Alef Group is a pioneer in developing premier lifestyle communities, destinations, and experiences through investment and strategic joint ventures. As part of its continued growth, Alef Group is seeking an experienced Senior Manager - Cost Planning & Control (Bilingual/Native English Speaker) who is well-versed in establishing, leading, and governing all cost planning, cost management, and cost control activities across the company’s real estate development portfolio to join the team in Sharjah.
Immediate Joiner Preferred.
The Senior Manager – Cost Planning & Control is responsible for establishing, leading, and governing all cost planning, cost management, and cost control activities across the company’s real estate development portfolio. The role ensures cost certainty, value optimization, financial discipline, and commercial governance from early feasibility through design, procurement, construction, and final account close-out. This is a strategic, hands‑on leadership role, serving as the custodian of development budgets and the authority on cost‑related decision‑making across residential, commercial, retail, hospitality, and mixed‑use projects.
Key Accountabilities:1. Cost Planning & Development Feasibility
- Lead early-stage cost planning for land acquisition, feasibility studies, and business plans.
- Develop order‑of‑magnitute estimates, concept stage budgets, and benchmark‑based cost models.
- Validate project viability by aligning BUA, NSA, FAR, unit mix, specifications, and phasing with financial targets.
- Advise senior management on cost implications of design options, development density, and product positioning.
- Establish and maintain cost benchmarks for UAE market conditions across all asset classes.
- Prepare and approve master development budgets, including:
- Construction costs
- Infrastructure & enabling works
- Consultants & authority fees
- FF&E (where applicable)
- Contingencies and escalation
- Define budget approval authority levels and change control procedures.
- Ensure cost plans are fully aligned with approved business plans and funding assumptions.
- Lead cost control across all live projects, ensuring:
- Accurate cost reporting and forecasting
- Early identification of cost risks and overruns
- Transparent and timely reporting to senior management
- Establish standard monthly cost reports, cash flow forecasts, and variance analysis.
- Oversee change management, ensuring variations are properly evaluated, justified, and approved.
- Maintain strong control over final accounts and commercial close-out.
- Work closely with Procurement to define contracting strategies, packaging, and procurement sequencing.
- Review and validate tender estimates, tender returns, and contract awards.
- Ensure contracts align with approved budgets and risk profiles.
- Provide commercial input to procurement negotiations and value‑engineering initiatives.
- Lead and manage external cost consultants and commercial advisors.
- Define scopes of services, deliverables, and performance KPIs for cost consultants.
- Review and challenge consultant outputs to ensure accuracy, completeness, and alignment with developer objectives.
- Ensure consistency of cost management approaches across all projects.
- Drive structured value engineering workshops without compromising quality, brand, or long‑term asset value.
- Balance CAPEX optimization with lifecycle cost considerations.
- Support design teams in achieving cost-effective, buildable, and market‑appropriate solutions.
- Identify, quantify, and manage cost‑related risks throughout the project lifecycle.
- Maintain and…
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