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Cost & Contract Management

8-10 Years
SGD 7,500 - 10,000 per month
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  • Posted 2 hours ago
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Job Description

Passionate about making a real impact Join our team at Nxera to unfold the new era! Be at the forefront of the data centre (DC) industry with a unique focus on sustainability, connectivity and AI which sets us apart as the next generation DC operator. You will also get to gain invaluable experience in a fast-growing industry that is powering the digitalisation wave. Be empowered to co-create the future with our dynamic teams!

Make an Impact by

1. Leadership in Cost Management:

  • Lead the continuous enhancement of cost management strategies, ensuring effective control measures are in place throughout the project lifecycle.
  • Take the initiative in developing project budgets and collaborating with the Project Manager to define procurement strategies for new projects.
  • Lead the preparation and review of cost summaries, ensuring up-to-date forecasts and financial reports are presented to key stakeholders.

2. Stakeholder Engagement & Collaboration:

  • Lead communications with stakeholders to establish project budgets, and assist in defining procurement strategies, aligning financial expectations with project goals.
  • Guide the development of Statements of Work (SOW) for Quantity Surveyor (QS) Consultants and assist the Project Manager with other consultants SOWs.
  • Ensure that all contractual agreements, Purchase Orders (POs), and contracts are issued, signed, and fully executed in a timely manner.

3. Cost Control & Monitoring:

  • Oversee the validation, processing, and timely tracking of payment claims, ensuring compliance with contractual terms and proper documentation of all financial transactions.
  • Manage variation/change management processes, ensuring that cost adjustments are well-documented, analyzed, and aligned with the overall project budget.
  • Supervise the auditing of contractor claims and QS Consultant assessments, ensuring that claims are properly reviewed and adjusted as necessary.

4. Final Account Management & Financial Reporting:

  • Take the lead in managing the timely closure of project final accounts, ensuring that all financial matters are resolved before project completion.
  • Work closely with the Finance team to monitor accruals, track cash flows, and make any necessary budget reforecasting adjustments.

5. Commercial & Contractual Oversight:

  • Lead or assist the Project Manager in chairing commercial meetings, ensuring that all financial and contractual matters are addressed and aligned with project objectives.
  • Provide guidance on contractual obligations and ensure compliance with all terms and conditions of contracts, mitigating risks where applicable.

6. Strategic Input & Business Collaboration:

  • Support feasibility studies and provide strategic input to aid in business decision-making and project planning.
  • Regularly update stakeholders on the progress of the commercial aspects of the project, ensuring timely communication of any financial or contractual developments.

7. Technical Expertise & Cost Strategy:

  • Leverage knowledge in civil and structural engineering, architecture, M&E systems, and interior fit out pricing to develop cost-effective strategies for each project phase.
  • Ensure accurate pricing strategies are applied throughout the project lifecycle, particularly in complex and multi-disciplinary projects.

8. Problem Solving & Resourcefulness:

  • Demonstrate strong problem-solving skills by addressing challenges related to cost management, procurement, and financial processes.
  • Proactively escalate issues to senior leadership as needed, ensuring timely resolution of potential risks to the project's financial health.

9. Additional Duties:

  • Perform other duties as assigned by the Business Support Lead, demonstrating flexibility and responsiveness to the evolving needs of the project.

Skills for Success

  • Bachelor in Quantity Surveying, Building Construction or Equivalent
  • Minimum 8 to 10 years experience in in cost management, financial oversight, and project budget management, preferably within the construction, infrastructure, or related industries
  • Strong technical knowledge & experience in quantity surveying duties, cost & finance management in major projects.
  • Exceptional leadership and communication skills, with the ability to engage stakeholders at all levels and ensure alignment of financial goals.
  • Detail-oriented, with the ability to audit, validate, and ensure that all costs are accurately tracked and managed throughout the project
  • Expertise in civil and structural engineering, architecture, M&E (Mechanical & Electrical), and interior fit out pricing is highly desirable.
  • Proficiency in Microsoft Office tools, especially in Microsoft Excel

More Info

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Job ID: 147012857

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