Role Overview
As a Cost Manager, you are expected to manage the core functions of cost management services for construction projects, ensuring cost control and quality objectives are met. You are expected to ensure that client objectives are met through the delivery of an effective cost management service and foster a collaborative and high-performing project environment.
Key Responsibilities
Team Leadership & Development
- To take line management responsibilities and develop cost managers and team members through structured guidance, feedback, and performance reviews.
- Hold the highest level of professional integrity and business ethics.
- Foster a collaborative and high-performing team culture that supports continuous learning and professional growth.
- Motivate team members, and drive towards positive client outcomes and meet deadlines in a fast-paced environment.
- Responsible to manage the team’s resource against the business pipeline and projects
- Conduct interviews for vacant positions in line with the company’s recruitment process and resource requirements
- Critically analyze, challenge and brainstorm project requirements and deliverables, in order to find creative solutions and alternatives on behalf of clients.
Client & Stakeholder Engagement
- Lead multidisciplinary project teams including clients, consultants, contractors, and suppliers.
- To act as the key, day to day client interface, ensuring that client objectives are met through the delivery of a value-added cost management service.
- Facilitate effective communication and collaboration across all stakeholders through structured meetings, reporting, and documentation.
- Build and maintain strong relationships with internal and external stakeholders to ensure alignment and successful project outcomes.
Project Strategy & Planning
- Develop and lead cost benchmarks to support the overall project execution strategy, defining critical success factors and key performance indicators (KPIs).
- Critically analyze, challenge and brainstorm project requirements and deliverables, in order to find creative solutions and alternatives on behalf of clients.
- Establish robust cost reporting structures and control mechanisms.
Project Controls & Reporting
- Act as Commission Manager, taking responsibility for end to end service delivery, often with respect to large or complex commissions or multiple commissions.
- Managing estimating and cost planning activities to include taking ownership of and presenting the final revisions of cost plans.
- Ensuring the production of monthly post-contract cost reports and presenting them to the client.
- Leading value engineering and life cycle costing exercise.
- Implement and maintain cost controls mechanisms incorporated into projects’ schedule, cost, risk, and change management.
Financial and Risk Management
- Monitor project budgets and financial performance in collaboration with cost management team.
- Analyze cost drivers, manage variations, and report financial progress against budget.
- Lead commercial negotiations and contract administration on projects alongside the cost management team
- Responsible for managing internal risk management procedures and systems, including client care processes and the contract database.
- Manage invoicing processes using D-365, including:
- Reviewing and validating invoice data for accuracy and completeness.
- Coordinating with finance teams to ensure timely submission and approval.
- Tracking invoice status and resolving discrepancies.
- Ensuring compliance with client billing requirements and internal financial controls.