Intermediate Cost Manager

MA Cost Consulting Ltd.

Greater London

Hybrid

GBP 40,000 - 60,000

Full time

14 days+

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Benefits offered by this job

Private Vitality Healthcare for you and your family

27 Days Holiday plus Bank Holidays

4 x Death in Service

Professional Membership Fees Paid

Enhanced Maternity & Paternity Pay

Regular Funded Social Events

RICS/APC Professional Accreditation Support

Job summary

A leading cost consultancy firm in Greater London is seeking a Cost Manager to provide vital support on construction projects. This role requires overseeing multiple projects, ensuring accurate measurement and cost planning, and conducting site meetings. Applicants should have a degree in Cost/Quantity Consultancy and ideally possess 3-4 years of relevant experience. Strong organizational and communication skills are essential, along with knowledge of JCT and NEC contract administration. Hybrid working is offered with attractive benefits including private healthcare and professional development support.

Qualifications

Required to have 3-4 years experience working as a cost manager or in a similar role.
Understanding of JCT and NEC contract administration.
Experience within the construction industry is essential.

Responsibilities

Oversee multiple projects and manage own time effectively.
Provide accurate measurement and cost planning.
Conduct site meetings and valuations, preparing cost reports.
Manage project costs and variations, ensuring budget constraints are met.

Skills

Organisational skills

Effective communication

Teamwork

Time management

Knowledge of industry trends

Education

Degree or Equivalent Experience in Cost/Quantity Consultancy

MRICS/NECReg or equivalent

Job description

The Cost Manager provides essential support to ensure the financial viability of a construction process within client projects. A Cost Manager should primarily work independently through monitoring expenditures and identifying cost savings in collaboration with project teams, contractors and clients alongside project objectives. At this level cost managers are expected to take a level of responsibility to ensure budgets are maintained whilst meeting quality standards and client expectations and.

Responsibilities

Organisational Skills: The ability to oversee multiple projects and organise own time and deadlines to meet differing client needs.

Accuracy and Due Diligence: The ability to provide accurate measurement and cost planning, ensuring that all works are presented professionally. This role will also support the checking work of Assistants.

Effective Communication: An ability to communicate clearly and effectively across all levels, with clients and external stakeholders, including leading meetings when required.

Team Work and Collaboration: Building healthy team and client relationships to foster a positive and cooperative work environment.

Knowledge Development: To maintain and establish knowledge on industry trends, regulations and best practice.

Time Management: The ability to organise own time to meet client deadlines and complete work tasks to a high standard.

Qualifications

Education: Degree or Equivalent Experience in Cost/Quantity Consultancy

Professional: Working towards or hold MRICS/NECReg or equivalent.

Software/IT Tools:

Driving License: Yes

Experience:

It is essential anybody coming into this role has experience working within the construction industry as a cost manager or similar. Typically, we would look for somebody with a minimum of 3-4 years relevant experience working towards or having achieved professional status. They should ideally have knowledge of JCT and NEC contract administration and be confident in client facing roles.

What We're Looking For

Leading on site meetings and attending site for valuation and client account purposes.
Conducting valuations on sites and using digital measurement tools to quantify works and use for cost plans and contractor submissions.
Preparation of cost reports through developing project budgets and taking into account client budgetary constraints.
Considering client needs and the provision of budget constraints through assessing risks, solutions and mitigating risks in relation to budget preparation.
Managing, analysing and monitoring project costs and variations ensuring changes are costed, approved and incorporated into financial controls.
Preparing pre-contract documentation to include cost planning, procurement , tendering and value engineering advice.
Preparing post-contract documentation and issuing JCT and NEC contract notices alongside practices.
Maintain project documentation and files and utilising Assistants in this practice.
Project Management to ensure that projects are delivered on time with scope and to budget.
Attending conferences and networking events as and when required.
Mentoring and training of Assistant Cost Managers.
To maintain and establish knowledge on industry trends, regulations and best practice.

Our Values

‘Stronger Together’. Leading and working collaboratively as part of a team and building positive working relationships. This could be ensuring that you celebrate the successes of those on your team and those you manage, reinforcing teamwork and a culture of appreciation.

Client Focused

‘Listen to Clients. Learn. Make it Happen’. Demonstrating that you are continuously enhancing client experience. This could be delivering bespoke solutions tailored to our client’s individual requirements through taking time to listen carefully to a clients needs.

Leadership

‘Be the Difference’. Encouraging, training, and supporting more junior members of your team. This could involve sharing knowledge or consistently setting examples and serving as a role model. This could be supporting staff on apprenticeships through coaching and guidance.

‘Think Solutions. Not Problems’. Demonstrating and communicating solutions and smarter ways to approach a piece of work. This could be questioning an approach/method with a new way of doing something, making it more efficient.

Accountability

‘Do What’s Right. Not What’s Easy’. Always following through on commitments and tasks whether set by your team or by clients. Taking ownership of tasks and carrying responsibility of a task from start to finish. This could be regularly updating Senior Managers or clients on progress and stages of your work.

ROLE CHALLENGES

The Cost Manager should aim to work with minimum assistance and independently. They should be developing a balance between ensuring guidance is requested when needed without expecting the same level of supervision as the Assistant Cost Manager. Communication and organisational skills are crucial at this level and the aim for any Cost Manager is to develop a level of independence whilst continuing to build their knowledge of the administration of construction contracts from inception to completion.

AIM OF ROLE