Construction Cost Manager

6 days ago

Sunderland, Sunderland, United Kingdom NRL Full time
Job Description

The Construction Cost Manager plays a crucial role in construction projects by managing costs, ensuring efficient progress, and maintaining financial control.

You will be responsible for assessing client needs, estimating material quantities, negotiating contracts, monitoring subcontractors, and providing financial guidance. Additionally, prepare financial reports and collaborate closely with project stakeholders to achieve successful outcomes.

**Key Areas of Responsibility**

  • Cost Planning / Estimating
  • Pre-contract estimating of building systems.
  • Budget control.
  • Procurement advice.
  • Contract Negotiation.
  • Tender support.
  • Post contract cost control.
  • Valuations/Applications.
  • Final Accounts.
  • Researching the cost of items such as materials, transport, labour and equipment.
  • Analysing data that can affect costs (such as currency exchange rates and inflation).
  • Monitor costs at different stages of a project to ensure it stays within estimated costs.
  • Create and manage cost value reconciliation processes.
  • Identifying and mitigating risks.
  • Manage retentions.

**Key Tasks (general duties associated with job)**

  • Manage construction cost management activities across multiple projects, ensuring that projects are delivered on time and within budget.
  • Prepare accurate cost estimates, including materials, labour, and overhead costs.
  • Monitor project budgets and track expenses to ensure that costs are kept within budgetary constraints.
  • Support the tendering process.
  • Negotiating contracts and schedules.
  • Prepare regular reports on project progress, including cost updates and variance analysis, and present findings to senior management as needed.
  • Develop and implement cost value reconciliation processes

This Job Description is a guide to the principle responsibilities of the role and is not intended to be an exhaustive list of duties. You will be expected to perform different duties as necessitated by NRL. It will be reviewed in light of changes to the role and the work of NRL.

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