Senior Cost Manager

Rider Levett Bucknall

$123K — $163K *
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 4-year degree in Construction Management, Structural Engineering, Architectural Engineering, Cost Estimating, or related field
  • 5-10 years of experience in construction cost estimating for various building types
  • Experience with program, conceptual, schematic, design development, and construction document stages
  • Some knowledge of MEP estimating
  • AACE International and/or Certified Cost Professional certification preferred

Responsibilities

  • Review construction plans/specifications and prepare detailed estimates
  • Prepare cost strategy estimates and value engineering options
  • Conduct independent post-contract estimates, highlighting differences from contractor estimates
  • Lead specific projects within the Estimating Team
  • Compile and analyze cost-influencing data like materials and labor
  • Evaluate cost estimating deliverables for cost containment
  • Forecast project costs and changes accurately

Benefits

  • Opportunities for professional development and training
  • Collaborative team environment
  • Engagement in diverse construction projects
  • Participation in client meetings and design workshops
  • Potential for mentorship responsibilities
Full Job Description
Title: Senior Cost Manager

Reporting to: Office Director

Salary Range: $123,000 - $163,500

Overview of Role

The Senior Cost Manager is responsible for oversight of cost estimation and adhering to the company's quality standards and the client's satisfaction. Employees in this position will interface with clients, consultants, and designers to achieve the project's goals and ensure that all project activities are consistent with Company policy. The Senior 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:
• Review construction plans and specifications during preconstruction to complete quantity take-offs and prepare estimates for all architectural, structural, and civil scopes from schematic through final design for new construction and renovation projects
• Prepare value engineering, cost option and cost strategy estimates
• Prepare independent post contract estimates, including reporting differences in scope, quantities, and pricing from contractor's estimate
• Work as integral part of our Estimating Team to perform plan and specification analysis, takeoff, and pricing of various types of construction projects
• Acts as lead individual for specific projects
• Review estimates prepared by Estimating Team, prior to supervisor final review
• Compiles and analyzes data on all factors that influence costs, such as material, labor, equipment, and profit margins
• Evaluates cost estimating deliverables prepared by architects and engineers, for cost containment
• Acquires and evaluates historical and vendor cost data for the development of cost estimates and price recommendations
• Accurately forecasts costs of future projects and changes to existing projects
• Prepares technical evaluations, cost estimating draft reports, memos, and letters and presents recommendations to management and client
• Attend client meetings
• Participate in design charrettes and design workshops, including presenting estimates to the client and AE team
• Participate in Value Engineering studies, reconciliations, and negotiations with contractors
• Prepare valuations of work in progress reports from contractor draw requests
• Undertake other cost-related tasks as directed by supervisor, including review of estimates prepared by others
• Assist with training and mentoring others
• 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.

The ideal candidate will demonstrate a positive proactive approach to the role and will be committed to delivering customer service excellence.
• Minimum Education (or substitute experience) required: 4-year college degree in Construction Management, Structural Engineering, Architectural Engineering, Cost Estimating or equivalent recognized technical qualification.
• Minimum Experience required: 5-10 years' relevant experience in construction cost estimating of a variety of building types from program, conceptual, schematic, design development and construction document stages of design in elemental and CSI format for all architectural, structural, and civil components of new construction and renovation projects. Some MEP estimating experience preferred. AACE International and/or Certified Cost Professional preferred.
• Knowledge and understanding of execution of cost management services; good planning, organization, and communication skills essential. Understanding of technical and non-technical documents related to cost management services required. Knowledge and use of industry-estimating software and Microsoft Office software programs.

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