Cost Manager in London

Cost Manager in London

London Full-Time 70000 - 75000 € / year (est.) No home office possible
Canary Wharf

At a Glance

  • Tasks: Manage financial aspects of construction projects and ensure quality and safety standards.
  • Company: Join Canary Wharf Contractors, a leader in innovative construction solutions.
  • Benefits: Enjoy a competitive salary, flexible working, and extensive learning opportunities.
  • Other info: Diverse and inclusive workplace with excellent career growth potential.
  • Why this job: Make a real impact in the construction industry while developing your career.
  • Qualifications: Degree in Quantity Surveying and strong communication skills are preferred.

The predicted salary is between 70000 - 75000 € per year.

Department: CWCL

Company: Canary Wharf Contractors Limited

Reporting to: Associate Director - Fit Out

JOB SUMMARY

Responsible for assisting in all aspects of the financial management of a construction project.

Annual Salary - circa £70,000 - £75,000 dependant on experience

Closing Date - Sunday 31 May

MAIN RESPONSIBILITIES

  • Discharge responsibilities for Health and Safety as set out in the Canary Wharf Group Health Safety and Welfare manual also the Canary Wharf Group Construction Health and Safety Plan both in respect of the package and integration of the overall project.
  • Manages specific elements of work allocated by the Senior Cost Manager/Commercial Executive.
  • Development of approved tender lists.
  • Preparation of tender documentation.
  • Commercial evaluation of tenders including meetings, supplemental bid documentation, and recommendation report.
  • Preparation of contract documentation for execution.
  • Review trade contract and consultant submittals from a commercial perspective, report and respond, including requests for information, as necessary.
  • Liaise with contractors and/or Client representatives to ensure instructions raised/acted upon, costs received, agreed and change orders issued on a regular basis.
  • Ensure accounts are kept up to date throughout the various contract durations.
  • Inspection of trade contract works for quality and completion from a commercial perspective, and advice and/or resolve, as necessary.
  • Prepare interim valuations for progress payment.
  • Negotiate and prepare final accounts.
  • Assist with cash flow forecasting and monitoring.
  • Prepare relevant elements of the cost statement.
  • Preparation of Insurance claim documentation.
  • Carry out any other reasonable duties as requested and assigned by the Senior Cost Manager/Commercial Executive/Associate Director Commercial.

PERSON SPECIFICATION

  • Quantity Surveying practical work experience, ideally on large commercial office/residential/retail projects, is highly desirable.
  • A degree in Quantity Surveying is preferred.
  • The individual should possess excellent communication skills (both verbal and written).
  • Strong negotiation skills are essential.
  • Computer Literacy is an essential requirement of this role.
  • It is essential that the incumbent is able to maintain excellent working relationships with the rest of a diverse project team and all levels of the organisation, on a one-to-one and group basis.

HEALTH SAFETY AND WELFARE RESPONSIBILITIES

All staff are required to fulfil their legal duty to take reasonable care for the health and safety of themselves and others who may be affected by their acts and omissions, and to follow all guidance and instructions given in this respect. Further details regarding Health & Safety responsibilities are set out in the Health & Safety Policy in the Administrative Rules and Procedures, and the Health, Safety & Welfare Manual.

ENVIRONMENTAL, SOCIAL & GOVERNANCE (ESG) RESPONSIBILITIES

Recognising the centrality of ESG principles within our organisation, we have developed a comprehensive ESG Strategy. It is imperative that all staff members understand and adopt this strategy into their respective roles. This includes adhering to environmental regulations, minimising waste, supporting nature within our urban environment, and facilitating positive change for those in need within our community and utilising our volunteering.

QUALITY MANAGEMENT RESPONSIBILITIES

In line with the latest ISO 9001 requirements and our dedication to quality management, all staff are mandated to comply with system requirements as detailed within the Company Quality Manual & Policies. Additionally, it's vital to ensure the effective implementation of all Procedures, Plans, and Forms within our Electronic Document Management Systems (EDMS) to meet the ISO 9001: Quality Management Standard.

COMPANY VALUES

  • Commit to Excellence
  • Act with integrity and deliver high performance
  • Put our customers at the heart of what we do
  • Resolve issues by providing high quality solutions
  • Foster Collaboration
  • Find opportunities to collaborate with others across the business to achieve shared goals
  • Encourage inclusive networks and treat others with respect and fairness
  • Use knowledge to work effectively with suppliers / contractors to meet shared goals
  • Encourage Engagement
  • Confident in making decisions appropriate to the role
  • Learn from mistakes and listen to constructive feedback to improve performance
  • Prioritise safety and actively support community, wellbeing and sustainability programmes
  • Take Ownership
  • Take pride in delivering high quality service which exceeds expectations
  • Committed to opportunities for self-development
  • Take responsibility for my own performance and look for ways to improve
  • Embrace Innovation
  • Embrace change and innovation
  • Proactively suggest ways to improve our business and encourage others to share ideas
  • See new challenges as opportunities to deliver effective change

WHAT WE OFFER

  • Diversity and Inclusion: We recognise the importance of embracing diverse experience, skills and perspectives at all levels and operating in an inclusive working environment, in order for everyone to reach their full potential.
  • Flexible Working: As an inclusive employer, we recognise the positive impact flexible working can have on an individual, their wellbeing, engagement and productivity.
  • Learning and Development: At Canary Wharf Group, our employees receive a wide range of support to help improve their skills and achieve their career goals.
  • Other Benefits: We are committed to building a safe, happy and healthy community for our employees and we offer a comprehensive range of benefits, all designed with our employees and their wellbeing in mind.

If you are interested in joining our highly professional and skilled team for our next exciting phase of development, please complete the form on this page to apply online. Early applications are encouraged as we reserve the right to appoint at any point.

Cost Manager in London employer: Canary Wharf

Canary Wharf Contractors Limited is an exceptional employer that prioritises employee growth and well-being, offering a competitive salary alongside a comprehensive benefits package tailored to individual needs. With a strong commitment to diversity, flexible working arrangements, and extensive learning and development opportunities, employees are empowered to reach their full potential in a collaborative and inclusive environment located in the vibrant Canary Wharf area.

Canary Wharf

Contact Detail:

Canary Wharf Recruiting Team

StudySmarter Expert Advice🤫

We think this is how you could land Cost Manager in London

Tip Number 1

Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.

Tip Number 2

Prepare for interviews by researching the company and its projects. Understand their values and how you can contribute to their goals. This will help you stand out and show that you're genuinely interested.

Tip Number 3

Practice your negotiation skills! Whether it's salary or project responsibilities, being confident in discussing your worth is key. Role-play with a friend or use online resources to sharpen those skills.

Tip Number 4

Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about joining our team.

We think you need these skills to ace Cost Manager in London

Financial Management
Health and Safety Compliance
Tender Preparation
Commercial Evaluation
Contract Documentation
Negotiation Skills
Cash Flow Forecasting

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the Cost Manager role. Highlight your Quantity Surveying experience and any relevant projects you've worked on. We want to see how your skills match what we're looking for!

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how you can contribute to our team. Keep it concise but impactful, and don’t forget to mention your negotiation skills!

Showcase Your Communication Skills:Since excellent communication is key for this role, make sure your application reflects that. Use clear and professional language, and double-check for any typos or errors. We appreciate attention to detail!

Apply Through Our Website:We encourage you to apply directly through our website. It’s the easiest way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen to join our team at Canary Wharf Contractors!

How to prepare for a job interview at Canary Wharf

Know Your Numbers

As a Cost Manager, you'll need to demonstrate your financial acumen. Brush up on key financial metrics and be ready to discuss how you've managed budgets in past projects. Prepare examples that showcase your ability to keep accounts up to date and manage cash flow effectively.

Safety First

Health and safety are paramount in construction. Familiarise yourself with the Canary Wharf Group's Health and Safety policies. Be prepared to discuss how you’ve ensured compliance in previous roles and how you would approach safety management in this position.

Showcase Your Communication Skills

Excellent communication is crucial for liaising with contractors and clients. Think of specific instances where your communication skills made a difference in project outcomes. Practice articulating these experiences clearly and confidently during the interview.

Embrace Collaboration

Canary Wharf Contractors value teamwork. Be ready to share examples of how you've collaborated with diverse teams to achieve shared goals. Highlight your ability to foster relationships and work effectively with suppliers and contractors to meet project objectives.