Senior Cost Manager in London

Senior Cost Manager in London

London Full-Time 48000 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Manage project costs and contracts to enhance infrastructure projects.
  • Company: Leading infrastructure firm known for innovation and collaboration.
  • Benefits: Competitive salary, career growth, and a supportive work culture.
  • Why this job: Make a real impact on UK infrastructure while developing your skills.
  • Qualifications: Degree in a relevant field and experience in cost management.
  • Other info: Join a dynamic team focused on excellence and employee well-being.

The predicted salary is between 48000 - 72000 £ per year.

Our Client operates within the infrastructure industry, delivering impactful projects and programmes that enhance everyday life. They are renowned for their commitment to excellence and innovation, cultivating a work culture that prioritises collaboration, growth, and the well-being of their employees.

Our Client is seeking a Senior Cost Manager or Senior Quantity Surveyor to support their ongoing growth and influence the UK infrastructure landscape significantly. This role is vital for delivering effective cost and project management services within the transportation and utilities sectors. The successful candidate will play a crucial role in enhancing project outcomes and driving strategic initiatives.

Responsibilities

  • Establish and maintain professional relationships with clients, colleagues, and other stakeholders.
  • Administer a range of contracts in alignment with project objectives and policies.
  • Provide consistent and accurate project cost monitoring, forecasting, and reporting throughout project lifecycles.
  • Proactively manage cost variances and contract cash flows, ensuring timely and accurate applications.
  • Collaborate effectively with client and contractor teams to deliver on project objectives, KPIs, and performance targets.
  • Effectively manage contract changes while adhering to governance and best practices.
  • Enhance the accuracy of forecasts and budgets through continuous improvement.
  • Offer commercial insights and support to all stakeholders.
  • Negotiate and agree on final accounts, ensuring comprehensive financial oversight.
  • Lead teams and commissions as required.

Proven track record and sound understanding of:

  • Contract Management (preferably NEC3, Option A, C & E)
  • Cost Management principles
  • Change management and control processes
  • Valuation and risk management strategies
  • Estimating and pricing techniques
  • Collaborative approach with a focus on project success
  • Solid knowledge of construction industry practices, including various procurement routes, value management, and value engineering.

Degree qualified (or equivalent) in a relevant field. Professional body membership or progression towards a relevant qualification is advantageous. Additional experience or qualifications in project lifecycle efficiencies and improvements. Familiarity with procurement and commissioning processes would be beneficial.

Senior Cost Manager in London employer: iO Associates

Our Client is an exceptional employer in the infrastructure industry, offering a dynamic work environment that fosters collaboration and innovation. With a strong commitment to employee well-being and professional growth, they provide ample opportunities for career advancement while working on impactful projects that enhance everyday life. Located in the UK, the company promotes a culture of excellence, ensuring that every team member plays a vital role in shaping the future of infrastructure.
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Contact Detail:

iO Associates Recruiting Team

StudySmarter Expert Advice 🤫

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

✨Network Like a Pro

Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out to professionals on LinkedIn. Building relationships can open doors that a CV just can’t.

✨Showcase Your Skills

When you get the chance to chat with potential employers, make sure to highlight your experience in cost management and contract administration. Use specific examples from your past projects to demonstrate how you’ve added value and driven success.

✨Prepare for Interviews

Do your homework on the company and the role. Be ready to discuss how your skills align with their needs, especially in areas like change management and forecasting. Practise common interview questions and prepare some insightful questions of your own!

✨Apply Through Our Website

Don’t forget to check out our website for job openings! Applying directly through us not only shows your interest but also gives you a better chance of being noticed by hiring managers who appreciate proactive candidates.

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

Cost Management
Contract Management
NEC3 Contract Knowledge
Project Cost Monitoring
Forecasting
Reporting
Change Management
Valuation Strategies
Risk Management
Estimating Techniques
Collaboration Skills
Construction Industry Knowledge
Procurement Processes
Value Management
Value Engineering

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Senior Cost Manager role. Highlight your experience in cost management and contract administration, and don’t forget to showcase any relevant qualifications or memberships. We want to see how you can bring value to our team!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention specific projects you've worked on that align with our client's focus on infrastructure and collaboration. Let us know how you can enhance project outcomes!

Showcase Your Achievements: When detailing your experience, focus on your achievements rather than just responsibilities. Use numbers and examples to illustrate how you've successfully managed costs, improved forecasts, or led teams. We love seeing concrete results!

Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensures you’re considered for the role. Don’t miss out on this opportunity to join our innovative team!

How to prepare for a job interview at iO Associates

✨Know Your Numbers

As a Senior Cost Manager, you'll need to demonstrate your expertise in cost management. Brush up on key metrics and figures relevant to the infrastructure sector. Be ready to discuss how you've successfully managed budgets and forecasts in past projects.

✨Showcase Your Collaborative Spirit

This role emphasises collaboration with clients and contractors. Prepare examples of how you've built strong professional relationships and worked effectively within teams. Highlight any specific instances where your collaborative approach led to successful project outcomes.

✨Master Contract Management

Familiarise yourself with NEC3 contracts and other relevant frameworks. Be prepared to discuss your experience with contract administration and how you've navigated changes while ensuring compliance with governance. This will show your understanding of the complexities involved in contract management.

✨Bring Commercial Insights

The ability to offer commercial insights is crucial. Think about how you've provided value through your financial oversight and decision-making in previous roles. Be ready to share specific examples that illustrate your strategic thinking and how it positively impacted project delivery.

Senior Cost Manager in London
iO Associates
Location: London
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  • Senior Cost Manager in London

    London
    Full-Time
    48000 - 72000 £ / year (est.)
  • I

    iO Associates

    50-100
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