Cost Manager

Responsibilities

• Advising client on strategies
• Managing prequalification of vendors
• Assessing proposals, bids, and bid levelling documents
• Making final recommendations to the client
• Attending & chairing bid interviews
• Managing appointment process
• Managing estimating services for full project
• Developing project estimates (relating to construction, fees, direct work and other costs)
• Reviewing estimations prepared by junior team members
• Presenting estimates to client
• Presenting value engineering recommendations and risk assessments to client
• Meeting with vendors to review, validate, and challenge costs
• Reviewing estimates by utilizing benchmark data collected from other projects
• Managing cost reporting
• Establishing reporting schedule
• Reviewing & presenting cost reports and forecasts
• Reviewing project budget & spend forecast with the client
• Developing & maintaining commercial risk register
• Hosting periodic meetings with project team & vendors
• Managing cost control process
• Reviewing payment application assessments prepared by junior team members
• Liaising with project managers to recommend contractor entitlements
• Reviewing requests for change orders from vendors & making recommendations to client
• Using dispute prevention/management/resolution procedures to manage payment requisitions, change orders, and contractual disputes
• Managing & monitoring invoicing process
• Benchmarking performance against other successful commissions
• Managing all facets of the final accounting process and post contract audits and account close outs
• Holding post-contract reviews with the client to establish a lesson learned document and apply lessons to create training manual
• Developing procedures governing handover of project

Qualifications

• Bachelor’s degree in construction management, cost management, quantity surveying, engineering or field related to construction
• Minimum 3-5 years of relevant experience working in a cost management role in the construction industry
• RICS accredited or working towards it is valuable
• Experience supporting cost management on medium or large sized construction projects
• Construction consultancy experience is strongly preferred
• Good knowledge of construction industry technical matters, such as different procurement routes, value management, and value engineering
• Strong communication skills