Associate Quantity Surveyor at Independent Project Monitoring Company Limited (IPMC)

Job Summary

• The Associate Quantity Surveyor is responsible for supporting the planning, management, and control of project costs throughout the project lifecycle, ensuring that engineering and construction projects are delivered within approved budgets and in accordance with contractual requirements. The Associate Quantity Surveyor works closely with project teams to optimize project value, maintain cost efficiency, and ensure compliance with industry standards and organizational policies. The ideal candidate possesses strong analytical, commercial, and technical skills, with the ability to manage multiple projects, contribute to value engineering initiatives, and support effective project delivery.

Key Responsibilities

Cost Verification and Validation

• Independently reviewing and validating cost estimates, budgets, and forecast prepared by the project team or contractors
• Ensuring that cost data is accurate, complete, and consistence with project scope and specifications

Budget Control and Monitoring

• Monitoring projects expenditures against the approved budget.
• Identifying cost variances and potential overturns early and reporting these to stakeholders
• Assessing the impacts of changes, variations, and claims on the overall project cost.

Risk Identification and Mitigation

• Identifying financial risks related to cost escalation, scope changes, or contractual issues.
• Advising on cost-related risk mitigation strategies to minimize financial exposure.

Contract Cost Compliance

• Reviewing contractor and subcontractor payment applications, invoices, and claims to ensure compliance with contract term.
• Verifying those payments are justified based on work completed and agreed rates.

Reporting and Communication

• Providing independent cost assurance reports to project owners, financiers, and other stakeholders
• Offering transparent and objective insights into the financial health of the projects.

Support in Decision Making

• Assisting project management and clients in making informed decisions related to cost control, procurement, and contact management.
• Supporting negotiations related to cost claims variations, and contract amendments.

Ensuring Best Practice and Compliance

• Ensuring that cost management practices comply with industry standards, contractual requirements and regulatory frameworks
• Promoting transparency and accountability in cost reporting.

Qualifications & Requirements

Education:

• Bachelor’s degree in Quantity Surveying, Construction Economics, or related field.

Certifications:

• Registered Quantity Surveyor (NIQS, RQS) required.
• Certified Lead Auditor in ISO 9001 is required (additional certifications in ISO 14001, ISO 45001, or API Q1/Q2 are a plus).
• Project Management certification (PMP/PRINCE2) is an added advantage.
• HSE Certification (Level 1–3) is an advantage.

Experience:

• Minimum of 7 years of professional experience in cost consultancy or construction project management.
• Proven record of managing cost planning and control on large-scale engineering or infrastructure projects.
• Experience in both pre-contract and post-contract phases.

Skills & Competencies:

• Strong proficiency in cost estimating and QS software (e.g., CostX, Candy, QS CAD, or MS Project).
• Excellent knowledge of standard forms of contract (FIDIC, JCT, NEC, etc.).
• Exceptional analytical, numerical, and negotiation skills.
• Strong communication, leadership, and interpersonal abilities.
• Ability to manage multiple projects and deliver under tight deadlines.

Key Performance Indicators (KPIs):

• Accuracy of cost estimates and financial forecasts.
• Timely and accurate preparation of BOQs, valuations, and reports.
• Cost savings achieved through value engineering.
• Compliance with contracts and budgetary limits.
• Client satisfaction and repeat business.