Profitability & Cost Management Manager

Position Overview

We are seeking a highly motivated and strategic Profitability & Cost Management Manager to join our dynamic team. In this pivotal role, you will play a critical part in driving financial efficiency and ensuring the successful execution of construction projects by overseeing costing, budgeting, and contract administration activities. Your expertise will be instrumental in aligning project development with organizational objectives while maintaining rigorous financial controls and optimizing resource utilization. This position offers an exciting opportunity to shape financial strategies, mentor a high-performing team, and contribute to the long-term success of our business.

Key Responsibilities

The Profitability & Cost Management Manager will be responsible for a wide range of financial and operational duties, including:

• Financial Governance & Process Optimization:
  • Develop, implement, and oversee robust policies, procedures, and internal controls to ensure compliance with statutory and regulatory requirements while delivering high-quality, cost-effective solutions;
  • Lead continuous improvement initiatives to enhance the function’s systems, processes, and practices, incorporating industry best practices and adapting to evolving business environments;
  • Establish and manage Service Level Agreements (SLAs) with internal stakeholders to foster accountability and streamline cross-functional collaboration.
• Team Leadership & Talent Development:
  • Cultivate a culture of excellence, accountability, and professional growth within the team by providing mentorship, guidance, and development opportunities;
  • Recruit, onboard, and develop top-tier talent, ensuring the team is equipped to handle increasingly complex responsibilities;
  • Set clear performance objectives, conduct regular evaluations, and provide constructive feedback to drive individual and collective success;
  • Foster open communication channels, ensuring transparent top-down directives and bottom-up feedback to senior leadership.
• Cost Management & Financial Analysis:
  • Conduct detailed cost evaluations, extract precise quantities, and perform financial modelling to accurately forecast material and equipment requirements;
  • Collaborate with design teams to interpret project briefs and translate technical specifications into comprehensive cost plans and estimates;
  • Perform financial modelling, cost-benchmarking, and lifecycle cost analysis to identify optimization opportunities and maintain an internal repository of benchmark data;
  • Monitor project budgets during the construction phase, prepare periodic cost reports, and ensure adherence to financial targets;
  • Support the preparation of feasibility studies and design proposals by providing critical insights on cost viability and alignment with business objectives.
• Contract Administration & Stakeholder Engagement:
  • Assist in the preparation and review of tender documentation, ensuring compliance with contractual conditions and industry standards;
  • Provide expert guidance to project teams on financial and cost-related matters, acting as an internal subject matter resource;
  • Monitor market trends and industry developments, recommending strategic cost optimization measures to senior management;
  • Facilitate cost reviews throughout the project lifecycle, adjusting budgets in response to design iterations, timeline changes, or other influencing factors.

Stakeholder Collaboration

This role requires close collaboration with a diverse range of internal and external stakeholders to ensure seamless project execution and financial integrity:

• Internal Relationships: Work closely with all departments across the organization to align financial strategies with operational goals and project deliverables;
• External Relationships: Engage with third-party contractors, design firms, manpower providers, government regulators, and utility companies to ensure compliance, mitigate risks, and optimize cost structures.

Qualifications & Experience

To excel in this role, candidates must meet the following criteria:

• Education: A Bachelor’s degree in Finance, Accounting, or a related field is required. A Master’s degree in Business Administration (MBA) or equivalent is highly desirable;
• Professional Experience: Minimum of 7 years of progressive experience in Real Estate or a related industry, with at least 2 years in a managerial capacity;
• Technical Skills: Proficiency in financial modelling, cost analysis, and budget management, with a strong understanding of construction industry dynamics;
• Leadership & Soft Skills: Exceptional leadership abilities, strategic thinking, and strong communication skills to influence stakeholders at all levels;
• Analytical Mindset: A data-driven approach to problem-solving, with the ability to interpret complex financial data and translate it into actionable insights.

If you are a results-oriented professional with a passion for financial excellence and a track record of driving cost efficiencies in high-stakes environments, we invite you to apply and contribute to our organization’s continued growth and success.