Cost Manager – Commercial Real Estate Construction

This is a fully remote position, open to applicants in New Mexico.

📋 Description

• Deliver cost management services throughout the entire project lifecycle for commercial real estate construction initiatives across the United States.

• Guide clients on procurement strategies and oversee the vendor prequalification process.

• Evaluate proposals, bids, and bid leveling documents; provide final recommendations to clients.

• Participate in and lead bid interviews while managing the vendor appointment process.

• Create and oversee project estimates that encompass construction, fees, direct work, and various costs.

• Review estimates prepared by junior team members and present estimates, value engineering suggestions, and risk assessments to clients.

• Engage with vendors to review, validate, and scrutinize costs.

• Utilize data from other projects to benchmark estimates.

• Set up cost reporting schedules and review as well as present cost reports and forecasts.

• Analyze project budgets and spending forecasts with clients.

• Develop and maintain commercial risk registers.

• Conduct regular meetings with project teams and vendors.

• Assess payment application submissions and recommend contractor entitlements.

• Evaluate vendor change order requests and provide recommendations to clients.

• Implement dispute prevention, management, and resolution strategies for payment requisitions, change orders, and contractual disputes.

• Oversee and track invoicing processes.

• Compare performance against successful commissions.

• Manage final accounting, post-contract audits, and account closeouts.

• Carry out post-contract client reviews, document lessons learned, and create training materials.

• Establish project handover procedures.

• Fulfill SOX control responsibilities when applicable.

⛳️ Requirements

• Bachelor's degree in construction management, cost management, quantity surveying, engineering, or a related construction field.

• 3–5 years of pertinent experience in a cost management role within the construction industry.

• RICS accreditation or progress towards it is preferred.

• Experience in supporting cost management for medium to large-sized construction projects.

• Strong preference for candidates with construction consultancy experience.

• Solid understanding of construction industry technical aspects, including procurement routes, value management, and value engineering.

• Excellent communication, analytical, and stakeholder management abilities.

• Capability to work independently as well as collaboratively within a multidisciplinary project team.

• Proficient in bid analysis sheets, change control forms, cost estimating software, and take-off software.

• Ability to comply with SOX control responsibilities where applicable.

🏝️ Benefits

• Potential eligibility for bonuses.

• Comprehensive benefits package.

• Flexible working environment.

• Support for work-life balance.

• Commitment to an equal opportunity and inclusive workplace.

• Confidential handling of information.

• No recruitment fees for candidates.