Cost Manager

About the role

The Cost Manager provides cost management services, including invoice validation, cost forecasting and reporting, change management, close-out administration, procurement management, earned value, and value engineering. The Cost Manager should be able to identify opportunities within a project that add value and help successfully achieve the client’s desired project outcome. The Cost Manager / Quantity Surveyor supports senior members of staff and delivers comprehensive cost management services throughout the project lifecycle. This role ensures effective financial control, value optimization, and alignment with client objectives from project inception through closeout.

Essential Functions

• Quantity Surveying:

  • Perform detailed cost estimating, budgeting, and cost planning across all project phases.
  • Prepares and issues periodic cost reports to senior technical staff for review and submission to the client.
  • Reviews the cash flow prepared by junior technical staff and issues to senior technical staff.
  • Identify and communicate cost risks and opportunities, recommending strategies to enhance project value.
  • Assist in administering change management processes, including evaluation, negotiation, and approval of change order requests.
  • Absorb and validate contractor and vendor invoices and applications for payment.
  • Support procurement activities, including preparation of RFP documentation, bid evaluation, and contract administration.
  • Provide overviews and reports to the client on contractor buyout of subcontract bid packages.
  • Attend bi-weekly cost meetings to review procurement status and change order status with the contractors and engineering teams.
  • Provide cost information on value engineering analysis.
  • Carry out an earned value analysis of the project on a periodic basis.
  • Review contractors' close out administration and ensure they meet their contractual requirements.
  • Ensure successful project completion by ensuring compliance with contractual requirements.

• Cost Estimating:

  • Prepares and issues periodic cost reports to senior technical staff.
  • Preparation of construction-related cost estimates, cost plans, and cost strategies.
  • Reviews the cash flow prepared by junior technical staff and issues to senior technical staff.
  • Reviews all change orders in accordance with the client’s approval process.
  • Reviews all invoices for the project and ensures that junior technical staff code the invoices where applicable and forwards them to the client’s accounts payable department.
  • Provides procurement services for the client, where applicable, for construction and engineering services, including preparing RFP and bid analysis.
  • Overviews and reports to the client on contractor buyout of subcontract bid packages.
  • Attends the bi-weekly cost meetings to review procurement status and change order status with the contractors and engineering teams.
  • Provides cost information on value engineering analysis.
  • Carries out an earned value analysis of the project on a periodic basis.
  • Reviews the contractors' close out administration and ensures that they meet their contractual requirements.

Minimum Education (or substitute experience)

A 4-year Degree in Quantity Surveying (QS), Construction Management, or a related field is preferred but not mandatory, or a related field, plus four years or relevant experience. Strong understanding of cost management principles, construction methods, and contract administration. Proven ability to manage multiple projects and meet deadlines. Must be highly articulate, have a clear and analytical approach to problem solving, and strong decision-making abilities. Must have people management experience. Must have excellent communication and presentation skills. Must thoroughly understand and utilize Excel.

Physical Requirements And Working Conditions

Indoor office environment. May require work on site location when necessary. Equipment used includes computers and standard office machines. Essential physical tasks include: the ability to work on a computer and the ability to answer and speak on a telephone.

Benefits

RLB is an Equal Opportunity Employer. This company does not and will not discriminate in employment and personnel practices based on race, sex, age, handicap, religion, national origin or any other basis prohibited by applicable law. Hiring, transferring and promotion practices are performed without regard to the above listed items.