Quantity Surveyor

Job Description

A Quantity Surveyor (QS) in the real estate industry is responsible for managing project costs, ensuring value for money, reducing expenses, and ensuring compliance with legal and quality standards. The QS plays a crucial role in estimating, budgeting, and overseeing costs throughout the project lifecycle, from initial feasibility to completion. Key Responsibilities: 1. Cost Estimation & Budgeting: Prepare detailed cost estimates for real estate projects, including material, labor, and overhead costs. Develop feasibility studies and cost plans to determine project viability. Assist in budgeting and financial forecasting for construction projects. 2. Tendering & Procurement: Prepare tender documents, contracts, and bills of quantities (BOQ). Evaluate contractor and supplier bids to ensure cost-effectiveness. Assist in selecting contractors and negotiating contracts. 3. Contract Administration & Cost Control: Monitor and manage project costs to avoid budget overruns. Track variations, additional work, and cost implications. Assess and approve interim payments and final accounts for contractors and suppliers. 4. Valuation & Payments: Conduct site visits to assess work progress and prepare valuation reports. Certify contractor payments based on work completed. Resolve any financial disputes related to contracts and claims. 5. Risk Management & Compliance: Identify cost-related risks and recommend mitigation strategies. Ensure projects comply with legal, contractual, and regulatory requirements. Stay updated with industry trends, construction costs, and best practices. 6. Reporting & Documentation: Prepare regular financial reports for stakeholders and management. Maintain records of contracts, procurement documents, and cost analyses. Key Skills & Competencies: Strong knowledge of construction costs, materials, and labor rates. Proficiency in cost estimation and budgeting software (e.g., Cost, AutoCAD, Excel, MS Project). Excellent negotiation, analytical, and problem-solving skills. Strong understanding of contracts, legal aspects, and regulatory requirements. Ability to manage multiple projects and work under deadlines. Strong communication and teamwork skills. Qualifications & Experience: Bachelor’s degree in Quantity Surveying, Civil Engineering, Minimum of [X] years of experience in quantity surveying, preferably in the real estate or construction industry. Experience with real estate developments, residential, commercial, Career Growth & Opportunities: Opportunity to advance to senior quantity surveyor, cost consultant, or project management roles. Exposure to large-scale real estate projects and career development in cost consultancy.