Cost Manager in London

Cost Manager in London

London Full-Time 80000 - 80000 £ / year (est.) No working from home possible
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At a Glance

  • Tasks: Manage financial aspects of construction projects and ensure quality and compliance.
  • Company: Canary Wharf Contractors Limited, a leader in construction with a focus on innovation.
  • Benefits: Competitive salary around £80,000, health benefits, and opportunities for professional growth.
  • Other info: Embrace a culture of excellence, collaboration, and innovation while contributing to community wellbeing.
  • Why this job: Join a dynamic team and make a real impact on exciting construction projects.
  • Qualifications: Experience in Quantity Surveying and strong communication skills are essential.

The predicted salary is between 80000 - 80000 £ per year.

Overview

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 £80,000 dependant on experience. Closing Date - Sunday 26 April.

Main Responsibilities:

  • Discharge responsibilities for Health and Safety as set out in the Canary Wharf Group Health Safety and Welfare manual and the Canary Wharf Group Construction Health and Safety Plan across the package and the overall project.
  • Manage specific elements of work allocated by the Senior Cost Manager/Commercial Executive.
  • Develop approved tender lists.
  • Prepare tender documentation.
  • Conduct commercial evaluation of tenders including meetings, supplemental bid documentation, and preparation of recommendation reports.
  • Prepare contract documentation for execution.
  • Review trade contracts and consultant submittals from a commercial perspective; respond to requests for information as necessary.
  • Liaise with contractors and/or Client representatives to ensure instructions are raised/acted upon, costs received, agreed and change orders issued regularly.
  • Keep accounts up to date throughout the contract durations.
  • Inspect trade contract works for quality and completion from a commercial perspective; advise and 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.
  • Prepare insurance claim documentation.
  • Carry out other reasonable duties as requested 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.
  • Excellent communication skills (verbal and written).
  • Strong negotiation skills.
  • Computer literacy is essential.
  • Ability to maintain excellent working relationships with the project team and all levels of the organisation, both one-to-one and in groups.

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; follow all guidance and instructions. Further details are set out in the Health & Safety Policy and Health, Safety & Welfare Manual.

Environmental, Social & Governance (ESG) Responsibilities:

Recognising the centrality of ESG principles, staff should understand and adopt the ESG Strategy, including adhering to environmental regulations, minimising waste, supporting biodiversity in the urban environment, and contributing to community wellbeing and volunteering where applicable.

Quality Management Responsibilities:

Comply with ISO 9001 requirements and Company Quality Manual & Policies. Ensure the effective implementation of Procedures, Plans, and Forms within the EDMS to meet ISO 9001 standards.

Company Values:

  • Commit to Excellence
  • Foster Collaboration
  • Encourage Engagement
  • Take Ownership
  • Embrace Innovation

Cost Manager in London employer: CWG

Canary Wharf Contractors Limited is an exceptional employer, offering a dynamic work environment in the heart of London’s financial district. With a strong commitment to employee development, we provide ample opportunities for growth and advancement within the construction industry, alongside competitive salaries and a focus on health and safety. Our collaborative culture encourages innovation and engagement, making it a rewarding place for professionals looking to make a meaningful impact in their careers.

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Contact Details:

CWG Recruitment 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 understanding their projects. Be ready to discuss how your skills in cost management can add value to their team. Show them you’re not just another candidate!

Tip Number 3

Practice your negotiation skills! Whether it’s discussing salary or project terms, being confident and clear about what you want can set you apart. Remember, it’s all about finding a win-win situation.

Tip Number 4

Don’t forget to apply through our website! We’ve got loads of opportunities that might be perfect for you. Plus, it shows you’re genuinely interested in joining our team at Canary Wharf Contractors.

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

Financial Management
Health and Safety Compliance
Tender Documentation Preparation
Commercial Evaluation of Tenders
Contract Documentation Preparation
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 engaging – we love a good story!

Showcase Your Communication Skills:Since excellent communication is key for this role, make sure your written application reflects that. Use clear language and structure your thoughts well. We appreciate clarity and professionalism!

Apply Through Our Website:Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy – just follow the prompts!

How to prepare for a job interview at CWG

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 costs effectively.

Showcase Your Communication Skills

Excellent communication is crucial for this role. Practice articulating your thoughts clearly and confidently. Be prepared to discuss how you've liaised with contractors and clients in the past, ensuring that instructions are followed and costs are agreed upon.

Prepare for Technical Questions

Expect questions about tender documentation and contract management. Familiarise yourself with the processes involved in preparing and evaluating tenders. You might be asked to walk through a specific example of how you handled a commercial evaluation or negotiated a final account.

Emphasise Health and Safety Knowledge

Health and safety is a big part of the role. Be ready to discuss your understanding of health and safety regulations and how you've implemented them in previous projects. Highlight any experience you have with the Canary Wharf Group's policies or similar frameworks.