This position is to lead, supervise, and manage the Cost Control Team with the overall function as follow :-
Cost Planning, Feasibility & Budgeting:
- Conduct market research, financial feasibility studies, and development costings for current projects and potential land acquisition targets.
- Formulate, monitor, and reforecast comprehensive project budgets and elemental cost breakdowns.
- Conduct quarterly cost reviews against budgets, analyse cost deviations, and present variance reports to management.
Contract Management & Procurement Strategy
- Oversee end-to-end procurement processes, including calling quotations/tenders, conducting commercial evaluations, and negotiating contracts with consultants, contractors, and suppliers.
- Direct the preparation and administration of contractual documents (e.g., Letters of Award, Bills of Quantities).
- Strategically track, evaluate, and negotiate Variation Orders (VOs) and design changes to control cost overruns.
Financial Management, Claims, Valuations & Commercial Governance
- Oversee project cash flow forecasts and work closely with the Finance Department to provide necessary cost models, valuations, and data to support land acquisitions and project financing facilities.
- Evaluate site progress claims, main contractor valuations, and consultant/vendor claims for timely certification and billing.
- Manage the preparation, negotiation, and closing of final accounts.
Design & General Duties
- Advise project and design teams on value engineering, cost-effective alternatives, and specification reviews.
- Prepare reports, commercial analyses, risk assessments, and supporting project documentation.
- Establish the KPI’s, standard operating procedures (SOP’s), and governance controls for all cost-related and contractual activities.
- Any other duties assigned by the HOD or Management from time to time.
Job Requirements & Qualifications :
Education: Bachelor’s Degree in Quantity Surveying, Construction Economics, Building, or a related discipline. Professional qualifications (e.g., RISM, MRICS, or equivalent) are a strong advantage.
Experience: Minimum 10–15 years of working experience in cost control, quantity surveying, and contract management within a property development or main contracting environment. At least 3–5 years must be in a leadership or managerial capacity.
Core Competencies :
Technical Skills
- Pre- and post-contract management. Knowledgeable in contract law (e.g., PAM, PWD, or custom contracts), tender preparation, and
- Strong mastery of cost estimation, elemental cost analysis, financial feasibility modelling, and cash flow forecasting.
- Proven experience managing multiple residential and commercial developments concurrently.
Leadership Skills:
- Demonstrated capability in leading, developing, and motivating a technical team.
Soft Skills
Excellent negotiation, stakeholder management, problem-solving, and communication skills with attention to detail.
Job Types: Full-time, Permanent
Pay: RM10,000.00 - RM15,000.00 per month
Work Location: In person