Cost Management Director

CBRE•West Point, PA

About The Position

About the Role: As a Cost Management Director, you will assist with overseeing the department responsible for individual multi-disciplined real estate cost solutions for clients. This job is part of Project Management function. They are responsible for all phases of project execution from initiation through closeout. What You'll Do: Provide formal supervision to employees. Monitor the training and development of staff. Conduct performance evaluations and coaching. Oversee the recruiting and hiring of new employees. Coordinate and manage the team's daily activities. Establish work schedules, assign tasks, and cross-train staff. Set and track staff and department deadlines. Mentor and coach as needed. Manage all aspects of commercial management including procurement, vendor management, scheduling, etc. Assist with designing and maintaining project-specific cost models to manage expenditures. Use cost model data to publish reports. Align cost model with stakeholder and client goals. Supply guidance and direction to achieve deliverables within the project scope. Establish a strategy to manage cash flow and project accruals. Implement commercial management strategies that identify goals and align with the project timelines. Assess the financial benefit and risk rating of projects to assess necessity. Develop and publish business cases to support recommendations. Apply a robust knowledge of multiple disciplines, the business, and key drivers which impact departmental and cross-functional performance. Identify and solve multi-dimensional, complex, operational, and organizational problems leveraging the appropriate resources within or outside the department. Significantly improves and changes existing methods, processes, and standards within job discipline. Lead by example and model behaviors that are consistent with CBRE RISE values. Persuade managers and other colleagues to take action while being guided by the organization's functional business plans. Negotiate with external partners, vendors, and customers of divergent interests to reach a common goal.

Responsibilities

Provide formal supervision to employees.
Monitor the training and development of staff.
Conduct performance evaluations and coaching.
Oversee the recruiting and hiring of new employees.
Coordinate and manage the team's daily activities.
Establish work schedules, assign tasks, and cross-train staff.
Set and track staff and department deadlines.
Mentor and coach as needed.
Manage all aspects of commercial management including procurement, vendor management, scheduling, etc.
Assist with designing and maintaining project-specific cost models to manage expenditures.
Use cost model data to publish reports.
Align cost model with stakeholder and client goals.
Supply guidance and direction to achieve deliverables within the project scope.
Establish a strategy to manage cash flow and project accruals.
Implement commercial management strategies that identify goals and align with the project timelines.
Assess the financial benefit and risk rating of projects to assess necessity.
Develop and publish business cases to support recommendations.
Apply a robust knowledge of multiple disciplines, the business, and key drivers which impact departmental and cross-functional performance.
Identify and solve multi-dimensional, complex, operational, and organizational problems leveraging the appropriate resources within or outside the department.
Significantly improves and changes existing methods, processes, and standards within job discipline.
Lead by example and model behaviors that are consistent with CBRE RISE values.
Persuade managers and other colleagues to take action while being guided by the organization's functional business plans.
Negotiate with external partners, vendors, and customers of divergent interests to reach a common goal.