Cost Manager

RAPSYS TECHNOLOGIES PTE LTD; Kuala Lumpur; On-site; MYR 120,000 - 180,000; 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 management, budgeting, and project financials, with at least 2 years of relevant experience.

You will support cost planning, change management, and cost reporting, coordinating with project stakeholders to ensure cost visibility and accurate records. This office-based position emphasizes collaboration and proactive cost control.

Qualifications

• Bachelor’s degree or equivalent in QS/CM/cost-focused field.
• 2+ years cost management experience in projects.
• Proficiency in MS Office, especially Excel/PowerPoint/Word.
• Strong numerical, analytical, and documentation skills.

Responsibilities

• Support cost estimates and cost plans using project data and benchmarks.
• Support value engineering and lifecycle costing to identify cost efficiencies.
• Prepare and maintain cost control reports, forecasts and financial reporting.
• Maintain change order logs, invoice logs, commitments and cost reports.
• Identify cost risks and support the project risk register.
• Attend meetings and document cost implications and decisions.
• Assist with contract administration and project close-out activities.

Skills

Cost management

Data analytics

Numerical skills

Communication

Education

Bachelor’s degree in Quantity Surveying

Construction Management

Cost Management Engineering

Data analytics with construction focus

Tools

Microsoft Office 365

Excel

PowerPoint

Word

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.