Cost Manager

Related•New York, NY

1d•Onsite

About The Position

We are looking for a Cost Manager to join our team to support data center projects. This position will be fulltime onsite, based in our offices in New York City. This individual will report into the Senior Vice President.

Requirements

Minimum of 5 years relevant experience in real estate development or construction management, data centers is preferred
Bachelor’s degree in Engineering, Construction Management or related field.
Advanced proficiency in Microsoft Excel
Strong analytical, interpersonal and communication skills with the ability to influence and engage stakeholders at all levels
Ability to handle multiple tasks, and to work independently in an organized manner with strong attention to detail and accuracy

Nice To Haves

Master's Degree is a plus

Responsibilities

Act as an intermediary between development, construction, accounting and legal to produce financial/cost reporting
Ensure compliance to established processes and procedures for all cost processes
Responsible for the projects weekly and monthly cost reporting. This includes the monthly cost report for internal reporting to upper management and external reporting to partners, lenders and tenants. Be prepared to discuss all relevant cost information with upper management
Work with development manager, project management and accounting to transforming the estimates or proformas from native format into the cost code structure to be used on the project
As the project progresses, maintain the structure of the ACR by ensuring transfers are performed and new cost codes are created to track budget, contracts, allowances, unbought scope and holds
Prepare cost analysis and reports containing historical, current, and forecasted information for use by project stakeholders
Maintain a deep understanding of the projects hard and soft cost budget. This includes understanding what work remains to be procured and what contingencies or Holds are available for use on remaining scope
Report on committed and projected uses of contingency including uses for procurement and exposures
Manage and report on the projects change events log for hard and soft costs. Ensure all change events are tracked and reported with all relevant information including budget source and exposure amounts
Work with the procurement team to understand all Holds created. Track and report on current and anticipated use of Hold dollars
Ensure anticipated risk is incorporated into cost analysis and projections
Work in detail with development team, design team and construction team to create and review estimates
Prepare cash flows and update as required
Work with the procurement team to very that bid package budgets are accurate
Assist in contract close out and ensure all cost data is accurately incorporated into close out process