Role Overview
We are seeking an experienced Cost Manager to support the successful delivery of hospitality, tourism, mixed-use, and urban development projects. This role will be responsible for managing project costs throughout the project lifecycle, ensuring commercial objectives, budget targets, and client expectations are achieved.
You will work closely with clients, consultants, contractors, and project teams, providing commercial leadership across pre-contract and post-contract activities while supporting the development of junior team members.
Key Responsibilities
Cost Planning & Budget Management
- Prepare, develop, and manage project budgets, cost plans, and cost forecasts throughout all project stages.
- Monitor project expenditure and provide proactive cost advice to support commercial decision-making.
- Identify cost risks and opportunities, recommending mitigation measures where necessary.
- Support value engineering initiatives to optimise project outcomes while maintaining design intent and operational requirements.
Contract Administration
- Administer project contracts, ensuring compliance with contractual obligations and commercial requirements.
- Manage variations, change control processes, contractor claims, and final account negotiations.
- Review contractual matters and provide commercial recommendations to project stakeholders.
- Ensure accurate documentation and records are maintained throughout the project lifecycle.
Claims & Commercial Assessment
- Assess, evaluate, and prepare recommendations on contractor claims and entitlement submissions.
- Review supporting documentation and cost impacts associated with variations and compensation events.
- Support dispute avoidance and commercial resolution activities where required.
Cost Reporting & Financial Control
- Produce monthly cost reports, financial forecasts, cash flow updates, and budget status reports.
- Monitor project financial performance and highlight cost trends, risks, and forecast deviations.
- Provide timely and accurate reporting to clients and project stakeholders.
- Ensure compliance with project governance and financial control procedures.
Procurement & Tendering
- Support procurement planning and tendering activities across multiple work packages.
- Prepare tender documentation, commercial assessments, and tender recommendation reports.
- Evaluate tender submissions and provide commercial advice during contractor selection.
- Assist in developing procurement strategies aligned with project objectives.
Stakeholder Management
- Work closely with clients, architects, designers, engineers, contractors, and project managers.
- Participate in project meetings and provide commercial guidance throughout project delivery.
- Build and maintain strong relationships with internal and external stakeholders.
Team Leadership & Development
- Provide guidance, mentoring, and day-to-day support to Assistant Cost Managers (ACMs).
- Review work outputs and support the professional development of junior team members.
- Promote collaboration, knowledge sharing, and continuous improvement within the team.