Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Lead cost management on high-profile projects, ensuring budgets and financial controls are met.
- Company: Join a top global consultancy known for innovative solutions in various sectors.
- Benefits: Enjoy a competitive salary, bonuses, private healthcare, and 27 days holiday plus public holidays.
- Why this job: Be part of impactful projects while developing your skills in a supportive environment.
- Qualifications: 5+ years in cost management, relevant degree, and strong communication skills required.
- Other info: Opportunity for career growth and professional development within a leading firm.
The predicted salary is between 60000 - 80000 £ per year.
About the Company:
Our client is a leading global consultancy firm known for delivering cutting-edge solutions across both public and private sector projects. They have a strong reputation for their expertise in project management and cost management. The client operates across a range of industries including commercial, residential, infrastructure, government, and energy sectors.
Role Overview:
As a Senior Cost Manager, you will be responsible for overseeing cost management services across a wide variety of projects, ensuring that budgets, costs, and financial controls are efficiently managed. You will play a key role in supporting senior leadership while working on large, complex projects with clients across multiple sectors. You will provide strategic advice, cost planning, and risk management throughout the project lifecycle.
Key Responsibilities of the Senior Cost Manager:
- Lead cost management services on a range of high-profile private and public sector projects across various industries.
- Provide expert cost advice and ensure cost control measures are in place to maintain project profitability.
- Prepare cost plans, budgets, and forecasts, while advising on cost-effective strategies and value engineering.
- Manage risk and opportunities analysis in relation to cost estimates and project budgets.
- Develop strong relationships with clients, stakeholders, and project teams to ensure clear communication and the delivery of successful outcomes.
- Review and validate tender submissions, managing the procurement process.
- Conduct regular cost reporting and financial analysis throughout the project lifecycle.
- Provide leadership and mentoring to junior cost management staff, ensuring their professional development.
- Advise on project delivery strategies and help identify areas for improvement in the cost management process.
Required Experience of the Senior Cost Manager:
- A minimum of 5 years of experience in cost management, preferably with a consultancy.
- Proven experience in delivering cost management services across a range of sectors, including both private and public sector projects.
- A deep understanding of cost control, estimating, and project financial management practices.
- Excellent communication and client management skills, with the ability to build strong relationships and manage expectations.
- Experience leading a team and mentoring junior staff.
- Relevant degree (e.g., Quantity Surveying, Construction Management) and ideally a professional qualification (e.g., RICS, CIOB).
Desirable Skills of the Senior Cost Manager:
- Experience working on large-scale commercial, higher education or government projects.
- Strong understanding of contracts and procurement processes.
- Experience in managing multi-disciplinary teams.
- Ability to use data-driven insights for decision-making.
Benefits on offer for the Senior Cost Manager:
- Competitive salary with performance-based bonuses.
- Comprehensive benefits package including pension, private healthcare, and a fantastic holiday allowance of 27 days plus public holidays, plus the break between New Year.
- Opportunity for career progression within a leading global consultancy.
- Support for professional development and obtaining further qualifications.
Senior Cost Manager employer: Austin Fraser
Contact Detail:
Austin Fraser Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Cost Manager
✨Tip Number 1
Network with professionals in the cost management field, especially those who work in consultancy. Attend industry events or webinars to connect with potential colleagues and learn about their experiences at firms like ours.
✨Tip Number 2
Familiarise yourself with the latest trends and technologies in cost management. Being knowledgeable about data-driven insights and innovative cost control methods can set you apart during discussions with our hiring team.
✨Tip Number 3
Prepare to discuss specific projects where you've successfully managed costs and risks. Highlighting your hands-on experience with complex projects will demonstrate your capability to handle the responsibilities of a Senior Cost Manager.
✨Tip Number 4
Showcase your leadership skills by discussing how you've mentored junior staff in previous roles. Our company values professional development, and illustrating your commitment to nurturing talent can make a strong impression.
We think you need these skills to ace Senior Cost Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in cost management, particularly in consultancy roles. Emphasise your achievements in managing budgets and financial controls on previous projects.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and the company. Mention specific projects or experiences that align with the responsibilities of a Senior Cost Manager, and express your enthusiasm for contributing to their success.
Highlight Leadership Experience: Since the role involves mentoring junior staff, be sure to include examples of your leadership experience. Discuss how you've successfully led teams and contributed to their professional development in past positions.
Showcase Communication Skills: Given the importance of client management in this role, provide examples of how you've built strong relationships with clients and stakeholders. Highlight any successful negotiations or communications that demonstrate your ability to manage expectations effectively.
How to prepare for a job interview at Austin Fraser
✨Showcase Your Experience
Be prepared to discuss your previous roles in cost management, especially those that align with the sectors mentioned in the job description. Highlight specific projects where you successfully managed budgets and financial controls.
✨Demonstrate Leadership Skills
Since the role involves mentoring junior staff, share examples of how you've led teams in the past. Discuss your approach to leadership and how you foster professional development within your team.
✨Prepare for Technical Questions
Expect questions related to cost control, estimating, and project financial management practices. Brush up on relevant methodologies and be ready to explain how you've applied them in real-world scenarios.
✨Build Rapport with Interviewers
Establishing strong relationships is key in this role. Practice your communication skills and be personable during the interview. Show genuine interest in the company and its projects to create a positive impression.
