Job is active
Junior / Senior / Lead Cost Manager
8 000 – 12 000 $
KRIS INFOTECH PTE. LTD.Singapore
About this job
Job Description:
- Independently manage cost management activities for assigned projects or major work packages, including cost planning, estimating, change management, invoice review, cost reporting, risk management, contract administration, and project close-out.
- Act as a primary day-to-day cost management contact for project stakeholders, provide commercial recommendations, review the work of junior team members, and escalate significant commercial risks to project leadership.
- Own the preparation and review of cost estimates, cost plans, budgets, and forecasts using project information, benchmarking data, and market intelligence.
- Lead value engineering and lifecycle costing exercises for assigned projects or work packages.
- Prepare, review, and manage cost control reports, forecasts, cash flow reporting, and other financial reporting.
- Manage project change control, including change orders, commitments, invoices, forecasts, and cost impact assessments.
- Review and assess change orders, invoices, quotations, and supporting documentation for commercial accuracy and contractual alignment.
- Identify, assess, and actively manage commercial and cost risks within assigned projects.
- Participate in and provide commercial input during pre-contract and post-contract discussions.
- Represent the cost management function in client, project, contractor, and design team meetings.
- Assess and communicate the cost impact of design changes, scope developments, procurement decisions, and project risks.
- Perform and review measurement, pricing research, benchmarking, development appraisals, and commercial analyses.
- Support commercial negotiations, contract administration, final accounts, and project close-out.
- Review the work and deliverables of Junior Cost Managers and provide day-to-day coaching and guidance.
- Ensure consistent use of project cost management templates, trackers, controls, and reporting processes.
- Independently resolve routine commercial issues and escalate significant risks or decisions to the Lead Cost Manager or project leadership.
Requirements:
Bachelor’s degree, or equivalent professional qualification, in one of the following or a related discipline:
- Quantity Surveying
- Construction Management
- Cost Management
- Engineering
- Data Analytics with a construction or cost focus
- Minimum of 5 years of relevant cost management experience.
- Strong proficiency in Microsoft Office 365, particularly Excel, PowerPoint, and Word.
- Demonstrated experience independently managing cost plans, forecasts, change control, invoice reviews, and commercial reporting.
- Experience managing commercial risks and providing cost recommendations to project stakeholders.
- Strong numerical, analytical, commercial, and documentation skills.
- Ability to communicate effectively with clients, consultants, contractors, and project leadership.
- Ability to supervise and review junior team members and independently manage assigned projects or major work packages.
Market insight
77% above median5 648 $
5 648 $5 648 $
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Frequently asked questions
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The employer lists 8 000 – 12 000 $ for this role at KRIS INFOTECH PTE. LTD. in Singapore. For comparison, the local market median is about 5 648 $ based on 27 416 similar offers.
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