Strategic Construction QS: Profitability&Risk Lead, Johannesburg
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Johannesburg, South Africa
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Posted: less than a week ago
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JOB DETAILS Department: Construction | Report to: Construction Team Lead | Reportees: TBD | Location: Johannesburg, South Africa | Contract Type: Permanent
DUTIES&RESPONSIBILITIES
Assess Project Profitability and Commercial Viability:
Review new and active construction deals to assess contract value, cost structure, pricing, margins, remaining works, cash flow capacity and overall commercial viability. Identify whether a project has sufficient financial strength to support funding, delivery and repayment.
Maintain Project Profit, Cost and Margin Trackers:
Maintain accurate trackers showing certified amounts, claims submitted, costs incurred, material purchases, remaining works, projected costs, estimated profit, margin movement and commercial risks. Ensure trackers are updated regularly and provide a clear view of each project's financial position.
Quantify Work Done and Assess Project Progress:
Quantify work completed using BOQs, progress reports, site feedback, photos, payment certificates, claims and supporting documents. Assess whether reported or claimed progress is reasonable, measurable and aligned to actual completion stage.
Analyse Payment Certificates, Claims and Drawdown Requests:
Review draft and approved payment certificates, progress claims, budgeted requests, invoices, quotes and supporting documents to assess whether amounts claimed are reasonable, properly supported and aligned to work done and contract terms. Flag overclaims, unsupported items, retention issues, discrepancies or certification risks.
Prepare Projections and Identify Commercial Risks:
Use material purchases, supplier quotes, planned works, remaining BOQ items and programme information to project future costs, expected claims, required funding, cost‑to‑complete, remaining margin and cash flow pressure points. Identify risks such as margin erosion, cost overruns, underpricing, delayed certification, unpaid claims, disputes or completion risk.
Conduct Site Visits and Provide QS Reporting:
Attend project sites when required to verify progress, assess work done, inspect materials on site, capture supporting photos and videos and provide QS‑based feedback. Prepare weekly reports covering project profitability, progress, claims, certificates, costs, projections, outstanding information, site findings and key risks using the approved reporting format.
EXPERIENCE, QUALIFICATIONS&SKILLS
Educational Qualification:
A BSc or B.Tech in Quantity Surveying or an equivalent recognised qualification is essential. Membership of or progress towards ASAQS or SACQSP registration is advantageous.
Relevant Experience:
A minimum of 3 years' post‑qualification experience in construction quantity surveying, cost management or a directly related commercial role. Exposure to a construction lending, project finance or funder‑side QS environment is a strong advantage.
Technical Proficiency:
Demonstrated ability to review and analyse BOQs, payment certificates, progress claims and cost reports. Competency in preparing cost‑to‑complete projections and maintaining financial trackers across multiple concurrent projects.
Commercial Awareness:
Strong understanding of construction contract mechanics, margin risk, cost overrun dynamics and certification processes. Ability to translate QS findings into clear commercial risk recommendations for a credit or funding audience.
Reporting and Communication Skills:
Ability to produce structured, accurate and concise weekly QS reports. Confident communicating findings to internal stakeholders, including credit and construction teams, in writing and verbally.
Attention to Detail and Integrity:
Rigorous and methodical approach to claim verification, cost tracking and site evidence capture. Committed to accurate, honest reporting— even when findings are commercially inconvenient.
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Company nameSourcefin
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Job positionStrategic Construction QS: Profitability&Risk Lead
Strategic Construction QS: Profitability&Risk Lead has been posted in the Johannesburg Construction & Manufacturing category on Locanto.
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