Cost Manager

Rapsys Technologies Pte Ltd.; Kuala Lumpur; On-site; MYR 70,000 - 110,000; Full time

Job summary

Rapsys Technologies Pte Ltd. in Kuala Lumpur is seeking a detail-oriented Cost Manager to join our team. The role focuses on cost planning, estimating, change management, and project close-out, ensuring cost visibility and strong financial controls across projects.

You will collaborate with senior managers, designers, contractors, and clients, progressively taking ownership of work packages while maintaining accurate records and supporting value engineering and lifecycle costing.

Qualifications

• Bachelor's degree or equivalent in Quantity Surveying, Construction Management or related.
• Experience in cost management, budgeting, and project financials.
• Proficiency with Excel and cost reporting tools.

Responsibilities

• Support cost estimates and cost plans using project data and benchmarks.
• Assist with value engineering and lifecycle costing to identify cost efficiencies.
• Prepare and maintain cost control reports, forecasts, and financial reporting for senior review.
• Maintain change order logs, invoice logs, commitments, and detailed project cost reports.
• Review change orders and invoices for completeness and alignment with records.
• Identify cost risks and support the project risk register.
• Assist in pre-contract and post-contract meetings with cost input.
• Document decisions and cost implications from meetings.

Skills

Data analytics

Numerical accuracy

Documentation

Communication

Education

Bachelor's degree in Quantity Surveying

Construction Management

Cost Management Engineering

Tools

Excel

PowerPoint

Word

MS Office 365

Job description

We\'re Hiring: Cost Manager!

We are seeking a detail-oriented and proactive Cost Manager to join our team in Kuala Lumpur. The ideal candidate will have at least 2 years of experience in cost management, budgeting, and project financials. You will play a key role in optimizing project costs, ensuring financial control, and supporting business objectives with your analytical expertise.

Location

Kuala Lumpur, Malaysia

Work Mode

Work from Office

Role

Cost Manager

Role Overview

The successful candidate will support the delivery of day-to-day cost management activities across cost planning, estimating, change management, invoice review, cost reporting, risk management, and project close-out. The role will work closely with senior cost managers, project managers, design teams, contractors, and other project stakeholders to help maintain cost visibility and accurate project records. The junior cost manager will typically work under the guidance of more experienced cost management team members while progressively taking ownership of defined work packages and reporting activities.

Key Responsibilities

• Support the preparation of cost estimates and cost plans using available project information and relevant benchmarking data.
• Support value engineering and lifecycle costing exercises to identify potential cost efficiencies.
• Prepare and maintain cost control reports, forecasts, and financial reporting for review by senior team members.
• Maintain change order logs, invoice logs, commitments, and detailed project cost reports.
• Perform initial reviews of change orders, invoices, and supporting documentation for completeness and alignment with project records.
• Identify potential commercial and cost risks and support maintenance of the project risk register.
• Participate in pre-contract and post-contract meetings and provide cost-related input where required.
• Attend client, project, and design team meetings and document key decisions, actions, and cost implications.
• Support assessment of the cost impact of design developments and agreed project changes.
• Perform measurement, pricing research, benchmarking, and supporting commercial analysis.
• Assist with contract administration and project close-out activities.
• Maintain project templates, trackers, databases, and reporting tools.
• Escalate material cost, change, or commercial issues to senior cost management team members.

Required Qualifications and Experience

• Bachelor\'s degree, or equivalent professional qualification, in one of the following or a related discipline: Quantity Surveying
• Construction Management
• Cost Management Engineering
• Data analytics with a construction or cost focus.
• Minimum of 2 to 10 years of relevant cost management experience.
• Proficiency in Microsoft Office 365, particularly Excel, PowerPoint, and Word.
• Experience supporting cost reports, change registers, invoice logs, and commercial project controls.
• Strong numerical, analytical, and documentation skills.
• Ability to communicate clearly with internal teams, consultants, contractors, and clients.
• Ability to work accurately within defined processes and under appropriate supervision.