Project Cost Manager

Posted 4 days ago

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

📋 Description

• Collaborate with Construction Managers and Project Management teams concerning project costs, financial exposure, and associated risks.

• Oversee and convey budgets, expenditures, forecasts, scope modifications, and overall financial performance.

• Detect cost-related risks and opportunities while suggesting proactive financial measures.

• Uphold cost controls across labor, expenses, subcontractors, and other financial outlays.

• Evaluate and verify general contractor cost reports.

• Reconcile actual costs against GMP, Schedules of Values, approved budgets, and commitments.

• Assist in contract administration, which includes retention, terms, insurance, allowances, contingency, and incentives.

• Monitor change orders, invoices, payments, lien releases, and accompanying documentation.

• Engage in change-control, cost-review, and project-financial meetings.

• Aid in the preparation and administration of monthly pay applications.

• Create internal project cost reporting packages.

• Generate progress and cost reports for stakeholders and leadership.

• Support quarterly and fiscal year-end analysis, forecasting, accruals, and project-status verification.

• Track cost impacts, approvals, commitments, and adjustments to forecasts.

• Evaluate performance against budget and forecast, escalating significant variances or risks as necessary.

• Maintain thorough, up-to-date, and audit-ready financial documentation.

• Provide support to Construction with cost analysis, reporting, forecasting, and financial planning.


⛳️ Requirements

• Bachelor’s degree in Finance, Business, Construction Management, Engineering, or a related field is preferred.

• A minimum of 3+ years of pertinent experience in project cost management, project controls, construction finance, or a related area.

• Proficiency in forecasting, cost reporting, change management, accruals, and earned value principles.

• Strong grasp of construction cost control principles and project financial management.

• Familiarity with reviewing project budgets, cost reports, commitments, invoices, change orders, and forecasts.

• Knowledge of GMP structures and Schedules of Values is preferred.

• Experience in supporting contract administration and change-control processes.

• Excellent analytical, problem-solving, and financial reporting abilities.

• Capability to identify cost trends, variances, and risks while communicating findings effectively.

• Exceptional attention to detail and the ability to juggle multiple projects and competing priorities.

• Ability to thrive in a fast-paced environment and meet multiple deadlines.

• Strong written and verbal communication skills.

• Proficiency in Microsoft Office Suite, especially Excel, Word, Outlook, and PowerPoint.

• Experience with Microsoft Project or similar project-management/project-controls tools is preferred.

• Background in construction, real estate development, mission-critical, or data center projects is preferred.

• Capacity to work independently in a remote setting.

• Willingness to travel up to 30% based on business and project requirements.


🏝️ Benefits

• Competitive salary with incentive opportunities that acknowledge your achievements and contributions.

• Medical, dental, and vision insurance coverage.

• Life and disability insurance programs.

• Options for voluntary benefits.

• Generous paid time off policy.

• Education assistance and tuition support.

• Retirement and savings programs.

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