Cost Control Manager

About the role

The Cost Control Manager is responsible for managing construction budgets from project inception through completion, ensuring continuous compliance with the construction contract documents including validation of potential change orders and associated costs.

Responsibilities

• Examine construction contract documents and ensure continuous compliance with the contract and relevant laws.
• Evaluate contractors' requests to award (RTA) to subcontractors, provide recommendations to the project management team for review, and monitor buyout savings.
• During the monthly review of the pay application, ensure that contractors' schedule of values aligns with the contract, verify the required monthly documentation, reconcile the project budget as needed, and inform the project management teams.
• Initiate purchase orders for vendors and ensure invoices comply with the agreed terms.
• Obtain detailed monthly cash flow projections from the contractor, reconcile projections with actual figures, and provide these projections to the capital and investment teams.
• Evaluate potential change order events by thoroughly reviewing contract documents and relevant cost information and offer well-informed recommendations to project management teams including substantiating claim positions.
• Maintain a log of potential change orders and their approximate costs, track approved change orders, manage the internal approval process for change orders according to the delegation of authority, and ensure review by the legal department as necessary.
• Support the finance team with the monthly loan draw process as required, including acquiring any necessary documentation from the contractor or its subcontractors.
• Conduct weekly and biweekly meetings with external construction managers, internal project management teams, and consultants to review pay applications, required documentation, and change order status. Ensure that all teams adhere to the specified review timelines.
• Manage third party change management or cost auditing teams that are assigned to the project.
• Mentor and support growth of internal Cost Engineers.

Requirements

• Bachelor’s degree in construction management, financing, or accounting; or relevant professional experience.
• Advanced knowledge in construction contract documents and change management.
• Proficiency in financial and project management software (e.g., Workday, e-Builder, Procore, Autodesk Construction Cloud).
• Ability to work within dynamic and diverse team and environment.
• Ability to lead and mentor others.
• Seven or more years of experience in construction or project management.

Nice to have

• Ten or more years of experience in construction or project management preferred.
• Prior experience in a leadership or management role a plus.

Total Rewards

• This role is also eligible for a competitive benefits package that includes medical, dental, vision, life, and disability insurance; 401(k) retirement plan; flexible spending and HSA accounts; paid holidays; paid time off; paid volunteer days; employee assistance program; tuition assistance; parental leave; military leave assistance; QTS scholarship for dependents; wellness program, and other company benefits.
• The role is bonus eligible and may be eligible for equity.

Company Values

• We are committed to working with and providing reasonable accommodations to individuals with disabilities.
• We prohibit retaliation against individuals who bring forth any complaint, orally or in writing, to the employer or the government, or against any individuals who assist or participate in the investigation of any complaint or discrimination claim.

Equal Opportunity Employer

We strongly encourage women, minorities, individuals with disabilities and veterans to apply to all of our job openings. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, gender identity, or national origin, age, disability status, Genetic Information & Testing, Family & Medical Leave, protected veteran status, or any other characteristic protected by law.