Senior Cost Manager

Senior Cost Manager

Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead cost management for projects, ensuring budgets and timelines are met.
  • Company: Cumming Group offers consultancy services across various sectors in the UK and Europe.
  • Benefits: Enjoy flexible hybrid working, 24 days annual leave, private health insurance, and bespoke training.
  • Why this job: Join a dynamic team focused on innovation and professional development in a supportive environment.
  • Qualifications: Degree in construction or related field; MRICS preferred with 5+ years experience.
  • Other info: Cumming Group values work-life balance and is an equal opportunities employer.

The predicted salary is between 43200 - 72000 £ per year.

Cumming Group provides independent consultancy services across a wide range of sectors throughout the UK, Ireland and mainland Europe. We work with some of the largest private, public and utility sector clients. We take pride in delivering an excellent service.

The role of a Senior Cost Manager includes the following responsibilities:

  • Contribute towards bid and tender preparation and business development.
  • Assume day-to-day delivery responsibility for projects/programmes of work and demonstrate the ability to take on tasks without supervision.
  • Monitor project fees and ensure resource and time inputs are in line with approved budgets.
  • Ensure that change control processes are effectively managed for the services we provide.
  • Strengthen our service delivery capability and promote knowledge capture, sharing and innovation.
  • Prepare budget estimates, cost plans and client reports.
  • Provide advice on procurement and contracts.
  • Contract administration including preparation of valuations, forecasts, cost reports and attendance at project meetings.
  • Preparation of bills of quantities, schedules of rates, or other methods of work evaluation.
  • Support the implementation of strategic initiatives at service and sector level.
  • Manage the delivery of work through proactive involvement where appropriate and through performance management of personnel to ensure work is completed in a timely manner to a high quality standard.
  • Ensure service delivery is in accordance with the policies and procedures of the Practice, particularly Health and Safety and Quality Assurance.
  • Ensure compliance with the client's corporate governance procedures where applicable.
  • Achieve all objectives as required by the annual performance review process.
  • Develop our business; networking and developing client relationships.
  • Demonstrate a commitment to continuing professional development and continuous improvement.
  • Work to deadlines set by the Project Team Leader.

Key Attributes:

  • The ability to negotiate, influence and deliver results in a client facing role.
  • Deal diplomatically with a wide range of stakeholders in a flexible environment, subject to change.
  • Prioritise and self-manage with ability to work in a high-pressure environment.
  • Manage conflicting priorities and organise workloads in conjunction with the appropriate Director.
  • Lead a team.
  • Create a close knit team as required and motivate and mentor the team to work effectively in a dynamic environment.
  • Demonstrate a high degree of integrity.

Qualifications & Skills:

  • Ideally degree qualified: construction, cost management, engineering, quantity surveying or other RICS accredited degree.
  • MRICS/other equivalent qualification or experience.
  • Experience in Infrastructure sectors preferred (Energy / Utilities).
  • Strong core technical skills.
  • Good interpersonal skills with both client and staff.
  • Energetic and motivated with natural drive and an innovative flair, resourcefulness and ability to adapt to change.
  • Strong oral and written communication and presentation skills.
  • Good experience of managing people and delivering multiple or complex projects.
  • Extensive experience of industry standard forms of contract, typically NEC and JCT.
  • Excellent pre and post contract technical cost management skills.
  • Extensive knowledge of construction industry technical matters with circa 5 years plus post qualification experience.

Helping our employees achieve a healthy work-life balance is important to us. As well as receiving a competitive salary, you will also have an opportunity to take advantage of our flexible hybrid working arrangements.

Our core benefits include:

  • 24 days Annual Leave (with the ability to purchase up to 10 extra days)
  • Private Health Insurance
  • Life Assurance
  • Critical Illness Cover
  • Pension Scheme
  • Car Allowance
  • Annual Professional Membership Fees
  • Bespoke Training & Development Plans
  • Health & Wellbeing Initiatives (Cycle to Work Scheme/Gym Discounts/EAPs)

Cumming Group is an equal opportunities employer, an accredited Investor in People (IIP) and has a RICS approved APC programme.

Senior Cost Manager employer: Cumming Group UK & Europe

Cumming Group is an exceptional employer, offering a dynamic work environment in London where innovation and professional growth are at the forefront. With a commitment to employee well-being, we provide flexible hybrid working arrangements, competitive salaries, and a comprehensive benefits package that includes private health insurance and bespoke training plans. Our culture fosters collaboration and continuous improvement, making it an ideal place for professionals seeking meaningful and rewarding careers in cost management.
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Contact Detail:

Cumming Group UK & Europe Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Cost Manager

✨Tip Number 1

Network within the construction and cost management sectors. Attend industry events, webinars, or local meetups to connect with professionals who may have insights into the role or even know someone at Cumming Group.

✨Tip Number 2

Familiarise yourself with the latest trends and challenges in the infrastructure sector, particularly in energy and utilities. This knowledge will help you engage in meaningful conversations during interviews and demonstrate your expertise.

✨Tip Number 3

Prepare to discuss specific examples of how you've successfully managed budgets and project delivery in previous roles. Highlight your experience with NEC and JCT contracts, as this will be crucial for the Senior Cost Manager position.

✨Tip Number 4

Showcase your leadership skills by preparing examples of how you've motivated and mentored teams in high-pressure environments. Cumming Group values strong team dynamics, so demonstrating your ability to lead effectively will set you apart.

We think you need these skills to ace Senior Cost Manager

Cost Management
Budgeting and Financial Planning
Contract Administration
Negotiation Skills
Stakeholder Management
Project Management
Change Control Processes
Team Leadership
Interpersonal Skills
Technical Cost Management
Knowledge of NEC and JCT Contracts
Presentation Skills
Analytical Skills
Problem-Solving Skills
Adaptability to Change

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in cost management, particularly in infrastructure sectors like Energy and Utilities. Use specific examples that demonstrate your ability to manage budgets, prepare cost plans, and lead teams.

Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and the company. Mention your qualifications, such as MRICS or equivalent, and how your skills align with the responsibilities outlined in the job description.

Highlight Key Attributes: In your application, emphasise your ability to negotiate, influence, and deliver results. Provide examples of how you've successfully managed conflicting priorities and led teams in high-pressure environments.

Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail and professionalism, which are crucial for a Senior Cost Manager role.

How to prepare for a job interview at Cumming Group UK & Europe

✨Showcase Your Technical Skills

As a Senior Cost Manager, you'll need to demonstrate strong technical skills in cost management and contract administration. Be prepared to discuss your experience with NEC and JCT contracts, as well as any specific projects where you've successfully managed budgets and resources.

✨Prepare for Scenario-Based Questions

Expect questions that assess your ability to handle real-world challenges. Prepare examples of how you've dealt with conflicting priorities or managed change control processes effectively in previous roles. This will show your problem-solving skills and adaptability.

✨Emphasise Your Leadership Experience

Highlight your experience in leading teams and mentoring staff. Discuss specific instances where you've motivated your team to achieve high-quality results under pressure. This is crucial as the role involves managing personnel and ensuring timely project delivery.

✨Demonstrate Client Relationship Skills

Since the role involves client-facing responsibilities, be ready to talk about how you've built and maintained client relationships in the past. Share examples of how you've negotiated and influenced outcomes to deliver results, showcasing your interpersonal skills.

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