Assistant General Manager/Senior Manager of Cost

Responsibilities:

a)  Strategic & Leadership

• Lead the Cost & Contract team in developing and implementing policies, procedures, and frameworks for effective cost control, tender and awarding, and contract management across all business units.
• Provide strategic advice to Management on project costing, contract strategies, risk exposure, and cost efficiency improvements.
• Collaborate with Property Division, Finance, and Legal teams to ensure integrated and transparent contract management processes.
• Review and recommend cost plans, tender reports, and contractual documents for accuracy, consistency, and compliance with corporate governance standards.

b)  Pre-Contract Management

• Develop and maintain detailed feasibility cost studies, preliminary cost estimates, and project budgeting during the planning and design stages.
• Manage the tender process, including preparation of tender documents, calling for tenders, tender evaluations, negotiation, and award recommendations.
• Ensure tender and procurement processes comply with Group policies, internal controls, and regulatory requirements, i.e., with PAM and IEM standards etc.
• Evaluate and recommend contract management or tender & procurement strategies (e.g., lump sum, design & build, re-measurement) appropriate to project needs and risk profile.
• Participate in value engineering exercises to optimize project design and cost efficiency without compromising quality and functionality.

c)   Post-Contract Management

• Oversee and manage the contract administration throughout project implementation, including contractual progress payment certification, variation order assessments, and extension of time (EOT) evaluation.
• Monitor project expenditure against budgets and highlight potential cost overruns or savings to Management promptly.
• Ensure all contractual obligations are properly administered, documented, and closed out upon project completion.
• Review and manage final accounts settlement with contractors, consultants.
• Support project teams in resolving contractual disputes, claims, and arbitration matters, in collaboration with Legal when necessary.
• Monitor construction cash flows and validate financial projections in collaboration with Finance Team when necessary.

d)  Governance, Reporting, Risk & Compliance Controls

• Establish and maintain Group-wide cost database, benchmarking, and reporting tools for better project cost forecasting and control.
• Implement strong governance and audit trails for tendering, procurement, and contract documentation.
• Prepare regular reports and analyses on cost performance, contract status, and risk exposure for Management review.
• Continuously review and enhance internal procedures to improve efficiency, transparency, and compliance.
• Coordinate with Quantity Surveyors and consultants for cost accuracy
• Prepare cost and contract reports for senior management.
• Ensure adherence to corporate governance and regulatory frameworks.
• Identify and mitigate contractual and financial risks.
• Support ESG compliance in cost & contract management.

e)  Stakeholder Engagement

• Liaise with internal teams, consultants, and contractors.
• Provide commercial insights to support design and execution decisions.
• Foster transparent communication across functions.

Requirement:

• Degree in Quantity Surveying, Construction Management, or related field.
• Minimum 10 – 15 years of experience in cost and contract management, with at least 5 years in a managerial or head of department role in in property development or infrastructure industry.
• Strong knowledge of construction contracts and procurement frameworks.
• Experience with ESG-aligned cost and contract practices preferred