At a Glance
- Tasks: Manage project budgets and costs for exciting building projects in London.
- Company: Dynamic company focused on innovative construction and engineering solutions.
- Benefits: Competitive salary, travel allowance, bonus scheme, pension, and health insurance.
- Other info: Permanent role with opportunities for career advancement in a vibrant environment.
- Why this job: Join a team that values your input and enhances project value while maintaining quality.
- Qualifications: Experience in cost management and strong analytical skills required.
The predicted salary is between 50000 - 65000 £ per year.
Competitive Salary + Excellent benefits (travel allowance, bonus scheme, pension, health insurance)
Location: London, Docklands
Job Type: Permanent / Full Time
Starting Date: asap
The Cost Manager within our Project Management team is responsible for preparing, completing and submitting for review, all building and services engineering costs on a wide variety of Business-As-Us-ual and major capital expenditure projects. Enhancing value for money while maintaining required installation standards and quality.
Key tasks:
- Develop detailed project budgets for Building and MEP installations for review with the commercial team and project teams.
- Actively review and challenge the developing scope of works, design, tender and tender review information and present it to the rest of the Commercial Team.
- Develop the Project Budget into a detailed Cost Plan with a cash-flow forecast, advising the commercial team of any deviation. Monitor project expenditure.
- Work alongside the Procurement department in the execution of the tendering process, actively participating in the selection process of contractors and suppliers.
- Participate in the administration of contracts, by assessing financial impacts, assessing the value of materials and the progress of the works for the purpose of Valuations.
- Evaluate Building and MEP related contractor/supplier claims (Loss & Expense), Payless Notices, and Extensions of Time.
- Complete Section and Practical Completion.
Cost Manager in London employer: Telehouse
As a leading employer in the heart of London Docklands, we offer a dynamic work environment that fosters collaboration and innovation. Our commitment to employee growth is reflected in our comprehensive benefits package, including a competitive salary, travel allowance, and health insurance, alongside opportunities for professional development within our Project Management team. Join us to be part of a culture that values excellence and encourages you to make a meaningful impact on major capital projects.
StudySmarter Expert Advice🤫
We think this is how you could land Cost Manager in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend events, and join relevant groups. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its projects. Show us that you understand their values and how you can contribute to their success as a Cost Manager. Tailor your answers to highlight your relevant experience.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or family to build your confidence. Focus on articulating your skills in budgeting, cost planning, and project management clearly and concisely.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
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 with project budgets, cost plans, and any relevant certifications. We want to see how your skills match 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 our team. Mention specific projects you've worked on that relate to the job description and show us your passion for cost management.
Showcase Your Attention to Detail:As a Cost Manager, attention to detail is key. In your application, make sure to demonstrate this by being clear and concise. Double-check for any typos or errors – we love a polished application!
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you get all the updates directly from us. Plus, it’s super easy!
How to prepare for a job interview at Telehouse
✨Know Your Numbers
As a Cost Manager, you'll need to demonstrate your financial acumen. Brush up on key financial metrics and be ready to discuss how you've managed budgets in previous roles. Bring examples of cost-saving measures you've implemented or how you've enhanced value for money.
✨Understand the Project Lifecycle
Familiarise yourself with the entire project lifecycle, especially in relation to Building and MEP installations. Be prepared to discuss how you would approach developing a detailed project budget and managing cash-flow forecasts. This shows you understand the bigger picture and can contribute effectively.
✨Challenge the Status Quo
The job requires actively reviewing and challenging the scope of works and designs. Think of instances where you've successfully questioned assumptions or proposed alternative solutions. This will highlight your critical thinking skills and your ability to work collaboratively with teams.
✨Showcase Your Teamwork Skills
You'll be working closely with various teams, including procurement and commercial teams. Prepare to share examples of how you've collaborated with others to achieve project goals. Emphasising your communication skills and ability to build relationships will set you apart.
