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Job Requirements of Cost Manager:
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Employment Type:
Full-Time
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Experience:
4 years
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Education:
4 Year Degree
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Location:
New York, NY (Onsite)
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Cost Manager
What are we looking for in our Cost Manager?
Overview of Role
The Cost Manager provides cost management services including invoice validation, cost forecasting and reporting, change management, close out administration, procurement management, earned value and value engineering. The Cost Manager should have the ability to identify opportunities within a project that will add value and help successfully accomplish the client’s desired project outcome.
Essential Functions
- Prepares and issues periodic cost reports to senior technical staff
- Reviews the cash flow prepared by junior technical staff and issues to senior technical staff
- With minimal supervision, reviews all change orders in accordance with the client’s approval process
- Reviews all invoices for the project and ensures that junior technical staff codes the invoices where applicable and forwards them to the client’s accounts payable department
- With minimal supervision, provides procurement services for the client, where applicable, for construction and engineering services, including preparing RFP and bid analysis
- Where applicable, overviews and reports to the client on contractor buyout of subcontract bid packages
- Attends the bi-weekly cost meetings to review procurement status and change order status with the contractors and engineering teams
- With minimal supervision, provides cost information on value engineering analysis
- With minimal supervision, carries out an earned value analysis of the project on a periodic basis
- Reviews the contractors close out administration and ensures that they meet their contractual requirements
- Contributes to team performance by collaboration and effective communication.
- Contributes to and understands the clients desired project outcomes, identifies opportunities to add value to accomplish the desired outcomes.
- Adds to team effort by accomplishing other duties as assigned.
The ideal candidate will demonstrate a positive proactive approach to the role, and will be committed to delivering customer service excellence, with good commercial results.
- Bachelor’s degree in Construction or a related field, plus four years’ relevant experience.
- Must be highly articulate, have clear and analytical approach to problem solving, and strong decision-making abilities.
- Must have people management experience.
- Must have excellent communication and presentation skills.
- Must thoroughly understand and utilize Excel.
Rate/Salary: $80,000 - $110,000