Senior Cost Manager

Senior Cost Manager

Full-Time 36000 - 60000 £ / 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 relevant field and experience in cost management.
  • Other info: Join a dynamic team with opportunities for professional development.

The predicted salary is between 36000 - 60000 £ 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 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, employees benefit from a supportive culture that values their contributions and encourages continuous improvement.
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Contact Detail:

iO Associates Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Cost Manager

✨Tip Number 1

Network like a pro! Reach out to industry contacts on LinkedIn or at events. We all know that sometimes it’s not just what you know, but who you know that can get you in the door.

✨Tip Number 2

Prepare for interviews by researching the company and its projects. We want you to show genuine interest in their work and how you can contribute to their success as a Senior Cost Manager.

✨Tip Number 3

Practice your negotiation skills! As a Senior Cost Manager, you’ll need to negotiate contracts and final accounts. We suggest role-playing with a friend to build your confidence.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. We’re excited to see how you can help shape the future of infrastructure!

We think you need these skills to ace Senior Cost Manager

Cost Management
Contract Management (NEC3, Option A, C & E)
Change Management
Valuation and Risk Management
Estimating and Pricing Techniques
Project Lifecycle Management
Financial Oversight
Stakeholder Engagement
Forecasting and Reporting
Collaboration
Negotiation Skills
Construction Industry Knowledge
Procurement Processes
Continuous Improvement

Some tips for your application 🫡

Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Senior Cost Manager role. Highlight your expertise in cost management, contract administration, and any relevant qualifications to catch our eye!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for the role and how your background in the infrastructure industry can contribute to our client's success. Keep it engaging and personal.

Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! Use specific examples of how you've managed costs, improved project outcomes, or led teams to success. Numbers and results speak volumes!

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 don’t miss out on any important updates from us!

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 project success.

✨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.

✨Bring Commercial Insights

The ability to provide commercial insights is crucial. Think about how you've added value in previous roles through strategic decision-making. Be ready to share examples of how your insights have influenced project outcomes and improved financial oversight.

Senior Cost Manager
iO Associates
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