Graduate, Cost Manager in London
Graduate, Cost Manager

Graduate, Cost Manager in London

London Entry level 36000 - 60000 ÂŁ / year (est.) No home office possible
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At a Glance

  • Tasks: Support cost management for health and life sciences projects 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 delivering impactful projects that improve lives.
  • Qualifications: Degree in Quantity Surveying/Commercial Management and a passion for career development.
  • Other info: Collaborative environment with a focus on innovation and community support.

The predicted salary is between 36000 - 60000 ÂŁ per year.

Lexica is a leading specialist consultancy, transforming environments for clients in health and life sciences. From June 2025 Lexica is a member of WSP (UK) Ltd and will be fully integrated into the organisation by Jan 2026. 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. Our clients tell us that we are different from other consultancies. They know that we have a wide range of skills across the business that gives us a competitive edge over other organisations. By joining Lexica, you will be part of the journey with our clients and colleagues.

As a Graduate 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 help to 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:

  • Assist in the cost management of projects through the entire project lifecycle
  • Assist in preparation of estimates, cost modules and cost plans
  • Assist with the 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
  • Assist with cost reports, presenting to stakeholders, and supporting the preparation of business cases for public funding approval

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
  • Understanding of project controls and financial management, importance of 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.

Graduate, Cost Manager in London employer: Lexica

At Lexica, we pride ourselves on being a supportive and inclusive employer, dedicated to fostering professional growth and development for our team members. As a Graduate Cost Manager, you will thrive in an agile work environment that values collaboration and innovation, while contributing to meaningful projects in the health and life sciences sectors. With access to ongoing learning opportunities and a commitment to making a positive impact, Lexica is the ideal place for those looking to build a rewarding career.
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Contact Detail:

Lexica Recruiting Team

StudySmarter Expert Advice 🤫

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

✨Tip Number 1

Network like a pro! Reach out to people in the industry, attend events, and connect with professionals on LinkedIn. You never know who might have the inside scoop on job openings or can refer you directly.

✨Tip Number 2

Prepare for interviews by researching Lexica and understanding their projects in health and life sciences. Tailor your answers to show how your skills align with their mission and values. Confidence is key!

✨Tip Number 3

Practice makes perfect! Conduct mock interviews with friends or mentors to refine your responses. Focus on articulating your experience in cost management and how it relates to the role of a Graduate Cost Manager.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining the Lexica team.

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

Cost Management
Project Lifecycle Management
Estimation and Cost Planning
Tender Documentation Preparation
Contract Administration
Cost Control
Financial Management
Client Communication
Stakeholder Presentation
Commercial Awareness
Negotiation Skills
Collaboration
Analytical Thinking
Attention to Detail

Some tips for your application 🫡

Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Graduate Cost Manager role. Highlight any relevant projects or coursework in Quantity Surveying or Commercial Management that showcase your understanding of cost management.

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to express your passion for the health and life sciences sectors and how you can contribute to Lexica's mission. Be sure to mention specific examples of your teamwork and communication skills.

Showcase Your Understanding of Project Controls: In your application, demonstrate your knowledge of project controls and financial management. Mention any experience you have with cost reporting or compliance, as this will show us you understand the importance of accuracy in cost management.

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, you’ll find all the details about the role and our company culture there!

How to prepare for a job interview at Lexica

✨Know Your Numbers

As a Graduate Cost Manager, you'll be dealing with estimates and cost plans. Brush up on your numerical skills and be ready to discuss how you would approach cost management for projects in health and life sciences. Familiarise yourself with common cost management tools and methodologies.

✨Showcase Your Communication Skills

You'll need to work closely with clients and multidisciplinary teams, so practice articulating your thoughts clearly. Prepare examples of how you've successfully communicated complex information in the past, whether in group projects or presentations. This will demonstrate your ability to perform client-facing duties.

✨Understand the Sector

Research Lexica and its role within the health and life sciences sectors. Be prepared to discuss current trends and challenges in these fields. Showing that you understand the context in which you'll be working will set you apart from other candidates.

✨Prepare Questions

Interviews are a two-way street! Prepare thoughtful questions about the role, team dynamics, and the projects you'll be involved in. This not only shows your interest but also helps you gauge if Lexica is the right fit for you. Think about what you want to learn and achieve in this position.

Graduate, Cost Manager in London
Lexica
Location: London
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  • Graduate, Cost Manager in London

    London
    Entry level
    36000 - 60000 ÂŁ / year (est.)
  • L

    Lexica

    50-100
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