Quantity Surveyor
Quantity Surveyor
Fawley, STH, GB, SO45 1TX
Fawley, STH, GB, SO45 1TX
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The position holder is employed as a Quantity Surveyor for a major Oil and Gas Client and is responsible for delivering accurate cost estimation, cost control, and commercial management throughout the project lifecycle. The role combines estimating responsibilities with cost engineering and reporting, ensuring projects are delivered within budget and contractual compliance.
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- Perform take-offs from scope of work packages and isometric drawings using specified methods of measurement.
- Prepare Basis of Estimates (BoE), documenting assumptions, methodology, and logic.
- Work with planning and operations teams to determine progress and produce Earned Value Analysis and project control metrics.
- Develop and maintain cost reports, forecasts, and variance analysis to support improved cost control and recovery.
- Provide value of work done summaries, revenue and cost forecasts, and advise on progress against budgets.
- Support Delivery Managers with commercial aspects of contracts through early interrogation of financial and cost data.
- Assist in identification and management of contract variations and claims.
- Ensure visibility of Contract Financial Performance, including preparation of monthly management account elements.
- Conduct audits and reviews to identify and implement commercial improvements.
- Ensure compliance with company policies, processes, and contractual terms.
- Interface with internal teams (Business Managers, Accounts, Procurement, Tendering) and clients on commercial and financial matters.
SPECIFIC TASKS:
- Produce weekly and monthly reports for clients and internal stakeholders, highlighting progress against budgets and costs to complete.
- Analyse variances and recommend corrective actions (e.g., revised estimates or variation orders).
- Collate and validate budgeting and forecasting information for dependability.
- Set up job/phases in company database and facilitate inter-department communication for new projects.
- Review invoices for completeness and correctness prior to client submission.
- Prepare valuations, annual rate uplifts, and assist in contract renegotiations.
- Identify areas of commercial weakness and implement improvements.
- Share lessons learned across contracts and standardize reporting techniques.
- Prepare/review commercial elements of business cases.
- Interface with Procurement for project-specific requirements outside master agreements.
- Monitor KPI performance and recommend actions to optimize financial return.
- Assist in purchase vs. hire decisions for equipment.
- Perform reconciliation exercises and provide detailed analysis of completed projects for continuous improvement.
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Key Skills & Competencies
- Strong knowledge of estimating techniques, cost control, and commercial management.
- Proficiency in Earned Value Analysis, forecasting, and variance analysis.
- Ability to interpret technical drawings and scopes for accurate take-offs.
- Excellent communication and stakeholder management skills.
- Advanced Excel and cost management software skills.
Job Segment:
Procurement, Surveyor, Database, Engineer, Operations, Engineering, Technology