Cost Manager

Mace•Los Angeles, CA

9d•Onsite

About The Position

The Cost Manager provides cost consultancy and project delivery expertise, managing cost planning and control throughout projects. The role covers feasibility studies, procurement strategy and contract selection, estimating, cost planning, contract administration, valuations, cost reporting, claims, and completion activities. The Cost Manager also supports continuous improvement, mentors junior team members, and builds effective relationships with internal and external stakeholders. The role contributes collaboratively to the net zero carbon transition by identifying and managing carbon emissions and reductions during work delivery.

Requirements

Degree in quantity surveying or cost management, or equivalent.
Proven experience in cost consultancy.
Experience in cost planning, budgeting and estimating.
Sound understanding of work costs and timescales and the implications of risks to delivery.
Understanding of different contract types, including methods of measurement.
Professional membership or working toward membership, such as MRICS/RICS or equivalent.
Proficient knowledge and expertise in the relevant project or role sector/market.
Relevant technical qualification or certification for the project portfolio.
Experience with most forms of contract.
Sound knowledge and ability to undertake and advise on contract administration and contract management.
Ability to communicate effectively with all stakeholders.
Ability to identify opportunities to implement improved working practices.
Good interpersonal skills to prepare reports, negotiate and build relationships with key stakeholders.
Problem-solving and analytical skills to resolve cost, contract administration and procurement issues within consultancy.
Experience managing and developing Graduate Trainees and/or Assistant Cost Consultants.

Nice To Haves

Identifying and participating in new initiatives that add value and improve services, such as acting as a BIM Champion.

Responsibilities

Conduct feasibility studies and advise on procurement strategies and contract selection; prepare and undertake procurement reports.
Apply value management techniques at the outset of a project.
Manage estimating and cost-planning activities, taking ownership of and presenting the final cost plan.
Assist in procurement and selection of the main contractor.
Prepare contract documents, warranties, bonds and licenses, and assist with their formal execution by the appropriate parties.
Advise on administration of building contract terms.
Measure and value work carried out, adjust variations in accordance with contract terms, and agree them with the contractor.
Provide cost control and reporting services during the contract.
Prepare financial reports for the client in the required format and at the required frequency.
Identify costs associated with design changes, contract awards, construction activities and client charges.
Participate in evaluating claims for delay and additional costs made by contractors and nominated subcontractors or suppliers.
Advise on practical completion certificates and ensure final accounts are negotiated and agreed.
Advise on certificates of making good defects and final completion in accordance with completion, submission and approval requirements.
Improve systems and processes and drive transformational change.
Provide guidance and direction to Assistant Cost Consultants and other junior team members, including informal mentoring and training.
Seek opportunities for continuous improvement and improved working processes.
Develop effective working relationships with internal and external stakeholders and manage relevant project stakeholders.
Work collaboratively toward the net zero carbon transition, proactively identifying and managing associated carbon emissions and reductions during work delivery.
Manage and develop Graduate Trainees and/or Assistant Cost Consultants.
Identify and participate in value-adding initiatives that improve services, such as BIM Champions, while operating inclusively.