Project Cost Manager

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

📋 Description

• Collaborate with Construction Managers and Project Management teams to gain insight into project costs, financial exposure, and associated risks.

• Oversee and relay project budget status, actual expenditures, projected costs, scope alterations, and overall financial performance.

• Recognize cost risks and opportunities, offering recommendations for proactive financial decision-making.

• Ensure cost controls are maintained for labor, expenses, subcontractor costs, and other project-related expenditures.

• Review cost reports from general contractors and validate financial project information.

• Reconcile actual costs from general contractors against the GMP, Schedule of Values, approved budgets, and project commitments.

• Assist with contract administration activities, including retention, terms and conditions, insurance requirements, allowances, contingencies, and incentives.

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

• Facilitate and engage in change control, cost review, and project financial meetings.

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

• Create and sustain internal project cost reporting packages.

• Generate project progress and cost reports for internal stakeholders and leadership.

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

• Track cost impacts, approvals, commitments, and forecast adjustments through change management processes.

• Monitor performance against the approved budget and forecast, escalating significant variances or emerging risks.

• Maintain precise, comprehensive, current, and audit-ready financial documentation.

• Assist the Construction team 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 relevant experience in project cost management, project controls, construction finance, or a related area.

• Familiarity with forecasting, cost reporting, change management, accruals, and earned value methodologies.

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

• Experience in reviewing project budgets, cost reports, commitments, invoices, change orders, and forecasts.

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

• Proven 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, effectively communicating findings to project stakeholders.

• High attention to detail with the ability to maintain accuracy across multiple projects and competing priorities.

• Competence to work efficiently in a fast-paced environment while managing multiple deadlines simultaneously.

• Strong written and verbal communication skills, enabling effective partnership across Construction, Project Management, Finance, and external project teams.

• Proficiency in Microsoft Office Suite, particularly 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 projects, or data center experience is preferred.

• Ability to work independently in a remote environment while ensuring strong communication and accountability across project teams.

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

🏝️ Benefits

• Competitive compensation with incentive opportunities.

• Medical, dental, and vision insurance coverage.

• Life and disability insurance programs.

• Options for voluntary benefits.

• Generous paid time off.

• Educational assistance and tuition support.

• Retirement and savings plans.