Construction Project Cost Manager
2 weeks ago
Client: JobContax
Location: Kilkenny, Ireland
Job Category: Other
EU work permit required: Yes
Job Reference: 8fe5d2c68b1c
Job Views: 51
Posted: 21.01.2025
Expiry Date: 07.03.2025
Job Description:Employment Type: 24 month contract
Work Location: Office / Site / Hybrid
Pay: Contract Hourly Rates - Negotiable based on experience
Experience: 10+ years
Visa: EU passport or Stamp 4 visa required
A Project Cost Manager is required for a major public lighting renewal contract to be based in Kilkenny for a 2 year contract. The Project will be using the NEC4 conditions of contract. The successful candidate shall be site-based and shall report to the NEC Project Manager.
The Project Cost Manager shall support the NEC Project Manager by providing all necessary commercial support and advice. Responsibilities include:
- The assessment and verification of the Contractor's Defined Cost, both forecast and incurred for the purposes of payment and monitoring against the target Price.
- Carry out regular audits of the Contractor's accounts and records in order to verify that the Contractor's Defined Cost is compliant with the Schedule of Cost Components.
- Advise the NEC Project Manager, Consultant(s) and Client on the status of the likely 'pain/gain' share against the target on a monthly basis.
- Provide full-time site attendance for all contract stages in order to obtain and verify such records required to validate the Defined Cost.
- Review and assess all compensation event quotations submitted by the Contractor and advise the NEC Project Manager on compliance with the contract and commercial acceptability.
- Attend early warning meetings and advise on likely cost implications.
- Input into the production of the Risk Register when requested.
- Budget monitoring and reporting.
- Measuring, monitoring, and forecasting cost status and performance including Earned Value on the project.
- Critically review and interrogate cost reports to detect problems and identify potential root causes, including recovery plans and measures to mitigate cost issues.
- Effectively communicate costs, reporting and findings to the NEC Project Manager and across the project team and to senior management as applicable.
- Liaison with internal stakeholders, Project Managers, Clients, third-party Consultants, Contractors etc as appropriate and maintaining collaborative relationships.
- Provision of specific assistance to Project Managers when required to drive commercial performance and ensure successful project delivery.
- Analysis of project cost and budget data for trending, identifying lessons learned and disseminating findings as system improvements.
Relevant degree / higher diploma / qualification in quantity surveying / cost management, engineering, finance, or a related discipline.
10+ years' experience in general cost management and cost control across projects of varying size and complexity.
Satisfactory experience as a cost manager during stages (iv) to (v) of a civil engineering/construction project with a capital value of at least €10m (ex. VAT), including the application of Project Controls.
Previous NEC experience an advantage.
Cost Management – Proven knowledge of the principles, concepts, methods, and tools for developing, monitoring, and controlling budgets and costs across projects.
Proficient user of MS Office Suite (especially MS Excel & MS Powerpoint).
User of MS Power Bi advantageous.
Experience in databases and ERP systems would be advantageous.
Knowledge of scheduling software is desirable.
Strong knowledge and understanding in total cost management and cost control concepts and terminologies including change management.
Demonstrated understanding of Earned Value Management (EVM) in measuring, monitoring, and forecasting cost status and performance.
Strong technical experience in cost management of projects in engineering consultancies and/or related construction projects.
Strong and demonstrated experience in the management and administration of civil engineering contracts / construction contracts including NEC.
Demonstrate proven knowledge and experience of working with/to accredited Integrated Management Systems & Standards, including quality, data security, risk etc.
Strong analytical, planning, and organisational skills.
Ability to set up ongoing procedures to collect and review information as needed, trending and lessons learned to facilitate system improvements.
Proven track record in dealing with complex cost management issues proactively and in a timely fashion and ability to achieve results within the set timeframe.
Excellent communication skills and ability to work within a multi-disciplinary team with excellent people management and interpersonal skills.
Package: 2 year fixed term on contract hourly rates negotiable based on experience
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