Director, Cost Strategy

STACK Infrastructure

$192K — $216K *
Business Services
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's or associate's degree in construction, business, or technical discipline, or equivalent work experience.
  • 10+ years of experience in Preconstruction.
  • Proven experience in cost management or a related role in construction or infrastructure.
  • Strong communication, leadership, and problem-solving abilities.
  • Proficient in Microsoft Office, Bluebeam, OnScreen Takeoff, and industry standard estimating and scheduling software.

Responsibilities

  • Develop a historical cost database and reporting dashboards for key KPIs.
  • Lead initiatives to identify and implement cost-saving measures in the project lifecycle.
  • Regularly review budget portfolios and provide detailed cost reports to stakeholders.
  • Establish and maintain contingency plans for cost uncertainties.
  • Collaborate with vendors and contractors to negotiate favorable terms and pricing.
  • Analyze cost data to create innovative strategies for cost reduction while ensuring quality.
  • Coordinate cross-functional teams to devise strategies for locking in costs earlier in development.

Benefits

  • Comprehensive medical, dental, and vision insurance.
  • 401K program with employer contributions.
  • Flexible spending accounts and a cell phone subsidy.
  • Peer-to-peer recognition and rewards programs fostering a culture of appreciation.
  • Social events including game nights and barbecues.
Full Job Description
THE POSITION:

STACK is seeking a Director of Cost Strategies to own and manage the core functions of improving lifecycle cost through various channels. As the Director of Cost Strategies at STACK Infrastructure, you will play a pivotal role in the Preconstruction department, working closely with the Director of Preconstruction. You will be responsible for managing cost-related aspects of our projects, ensuring cost fidelity, implementing cost reduction strategies, and ensuring cost certainty throughout the project lifecycle. Your expertise will contribute to our commitment to delivering cost-effective, high-quality digital infrastructure solutions. Responsibilities include, but are not limited to:

MUST-HAVE QUALIFICATIONS:

Cost Fidelity:
  • Develop a historical cost database and reporting dashboards for key KPIs.
  • Coordinate with all functional groups for the implementation of a Global Work Breakdown Structure (WBS).
  • Develop and implement cost fidelity strategies in preconstruction, setting up all projects to track and control project costs effectively.
  • Regularly review budgets at the portfolio level and provide detailed cost reports to project stakeholders.

Cost Reduction:
  • Lead initiatives to identify and implement cost-saving measures across all phases of the project lifecycle.
  • Coordinate cross-functional teams with expertise in the various categories of the STACK BOD to develop ideas for cost savings.
  • Lead R&D efforts for a cost- and schedule-first approach to product development
  • Manage a group of stakeholders to drive decision making on cost savings ideas.
  • Analyze cost data and trends to develop innovative strategies for cost reduction while maintaining high-quality standards.
  • Collaborate with vendors, suppliers, and contractors to negotiate favorable terms and pricing.
  • Monitor and report on the effectiveness of cost reduction efforts, adjusting strategies as needed.

Cost Certainty:
  • Develop and implement cost certainty strategies to mitigate risks related to budget overruns and unforeseen expenses.
  • Establish and maintain contingency plans to address potential cost uncertainties.
  • Work closely with general contractors (GCs) to develop and implement strategies for locking in costs earlier in the development process with less information.

Competencies
  • Detail-oriented.
  • Strong analytical, creative thinking, and communications skills.
  • Ability to execute, process, and prioritize tasks with minimal-to-no supervision.
  • Ability to manage multiple projects and collaborate with internal staff, and external consultants, vendors, and other stakeholders.
  • Proficient in Microsoft Office product suite, Bluebeam, OnScreen Takeoff and industry standard estimating and scheduling softwares.

Education & Experience
  • Bachelor's or associate's degree in construction, business or technical discipline OR commensurate work experience
  • 10+ years of prior experience in Preconstruction
  • Proven experience in cost management, preconstruction, or a related role within the construction or infrastructure industry.
  • Excellent communication, leadership, and problem-solving abilities


Compensation Range:
$192,920.00 - $216,240.00

THIS MIGHT BE RIGHT FOR YOU IF:

  • You are a strong communicator, you are persuasive and clear, blending analytics with experience in decision-making.
  • You do not get flustered easily. You can juggle multiple priorities while balancing urgent requests with shifting timelines and deliverables.
  • You are a team builder. You take the time to understand and develop the strengths of your resources while formulating long-term plans for the growth and success of the team.
  • You are naturally curious and driven toward continual improvement. While you celebrate your successes, you take time to review and analyze campaigns for future learning.


WHY STACK?

  • We offer a competitive compensation package with strong benefits, including medical, dental, and vision insurance, a 401K program, flexible spending accounts - even a cell phone subsidy.
  • We foster a culture of appreciation, including peer-to-peer recognition and rewards programs.
  • Fun is part of our DNA, with events, game nights, happy hours, and barbecues.
  • We're growing - this is a great time to join and make an impact!


Note to external agencies: We are not accepting any blind submissions or resumes/cvs from recruitment agencies. Any candidates sent to STACK Infrastructure, Inc. will not be accepted or considered as a submission without a signed agreement in place. Fees will not be paid in the event a candidate submitted by a recruiter without an agreement in place is hired; such resumes will be deemed the sole property of STACK Infrastructure, Inc.

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