Cost Manager

Aspect Resources Limited; Mansfield; Hybrid; GBP 90,000 - 105,000; Full time

Job summary

Aspect Resources Limited in Mansfield offers a Cost Manager role on a hybrid basis (2 days on site). Contract through January 2027 with a daily rate of £348 (Umbrella).

You will lead cost estimates, budgets, and forecasts for complex construction projects, supporting Programme and Project Managers and ensuring tight cost control and value for money.

Qualifications

• Proven experience in developing construction cost estimates and budgets.
• Experience producing monthly cost forecasts and comparing against forecasts.
• Ability to analyse tender submissions, pricing schedules, and commercial proposals.
• Experience reviewing Applications for Payment (AFPs) for contractual compliance.
• Strong understanding of cost control, forecasting and financial reporting in construction.

Responsibilities

• Lead the development of cost estimates and budgets for complex construction projects.
• Monitor project costs and maintain robust financial plans within tolerances.
• Cost project risks with appropriate contingency allowances and manage CEs.
• Provide commercial guidance on Early Warnings and Compensation Events.
• Support Project Managers in cost control across all delivery phases and forecast accuracy.

Skills

Cost management

Budget development

NEC contracts

Forecasting

Cost analysis

Tools

NEC Contracts

Job description

Job Title: Cost Manager

Location: Mansfield / Hybrid (2 days/week on site)

Contract Duration: until end of Jan 2027

Daily Rate: £348/day (Umbrella)

IR35 Status: Inside IR35

The Role:

Lead the development of cost estimates and budgets for complex construction projects, providing expert commercial support to Programme and Project Managers.

Monitor project costs and maintain robust financial plans, ensuring budgets remain controlled and expenditure stays within agreed tolerances.

Work closely with risk management teams to ensure project risks are accurately costed, appropriate contingency allowances are applied, and cost-related issues are resolved promptly.

Provide commercial guidance on Early Warnings and Compensation Events (CEs) throughout the project lifecycle, helping to mitigate financial risk and support informed decision-making.

Support Project Managers in maintaining cost control across all phases of delivery, including reactive and remedial works where urgent action is required.

Deliver accurate forecasting, reporting, and cost analysis to support successful project outcomes and value for money.

Experience Required:

Proven experience in developing construction project cost estimates and budgets.

Strong ability to analyse and evaluate tender submissions, pricing schedules, and commercial proposals.

Experience producing monthly cost forecasts and comparing project performance against contractor forecasts.

Working knowledge of NEC contracts, including the assessment and management of Compensation Events (CEs).

Experience reviewing and challenging Applications for Payment (AFPs), ensuring accuracy and contractual compliance.

Ability to analyse cost data from completed projects and apply lessons learned to future projects.

Demonstrable experience in construction project delivery, cost estimation, and Quantity Surveying (QS).

Strong understanding of commercial management principles, cost control, forecasting, and financial reporting within a construction environment.

Disability Confident

As a member of the disability confident scheme, CLIENT guarantees to interview all candidates who have a disability and who meet all the essential criteria for the vacancy. In cases where we have a high volume of candidates who have a disability who meet all the essential criteria, we will interview the best candidates from within that group.

Armed Forces Covenant

CLIENT is proud to support the Armed Forces Covenant and as such, we guarantee to interview all veterans or spouses / partners of military personnel who meet all the essential criteria for the vacancy. In cases where we have a high volume of ex-military candidates / military spouses or partners, who meet all of the essential criteria, we will interview the best candidates from within that group.