Senior Quantity Surveyor
New live job for a Chartered Quantity Surveying professional that has experience gained within private practice PQS or within a house builder. Chartered Quantity Surveyor will need to have excellent commercial and residential project experience and will work on a portfolio of challenging commercial, mixed use, and residential projects.
You will be highly motivated and will have a proven ability to provide high quality service to clients. This opportunity offers excellent career prospects with rapid progression in a vibrant office.
Chartered Quantity Surveyor job in central Birmingham, West Midlands, to work within the building consultancy team of a well-respected consultancy to work on a variety of property development projects, providing bank monitoring, procurement and cost management / quantity surveying advice.
Responsibilities and Duties
The job duties for this Chartered Quantity Surveyor job role can be divided into three broad sections of responsibility:
1 Bank Monitoring, 2 Cost Management and 3 Cost Consultancy:
General: You will need to be able to demonstrate experience of the Procurement and Development process through feasibility to practical completion, whilst providing accurate and up to date costing information. You will be analytical, have a flair for numerical data and be prepared to assume responsibility for works from procurement to final account.
1 Bank Monitoring:
- To manage a portfolio of bank monitoring and development monitoring projects from initial pre lending appraisal through to completion of the developments.
- To undertake the initial appraisal of the proposed development comprising a review of the Borrower’s cost plan and a detailed risk analysis of every aspect of the proposed development to assess the risks to the Bank/Funder.
- To prepare the initial appraisal report to clearly identify our assessment of the potential risks and shortcomings in the Borrower’s proposals and our recommendations on the actions and precautions that can be taken to protect the interests of the Bank/Funder.
- To undertake regular site inspections, attending progress meetings and valuation meetings and prepare monthly progress reports for the Bank/Funder.
- To approve valuation and drawdowns.
2 Cost Manager:
- To perform the role of Bank / Funders Cost Manager on a portfolio of Development Projects from feasibility to final account.
- To review and report on the feasibility of proposed developments considering design alternatives, materials, and construction methods with the objective of increasing deliverability of the developments and reducing the Bank / Funders risks.
- To provide and update Cost Plans and benchmarking from feasibility to tender of the developers’ sub-contract and supplier packages.
- To agree the schedule of developer’s sub-contract and supplier packages, tender lists and the format and content of tender documentation.
- To review and agree the developers’ recommendations for sub-contract and supplier awards, reporting to the Bank / Funder as required.
- To check and confirm that all sub-contracts and collateral warranties are duly executed and held on file by the Developer.
- To review and maintain cashflow forecasts ensuring consistency with cost plans and forecast costs throughout the duration of the development projects.
- To develop and maintain risk registers that inform development contingency allowances throughout the duration of the development projects.
- To review and advise on the appropriateness of Developers’ allowances for inflation throughout the duration of the development projects.
- To instigate a process of development change control from pre-planning stage through to development final accounts ensuring sign off to all significant changes by the bank / funder.
- Attend project and site meetings, reporting significant matters impacting cost, programme, and overall delivery of developments to the Bank / Funder.
- To undertake a monthly valuation of each development and submit payment notices to the Bank / Funder.
- Provide monthly financial statements to the Bank / Funder including Cost to Complete, variations, contingency, and inflation forecasts.
- Review and agree the developers’ proposed sub-contract final accounts and development final account.
3 Cost Consultancy:
- Prepare initial and subsequent cost estimates for the construction and associated costs of specified projects.
- Administer and prepare progress payments throughout the duration of the project and final accounts at completion.
- Advise on and prepare appropriate forms of contract documentation to ensure that clients’ interests are always protected.
- Undertake QS pre and post contract roles for project related work.
- Manage the financial aspects of the building contract and advise on proposed variations so the work can be approved where necessary and the budget/payments are amended accordingly.
- Monitor cash flow and expenditure against approved budgets ensuring any shortfall is fully explained and appropriate supplemental budgets applied for and obtained.
- Provide cost advisory support to Building and other business units and support cross team proposals/tenders.
- Undertake RCAs for Building and other business units including Corporate Recovery and Valuation, the latter being of some large-scale assessments of properties/portfolios in the UK and abroad.
Desired Skills and Experience
As a Chartered Quantity Surveyor you should have some varied experience in multiple construction sectors. Specific experience of the residential development process would be advantageous and is preferable.
- Ability to demonstrate core Quantity Surveying and cost management skills and operate in a commercial context, including ability to undertake or supervise the preparation of estimates, cost plans, budgets, cashflow forecasts, RCAs, interim and final accounts, valuations and payment certificates etc.
- Experience of acting as a bank monitoring surveyor is highly desirable
- A demonstrable client facing manner with good relationship-building/networking skills is essential
- Excellent communication skills & good presentation and client skills.
- Ability to write technical reports to present to lay clients.
- Ability to work unsupervised.
- Knowledge of forms of appointments and collateral warranties.
- Cost experience of a wide range of building types.
Chartered Quantity Surveyor (MRICS) status is essential for this senior cost job role
Employing Company Overview and Profile
A leading national multidisciplinary Quantity Surveying and Cost Management consultancy with offices in Birmingham. Full details will be provided to shortlisted applicants
Additional Benefits Package and Incentives
Generous salary & benefits package