Cost Manager

About the role

Lead the full-cycle cost management of complex construction projects from initial concept through project completion, ensuring robust cost controls are in place at every stage.

• Conduct scope definition workshops with stakeholders to develop accurate, comprehensive project budgets that reflect design intent and project requirements.
• Create, maintain, and update detailed cost plans and estimates aligned with each design phase, revising forecasts at key project milestones to reflect current information.
• Review design alternatives, emerging technologies, and construction means-and-methods to assess cost implications and ensure all estimates meet required accuracy standards.
• Develop and deliver lifecycle cost models and integrate benchmarking data to support informed, data-driven decision-making for project teams and stakeholders.
• Perform detailed evaluations of subcontractor change order requests to confirm alignment with contractual requirements and project scope, and recommend appropriate actions.
• Prepare and present monthly cost reports and risk assessments to internal and external stakeholders, clearly highlighting key variances, risks, and recommended mitigation strategies.
• Support monthly stakeholder meetings by providing clear financial content, data-driven insights, and expert commentary on project cost performance and trends.
• Produce and maintain detailed cash flow forecasts across the project lifecycle to support client financial planning and internal reporting requirements.
• Prepare comprehensive tender documentation for all trade packages, ensuring clarity, completeness, and alignment with project scope and commercial requirements.
• Manage the tender query process by responding to bidder questions, clarifying scope, and maintaining transparent communication throughout the procurement cycle.
• Perform detailed bid leveling and compliance reviews to compare proposals objectively and ensure all bids meet technical and commercial requirements.
• Produce formal Tender Recommendation Reports and lead trade package review meetings to support transparent, well-documented procurement decisions.
• Manage the monthly pencil requisition process, diligently review all variations, and support the project team in agreeing rolling and final accounts with subcontractors.
• Review and interpret contractual terms to recommend entitlements related to change orders, claims, and other commercial matters, protecting project and client interests.
• Coordinate directly with finance and accounting teams to ensure accurate financial reporting and full compliance with established financial controls and procedures.
• Analyze and report on local labor markets, union considerations, commodity price fluctuations, and tax impacts to inform project cost strategy and budget updates.
• Lead and mentor a team, providing direction and oversight to direct reports involved in cost management, financial tracking, and commercial administration.
• Take ownership of the financial and budgeting elements of the role, including projections, budget setup, pay applications, and milestone tracking, to ensure strong financial performance.
• Utilize project financial management tools and collaborative platforms to manage project financials, track changes, and maintain accurate, up-to-date cost information.

Requirements

• 10