Cost Manager

E-Frontiers; Chicago (IL); On-site; USD 100,000 - 135,000; Full time

Job summary

A leading construction consulting firm in Chicago seeks a Mid-Senior level cost manager to join their cost management team. The role includes managing costs, overseeing budgets, and ensuring financial compliance in diverse construction projects. Candidates should hold a relevant degree and have at least 4 years of experience in cost estimating and project support. This is a full-time position offering excellent growth opportunities.

Qualifications

• 4+ years’ relevant experience in construction cost estimating across various building types.
• Demonstrated customer service excellence and proactive approach.

Responsibilities

• Manage cost control and negotiate change orders.
• Oversee budgets and financial forecasting.
• Process and track invoices accurately.
• Produce cost reconciliation reports and ensure budget compliance.

Skills

Cost Management

Budgeting

Invoice Processing

Reporting

Contract Administration

Documentation

Schedule Monitoring

Support Project Management

Proposal and Contract Management

Financial Compliance

Education

4-year college degree in Construction Management, Structural Engineering, Architectural Engineering, Cost Estimating or equivalent

Job description

Base pay range

Base pay range

$100,000.00/yr - $135,000.00/yr

Salary DOE*

Overview of Role

In this role, you will be a member of our highly reputable cost management and estimating team. The cost team delivers solutions to clients in the areas of conceptual estimating, budget development, cost planning, feasibility studies, value management, economic forecasting, milestone reports, pre- and post-contract auditing, change order review and reconciliation, BIM 5D cost modeling, LEED cost analysis, life cycle costing, and more.

Essential Functions

• Cost Management: Manage cost control, negotiate change orders, and handle contingencies.
• Budgeting: Oversee budgets, financial forecasting, and understand financial statements.
• Invoice Processing: Process and track invoices and update cost tracking systems.
• Reporting: Produce progress, earned value, and cost reconciliation reports.
• Contract Administration: Handle contract terms, retention, and insurance; prepare cost estimates.
• Documentation: Track key project documents like change orders and invoices.
• Project Closeout: Manage project closeout and attend relevant meetings.
• Schedule Monitoring: Track and ensure schedule adherence to QA/QC standards.
• Support Project Management: Assist with RFPs, equipment plans, and supplier coordination.
• Proposal and Contract Management: Oversee proposal reviews, contract negotiations, and supplier deliveries.
• Financial Compliance: Ensure budget compliance and reconcile project charges.

The ideal candidate will demonstrate a positive proactive approach to the role and will be committed to delivering customer service excellence.

Qualifications

• Minimum Education (or substitute experience) required: 4-year college degree in Construction Management, Structural Engineering, Architectural Engineering, Cost Estimating or equivalent recognized technical qualification related to mechanical discipline.
• Minimum Experience required: 4+ years’ relevant experience in construction cost estimating of a variety of building types from program, conceptual, schematic, design development and construction document stages of design in elemental and CSI format.

Seniority level

• Mid-Senior level

Employment type

• Full-time

Job function

• Engineering, Consulting, and Finance

Industries

• Construction