Senior Cost Control Manager

Grand Hotel Excelsior

Job Ref: KMP-110453

Grand Hotel Excelsior Logo

Basis

Full-Time

Apply by

09-Nov-2026

Location

Floriana

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Job Purpose

The Senior Cost Control Manager shall be responsible for the overall commercial, contractual and financial management of the €60 million luxury five-star hotel refurbishment project.

Acting as the Client’s lead commercial representative, the Senior Cost Control Manager will provide strategic leadership across all quantity surveying, cost management, contract administration, change management and financial reporting functions. The role is accountable for safeguarding the Client’s commercial interests, ensuring robust financial governance and maintaining effective cost control throughout the project lifecycle.

The Senior Cost Control Manager will lead the project’s quantity surveying team, manage all commercial interactions with consultants and contractors, and work closely with the Senior Project Manager and the COO to ensure the project is delivered within the approved budget while maintaining the required quality, programme and contractual compliance.

Key Responsibilities

  • Commercial Leadership

    • Lead and manage all commercial and quantity surveying activities throughout the project lifecycle.

    • Develop and implement the project’s commercial management strategy.

    • Establish commercial procedures, controls and reporting systems.

    • Provide strategic commercial advice to the Senior Project Manager and the COO.

    • Lead, mentor and manage the commercial team, including the Senior Quantity Surveyor and Junior Quantity Surveyor.

    • Ensure consistency and accuracy across all commercial documentation and reporting.

    • Protect the Client’s commercial interests at all times.

  • Cost Planning and Budget Management

    • Develop and maintain the overall project budget.

    • Prepare detailed cost plans and cost breakdown structures.

    • Monitor expenditure against approved budgets.

    • Produce monthly cost reports and executive financial summaries.

    • Forecast final project costs and anticipated outturn values.

    • Prepare cash flow forecasts and monitor project commitments.

    • Manage contingency allowances and financial risk provisions.

    • Identify value engineering opportunities without compromising quality or programme.

  • Quantity Surveying

    • Lead all quantity surveying activities on behalf of the Client.

    • Review measurements and Bills of Quantities.

    • Verify contractor quantities and valuations.

    • Assess interim payment applications and recommend certification.

    • Prepare and review cost estimates.

    • Review subcontractor and supplier quotations where required.

    • Manage the preparation and agreement of final accounts.

    • Ensure all measurements and valuations are accurate and fully substantiated.

  • Contract Administration

    • Administer all construction and consultancy contracts.

    • Ensure compliance with contractual obligations.

    • Interpret contract conditions and advise the project team on contractual matters.

    • Prepare and issue contractual notices where required.

    • Maintain complete contractual records.

    • Manage contractual correspondence.

    • Advise on contractual risks and mitigation measures.

    • Support dispute avoidance and resolution.

  • Variations and Change Control

    • Establish and maintain the project change management process.

    • Assess all variation requests for cost and contractual implications.

    • Negotiate variation values with contractors and consultants.

    • Maintain a comprehensive variation register.

    • Monitor cumulative financial impacts of design development and scope changes.

    • Ensure all changes are properly authorised before implementation.

  • Claims Management

    • Assess contractor claims for additional costs and extensions of time.

    • Review contractual entitlement.

    • Prepare commercial recommendations.

    • Negotiate settlements where appropriate.

    • Maintain comprehensive claims records.

    • Support the resolution of disputes through negotiation and commercial management.

  • Procurement Support

    • Provide commercial support during the procurement of construction works and consultancy services.

    • Prepare tender documentation and pricing schedules.

    • Analyse tenders and prepare commercial evaluations.

    • Recommend contract awards based on commercial and financial assessments.

    • Review contractor and consultant fee proposals.

    • Support the COO in evaluating the commercial aspects of client-direct procurement where required.

Financial Reporting

  • Prepare and present:

    • Monthly commercial reports.

    • Budget status reports.

    • Cost forecasts.

    • Cash flow forecasts.

    • Cost-to-complete analyses.

    • Commitment schedules.

    • Variation summaries.

    • Claims registers.

    • Commercial risk reports.

    • Executive financial dashboards.

  • Provide regular financial updates to the Senior Project Manager and the COO.

Risk Management

  • Identify commercial and financial risks.

  • Maintain the commercial risk register.

  • Monitor market trends and cost escalation.

  • Assess contractual and procurement risks.

  • Recommend mitigation measures.

  • Monitor contingency utilisation.

Stakeholder Management

  • Liaise and coordinate with:

    • COO.

    • Senior Project Manager.

    • Architects.

    • Interior Designers.

    • Structural Engineers.

    • MEP Engineers.

    • Project Controls Manager.

    • Main Contractor.

    • Specialist Contractors.

    • Quantity Surveying Consultants.

    • Legal Advisors.

    • Hotel Operator.

  • Provide timely commercial advice and recommendations to support informed decision-making.

Governance and Compliance

  • Ensure compliance with the Client’s commercial procedures.

  • Maintain transparency and accountability in all financial matters.

  • Support internal and external audits.

  • Ensure accurate record-keeping and document management.

  • Promote best practice in commercial management.

Qualifications

  • Degree in Quantity Surveying, Construction Economics, Commercial Management or a related discipline or equivalent qualification.

  • Clear understanding of FIDIC contracts.

Experience

The successful candidate shall demonstrate:

  • Minimum 15 years’ experience in quantity surveying and commercial management.

  • Proven experience as Senior Cost Control Manager or Lead Quantity Surveyor on projects valued at €50 million or above.

  • Extensive experience in luxury hotel, hospitality or high-end commercial developments.

  • Strong knowledge of MEP installations, civil and structural works and high-end interior fit-out.

  • Proven experience administering construction contracts, including FIDIC or equivalent.