• Construction Cost Control Manager

    Posting Number 2018-5461
    Posted Date 2 weeks ago(1/2/2019 11:40 AM)
    Location : Location
    US-NY-New York
    Construction Management
    Capital Projects and Facilities (WS2548)
    Compensation Grade
    Band 53
    Finance/Real Estate/Procurement/Grant Management
  • Position Summary

    Reporting to the Assistant VP or Team Director for the Office of Construction Management, the Cost Control Manager will work closely with the project managers and project teams to respond effectively and efficiently to all the financial aspects associated with assigned projects. The Cost Control Manager will work closely with project leaders and department leaders to ensure timely communications regarding financial issues and challenges associated with capital projects. The Cost Control Manager is expected to identify process or system roadblocks which impede the successful delivery of capital projects and to recommend short and long term solutions. The cost manager fulfills an important role, managing the cost controls of assigned capital projects including; project expenditures, cost forecasting, cost trends, change order compliance, cash-flow forecasting and project financial status reports. The cost manager will work closely with the project managers of assigned projects and will have a full understanding of the approved project budget and all expenses charged against the project. The cost manager will be responsible to know the terms of all contracts and purchase orders for each assigned capital project. The cost manager will be responsible to ensure all purchase orders are charged to the correct project expenditure line. The cost manager will be responsible to track and notify the project manager of any potential financial issues. The cost manager will ensure invoices submitted for approval, are accurate and appropriate per the executed contract and contract documents. Responsibilities include reviewing invoices to ensure invoices are compliant with the schedule of values compared to project progress and contract terms. The cost manager will review and manage change orders to verify compliance with the following; contracted unit pricing, labor-rates, contractual fees, overhead and insurance. The cost manager will track approved and pending change orders against the approved project budget. Provide cash flow modeling for monthly expenses. Proactively coordinate expenses to meet cash flow commitments or models. Track trade holds, contingencies, and other project allowances associated with capital projects. The cost manager shall be responsible to recommend the approval or rejection of invoices to the project and department leadership within the structure of the delegation-of-authority. The cost manager will be the primary interface with contractors and vendors for requesting information or clarification related to invoices and change orders. The cost manager will be responsible to provide required information to contractors and vendors for rejected, modified or approved change orders and invoices.


    Required Education:
    Bachelor Degree or extensive relevant financial experience on capital construction projects.

    Preferred Education:
    BA in engineering, accounting, construction management or related fields MS or MA in engineering, engineering economics, construction management or related field or MBA

    Required Experience:
    3+ years of progressive responsibilities in cost engineering related to capital construction projects; proven track record of successful financial control and modeling for capital projects.

    Preferred Experience:
    Detailed knowledge of construction project life-cycles, trend analysis and research based on industry analysis and modeling.

    Required Skills, Knowledge and Abilities:
    Highly-developed communications skills (written/verbal). Demonstrated ability to handle sensitive information and documentation. Results orientation, including financial modeling and analysis for capital projects and programs. Resourceful, driven, self-motivated individual who can manage detailed financial obligations and objectives. Mastery of MS Excel including cost benefit analysis and cost forecasting tools. Familiarity with local, state and federal construction laws.

    Preferred Skills, Knowledge and Abilities:

    Additional Information

    EOE/AA/Minorities/Females/Vet/Disabled/Sexual Orientation/Gender Identity


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