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 lifecycle of commercial real estate construction projects.

• Counsel clients on procurement strategies while overseeing vendor prequalification, proposals, bids, bid leveling, interviews, recommendations, and appointments.

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

• Evaluate estimates from junior team members and present estimates, value engineering suggestions, and risk assessments to clients.

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

• Utilize benchmark data from other projects to assess estimates.

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

• Analyze project budgets and spending forecasts in collaboration with clients.

• Develop and maintain commercial risk registers.

• Conduct regular meetings with project teams and vendors.

• Oversee cost control, payment application assessments, contractor entitlements, change orders, payment requisitions, and contractual disputes.

• Manage and track invoicing processes.

• Benchmark performance against successful commissions.

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

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

• Formulate project handover procedures.

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

⛳️ Requirements

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

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

• RICS accreditation or progress towards it is considered advantageous.

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

• Construction consultancy experience is highly preferred.

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

• Excellent communication skills.

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

• Proficient with Bid Analysis Sheets, Change Control Forms, Cost Estimating Software, and Take-off Software.

• SOX control responsibilities may apply and should be adhered to where applicable.

🏝️ Benefits

• Potential for bonuses in addition to the base salary.

• Comprehensive benefits package.

• Supportive, healthy, and flexible working environment.

• Assistance with work-life balance.

• Commitment to being an equal opportunity and inclusive workplace.

• Confidential management of applicant information.