Quantity Surveyor

1 day ago

Bengaluru, Karnataka, India Jobs Territory Full time ₹ 15,00,000 - ₹ 25,00,000 per year

Experience Required: 7+ years in the real estate industry

Position Overview

The Quantity Surveyor is responsible for managing all aspects of cost estimation, budgeting, and financial control for real estate projects. This role ensures that construction projects are delivered within budget while maintaining quality and compliance with contractual and regulatory standards. The Quantity Surveyor plays a vital role in controlling project costs, minimizing risks, and maximizing value for money throughout the project lifecycle.

In the real estate sector, the Quantity Surveyor works closely with project managers, engineers, contractors, and procurement teams to provide accurate cost forecasts and ensure financial discipline. With significant experience, the Quantity Surveyor is expected to independently handle cost negotiations, prepare tender documents, evaluate bids, and ensure effective contract administration. This role requires both technical knowledge of construction processes and strong financial management capabilities.

Role & responsibilities -

  • Prepare detailed cost estimates for projects during feasibility, design, and execution stages.
  • Develop and manage project budgets, ensuring adherence to approved financial plans.
  • Prepare, review, and analyze tender documents, contracts, and bills of quantities.
  • Conduct cost analysis and value engineering to optimize resources and reduce expenditure without compromising quality.
  • Evaluate contractor and subcontractor quotations, ensuring accuracy and fairness in pricing.
  • Administer contracts, including preparation of payment certificates, variation orders, and claims management.
  • Maintain up-to-date cost records, cash flow forecasts, and financial reports for senior management.
  • Monitor material consumption and project expenditures, identifying cost overruns and implementing corrective actions.
  • Liaise with procurement teams for supplier negotiations and sourcing of cost-effective alternatives.
  • Ensure compliance with legal, contractual, and regulatory requirements in all financial matters.
  • Provide financial advice and support to project managers and senior management on project viability and profitability.
  • Conduct post-project evaluations to analyze costs, identify savings, and improve future cost management strategies.
  • Collaborate with engineers and site teams to ensure alignment between project execution and financial control.
  • Lead cost discussions and negotiations with contractors, clients, and external stakeholders.

Qualifications & Skills-

  • Bachelors degree in Quantity Surveying, Civil Engineering, or related field; professional certification preferred (e.g., RICS, AIQS).
  • Minimum 7 years of experience as a Quantity Surveyor in real estate development projects.
  • Strong knowledge of construction contracts, tendering processes, and cost control mechanisms.
  • Proficiency in cost estimation software, MS Excel, and project management tools.
  • Excellent analytical, numerical, and financial management skills.
  • Strong negotiation and contract management abilities.
  • Detail-oriented with the ability to manage large volumes of cost-related data.
  • Effective communication and reporting skills to engage with both technical and non-technical stakeholders.
  • Ability to work under pressure and meet strict deadlines.
  • High standards of integrity, accuracy, and professionalism.

Interested candidates can apply on mail id

Regards,

Nasreen

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