Intermediate Cost Manager

Intermediate Cost Manager

Full-Time 40000 - 50000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Manage project costs, ensuring budgets are met while maintaining quality standards.
  • Company: Dynamic construction firm focused on collaboration and client satisfaction.
  • Benefits: Hybrid working, private healthcare, generous holiday, and professional development support.
  • Why this job: Lead exciting projects and make a real impact in the construction industry.
  • Qualifications: Degree in Cost/Quantity Consultancy and 3-4 years of relevant experience required.
  • Other info: Join a supportive team with opportunities for mentorship and career growth.

The predicted salary is between 40000 - 50000 £ per year.

The Cost Manager provides essential support to ensure the financial viability of a construction process within client projects. A Cost Manager should primarily work independently through monitoring expenditures and identifying cost savings in collaboration with project teams, contractors and clients alongside project objectives. At this level, cost managers are expected to take a level of responsibility to ensure budgets are maintained whilst meeting quality standards and client expectations.

Responsibilities

  • Organisational Skills: The ability to oversee multiple projects and organise own time and deadlines to meet differing client needs.
  • Accuracy and Due Diligence: The ability to provide accurate measurement and cost planning, ensuring that all works are presented professionally. This role will also support the checking work of Assistants.
  • Effective Communication: An ability to communicate clearly and effectively across all levels, with clients and external stakeholders, including leading meetings when required.
  • Team Work and Collaboration: Building healthy team and client relationships to foster a positive and cooperative work environment.
  • Knowledge Development: To maintain and establish knowledge on industry trends, regulations and best practice.
  • Time Management: The ability to organise own time to meet client deadlines and complete work tasks to a high standard.

Qualifications

  • Education: Degree or Equivalent Experience in Cost/Quantity Consultancy.
  • Professional: Working towards or hold MRICS/NECReg or equivalent.
  • Software/IT Tools: Driving License: Yes.
  • Experience: It is essential anybody coming into this role has experience working within the construction industry as a cost manager or similar. Typically, we would look for somebody with a minimum of 3-4 years relevant experience working towards or having achieved professional status. They should ideally have knowledge of JCT and NEC contract administration and be confident in client facing roles.

What We’re Looking For

  • Leading on site meetings and attending site for valuation and client account purposes.
  • Conducting valuations on sites and using digital measurement tools to quantify works and use for cost plans and contractor submissions.
  • Preparation of cost reports through developing project budgets and taking into account client budgetary constraints.
  • Considering client needs and the provision of budget constraints through assessing risks, solutions and mitigating risks in relation to budget preparation.
  • Managing, analysing and monitoring project costs and variations ensuring changes are costed, approved and incorporated into financial controls.
  • Preparing pre-contract documentation to include cost planning, procurement, tendering and value engineering advice.
  • Preparing post-contract documentation and issuing JCT and NEC contract notices alongside practices.
  • Maintain project documentation and files and utilising Assistants in this practice.
  • Project Management to ensure that projects are delivered on time with scope and to budget.
  • Attending conferences and networking events as and when required.
  • Mentoring and training of Assistant Cost Managers.
  • To maintain and establish knowledge on industry trends, regulations and best practice.

Our Values

  • Stronger Together: Leading and working collaboratively as part of a team and building positive working relationships.
  • Client Focused: ‘Listen to Clients. Learn. Make it Happen’. Demonstrating that you are continuously enhancing client experience.
  • Leadership: ‘Be the Difference’. Encouraging, training, and supporting more junior members of your team.
  • Think Solutions. Not Problems: Demonstrating and communicating solutions and smarter ways to approach a piece of work.
  • Accountability: ‘Do What’s Right. Not What’s Easy’. Always following through on commitments and tasks whether set by your team or by clients.

ROLE CHALLENGES

The Cost Manager should aim to work with minimum assistance and independently. They should be developing a balance between ensuring guidance is requested when needed without expecting the same level of supervision as the Assistant Cost Manager. Communication and organisational skills are crucial at this level and the aim for any Cost Manager is to develop a level of independence whilst continuing to build their knowledge of the administration of construction contracts from inception to completion.

AIM OF ROLE

Working independently with minimal assistance leading on client projects. Hold or achieve APC qualification.

Benefits:

  • Hybrid Working
  • Private Vitality Healthcare for you and your family
  • 27 Days Holiday plus Bank Holidays (plus buy and sell holiday)
  • 4 x Death in Service
  • Professional Membership Fees Paid
  • Enhanced Maternity & Paternity Pay
  • Contractual Sick Pay
  • Regular Funded Social Events
  • RICS/APC Professional Accreditation Support

Intermediate Cost Manager employer: MA Cost Consulting Ltd.

As an Intermediate Cost Manager, you will thrive in a dynamic and supportive environment that prioritises professional growth and collaboration. Our company fosters a culture of teamwork and appreciation, offering extensive benefits such as hybrid working, private healthcare, and generous holiday allowances, ensuring a healthy work-life balance. With opportunities for mentorship and professional accreditation support, we are committed to your development while delivering exceptional client-focused solutions.
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Contact Detail:

MA Cost Consulting Ltd. Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Intermediate Cost Manager

✨Tip Number 1

Network like a pro! Attend industry events, conferences, and meet-ups to connect with potential employers and fellow professionals. Don’t be shy; introduce yourself and share your passion for cost management in construction.

✨Tip Number 2

Showcase your skills in real-time! If you get the chance, offer to present your insights or solutions during meetings or discussions. This not only demonstrates your expertise but also helps you stand out as a proactive candidate.

✨Tip Number 3

Follow up after interviews! A quick thank-you email can go a long way. Mention something specific from your conversation to remind them of your fit for the role. It shows you're genuinely interested and keeps you on their radar.

✨Tip Number 4

Keep learning and adapting! Stay updated on industry trends and best practices. Share your knowledge in conversations, and don’t hesitate to ask questions. This shows your commitment to growth and can impress potential employers.

We think you need these skills to ace Intermediate Cost Manager

Organisational Skills
Accuracy and Due Diligence
Effective Communication
Team Work and Collaboration
Time Management
Cost Planning
Project Management
Knowledge of JCT and NEC Contracts
Digital Measurement Tools
Risk Assessment
Valuation Preparation
Mentoring and Training
Client Relationship Management
Problem-Solving Skills
Financial Control

Some tips for your application 🫡

Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience in cost management and the construction industry. We want to see how your skills align with our needs, so don’t hold back on showcasing your relevant achievements!

Showcase Your Organisational Skills: Since this role requires juggling multiple projects, give us examples of how you've successfully managed your time and deadlines in the past. We love seeing candidates who can demonstrate their ability to stay organised while meeting client expectations.

Communicate Clearly: Effective communication is key for us at StudySmarter. In your application, make sure to express your thoughts clearly and concisely. If you have experience leading meetings or collaborating with clients, let us know – we want to hear about it!

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows us you’re keen on joining our team!

How to prepare for a job interview at MA Cost Consulting Ltd.

✨Know Your Numbers

As a Cost Manager, you'll need to demonstrate your ability to manage budgets effectively. Brush up on your financial metrics and be ready to discuss how you've successfully monitored expenditures and identified cost savings in past projects.

✨Showcase Your Organisational Skills

Prepare examples that highlight your ability to oversee multiple projects and meet deadlines. Discuss specific tools or methods you use to stay organised, as this will show your potential employer that you can handle the demands of the role.

✨Communicate Clearly

Effective communication is key in this role. Practice articulating your thoughts clearly and confidently, especially when discussing complex topics like contract administration or project costs. Be prepared to lead a mock meeting during the interview to showcase this skill.

✨Demonstrate Team Spirit

Since teamwork is crucial, think of instances where you've built positive relationships with clients and colleagues. Share how you’ve mentored others or contributed to a collaborative environment, as this aligns with the company’s values of 'Stronger Together'.

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