as per company policy for audits and final accounts.
Ø Ensure all work complies with local laws, contractual obligations and company policies.
Ø Identify potential contractual or financial risks and provide recommendations.
Ø Prepare and support the project close out.
Ø Assist in preparing contractual letters where required.
Ø Any other tasks that might be required by the line manager.