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 identifies opportunities within a project that add value and help successfully achieve the client’s desired project outcome. This role supports senior staff and delivers comprehensive cost management services throughout the project lifecycle, ensuring effective financial control, value optimization, and alignment with client objectives from inception through closeout.

Responsibilities

• Perform detailed cost estimating, budgeting, and cost planning across all project phases
• Prepare and issue periodic cost reports to senior technical staff for review and submission to the client
• Review the cash flow prepared by junior technical staff and issue 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
• Manage 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 where applicable
• Attend bi-weekly cost meetings to review procurement status and change order status with contractors and engineering teams
• Support value engineering initiatives to optimize cost efficiency while maintaining quality and scope
• Review contractor and vendor closeout documentation to ensure compliance with contractual requirements and successful project completion
• Contribute to team performance through collaboration and effective communication
• Understand client project objectives and proactively identify opportunities to enhance value and support successful outcomes
• Undertake additional responsibilities and duties as required to support overall team objectives

Requirements

• 4-year Degree in Quantity Surveying (QS), Construction Management, or a related field (preferred but not mandatory), plus four years of relevant experience
• Strong understanding of cost management principles, construction methods, and contract administration
• Proven ability to manage multiple projects and meet deadlines
• Highly articulate, with a clear and analytical approach to problem-solving and strong decision-making abilities
• People management experience
• Excellent communication and presentation skills
• Thorough understanding and ability to utilize Excel

Working Conditions

Primarily an indoor office environment. May require work on-site when necessary. Equipment used includes computers and standard office machines. Essential physical tasks include the ability to work on a computer and speak on a telephone.