1. Estimating Costs:
Analyzing project specifications, drawings, and other documents to prepare detailed cost estimates.
Collaborating with project managers, architects, and other stakeholders to understand project requirements.
Calculating material, labor, and equipment costs.
Preparing and submitting bid proposals for projects.
2. Budget Management:
Developing and maintaining project budgets.
Monitoring and controlling project costs to ensure they stay within budget.
Identifying and managing any cost variances and implementing corrective actions as needed.
3. Billing and Invoicing:
Preparing and submitting accurate invoices for completed work.
Ensuring all billing is in accordance with contract terms and conditions.
Verifying and approving subcontractor and supplier invoices.
Reconciling project accounts and resolving any discrepancies.
4. Contract Management:
Reviewing and understanding contract documents to ensure compliance.
Managing contract changes and variations, including pricing and documentation.
Negotiating and managing subcontracts and supplier agreements.
5. Documentation and Reporting:
Maintaining accurate records of project costs, billing, and payments.
Preparing regular financial and progress reports for management and clients.
Documenting all changes and updates to project estimates and budgets.
6. Site Visits and Inspections:
Conducting site visits to verify progress and ensure compliance with project specifications and budgets.
Coordinating with site engineers and project managers to gather necessary information for estimates and billing.
7. Coordination and Communication:
Liaising with clients, suppliers, and subcontractors to resolve any issues related to cost, billing, or contract terms.
Communicating with project teams to ensure understanding of cost control processes and budget expectations.
8. Risk Management:
Identifying potential financial risks and developing strategies to mitigate them.
Ensuring compliance with all relevant regulations,