At a Glance
- Tasks: Support project delivery in health and life sciences, managing costs from start to finish.
- Company: Join Lexica, a leading consultancy transforming environments in health and life sciences.
- Benefits: Inclusive work culture, ongoing learning opportunities, and a chance to make a real difference.
- Why this job: Be part of a dynamic team and contribute to impactful projects that improve lives.
- Qualifications: Degree in Quantity Surveying or Commercial Management; desire to become a Chartered Quantity Surveyor.
- Other info: Collaborative environment with a focus on innovation and community support.
The predicted salary is between 36000 - 60000 £ per year.
Lexica is a leading specialist consultancy, transforming environments for clients in health and life sciences. We are helping organisations to become more efficient and effective in the core sectors that we work in; whether improving patient pathways for the NHS, developing laboratories to facilitate world-leading science, or rationalising educational campuses to attract the highest calibre students and research investment.
As a Cost Manager you will support the delivery of projects across the health and life sciences sectors and be part of a dynamic team responsible for providing full cost management services from initial feasibility through to completion on complex refurbishments and new-build schemes. You will deliver robust cost plans, support procurement and tendering, administration of contracts, and ensuring strong cost control throughout the project lifecycle. You will work closely with NHS Trust, science clients, and design teams.
What we expect from you:
- Experience in project delivery utilising all common procurement and contract strategies
- Managing tender processes including production of Tender and Value for Money reports
- Assist in the cost management of through the entire project lifecycle
- Preparation of estimates, cost plans using the NRM-based approach
- Preparation of pricing schedules, tender and contract documentation
- Undertake monthly assessments for payment
- Construction phase cost management including attending site meetings, negotiating and agreeing variations with the contractor and preparing the monthly cost report to the client
- Produce cost reports and cashflows, presenting to stakeholders, and supporting the preparation of business cases for public funding approval
- To be familiar with the construction industry and work within a fast-paced consultancy environment
- Actively engaged in value and risk management, having facilitated structured risk workshops and delivered value engineering proposals
What we will be looking for you to demonstrate:
- Educated to degree level or equivalent in Quantity Surveying/ Commercial Management
- A desire to develop your career and become a Chartered Quantity Surveyor
- Demonstrable track record of successful outcomes and able to work under own initiative
- An understanding of typical traditional and design and build contract T&Cs and mechanisms commonly used in the UK
- Competence in project controls and financial management, maintaining accurate reporting across all project stages and ensuring compliance with client funding requirements and audit standards
- Strong communication, ability to perform client-facing duties and work collaboratively with multidisciplinary teams
- Commercial awareness, a logic thinker, who works efficiently and accurately to high standards
What makes Lexica a great place to work:
At Lexica, you'll work in a supportive and inclusive work environment, with access to ongoing learning and development opportunities. If you share our commitment to Professionalism, Innovation, Knowledge and Collaboration, joining Lexica is the way to make a real difference. We work in an agile and inclusive environment bringing our expertise to each project. We are at our best when we work together to help others and have supported many local and national charities over the years. You will be joining an ideas-driven culture that embraces new perspectives to solve complex problems.
Cost Manager in London employer: Lexica
Contact Detail:
Lexica 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 people in the health and life sciences sectors. Attend industry events, join relevant online forums, and don’t be shy about reaching out to potential colleagues on LinkedIn. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Show off your skills! When you get the chance to chat with hiring managers or during interviews, make sure to highlight your experience in cost management and project delivery. Use specific examples from your past work to demonstrate how you can add value to their team.
✨Tip Number 3
Research the company! Before any interview, dive deep into Lexica’s projects and values. Understanding their approach to transforming environments will help you tailor your responses and show that you’re genuinely interested in being part of their journey.
✨Tip Number 4
Apply through our website! We love seeing applications directly from candidates who are excited about joining us. It shows initiative and gives you a better chance of standing out. Plus, you’ll find all the latest job openings right there!
We think you need these skills to ace Cost Manager in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Cost Manager role. Highlight your experience in project delivery and cost management, especially in health and life sciences. We want to see how your skills align with what we do at Lexica!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about joining Lexica and how your background makes you a perfect fit for our team. Don’t forget to mention any relevant projects you've worked on!
Showcase Your Achievements: When detailing your experience, focus on specific achievements that demonstrate your ability to manage costs effectively. We love numbers, so if you can quantify your successes, even better! It shows us you know your stuff.
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 at Lexica!
How to prepare for a job interview at Lexica
✨Know Your Numbers
As a Cost Manager, it's crucial to be well-versed in cost management principles. Brush up on your knowledge of NRM-based approaches and be ready to discuss how you've applied these in past projects. Prepare specific examples that showcase your ability to deliver robust cost plans and manage budgets effectively.
✨Understand the Client's Needs
Lexica works closely with clients in health and life sciences, so make sure you understand their unique challenges. Research recent projects or case studies related to NHS Trusts or laboratory developments. This will help you demonstrate your understanding of the sector and how you can contribute to their goals.
✨Showcase Your Communication Skills
Strong communication is key in this role, especially when presenting cost reports to stakeholders. Practice articulating complex financial information clearly and concisely. You might even want to prepare a mock presentation to get comfortable discussing your findings and recommendations.
✨Be Ready for Scenario Questions
Expect to face scenario-based questions that assess your problem-solving skills and decision-making process. Think about past experiences where you had to negotiate variations with contractors or manage risks. Be prepared to explain your thought process and the outcomes of your actions.