Responsibilities
- Lead the estimation and budget input team to develop comprehensive cost estimates and budgets for real estate projects.
- Collaborate with project managers, architects, and engineers to analyze project requirements and develop accurate cost projections.
- Monitor and control project budgets throughout the project lifecycle, identifying deviations and proposing corrective actions.
- Conduct cost analysis and benchmarking to ensure competitiveness and cost-efficiency in project executions.
- Provide strategic financial guidance to senior management based on cost estimations and budget forecasts.
- Stay updated on industry trends, market conditions, and regulatory requirements impacting project costs.
- Manage relationships with vendors, suppliers, and subcontractors to negotiate pricing and ensure cost-effective solutions.
- Prepare and present budget reports, variance analysis, and financial recommendations to stakeholders.
- Implement cost estimation best practices and standard operating procedures within the estimation and budget input department.
- Drive continuous improvement initiatives to enhance the accuracy and efficiency of budgeting processes.
Experience
QUALIFICATIONS
15-20 years of experience in the Real Estate industry
Education Qualification
Bachelor's degree in Civil Engineering, Construction Management, Quantity Surveying, or related field.
