Project Cost Manager

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

📋 Description

• Collaborate with Construction Managers and Project Management teams to ensure transparency regarding project costs, financial exposure, and associated risks.

• Oversee and report on budget status, actual spending, projected costs, changes in scope, and overall financial performance.

• Detect cost-related risks and opportunities while offering recommendations for proactive financial decision-making.

• Implement cost controls across labor, expenses, subcontractor fees, and other project costs.

• Examine general contractor cost reports and verify project financial data.

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

• Manage and facilitate contract administration tasks, including retention, terms and conditions, insurance requirements, allowances, contingencies, and incentives.

• Monitor change orders, invoices, payments, lien releases, and maintain supporting financial and contractual documentation.

• Coordinate and take part in change control, cost review, and project financial meetings.

• Assist in the preparation and management of monthly pay applications.

• Create and sustain internal project cost reporting packages.

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

• Aid in quarterly and fiscal year-end analysis, forecasting, accruals, and project-status confirmation.

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

• Monitor performance against approved budgets and forecasts, escalating significant variances or emerging risks as necessary.

• Ensure accurate, comprehensive, up-to-date, and audit-ready financial documentation.

• Assist the Construction team with cost analysis, reporting, forecasting, and financial planning.

⛳️ Requirements

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

• At least 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 analysis.

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

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

• Familiarity with GMP structures and Schedules of Values is preferred.

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

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

• Ability to identify cost trends, variances, and risks, and communicate findings effectively to project stakeholders.

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

• Capability to thrive in a fast-paced environment while managing multiple deadlines simultaneously.

• Strong written and verbal communication skills, with the ability to collaborate 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 software is preferred.

• Preferred experience in construction, real estate development, mission-critical environments, or data centers.

• Ability to work autonomously in a remote setting while ensuring robust communication and accountability across project teams.

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

🏝️ Benefits

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

• Medical, dental, and vision insurance coverage.

• Programs for life and disability insurance.

• Options for voluntary benefits.

• Generous paid time off policy.

• Assistance with education and tuition support.

• Retirement and savings plans.