Job
Description
The Senior Cost Lead - Cost Management is responsible for implementing administering and maintaining cost control systems and procedures to track budgets, commitments, expenditures and forecasts, and to assist in the preparation and review of cost estimates and schedules for projects of medium complexity and value; Coordinate/assist with the strategic and operational management of Cost Management and Project Controls Services for various geographic locations in a variety of Property sectors, including technology, and/or pharma, and/or natural resources and/or commercial clients. Assist in the leadership of program and project level Management teams and manage staff levels on team to complete current and forecast project deliverables Participate in meetings with VP of Business Unit, Directors and staff and prepare and deliver presentations. Provide effective Line Management to subordinate professionals. Schedule and lead Regular 1:1 meetings, set Key Performance Indicators (KPIs) and train, coach and mentor staff, including recruitment interviews, resource management and staff appraisals. Work with business generation and senior management to construct bids/proposals for new work and managing the bid teams. Increase company revenue through contract renewals, referrals and service expansion, cross selling services and maintaining delivery quality to achieve profit goals and meet budgets. Provide weekly updates regarding the status of projects, initiatives, and staffing, and propose solutions and obtain approval and agreement from management team. Direct process improvement to improve internal and client facing systems and processes, establishing new cost and project control tools, reporting and risk documents, and cost management templates and products. Engage in financial management - Utilize the tools provided to track ongoing margin levels and monthly fee/resource forecasts for each commission and financial reports. Develop priority plans including risk mitigation through internal tools, make performance measurements via Key performance indicator (KPI) and appraisal documents, management controls and critical success factors based on company goals. Advise on contracting and procurement strategy to the benefit of clients over a variety of industries and procurement routes and program level capital planning and reporting Facilitate value engineering, capital phase planning, risk and/or life cycle costing exercises for all projects/programs Pre-Contract Developing cost plans and estimates through the design phase, delivering updated cost plans at appropriate design milestones. Providing commercial input to design optioneering and input into value engineering exercises. Reviewing contractor and subcontractor pricing and leading negotiations on behalf of the client to drive fair contract prices. Post-Contract Performing quantity surveying, cost controls and change management activities throughout the project life cycle. Ensuring that post-contract cost variances and change control processes are managed effectively. Ensuring that cost auditing and valuation work is managed effectively and that a robust process for cost validation is in place. Carrying out the production of monthly cost reports for presentation to the client. Ensuring that final accounts are negotiated and agreed in a timely manner. Compiling as built cost estimate records for bench marking purposes.
