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- 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.
- Other info: Join a supportive team with opportunities for mentorship and career growth.
- Why this job: Lead exciting projects and make a real impact in the construction industry.
- Qualifications: Degree in Cost/Quantity Consultancy and relevant experience in construction.
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.
- 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 in London employer: MA COST CONSULTING LTD
Contact Detail:
MA COST CONSULTING LTD Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Intermediate Cost Manager in London
✨Tip Number 1
Network like a pro! Attend industry events and conferences to meet potential employers and other professionals. Don’t be shy—introduce yourself and chat about your experience in cost management; it’s all about making connections!
✨Tip Number 2
Show off your skills in interviews! Prepare examples of how you've successfully managed budgets and communicated with clients. Use specific situations to demonstrate your organisational skills and ability to work independently.
✨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 keen and professional!
✨Tip Number 4
Apply through our website! We love seeing candidates who take the initiative. Make sure your application reflects your understanding of the role and how you can contribute to our team. Let’s get you that job!
We think you need these skills to ace Intermediate Cost Manager in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your organisational skills, accuracy, and any relevant construction industry experience to show us you're the right fit for the role.
Craft a Compelling Cover Letter: Use your cover letter to tell us why you’re passionate about the Cost Manager role. Share specific examples of how you've successfully managed budgets or improved client relationships in past projects to demonstrate your value.
Showcase Your Communication Skills: Since effective communication is key, make sure your application is clear and professional. Use straightforward language and structure your thoughts logically to reflect your ability to communicate with clients and stakeholders.
Apply Through Our Website: We encourage you to apply directly through our website. This way, you can ensure your application reaches us quickly and you’ll have access to all the latest updates about the role and our company!
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 Communication Skills
Effective communication is key in this role. Prepare examples of how you've led meetings or collaborated with clients and project teams. Highlight your ability to convey complex information clearly and professionally.
✨Demonstrate Organisational Prowess
With multiple projects on the go, it's crucial to show that you can organise your time and meet deadlines. Be prepared to discuss specific strategies you've used to manage competing priorities and ensure quality standards are met.
✨Stay Updated on Industry Trends
Knowledge of industry trends and regulations is vital for a Cost Manager. Research current best practices and be ready to discuss how you've applied this knowledge in your previous roles to enhance client experience and project outcomes.