Posted
Ref: QP868-79

Job description / Role

Employment: Full Time

Job Objective:
Provision of a commercial and financial management service to projects and the business to ensure projects and business profit objectives and targets are met and cash is managed to maximize cash performance all in a manner that is consistent with the RAKP processes. Also manage costs relating to building and civil engineering projects from the initial calculations to the final figures by enhancing value for money and minimizing the cost of the project while achieving the required standards and quality.

Key Responsibilities:
• Preparation and review of project budgets and pre-tender estimates.
• Review of Engineer’s estimate, cash flow estimate and revised estimates during project execution.
• Review of tender and contract documents.
• Participate in financial and commercial evaluation of tenders.
• Review of necessary bank guarantees and insurance documents.
• Verification of physical progress and checking of payment certificates.
• Review of change proposals, variation orders, provisional variation order and request for proposal.
• Review of additional cost and time claims.
• Finalization of nominated subcontractors or suppliers against available provisional sums.
• Monitor planned versus actual cost performance reports.
• Track payments of contractors, consultants, sub-contractors and suppliers.
• Preparation of payment status reports, cost and budget reports.
• Preparation and maintaining the records and spreadsheets.
• Maintaining the filing system related to quantity surveying.
• Advise the management regarding any issue, risk which has arisen or might arise that could affect the project or business.

Requirements

Requisite Qualifications:
• The ideal candidate should be a Degree holder in Civil Engineering/Quantity Surveying or related discipline.

Experience Requirement:
• Must have demonstrated experience in Post Contract activities.
• At least 3-5 years of relevant experience with leading organization(s) in Real Estate/property industry or Civil Engineering Consulting firm in UAE/GCC.

Skill Sets Required:
• Efficient and effective Communication Skills.
• Good in Problem Solving.
• Good Team Player.
• Excellent Organizational Skill.
• Knowledgeable in various software products related to QS and MS Office products.

About the Company

RAK Properties is one of the leading property development and tourism infrastructure firms in the UAE.

With proven excellence in a wide range of projects including mixed-use community developments, strategically placed retail shops, health spas and hotels, RAK Properties Public Joint Stock Company (PJSC) plays a central role in shaping the lifestyle of residents of the United Arab Emirates.

Founded in 2005 from the vision of His Highness Sheikh Saud Bin Saqr Al Qasimi, Ruler of Ras Al Khaimah, RAK Properties delivers high-quality and professionally managed projects that provides its customers with the highest level of service, while maximizing the value of their investments.

RAK Properties has sound capital of AED 2 Billion. The Initial Public Offering (IPO) of RAK Properties in early 2005 was over subscribed by almost 57 times. In its mission to lead the development of real estate and tourism infrastructure in Ras Al Khaimah. RAK Properties aims to attract foreign investors of repute to launch state of the art projects, including luxurious hotels, resorts and malls. In doing so, RAK Properties serves as a catalyst for a dynamic property market in both Ras Al Khaimah and the wider United Arab Emirates.

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Engineer salaries in UAE

Average monthly compensation
AED 10,500

Breakdown available for industries, cities and years of experience