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- Tasks: Manage costs and contracts for consultancy projects, ensuring budgets are met and risks are managed.
- Company: Dynamic consultancy firm based in Cardiff with a focus on innovation.
- Benefits: Competitive salary, professional development, and flexible working hours.
- Other info: Office-based role with opportunities for client interaction and career growth.
- Why this job: Join a team that values your expertise and offers real impact on project success.
- Qualifications: Professional qualification in cost or contract management and relevant degree required.
The predicted salary is between 40000 - 50000 £ per year.
The Cost and Contracts Manager is responsible for overseeing all aspects of cost management and contract administration within consultancy projects. This role ensures that projects are delivered within budget and contractual obligations are met, while maintaining strong commercial and financial control. The post-holder manages contract negotiations, cost forecasting, risk assessments, and financial reporting to support successful project delivery and maximise value for the organisation.
Job Duties
- Develop, implement and maintain cost control systems to monitor project budgets and expenditure.
- Prepare, review and negotiate contracts, ensuring compliance with legal and organisational requirements.
- Provide accurate cost forecasts, cost plans and financial reports to support project teams and senior management.
- Identify, assess and manage commercial risks associated with contracts and project delivery.
- Liaise with clients, suppliers and subcontractors to resolve contractual and cost-related issues.
- Support procurement activities, including tender evaluation and supplier selection.
- Ensure all contractual documentation is maintained in accordance with company policies and audit standards.
- Lead contract administration processes including variations, claims and dispute resolution.
- Collaborate with project managers, quantity surveyors and finance teams to ensure integrated cost management.
- Provide guidance and training on cost and contract management best practices to project teams.
Required Qualifications
- A recognised professional qualification in cost or contract management, such as membership of the Chartered Institute of Building (CIOB), Royal Institution of Chartered Surveyors (RICS), or similar.
- Educated to degree level or equivalent in a relevant discipline such as quantity surveying, construction management, business, or law.
Experience
- Minimum of five years' experience in cost and contract management within the consultancy or construction sectors.
- Proven track record of managing complex contracts and large-scale project budgets.
- Experience of contract negotiation, administration and dispute resolution.
- Familiarity with standard forms of contract commonly used in the United Kingdom.
- Demonstrable experience in financial reporting, forecasting and risk management.
Knowledge and Skills
- Comprehensive understanding of contract law and commercial principles.
- Strong numerical and analytical skills to interpret financial data and prepare cost reports.
- Excellent negotiation and communication skills to manage stakeholder relationships effectively.
- Proficiency in relevant software tools, such as Microsoft Office and contract management systems.
- Attention to detail and ability to work under pressure to meet deadlines.
- Ability to lead and motivate teams, providing clear guidance on commercial matters.
Preferred Qualifications
- Postgraduate qualification in contract or commercial management.
- Membership of the Association for Project Management (APM) or similar professional body.
- Experience working within consultancy environments supporting public sector or private sector clients.
Working Conditions
- This role is office-based in Cardiff with occasional travel to client sites or other company offices as required.
- Standard full-time working hours apply, typically Monday to Friday, with flexibility to meet project demands.
- The position involves regular use of computers and telephone communication.
- Occasional attendance at meetings and presentations outside normal working hours may be necessary.
IT Cost & Contracts Manager in Cardiff employer: Morson Edge
Contact Detail:
Morson Edge Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land IT Cost & Contracts Manager in Cardiff
✨Tip Number 1
Network like a pro! Reach out to your connections in the consultancy and construction sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching the company and its projects. Understand their approach to cost management and contract administration. This will help you tailor your answers and show that you're genuinely interested in the role.
✨Tip Number 3
Practice your negotiation skills! Since this role involves contract negotiations, being able to demonstrate your ability to handle tough conversations can set you apart. Role-play with a friend or mentor to build your confidence.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities waiting for you, and applying directly can sometimes give you an edge. Plus, it’s super easy to keep track of your applications!
We think you need these skills to ace IT Cost & Contracts Manager in Cardiff
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the IT Cost & Contracts Manager role. Highlight your experience in cost management and contract administration, and don’t forget to mention any relevant qualifications or memberships that align with what we’re looking for.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this role. Share specific examples of how you've successfully managed contracts and budgets in the past, and show us your passion for consultancy.
Showcase Your Skills: We want to see your skills in action! Make sure to include any software tools you’re proficient in, especially those related to cost management and financial reporting. This will help us understand how you can hit the ground running.
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it gives you a chance to explore more about StudySmarter and what we stand for.
How to prepare for a job interview at Morson Edge
✨Know Your Numbers
As an IT Cost & Contracts Manager, you'll need to demonstrate your strong numerical and analytical skills. Brush up on financial data interpretation and be ready to discuss how you've managed complex budgets in the past. Prepare specific examples that showcase your ability to forecast costs and manage expenditures effectively.
✨Master Contract Law Basics
Familiarity with contract law is crucial for this role. Make sure you understand the key legal principles and standard forms of contracts used in the UK. Be prepared to discuss how you've navigated contract negotiations and resolved disputes in previous roles, as this will show your depth of knowledge and experience.
✨Showcase Your Communication Skills
Excellent negotiation and communication skills are essential for managing stakeholder relationships. Practice articulating your thoughts clearly and confidently. Think about times when you've successfully liaised with clients, suppliers, or subcontractors to resolve issues, and be ready to share those stories during the interview.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving abilities. Think through potential challenges you might face in cost management or contract administration and how you would address them. This will not only demonstrate your expertise but also your proactive approach to risk management and project delivery.