Cost Analyst at Ijenga

Duties and Responsibilities:

• Conduct ongoing market research on construction costs and trends;
• Prepare cost estimates and financial models to support the investment/business case for proposed development investment opportunities, inclusive of detailed preliminary financial model and development budget;
• Establish a cost management framework to monitor and report on development project costs throughout the project life cycle, with regular dashboard reporting at both the individual project and portfolio levels, enabling appropriate controls and governance;
• Undertake cost analysis for repair and maintenance project work;
• Provide detailed cost estimates and updated financial models at agreed milestones throughout the development project life cycle from feasibility through project completion and handover;
• Continuously perform value management and cost control;
• Continuously perform risk management - identify, analyse and develop responses to
• commercial risks; monitor the implementation of agreed risk mitigation strategies;
• Conduct market research on suppliers and availability of suitable materials, fixtures and equipment;
• Review contract documents to identify and manage commercial risk / opportunity and advise on tender qualifications.
• Advise on suitable procurement strategy and form of contract;
• Prepare tender and construction contract documents, including complete bills of quantities with the project architect and the engineers for new development projects and capital improvements;
• Manage the tender, negotiation and contract award process, including identifying qualified bidders, evaluating tenders and preparing a tender analysis and recommendation report;
• Allocate work to subcontractors as appropriate;
• Provide oversight throughout the construction period, including, contract administration and compliance, attendance at site meetings and project inspections, remeasurement of works in progress and certification of contractor payment requests;
• Reviewing, certifying and submitting contractor applications for payment and invoices to maximise cash-flow and recovery.
• Monitor payment expectations and liaise with the Accounts department to recover outstanding monies. Review all project cost variations, engage in value engineering as needed and make appropriate recommendations to the client;
• Prepare and issue certificates of substantial and final completion for construction projects
• Prepare and issue the final account at project completion;
• Provide advice on contractual claims, in respect of merit and potential costs;
• Understand the implications of health and safety regulations.
• Offer advice on property taxation;
• Provide post-occupancy advice, including advice on optimizing facilities management and maintenance costs and life-cycle costing;
• Provide advice and assistance in locating and accessing additional and alternative sources of funding;
• Liaise with project staff to ensure that all contractual correspondence, notifications and records are accurately maintained.

Professional Experience.

• 2-4 years quantity surveying experience.
• Knowledge of the various forms of construction contracts used in Kenya, particularly the NEC form of contract and the ability to swiftly analyse and understand non-standard forms of Contract.
• In-depth knowledge of the local building codes, and other regulatory requirements, including OSHA, NEMA, etc.
• Extensive and current knowledge of local project development and construction costs, particularly multi-unit residential housing.
• In-depth experience in estimating, assessing, managing, controlling and reporting on project costs, financials and cashflow projections throughout the real estate project development life cycle, including value engineering principles and methodologies.
• Extensive network and business relationships within the local construction industry, including design professionals, contractors and suppliers.
• Strong communication, organizational, analytical and report writing skills.