Senior Cost Manager

Senior Cost Manager
London
£65,000 - £75,000 per annum (depending on experience)

About the Company:
Our client is a leading global consultancy firm known for delivering cutting-edge solutions across both public and private sector projects. They have a strong reputation for their expertise in project management and cost management. The client operates across a range of industries including commercial, residential, infrastructure, government, and energy sectors.

Role Overview:
As a Senior Cost Manager, you will be responsible for overseeing cost management services across a wide variety of projects, ensuring that budgets, costs, and financial controls are efficiently managed. You will play a key role in supporting senior leadership while working on large, complex projects with clients across multiple sectors. You will provide strategic advice, cost planning, and risk management throughout the project lifecycle.

Key Responsibilities of the Senior Cost Manager:

1. Lead cost management services on a range of high-profile private and public sector projects across various industries.
2. Provide expert cost advice and ensure cost control measures are in place to maintain project profitability.
3. Prepare cost plans, budgets, and forecasts, while advising on cost-effective strategies and value engineering.
4. Manage risk and opportunities analysis in relation to cost estimates and project budgets.
5. Develop strong relationships with clients, stakeholders, and project teams to ensure clear communication and the delivery of successful outcomes.
6. Review and validate tender submissions, managing the procurement process.
7. Conduct regular cost reporting and financial analysis throughout the project lifecycle.
8. Provide leadership and mentoring to junior cost management staff, ensuring their professional development.
9. Advise on project delivery strategies and help identify areas for improvement in the cost management process.

Required Experience of the Senior Cost Manager:

1. A minimum of 5 years of experience in cost management, preferably with a consultancy.
2. Proven experience in delivering cost management services across a range of sectors, including both private and public sector projects.
3. A deep understanding of cost control, estimating, and project financial management practices.
4. Excellent communication and client management skills, with the ability to build strong relationships and manage expectations.
5. Experience leading a team and mentoring junior staff.
6. MRICS is essential.

Desirable Skills of the Senior Cost Manager:

1. Experience working on large-scale commercial, higher education or government projects.
2. Strong understanding of contracts and procurement processes.
3. Experience in managing multi-disciplinary teams.
4. Ability to use data-driven insights for decision-making.

Benefits on offer for the Senior Cost Manager:

1. Competitive salary with performance-based bonuses.
2. Comprehensive benefits package including pension, private healthcare, and a fantastic holiday allowance of 27 days plus public holidays, plus the break between New Year.
3. Opportunity for career progression within a leading global consultancy.
4. Support for professional development and obtaining further qualifications.