Cost Manager (Buildings)
Stantec View all jobs
- Abu Dhabi
- Permanent
- Full-time
- Serve as the primary cost advisor to the Client.
- Establish cost management systems aligned with professional standards and PMI frameworks.
- Advise on procurement routes, contract packaging, and risk allocation suitable for UAE public-sector projects.
- Support business case approvals and executive committees.
- Develop, mange, and control the master project cost plan and budget across all project stages.
- Validate design development against approved budgets and client cost limits.
- Establish contingencies, escalation allowances, cash flow forecasts, and cost baselines.
- Provide early identification of budget risks and recommend mitigation measures.
- Establish and maintain cost benchmarks and unit rates.
- Support procurement strategies in compliance with government procurement policies.
- Review and endorse cost plans, Bills of Quantities, tender documents, and pricing schedules.
- Lead commercial evaluations, tender clarifications, and recommendations for award.
- Ensure procurement processes are transparent, auditable, competitive, and compliant.
- Review contractor payment applications, variations, claims, and commercial correspondence.
- Provide independent commercial assessment of claims, EOTs (cost impact), and dispute matters.
- Monitor actual costs against approved budgets, forecasts, and cash flows.
- Validate quantities, progress, and valuation of works on site.
- Prepare monthly cost reports, executive summaries, and financial dashboards for senior stakeholders.
- Ensure alignment between construction progress, programme and cost data.
- Lead cost risk identification, quantification, and mitigation planning.
- Maintain cost risk registers and manage contingency drawdowns.
- Facilitate value engineering and value management workshops, ensuring no compromise to safety, quality, or operational performance.
- Asses cost impacts of design changes, authority requirements, and scope variations.
- Ensure full compliance with UAE governmental frameworks, approval cycles, and reporting protocols.
- Maintain auditable cost records, approvals, and change documentation.
- Support internal and external audits, reviews, and assurance processes.
- Bachelor's degree in Quantity Surveying, Engineering, or Construction Management from an accredited university
- 15-20 years of work experience in all aspects of contract management
- Professional accreditation with a recognized international institute
- Expert knowledge of FIDIC contracts with UAE-specific amendments
- Strong understanding of UAE construction market rates, procurement practices, and supply chains
- Familiarity with UAE authority requirements
- Excellent command of cost planning, forecasting, and financial reporting tools
- Proficiency in MS Excel and reporting skills; ERP or project controls systems experience preferred.
- Fluency in English and a high degree of numeracy and literacy.