Senior Cost Manager

General Description of Role and Responsibilities :

• Act as the main point of contact for all cost-related matters on behalf of the Client / Client Representative.
• Monitor and oversee the cost control services provided by other Consultants, ensuring compliance with agreed budgets and procedures.
• Identify and report any cost-related concerns or potential impacts not accounted for in estimates or reports.
• Ensure preparation of accurate budgets, cost plans, estimates, comparisons, forecasts, and reports by the Consultant(s).
• Advise the Client on the implications of scope changes on program and cost, based on Consultant input.
• Develop a cost strategy to mitigate risk and minimize financial exposure throughout the project.
• Coordinate and chair regular cost meetings, issuing clear minutes and follow-up actions.
• Manage and coordinate responses to cost-related queries during the tendering process and assist in preparing tender addenda.
• Support the Client in evaluating tenders commercially and technically; prepare financial evaluation reports and participate in clarification meetings.
• Oversee contract administration, including payment certification, variation review, and final account agreements.
• Assist in the amicable resolution of disputes involving the Client, Contractors, and Consultants to avoid litigation or arbitration.
• Track expenditures, update budgets to reflect changes, and prepare regular cost reports, including cash flow forecasts and cost-to-complete projections.
• Negotiate final accounts and ensure financial close-out in line with contract terms.
• Advise on cost risk and budget performance, issuing early warnings as necessary.

Qualifications, Experience, Knowledge and Skills :

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