Cost Manager (Contracts & Claims Management)
Singapore8h ago
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Skills
About the role
Job Description
We are seeking an experienced Cost Manager with 4-5 years of experience in contract administration, commercial management, and claims management within construction, infrastructure, energy, or industrial projects. The successful candidate will support project delivery teams in managing project costs, administering contracts, assessing contractor claims, and protecting the organization's commercial interests.
A strong understanding of FIDIC contracts is essential, along with hands-on experience in reviewing contractor notices, managing variations, preparing contractual correspondence, and supporting claims resolution.
Key Responsibilities
Cost & Commercial Management
- Monitor and control project costs, budgets, forecasts, and commitments throughout the project lifecycle.
- Review payment applications, progress claims, and cost reports to ensure accuracy and contract compliance.
- Support cost forecasting, cash flow management, and commercial reporting.
- Assist in the preparation and evaluation of variations, change orders, and compensation events.
Contract Administration
- Administer project contracts and ensure compliance with contractual obligations and procedures.
- Maintain contractual records, correspondence, notices, and project documentation.
- Review contract provisions and provide commercial and contractual advice to project stakeholders.
- Identify contractual risks and recommend mitigation measures.
Claims Management
- Manage contractor notices of claim and ensure compliance with contractual notification requirements.
- Assess contractor claims relating to extension of time (EOT), additional costs, variations, and other contractual entitlements.
- Draft contractual responses, reservation of rights letters, and claim-related correspondence.
- Develop templates and standard responses for contractual notices and claims management.
- Support negotiations and resolution of commercial and contractual disputes.
FIDIC Contract Administration
- Support administration of projects executed under FIDIC Conditions of Contract.
- Advise project teams on FIDIC requirements relating to notices, claims, variations, payment mechanisms, and dispute resolution.
- Ensure contractual timelines and procedural requirements are properly managed and documented.
- Assist in the preparation of contractual position papers and entitlement assessments.
Stakeholder Management
- Work closely with project managers, engineers, procurement teams, legal counsel, and contractors on commercial and contractual matters.
- Provide commercial support during negotiations and contract execution.
- Participate in project reviews and risk management discussions.
Qualifications
Education
- Bachelor's Degree in Quantity Surveying, Construction Management, Engineering, Commercial Management, or a related discipline.
Experience
- 4-5 years of relevant experience in Cost Management, Quantity Surveying, Commercial Management, or Contract Administration.
- Experience managing contractor claims, variations, contract correspondence, and commercial risks.
- Proven track record in contract administration within construction, infrastructure, energy, EPC, or industrial projects.
- Experience preparing contractual responses to contractor claims and notices.
Technical Skills
- Strong knowledge of FIDIC contracts (Red Book, Yellow Book, Silver Book).
- Understanding of claims management, EOT assessment, variations, and contract risk management.
- Familiarity with project cost control, budgeting, and forecasting processes.
- Proficient in contract documentation and commercial reporting.
Additional Information
Our inspired people share our vision and mission. We provide a great place to work, where each person has the opportunity and voice to affect change.
We want our people to succeed both in work and life. To support this we promote a healthy, productive and flexible working environment that respects work-life balance.
Turner & Townsend is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees and actively encourage applications from all sectors of the community.
Please find out more about us at www.turnerandtownsend.com/
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Any unsolicited resumes/CVs submitted through our website or to Turner & Townsend personal e-mail accounts, are considered property of Turner & Townsend and are not subject to payment of agency fees. In order to be an authorised Recruitment Agency/Search Firm for Turner & Townsend, there must be a formal written agreement in place and the agency must be invited, by the Recruitment Team, to submit candidates for review.
Company Description
Turner & Townsend is a global professional services company with over 22,000 people in more than 60 countries.
Working with our clients across real estate, infrastructure, energy and natural resources, we transform together delivering outcomes that improve people’s lives. Working in partnership makes it possible to deliver the world’s most impactful projects and programmes as we turn challenge into opportunity and complexity into success.
Our capabilities include programme, project, cost, asset and commercial management, controls and performance, procurement and supply chain, net zero and digital solutions.
We are majority-owned by CBRE Group, Inc., the world’s largest commercial real estate services and investment firm, with our partners holding a significant minority interest. Turner & Townsend and CBRE work together to provide clients with the premier programme, project and cost management offering in markets around the world.
Please visit our website: www.turnerandtownsend.com