Project Manager, Cost Control

Layton Construction; Los Angeles (CA); On-site; USD 130,000 - 170,000; Full time

Benefits offered by this job

Medical Insurance

Dental Insurance

Vision Insurance

401(k) retirement plan with employer

Life & AD&D Insurance

Long-term Disability Insurance

Short-term Disability Insurance

Paid time off

Paid Holidays

Employee Stock Purchase Plan

Identity Theft Protection

Employee Assistance Program

Job summary

Layton Construction is seeking a Project Manager, Cost Control to plan, monitor, and manage costs across large construction projects. You will forecast budgets, control costs, and produce financial reports while coordinating with project, commercial and procurement teams.

The role requires strong cost control knowledge, budgeting, and forecast skills, plus experience with major construction contracts and ERP systems. On-site collaboration and performance-driven culture are emphasized.

Qualifications

• Bachelor's degree in a related field or equivalent experience.
• Minimum 2 years of experience in cost control or project controls within the construction industry.
• Proven experience in managing costs for large-scale construction projects.
• Strong understanding of construction contracts (FIDIC or equivalent).
• Strong knowledge of cost control principles, budgeting, and financial forecasting.
• Advanced Excel and financial analysis skills.
• Excellent analytical, problem-solving, and reporting abilities.
• Strong communication and stakeholder coordination skills.

Responsibilities

• Champions 'The Layton Way' by delivering predictable outcomes for internal, external teams and customers.
• Develop and maintain the project budget, CBS, and cost control procedures.
• Monitor actual project costs against budgets and identify variances.
• Prepare periodic cost reports, cash flow forecasts, and earned value analyses.
• Review subcontractor payment applications and progress claims.
• Coordinate with planning/scheduling teams to align cost data with schedules.
• Track commitments, expenditures, and variations/change orders.
• Analyze cost trends and recommend corrective actions to prevent overruns.
• Support contract administration, including claims analysis and change management.
• Participate in value engineering and cost optimization initiatives.
• Ensure accurate cost records and documentation for audits and project close-out.

Skills

Cost control principles

Budgeting

Financial forecasting

Excel

Analytical skills

Reporting abilities

Stakeholder coordination

Problem-solving

Education

Bachelor's degree in a related field

Tools

Primavera P6

MS Project

ERP systems

CMiC

Job description

Summary

The Project Manager, Cost Control is responsible for planning, monitoring, and controlling project costs to ensure construction projects are delivered within approved budgets. The role involves cost forecasting, budget control, financial reporting, and coordination with project, commercial, and procurement teams to identify risks and improve cost efficiency throughout the project lifecycle.

Duties

• Champions "The Layton Way" by delivering predictable outcomes for internal teams, external teams, and customers.
• Ensures that "Constructing with Integrity" is delivered by working with honesty, unity, safety, and quality of work.
• Develop and maintain the project budget, cost breakdown structure (CBS), and cost control procedures.
• Monitor actual project costs against budgets and identify variances.
• Determine whether entitlement exists for a change.
• Prepare periodic cost reports, cash flow forecasts, and earned value analyses.
• Review and validate subcontractor payment applications and progress claims.
• Coordinate with planning/scheduling teams to align cost data with project schedules.
• Track commitments, expenditures, and variations/change orders.
• Analyze cost trends and recommend corrective actions to prevent cost overruns.
• Support contract administration, including claims analysis and change management.
• Participate in value engineering and cost optimization initiatives.
• Ensure accurate cost records and documentation for audits and project close-out.
• Provide cost advice to project management and senior leadership.
• Assist in the preparation of final accounts and project financial closeout.

Qualifications

• Bachelor's degree in a related field or equivalent experience.
• Minimum 2 years of experience in cost control or project controls within the construction industry.
• Proven experience in managing costs for large-scale construction projects (residential, commercial, industrial, or infrastructure).
• Strong understanding of construction contracts (FIDIC or equivalent).
• Strong understanding of all construction documents and how they interface.
• Strong knowledge of cost control principles, budgeting, and financial forecasting.
• Proficiency in cost control and project management software (e.g., Primavera P6, MS Project, ERP systems).
• Advanced Excel and financial analysis skills.
• Excellent analytical, problem-solving, and reporting abilities.
• Strong communication and stakeholder coordination skills.
• High attention to detail and ability to work under pressure.
• Knowledge and use of CMiC preferred.

Salary

The full salary range for this position is $130,000 to $170,000. This position is eligible for a target bonus.

Benefits

• Medical Insurance
• Dental Insurance
• Vision Insurance
• Health Savings Account
• Healthcare Flexible Spending Account
• Dependent Care Flexible Spending Account
• 401(k) retirement plan with employer match
• Life & AD&D Insurance
• Long-term Disability Insurance
• Short-term Disability Insurance
• Critical Illness Insurance
• Accident Insurance
• Hospital Indemnity Insurance
• Home & Auto Insurance
• Family Support
• Pre-tax Paid Parking/Public Transportation
• Paid time off
• Time Away Benefits
• Paid Holidays
• Group Legal
• Employee Stock Purchase Plan
• Identity Theft Protection
• Group Legal
• Pet Insurance
• Employee Assistance Program