Director, Cost Management

$152K — $213K *
Real Estate & Construction
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • BS in Construction, Cost & Commercial Management, Engineering, Quantity Surveying, or related field
  • 9-12 years of experience in Cost & Commercial Management
  • 5+ years of leading client expectations and managing a business unit
  • Professional accreditation such as MRICS, AssocRICS, CCP, CEP, CPE or equivalent
  • Strong fiscal acumen and managerial abilities

Responsibilities

  • Lead and supervise the Cost & Commercial Management team on various projects
  • Consult with executive-level clients to prioritize their needs
  • Increase service offerings and develop new revenue streams
  • Participate in team recruitment and development
  • Prepare fee proposals and negotiate contracts
  • Oversee quality assurance for project cost estimates
  • Report on fiscal performance and set strategies for business development

Benefits

  • Medical insurance
  • Dental insurance
  • Vision insurance
  • 401(k) plan
  • 401(k) matching
  • Paid time off
  • Paid holidays
  • Short and long-term disability
  • Employee Assistance Program
Full Job Description

The Director, Cost & Commercial Management leads, assembles, and supervises the Cost & Commercial Management team on projects for our Los Angeles office and or across a major client program. The Director is responsible for recruitment, training, and development of the team, leads in new business planning, and demonstrates strong fiscal acumen in the management of their assigned business profit center or client. This position also prepares Fee Proposals, negotiates Professional Services Agreements, and prepares and provides quality assurance to project cost estimates. The Director has strong fundamentals and is a recognized leader in the provision of Cost & Commercial Management. This role also participates in thought leadership in their market and has the ability to manage complex accounts and projects, and may have up to five direct reports up to Senior Cost Manager and Associate Director level.

Essential Duties & Responsibilities:

  • Consult executive level existing clientele, showcasing the services that have made Cumming an industry leader by consistently making client needs top priority.

  • Increase services to existing clientele by providing solutions to their issues and develop new revenue generating business.

  • Actively participate in the recruitment and development of diverse and talented team members.

  • Partner with other Cumming service line leaders with the goal of providing an integrated project approach to clients and setting Cumming apart from competitors.

  • Prepare fee proposals and negotiate professional services agreements.

  • Provide quality assurance to cost estimates before submittal to clients.

  • Provide suggestions to Cumming senior leadership on cost management operations as well as company, regional, and sector goal setting.

  • Oversee quality of team output and coach for excellent performance.

  • Vigorously grow revenue in diverse service offering or markets.

  • Accountable for fiscal performance in accordance with company goals.

  • Provides timely business reporting for forecasts, and others as required.

  • Interprets company results and P&L for area of responsibility and provides reporting to senior management.

  • Mentors and leads team development.

  • Approves invoices and pursues, with F&A, Accounts receivable.

  • Sets strategy for business development and marketing.

  • Provide organizational leadership in area of responsibility.

  • Other duties as assigned.

  • Attendance at work during normal business hours.

Knowledge & Skills Required:

  • Emerging leadership skills and client responsiveness.

  • Provide input on functional strategies and lead execution by designing programs.

  • Proactively influence changes; thinking through issue trends and scalable solutions that further organizational goals.

  • Identify and drive accountabilities.

  • Nurture regional/global team member and client relationships.

  • Identify resources to keep current and network externally.

  • Mentor/develop key team members (may be outside the chain of command).

  • Demonstrate solid managerial abilities.

  • Proven business development growth skills.

Preferred Education and Experience:

Education: BS in Construction, Cost & Commercial Management, Engineering, Quantity Surveying, or related field

Experience: 9 to 12 years in Cost & Commercial Management; 5+ years leading client expectations and managing a business unit.

Preferred Certification: Professional accreditation 6 MRICS, AssocRICS, CCP, CEP, CPE or equivalent

#LI-DT1

The salary range for this full-time role is $152,800.00-$213,933.36 per year. Ranges are determined based on the position, geography, client and industry experience and level, and represent a good faith effort to provide a fair and equitable salary. This range reflects base salary only, and not the total compensation package. Cumming Group reserves the right to pay more or less than the posted range, depending on a candidates experience, skills, and qualifications, including client requirements.

In addition to base salary, Cumming Group offers a comprehensive benefits package including:

  • Medical
  • Dental Insurance
  • Vision Insurance
  • 401(k)
  • 401(k) Matching
  • Paid Time Off
  • Paid Holidays
  • Short and long-term disability
  • Employee Assistance Program

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