Cost Management Specialist
3 months ago
We are seeking a highly skilled Cost Management Specialist to join our construction team in the UK. The ideal candidate will have a proven track record in managing cost estimation, procurement, and contract negotiation, ensuring project financial efficiency and compliance with industry standards.
Key Responsibilities:
- Develop and manage detailed cost estimates and budgets for construction projects.
- Conduct thorough cost analysis and financial reporting throughout project lifecycles.
- Negotiate contracts with suppliers, subcontractors, and clients to ensure project financial targets are met.
- Monitor and manage project cash flows and budgets to minimize financial risks.
- Identify and assess commercial risks and develop mitigation strategies to ensure project success.
- Ensure compliance with relevant construction regulations and legislation.
- Liaise with clients, architects, and contractors to ensure project targets are met.
Requirements:
- Degree in Quantity Surveying or a related field.
- Extensive experience (5+ years) in a similar role within the construction industry.
- Strong knowledge of construction contracts, regulations, and best practices.
- Proficiency in cost management software and financial reporting tools.
- Excellent negotiation, communication, and problem-solving skills.
- Membership in a relevant professional body (e.g., RICS) is preferred.
- Full UK driving license.
Benefits:
- Competitive salary and performance-based bonuses.
- Pension scheme and healthcare benefits.
- Professional development opportunities and support for further qualifications.
- Flexible working options and a positive, collaborative team environment.
- Opportunity to work on large-scale, high-profile projects.
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