Associate Director, Cost Management

Associate Director, Cost Management

1. Lead the Cost Management team on specific client commissions, ensuring the team delivers on all accountabilities.

2. Develop and maintain tools and cost models to create a CAPEX plan that meets the client's requirements.

3. Provide detailed project cost estimates throughout various design development phases, from conceptual design to construction documents.

4. Perform detailed quantity takeoffs using 'On-screen takeoff,' 'Bluebeam,' or similar tools.

5. Engage with suppliers, vendors, and contractors to verify bid outcomes against estimates, enhancing the company's database and market research.

6. Compare the contractor budget with the internal estimate to reconcile and validate it. Propose efficient processes and negotiate rates and fees to deliver the project at a reasonable cost.

7. Conduct constructability reviews, value engineering, and change management services as necessary to help clients successfully deliver projects on time and within budget.

8. Create program estimates and cost models that cover various geographies and scopes of work.

9. Lead and manage the client's contractor procurement process by issuing RFPs, evaluating bids, leveling proposals, and preparing detailed recommendation reports to aid the client's decision-making. Create, maintain, and update the necessary templates. Use 'Primavera P6' or 'Microsoft Projects' to verify the proposed schedules.

10. Identify opportunities to enhance cost management processes, templates, and products.

11. Create proposals for new work or modifications to existing projects.

12. Staff management Contribute to the formal management of staff and recruitment interviews.

13. Financial management Use the provided tools to monitor the ongoing margin levels and forecast monthly fees / resources for each commission.

14. Quality Control Ensure adherence to quality standards and participation in ISO audits.

15. Prepare written comments on the general contractor's submissions, including the executive summary. Coordinate all sources of cost information for discussions about costs, along with suppliers directly from NPA, subcontractors, and quantities from architects and engineers.

RELATED OCCUPATION : Sr. Consultant, Cost Management or any other job title performing the following job duties :

1. Develop cost estimates for all design and design / construction stages, including conceptual, schematic, construction, change orders, etc.

2. Collect, analyze, and summarize cost information by analyzing historical cost data, benchmarking, utilizing and maintaining cost modeling and databases, and performing full-scale quantity takeoffs using "OST," "Blue beam," etc.

3. Prepare and deliver concise cost reports and presentations to project teams, clients, and stakeholders at key milestones.

4. Engage with general contractors to reconcile project cost and scope, review schedule, fees, and overhead, address cost-related issues, and dissolve discrepancies.

5. Conduct a thorough review of proposed changes and prepare accurate and timely cost estimates for change orders.

6. Assess the cost-effectiveness of alternate materials, systems, and methods through value engineering studies, life-cycle cost analysis, and risk assessment.

7. Prepare cost estimates from drawings and specifications for materials, equipment, labor, and market conditions to determine the project's economic feasibility.

8. Track and reconcile actual project costs with budgeted amounts, identifying and analyzing variances in labor, material, subcontractor costs, and schedule delays. Update the cost data using the market feedback.

9. Conduct a regular project budget review to monitor budget performance, identify and mitigate potential overruns, and proactively adjust databases and cost models as needed.

10. Assist in contractor procurement by issuing RFPs, interviewing contractors, evaluating and leveling proposals, and preparing a detailed recommendation report.

JOB TIME : Full Time

SALARY RANGE : $188,000 - $200,000 / year

EDUCATION AND EXPERIENCE REQUIREMENT : Requires a Bachelor's degree in Civil Engineering and 6 years of experience in job offered or 6 years of experience in the Related Occupation.