Posted
Ref: HP698-14429
Job description / Role
Established in the 1930s as a trading business, Al-Futtaim Group today is one of the most diversified and progressive, privately held regional businesses headquartered in Dubai, United Arab Emirates. Structured into five operating divisions; automotive, financial services, real estate, retail and healthcare; employing more than 35,000 employees across more than 20 countries in the Middle East, Asia and Africa, Al-Futtaim Group partners with over 200 of the world's most admired and innovative brands. Al-Futtaim Group's entrepreneurship and relentless customer focus enables the organization to continue to grow and expand; responding to the changing needs of our customers within the societies in which we operate.
By upholding our values of respect, excellence, collaboration and integrity; Al-Futtaim Group continues to enrich the lives and aspirations of our customers each and every day
Overview of the role
The role involves overseeing cost management, estimating, measurement, and variation evaluation, as well as selecting and appointing Consultants & Contractors. Additionally, it includes processing payments and administering Agreements and Contracts within approved financial parameters.
What you will do
- Analyse design, Prepare cost estimates and different stages of design, eg: Pre Concept, Concept, etc.
- Prepare Bill of Quantities.
- Providing pre and post contract Quantity Surveying Services for the portfolio or projects including, without limitation, cost estimating, monthly accounts, review of cost and budget forecasts, value engineering, quantum analysis of claims and variation submissions, and final account settlement.
- Advising AFGRE team and clients on procurement of projects and consultancy services to meet time, quality and cost requirements of the development plan.
- Providing commercial advice to AFGRE team and clients to ensure in all respects that risk is minimized, best value is achieved and to maximize the return in investment on projects developed.
- Assisting in the preparation of project development feasibility studies and presentations prepared by the AFGRE team including collation and interpretation of cost data and benchmarking.
- Report on project costs, budgets and risks/opportunities.
- Monitoring and ensuring project insurance policies are maintained in relation to project construction works (Professional Indemnity, Contractors All Risk, Third Party, Other contract insurance requirements).
- Perform prequalification of Contractors and Consultants.
- Prepare Requests for proposal and negotiating agreements for contractors and consultants.
- Preparing tender evaluation reports and advising on selection of tenderers.
- Post Contract administration services for Consultancy and Contractor agreements.
- Prepare payment certificates for Consultants, Contractor, Suppliers.
Requirements
Required Skills to be successful
- Minimum 10+ years of experience working with Main Contractor/Developer/PQS on a diverse range of large-scale projects.
- Extensive expertise in cost planning/estimation, procurement, variation evaluation and processing payments and administering agreements & contracts.
- Experience in generating accurate cost/budget/cash flow, and other pertinent reports.
What equips you for the role
- Bachelor Degree in Construction Economics or Quantity Surveying (or equivalent)
- Professional qualification (MRICS, MCIOB) a preferred
About Al-Futtaim Group Real Estate
The real estate development and operations arm of Al-Futtaim, Al-Futtaim Group Real Estate is responsible for a multi-billion-dollar portfolio across MENA. With high-quality residential, business, retail, tourism, educational and healthcare developments, the master developer caters to the diverse needs of cities and communities in the region. From origination, conception, development, sales, procurement and construction of mega-projects and the leasing, operation and management of these projects after completion, Al-Futtaim Group Real Estate (AFGRE) has been developing and managing owned landbanks, unlocking the economic potential of the region and contributing to future development for more than 40 years.
Our focus is to enable and invest in meaningful relationships to make our properties the best places to live and work, build additional products and services and enable partnerships to create true value to our customers throughout their entire experience with us.
AFGRE is responsible for master planning of all projects in its portfolio, including two large scale mixed use destinations: Dubai Festival City and Cairo Festival City.
About the Company
Established in the 1930's, the Al-Futtaim Group initially operated as a trading enterprise. Rapid development throughout the 1940's and 50's saw it establish itself regionally as an integrated commercial, industrial and services organisation, positioning itself one of the leading business houses in the lower Gulf region. Today, it operates collectively over 40 companies bearing the Al-Futtaim name, dominates many market segments in the UAE, and has expanded its sphere of operation to include Bahrain, Kuwait, Qatar, Oman and Egypt.
The Group comprises a diverse range of strategically positioned operating subsidiaries and associate companies, structured to give the Al-Futtaim Group the flexibility and versatility to keep ahead of local competition while keeping pace with the ever-evolving global business scenario. The Groups continued investment in world-class systems technology is clear evidence of its commitment to maintain leading edge performance and service delivery.
The success of the Al-Futtaim Group can be attributed to a business approach that combines the ability to change with the traditional values of integrity, service and social responsibility that define its core business philosophy. This, linked with the Groups belief in decentralisation, gives the heads of the operating companies a high degree of functional autonomy and authority, providing the Group with essential flexibility, and individual employees a clearly defined work culture and sense of responsibility.