(1150) Manager: Contracts and Cost Management - CSD

Brief description

The main purpose of this position is to manage the Contracts and Cost Management Section, ensuring a consistent and professional approach to the delivery of construction projects and programmes that are on time, within scope and in line with quality, risk and cost requirements at the South African Reserve Bank (SARB).

Detailed description

The successful candidate will be responsible for the following key performance areas:

• Lead the Contracts and Cost Management Section, ensuring a consistent and professional approach to the delivery of construction projects and programmes within time, scope, quality, risks and cost.
• Oversee construction project and programme contracts and costs to ensure finances and contracts are well managed.
• Develop and maintain the contract and cost management strategies in line with the corporate real estate procurement strategies and best practices, ensuring continuous improvement in all processes.
• Contribute to the development of the division’s operational plan and manage the implementation thereof in the Contracts and Cost Management Section.
• Develop and implement the operational plan for the Contracts and Cost Management Section.
• Define, embed and manage the implementation of contracts and cost controls as well as governance practices for construction projects and programmes.
• Develop and guide the implementation of contract and cost management frameworks and processes for construction projects and programmes, and facilitate effective governance structures.
• Act as the custodian of corporate real estate contracts and cost management, serving as the central point of contact for project and programme governance, documentation, information and stakeholder management.
• Fulfil the line management function pertaining to the development and performance of the Contracts and Cost Management team.
• Report on progress related to the contracts and costs of construction projects and programmes, ensuring alignment with prioritisation plans, management of information, financial and contracts reporting and resource planning.
• Oversee financial reporting while ensuring that the projects and programmes comply with corporate financial, risk and contract processes.
• Oversee the management of cross-programme dependencies to ensure that construction projects and programmes are prioritised in accordance with the approved budget.
• Manage the development of contract and cost close-out reports as well as lessons learnt reports.
• Oversee internal and external stakeholder relationships relating to the management of corporate real estate.
• Collaborate with cross-functional teams to integrate sustainable practices into core business functions.

Job requirements

To be considered for this position, candidates must be in possession of:

• an Honours degree (NQF8) in the Built Environment, Construction Project Management, Quantity Surveyor or an equivalent qualification;
• professional registration with the South African Council for the Quantity Surveying Profession (SACQSP) or South African Council for the Project and Construction Management Professions (SACPCMP); and
• eight to 10 years of experience in a cost and project management environment, with at least five years managing programmes and projects valued at over R500 million as well as five years in a people management role.

Additional requirements include:

• cultivating self-awareness;
• developing interpersonal effectiveness;
• building and maintaining trust;
• acting with empathy and compassion;
• developing and empowering teams;
• fostering diversity and inclusion;
• creating and driving purpose;
• leading cohesive teams through effective communication;
• fostering collaboration;
• leading change;
• managing complexity and ambiguity; and
• driving digital dexterity and fluency.

About SARB

 

Primary mandate of the SARB

 

Section 224 of the Constitution of South Africa states the mandate of the SARB as follows:

The primary object of the South African Reserve Bank is to protect the value of the currency in the interest of balanced and sustainable economic growth in the Republic.

The South African Reserve Bank, in support of its primary objective, must perform its functions independently and without fear, favour or prejudice.

 

WHAT WE DO

 

Monetary Policy

 

The Constitution gives the SARB the mandate to protect the value of the rand. We use interest rates to keep inflation low and steady.

 

Financial Stability

 

The SARB has a mandate to protect and enhance financial stability. We identify and mitigate systemic risks that might disrupt the financial system.

 

Prudential Regulation

 

The Prudential Authority regulates financial institutions and market infrastructures to promote and enhance their safety and soundness, and support financial stability.

 

Financial Markets

 

Open market operations are the main tool we use to implement monetary policy. We manage South Africa’s gold and foreign exchange reserves.

 

Financial Surveillance

 

The SARB is responsible for regulating cross-border transactions, preventing the abuse of the financial system and supporting the regulation of financial institutions.

 

Payments and Settlements

 

The SARB is responsible for ensuring the safety and soundness of the national payment system, which is the backbone of South Africa’s modern financial system.

 

Statistics

 

The SARB provides important economic and financial statistics that present an overview of the economic situation in South Africa.

 

Research

 

Research conducted by the SARB focuses on economics, financial stability, banking and emerging trends in finance. Our research supports policy decision-making.

Banknotes and Coin

 

The SARB has the sole right to make, issue and destroy banknotes and coin in South Africa.