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Develop and oversee project budgets, ensuring financial accuracy and alignment with cost objectives
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Prepare cost estimates and forecasts for various phases of construction projects
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Track project expenses, analyze financial reports, and identify cost-saving opportunities
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Review and assess contractor bids, contracts, and change orders to ensure cost efficiency
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Collaborate with project managers, engineers, and stakeholders to monitor financial progress
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Implement cost control measures to prevent budget overruns
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Conduct risk analysis related to construction costs and develop mitigation strategies
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Enhance and maintain cost tracking systems and reporting tools
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Ensure compliance with company policies, industry standards, and legal requirements
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Assist in negotiating contracts and agreements with vendors and subcontractors
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Provide financial insights and reports to senior management for decision-making
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Work closely with procurement and finance teams to optimize purchasing strategies
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Participate in project audits and financial reviews related to construction expenses
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Stay updated with industry trends, market rates, and best practices in cost management
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Other duties as assigned by Supervisor
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Bachelors degree in construction management, finance, engineering, or a related field
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Minimum of 7 years of experience in construction cost management, estimating, or financial planning
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Proficiency in construction cost estimation software and financial modeling tools
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Strong knowledge of construction contracts, procurement processes, and cost-control techniques
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Experience with budgeting, forecasting, and financial reporting in the construction industry
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Excellent organizational and project management skills
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Industry-related certifications (e.g., Certified Cost Professional, RICS, or similar) preferred