Senior Quantity Surveyor

20 hours ago


Bengaluru, Karnataka, India Shashwath Solution Full time ₹ 15,00,000 - ₹ 25,00,000 per year

Position Overview

The Senior Quantity Surveyor will be responsible for managing all aspects of cost management and financial control throughout the lifecycle of construction projects.

This includes overseeing cost estimation, budgeting, procurement, contract administration, and final account settlement for projects, ensuring that they are completed within budget and in line with financial expectations.

The role requires a high level of expertise in cost management, contract law, and construction processes, with the ability to work collaboratively with project teams, clients, and subcontractors.

Key Responsibilities:

Cost Estimation & Budgeting:

Prepare and manage cost estimates, bills of quantities (BOQs), and budgets for construction projects.

Perform detailed take-offs and measurements from drawings and plans to produce accurate cost estimates.

Advise on cost control measures and cost reduction strategies during the project lifecycle.

Review project design cuments to identify potential cost savings or areas of concern.

Procurement & Contract Management:

Lead the procurement process, including tendering, contract negotiation, and awarding of contracts to subcontractors and suppliers.

Prepare and review tender documents, including contracts, specifications, and scope of works.

Administer and monitor the performance of subcontractors and suppliers, ensuring that the agreed terms, prices, and conditions are adhered to.

Conduct regular contract reviews and manage contract variations or changes in scope.

Cost Control & Financial Reporting:

Monitor project costs and expenditure to ensure adherence to the budget and identify any potential overruns.

Prepare regular financial reports for management and clients, outlining the status of costs, cash flow, and any issues that may arise.

Track and report on project progress and budget variations, recommending corrective actions where necessary.

Risk & Value Management:

Identify and assess potential risks related to cost and time, and propose strategies to mitigate these risks.

Conduct value engineering exercises to ensure that the project delivers the best value without compromising quality or functionality.

Advise on financial and contractual matters that may impact project profitability and timely delivery.

Final Account & Settlement:

Manage the preparation of final accounts for projects, ensuring that all costs and changes are properly documented and agreed upon.

Resolve any disputes related to project costs, claims, or contractual terms.

Ensure timely completion of all financial and contractual processes for each project.

Team Leadership & Mentoring:

Lead, mentor, and train junior quantity surveyors and other team members, fostering a collaborative and professional work environment

Ensure that all team members adhere to company procedures, industry standards, and health & safety regulations.

Promote best practices in quantity surveying, cost management, and contract administration within the department

Stakeholder Communication:

Liaise with clients, contractors, project managers, and other stakeholders to ensure effective communication on financial matters.

Attend project meetings and provide professional advice on cost-related issues

Ensure that the client's interests are protected and that there is transparency in all financial dealings.

Skills and Qualifications:

Bachelor's degree in Quantity Surveying, Civil Engineering, Construction Management, or a related field.

Membership in a professional body (eg., RICS, CIOB) or certification in quantity surveying is highly preferred

Experience:

Proven experience in managing large-scale projects, including cost estimation, contract administration, and final account management.

In-depth understanding of construction contracts (eg., NEC, FIDIC, JCT) and legal frameworks

Skills & Attributes:

Excellent knowledge of construction costs, pricing methods, and cost management processes.

Proficient in quantity surveying software and tools (e.g., CostX, Buildsoft, Excel).

Strong analytical and problem-solving skills, with the ability to handle complex financial issues.

Excellent communication, negotiation, and interpersonal skills, with the ability to engage with clients, contractors, and teams.

Strong attention to detail and accuracy, with the ability to manage multiple projects simultaneously.



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