Cost Management Specialist

1 day ago

Cork, Cork, Ireland beBeeCost Full time €55,000 - €85,000
Job Title: Cost Management Specialist

This role supports the Commercial Manager to optimise margin on a project while protecting it from commercial risk and maintaining high standards.

The successful candidate will administer the client payment cycle up to and including the Final Account and Project Change Account, maximising income, achieving the required margin, and maintaining optimal cash flow.

  • Manage sub-contract accounts from project startup to final account, ensuring accurate reporting of liabilities and payments in accordance with contractual and legal requirements.
  • Interpret and convey contract conditions related to key provisions, including the rights and obligations of all parties involved.
  • Establish and maintain contemporaneous records to document progress, delays and controlled change management, contributing to event registers and entitlement documentation.
Responsibilities:
  • Gather elemental costs and measurement information to aid in accurate assessment of project financials.
  • Engage in Monthly Project Reviews and Work Package Management Reviews, identifying cost-saving opportunities for improved project delivery.
  • Provide support aligned with the commercial management strategy and advise Commercial Managers and Project Teams on relevant topics.
  • Develop and maintain relationships with clients, project teams, sub-contractors and suppliers to enhance collaboration and project success.
Key Skills and Qualifications:
  • Experience in contracting commercial departments is highly desirable.
  • Guidance on quantification, costing of construction works and elemental cost analysis.
  • Working knowledge of planning and use of programmes in construction management.

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