Cost Manager

Rider Levett Bucknall

$74K — $98K *
Real Estate & Construction
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Construction, Quantity Surveying or a related field
  • 4 years of relevant cost management experience or equivalent
  • Articulate and analytical problem solver
  • Strong people management experience
  • Excellent communication and presentation skills
  • Proficient in Excel

Responsibilities

  • Prepare and issue periodic cost reports to senior staff
  • Create construction-related cost estimates and strategies
  • Review cash flows from junior staff and present to senior staff
  • Evaluate change orders with minimal supervision
  • Check invoices and ensure proper coding by junior staff
  • Provide procurement services and prepare RFPs whenever applicable
  • Oversee contractor bid package buyouts and report to the client
  • Attend bi-weekly cost meetings to discuss procurement and change orders
  • Conduct earned value analysis periodically with minimal supervision
  • Ensure contractors meet close-out contractual requirements
  • Collaborate and communicate effectively to enhance team performance
  • Identify value-adding opportunities to achieve client project outcomes

Benefits

  • Collaborative work environment
  • Opportunities for professional development
  • Employee engagement through regular meetings
  • Work on diverse projects
  • Potential flexibility in working conditions
Full Job Description
Title: Cost Manager
Reporting to: Office Director

Salary Range: $74,500 - $98,000
Overview of 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 have the ability to identify opportunities within a project that will add value and help successfully accomplish the client's desired project outcome.

Essential Functions:
  • 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
  • With minimal supervision, reviews all change orders in accordance with the client's approval process
  • Reviews all invoices for the project and ensures that junior technical staff codes the invoices where applicable and forwards them to the client's accounts payable department
  • With minimal supervision, provides procurement services for the client, where applicable, for construction and engineering services, including preparing RFP and bid analysis
  • Where applicable, 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
  • With minimal supervision, provides cost information on value engineering analysis
  • With minimal supervision, 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
  • Contributes to team performance by collaboration and effective communication.
  • Contributes to and understands the clients desired project outcomes, identifies opportunities to add value to accomplish the desired outcomes.
  • Adds to team effort by accomplishing other duties as assigned.

Minimum Requirements:
  • Bachelor's degree in Construction, Quantity Surveying or a related field.
  • 4 years of relevant cost management experience or an equivalency of experience.

Preferred Qualifications:
  • Must be highly articulate, have 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.

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