Property Project Cost Manager

Citizens Bank

$95K — $138K *
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in a related field or equivalent practical experience.
  • 5+ years managing commercial construction or facilities projects with vendor oversight.
  • Experience working on multiple concurrent projects in occupied environments.
  • Strong knowledge of construction standards and practices.
  • Proficient in estimating software for cost assessment.
  • Ability to read and interpret architectural and engineering drawings.

Responsibilities

  • Develop and manage early-stage Rough Order of Magnitude estimates.
  • Prepare and validate detailed cost estimates for major construction trades.
  • Ensure financial viability through forecasting and budgeting.
  • Lead evaluations of change orders and manage cost control efforts.
  • Perform estimate versus actual cost analysis for senior leadership insight.
  • Maintain cost databases and adjust for market trends.
  • Support stakeholder management through effective communication and coordination.

Benefits

  • Comprehensive medical, dental, and vision coverage.
  • Retirement benefits with employer contribution.
  • Maternity and paternity leave policies.
  • Flexible work arrangements to support work-life balance.
  • Education reimbursement for professional development.
  • Wellness programs promoting health and well-being.
Full Job Description
Job Description

Description

As the Property Project Cost Manager, the incumbent is responsible for overseeing property related projects and operations within an organization. This role involves managing the planning and support of project delivery, such as renovations, expansions, or relocations. They collaborate with various stakeholders, including internal teams, contractors, and vendors to ensure successful project outcomes. The role also calls for independent cost guidance, risk insight, and program-level oversight, enabling effective project delivery of initiatives such as renovations, relocations, reconfigurations, and new builds. Working in close partnership with project managers, leadership, vendors, and cross-functional teams, this role ensures alignment between scope, budget, schedule, and organizational goals.

Responsibilities

While receiving a moderate level of guidance and direction, the incumbent is responsible for developing and managing the following tasks:
  • Early-stage Rough Order of Magnitude (ROM) estimates using benchmarks, cost-per-square-foot metrics, and historical data.
  • Prepare and validate detailed cost estimates across all major construction trades, leveraging drawings and historical cost intelligence.
  • Ensure projects remain financially viable through accurate forecasting, budget development, and cost alignment with strategic priorities.
  • Lead change order evaluation and cost control efforts, including scope validation, pricing analysis, and impact reporting.
  • Perform estimate vs. actual cost analysis, delivering actionable insights to senior leadership.
  • Maintain and enhance cost databases, adjusting for market trends and regional variations.


The incumbent will support stakeholder management, which includes collaborating with internal teams, contractors, and vendors to ensure effective communication and coordination and the management of stakeholder relationships.

The responsibilities pertaining to risk management may include identifying project risks related to cost, constructability, schedule, and site conditions, and develop mitigation strategies. Participate in site selection and feasibility assessments, evaluating cost exposure, constraints, and optimization opportunities. Provide guidance on permitting, utilities, and regulatory considerations impacting cost and delivery timelines.

Qualifications, Education, Certifications and/or Other Professional Credentials
  • Bachelor's degree in Construction Management, Engineering, Architecture, Business, or a related field (or equivalent practical experience).
  • 5+ years of experience managing commercial construction and/or facilities projects, including multiple concurrent projects, vendor/contractor oversight, and delivery in occupied/open retail environments (construction while open).
  • Knowledge and experience with construction standards and practices
  • Proficiency with estimating software
  • Read and understand SDs, DDs, CDs, related to commercial construction and MEPs
  • Travel: 25-50%, including occasional overnights.


Pay Transparency

The salary range for this position is $95,000.00-$138,000.00 per year. Actual pay is based on various factors including but not limited to the budget, work location, and relevant skills and experience.

We offer competitive pay, comprehensive medical, dental and vision coverage, retirement benefits, maternity/paternity leave, flexible work arrangements, education reimbursement, wellness programs and more. Note, Citizens' paid time off policy exceeds the mandatory, paid sick or paid time-away policy of every local and state jurisdiction in the United States. For an overview of our benefits, visit https://jobs.citizensbank.com/benefits.

Similar Jobs

More Jobs at Citizens Bank

More Real Estate & Construction Jobs

  • Contracts Manager
    Bridging Pennsylvania Constructors
    Pittsburgh, PA 15286 (Allegheny County)
  • Project Architect
    One Source of NC, LLC
    Durham, NC 27703 (Durham County)
  • Construction General Superintendent
    $80K — $150K *
    Confidential Company
    Clarence, NY 14031 (Erie County)
  • Civil Designer IV
    $88K — $105K *
    Hargrove Engineers and Constructors
    Houston, TX 77084 (Harris County)
  • Civil Engineer III
    $125K — $150K *
    Hargrove Engineers and Constructors
    Baton Rouge, LA 70816 (East Baton Rouge County)

Find similar Property Project Cost Manager jobs: