Cost Manager in London

Cost Manager in London

London Full-Time 48000 - 64000 £ / year (est.) No home office possible
Clear.

At a Glance

  • Tasks: Manage costs for exciting projects in commercial, fit-out, and hospitality sectors.
  • Company: Dynamic cost management team in London with a collaborative culture.
  • Benefits: Competitive salary up to £80k, career progression, and professional development opportunities.
  • Why this job: Work on high-profile projects and take ownership in a fast-paced environment.
  • Qualifications: Degree in Quantity Surveying or related field; MRICS preferred.
  • Other info: Supportive team with a strong focus on growth and mentorship.

The predicted salary is between 48000 - 64000 £ per year.

This is an excellent opportunity to join a dynamic and collaborative cost management team, working across a broad range of sectors including commercial, fit-out and hospitality projects. The role offers exposure to high-profile developments and a clear pathway for career progression within a supportive and forward-thinking environment.

Reporting directly into senior leadership, you will play a key role in both project delivery and the ongoing development of the business. This position would suit someone who enjoys client-facing responsibilities, thrives in a fast-paced environment, and is keen to take on greater ownership across multiple projects.

The Role

As an Associate, you will be responsible for managing both pre- and post-contract activities, ensuring projects are delivered successfully within agreed financial parameters. You will take ownership of key project elements, contribute to team development, and play an active role in supporting wider business initiatives including client engagement and growth strategies.

Key Responsibilities

  • Procurement
    • Develop and implement procurement strategies across multiple packages/workstreams
    • Conduct market engagement and identify suitable supply chain partners
    • Prepare and manage full tender documentation packages
    • Lead tender evaluation processes, including analysis, reporting, and client presentations
    • Manage two-stage procurement processes where required
    • Negotiate and finalise contract documentation with clients and contractors
    • Maintain strong stakeholder engagement across all levels
  • Post-Contract Management
    • Prepare and present cost reports, cashflow forecasts, and financial updates
    • Manage change control processes, including variations, claims and loss & expense
    • Assess works completed and provide recommendations for interim valuations
    • Lead negotiations and agreement of final accounts
  • Cost Planning & Estimating
    • Develop and manage project budgets, ensuring cost control throughout the lifecycle
    • Produce detailed cost plans and estimates at various design stages
    • Monitor project changes, risk registers, and contingency allowances
    • Carry out benchmarking and market testing exercises
    • Analyse design changes and provide cost-effective recommendations
  • Risk Management
    • Identify and assess project risks and implement mitigation strategies
    • Provide proactive commercial advice to project teams
    • Support avoidance of disputes and programme delays

About You

  • Degree qualified in Quantity Surveying or related discipline
  • MRICS (or working towards)
  • Strong experience across both pre- and post-contract activities
  • Previous consultancy experience highly desirable
  • Strong understanding of procurement routes and contract conditions
  • Excellent stakeholder management and communication skills
  • Commercially aware with strong analytical and problem-solving ability
  • Proactive, self-motivated and able to work independently
  • Experience with Microsoft Office and CostX
  • Demonstrated leadership ability and experience mentoring team members
  • Track record of contributing to business growth and client relationships

Why Apply?

  • Opportunity to work on high-profile, complex projects
  • Clear pathway for career progression into senior leadership
  • Exposure to a wide variety of sectors
  • Collaborative and supportive team environment
  • Strong focus on professional development and growth

Cost Manager in London employer: Clear.

Join a dynamic and collaborative cost management team in London, where you will have the opportunity to work on high-profile projects across various sectors, including commercial and hospitality. Our supportive work culture prioritises professional development and offers clear pathways for career progression, making it an excellent place for those eager to take ownership and thrive in a fast-paced environment.
Clear.

Contact Detail:

Clear. Recruiting Team

StudySmarter Expert Advice 🤫

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

✨Tip Number 1

Network like a pro! Get out there and connect with industry professionals, attend events, and join relevant groups. The more people you know, the better your chances of landing that Cost Manager role.

✨Tip Number 2

Show off your skills in interviews! Prepare to discuss your experience with procurement strategies and project management. Use specific examples to demonstrate how you've successfully managed costs and delivered projects on time.

✨Tip Number 3

Don’t just apply anywhere; focus on companies that align with your values and career goals. We recommend checking out our website for opportunities that fit your expertise in cost management and project delivery.

✨Tip Number 4

Follow up after interviews! A quick thank-you email can set you apart from other candidates. It shows your enthusiasm for the role and keeps you fresh in their minds as they make their decision.

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

Cost Management
Procurement Strategies
Tender Documentation Preparation
Stakeholder Engagement
Post-Contract Management
Cost Planning & Estimating
Risk Management
Analytical Skills
Problem-Solving Skills
Communication Skills
Microsoft Office
CostX
Leadership Ability
Client Relationship Management

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Cost Manager role. Highlight your experience in both pre- and post-contract activities, and don’t forget to showcase your stakeholder management skills. We want to see how you can bring value to our dynamic team!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about cost management and how your background aligns with our projects. We love seeing enthusiasm and a clear understanding of the role, so let your personality come through!

Showcase Relevant Experience: When detailing your experience, focus on specific projects where you've managed budgets or led procurement processes. We’re looking for concrete examples that demonstrate your ability to handle the responsibilities outlined in the job description.

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen to join our supportive and forward-thinking environment!

How to prepare for a job interview at Clear.

✨Know Your Numbers

As a Cost Manager, you'll need to demonstrate your financial acumen. Brush up on key metrics and be ready to discuss how you've managed budgets in previous roles. Prepare examples of cost-saving strategies you've implemented and how they benefited the project.

✨Showcase Your Stakeholder Skills

This role involves a lot of client interaction, so be prepared to talk about your experience in managing relationships. Think of specific instances where you successfully engaged stakeholders or resolved conflicts. Highlight your communication skills and how they contributed to project success.

✨Demonstrate Your Problem-Solving Ability

Expect questions that assess your analytical skills and ability to handle challenges. Prepare to discuss past projects where you identified risks and implemented effective mitigation strategies. Use the STAR method (Situation, Task, Action, Result) to structure your responses.

✨Research the Company and Sector

Familiarise yourself with the company’s recent projects and their approach to cost management. Understanding the sectors they operate in, like commercial and hospitality, will show your genuine interest and help you tailor your answers to align with their values and goals.

Cost Manager in London
Clear.
Location: London

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