Role Overview
The Senior Cost Manager leads cost management, commercial control, and financial governance for a large‑scale construction project, ensuring delivery on time, within budget, and in compliance with policies and procedures.
Key Responsibilities
Cost Management & Controls
- Lead cost planning, budget preparation, cost monitoring, and expense tracking across the project lifecycle.
- Ensure all cost activities comply with internal financial policies, procedures, and governance frameworks.
- Track and manage project budgets, including cost forecasting, variance analysis, and contingency management.
- Prepare and maintain cash flow forecasts and cost reports aligned with project progress.
- Implement and monitor budget control mechanisms.
Quantity Surveying & Procurement
- Oversee quantity take-offs, preparation of Bills of Quantities (BOQ), and cost estimates.
- Support preparation and review of tender documentation and pricing schedules.
- Evaluate contractor submissions, material deliveries, and cost compliance.
Contract & Change Management
- Lead contract administration activities, including:
- Preparation and review of contract documents
- Negotiation of commercial terms
- Ensuring compliance with contractual obligations
- Manage variations, change orders, and contractor claims.
- Conduct contractor payment certification and valuation assessments.
Risk & Project Controls
- Identify and manage cost risks, including mitigation strategies.
- Support project controls for budgeting, scheduling, and resource planning.
Stakeholder & Reporting
- Coordinate with contractors, suppliers, and internal teams.
- Lead reporting including cost updates, project status, and RFU tracking.
- Participate in coordination meetings and ensure stakeholder alignment.
Value Engineering & Compliance
- Drive cost optimisation and value engineering initiatives.
- Ensure compliance with internal standards, audits, and regulations.
- Capture lessons learned and best practices.