Executive Cost Manager

Executive Cost Manager

London Full-Time 43200 - 72000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Manage costs and budgets for prestigious construction projects across various sectors.
  • Company: Join a leading UK construction consultancy with over 130 years of industry experience.
  • Benefits: Enjoy competitive salary, car allowance, hybrid working, and a fantastic benefits package.
  • Why this job: Work on iconic infrastructure projects while gaining diverse sector exposure and developing your skills.
  • Qualifications: MRICS qualification and proven cost management experience are essential.
  • Other info: Flexible working hours and opportunities for professional growth in a dynamic environment.

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

We are hiring multiple Executive Cost Managers (Executive Quantity Surveyors) on a permanent basis to support one of the UKs leading construction consultancy who have over 130+ years in the industry. They provide a wide range of services to clients globally within the real estate, infrastructure, and construction sectors. This opportunity will allow you to work on the UK most prestigious infrastructure projects and gain exposure to multiple sectors such as: Rail, Utilities, Defence, Healthcare and Infrastructure.
• Salary is competitive and negotiable – depending on relevant experience (Position does include a car allowance and great benefits package)
• London or Birmingham (Hybrid working, mixture of home, office and client sites)
• Permanent with flexible working and core hours
Role :

Executive Cost Managers will be responsible for managing costs and budgets of construction projects, including new builds, renovations and maintenance works from early cost advice to settlement of the final account. Opportunity to be involved in various infrastructure projects across a portfolio of clients. Previous NEC Contracts experience is essential and experience of working on UK based projects.

Key Responsibilities:

• Delivering high quality services and ensuring that cost management deliverables meet Customers requirements.
• Managing projects to deliver high quality services and deliverables in accordance with the business procedures.
• Preparing and presenting order of cost estimates and option studies.
• Cost planning.
• Cost-in-use studies.
• Advising on and implementing procurement strategies.
• Preparing tender documentation and managing the tender process, including designing tender marking schemes.
• Evaluating and reporting on tenders.
• Valuing completed work and arranging for payments.
• Settling final accounts.
• Providing technical advice on legal and contractual issues relating to construction projects.
• Administrating contracts as Contract Administrator or Employer s Agent.
• Producing and presenting reports to Customers.
• Preparing bids for services.
• Managing service delivery for profit.
Knowledge, Skills and Experience:
• Proven experience in cost management following MRICS qualification.
• Strong expertise in cost estimating and planning.
• Comprehensive understanding of construction methods and materials.
• Practical experience with construction procurement strategies, including tendering and contract management.
• Proficiency in post-contract cost management processes.
• Ability to manage construction contracts effectively, serving as both Contract Administrator and Employer s Agent.
• Excellent communication skills, both written and verbal.
• A methodical mindset and structured approach to tasks.
• Strong organizational abilities with adaptability to dynamic environments.
• Proficient in problem-solving, negotiation, financial management, and numeracy.
• Advanced ICT skills, particularly in MS Outlook, Word, Excel, and PowerPoint.
• Capability to interpret complex information and assess project requirements effectively.
• Solid understanding of legislation related to building contracts.
• A collaborative team player with a commitment to shared goals

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Executive Cost Manager employer: Morson Talent

Join a prestigious construction consultancy with over 130 years of industry experience, where you will have the opportunity to work on some of the UK's most significant infrastructure projects. Our hybrid working model promotes a healthy work-life balance, while our competitive salary and comprehensive benefits package, including a car allowance, ensure that your contributions are recognised and rewarded. We foster a collaborative culture that prioritises employee growth and development, making this an ideal environment for ambitious professionals seeking meaningful and impactful careers.
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Contact Detail:

Morson Talent Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Executive Cost Manager

✨Tip Number 1

Network with professionals in the construction consultancy sector. Attend industry events, webinars, or local meetups to connect with people who work in similar roles. This can help you gain insights into the company culture and potentially get a referral.

✨Tip Number 2

Familiarise yourself with NEC Contracts if you haven't already. Since previous experience with these contracts is essential for the role, consider taking a short course or reading up on best practices to demonstrate your commitment and knowledge during interviews.

✨Tip Number 3

Prepare to discuss specific projects you've worked on that relate to cost management and budgeting. Be ready to share examples of how you successfully managed costs and delivered high-quality services, as this will showcase your relevant experience.

✨Tip Number 4

Research the company's recent projects and achievements. Understanding their portfolio and the sectors they operate in will allow you to tailor your conversations and show genuine interest in their work during interviews.

We think you need these skills to ace Executive Cost Manager

Cost Management
Budgeting
NEC Contracts Experience
Cost Estimating
Cost Planning
Procurement Strategies
Tender Documentation Preparation
Tender Evaluation
Contract Administration
Final Account Settlement
Technical Advice on Legal Issues
Report Production and Presentation
Financial Management
Numeracy Skills
Advanced ICT Skills
Communication Skills
Organizational Abilities
Problem-Solving Skills
Adaptability
Team Collaboration

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in cost management and construction projects. Emphasise your MRICS qualification and any specific NEC Contracts experience, as these are crucial for the role.

Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the construction consultancy sector. Mention your experience with various infrastructure projects and how you can contribute to the company's success.

Highlight Key Skills: In your application, clearly outline your skills in cost estimating, planning, and contract management. Use specific examples from your past work to demonstrate your expertise and problem-solving abilities.

Proofread Your Application: Before submitting, carefully proofread your application for any spelling or grammatical errors. A polished application reflects your attention to detail, which is essential for an Executive Cost Manager.

How to prepare for a job interview at Morson Talent

✨Showcase Your NEC Contracts Experience

Since previous NEC Contracts experience is essential for this role, be prepared to discuss specific projects where you've successfully managed costs and budgets. Highlight your understanding of the NEC framework and how it has influenced your approach to cost management.

✨Demonstrate Your Cost Management Skills

Prepare examples that illustrate your expertise in cost estimating, planning, and post-contract cost management processes. Be ready to explain how you have delivered high-quality services and met customer requirements in past roles.

✨Communicate Effectively

Excellent communication skills are crucial for this position. Practice articulating your thoughts clearly and concisely, both verbally and in writing. Consider preparing a brief presentation on a relevant topic to showcase your ability to present complex information effectively.

✨Be Ready for Problem-Solving Scenarios

Expect to face questions that assess your problem-solving abilities. Think of situations where you've had to negotiate or resolve conflicts related to construction contracts. Use the STAR method (Situation, Task, Action, Result) to structure your responses.

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