
Residential Construction Cost Management Specialist
2 weeks ago
We are seeking a proactive and detail-oriented Commercial Cost Controller to lead the commercial and cost planning functions across our residential construction projects. This role is pivotal in bridging early-stage cost estimation and design development with construction-phase cost control and reporting.
The successful candidate will be responsible for preparing trade package tender documentation, refining cost estimates as design information evolves, and ensuring robust cost management throughout the delivery phase. Key Responsibilities:
- Issue pre-qualification questionnaires and assist in managing the Preferred Supplier List.
- Prepare and issue tender packages and invitations to tender for each trade package, aligned with the interface matrix and resourcing plan.
- Develop and maintain Bills of Quantities (BoQs) or equivalent pricing documents in accordance with NRM standards.
- Collaborate with the design team to refine cost estimates as the design progresses, working towards a robust and approved baseline budget.
- Create and maintain an assumptions log to address gaps in design information; update and validate assumptions as the project evolves.
- Support the development of the Work Breakdown Structure (WBS) in coordination with the Planner and Construction Manager, aligning with the overall delivery strategy.
- Identify and highlight gaps or ambiguities in design information that may affect procurement or cost accuracy.
- Lead value engineering initiatives during design development to optimize costs while maintaining quality and scope expectations.
- Monitor and report on actual costs against the baseline budget, identifying variances and proposing corrective actions where necessary.
- Track subcontractor costs, commitments, change orders, and variations throughout the project lifecycle.
- Manage cost forecasting, including anticipated final costs and cash flow projections.
- Assist in the negotiation and agreement of subcontractor packages, valuations, and final accounts.
- Provide contract administration support using standard forms, including change control, early warnings, payment assessments, and contractual notifications.
- Work collaboratively with the site team to provide ongoing commercial insights and support informed decision-making.
- Produce and present monthly cost reports, forecasts, and maintain an active risk register for reporting to project leadership and stakeholders.
Candidate Requirements:
- Proven experience as a Commercial Cost Controller within the residential construction sector.
- Strong familiarity with construction management procurement models and subcontractor coordination.
- Sound understanding of NRM and BoQ production principles.
- Proficient in Microsoft Excel; experience with cost management software is advantageous.
- Working knowledge of NEC or JCT contract suites.
- Understanding of construction sequencing and programme integration.
Required Qualifications & Experience:
- Bachelor's degree in Quantity Surveying, Civil Engineering, or a related field.
- RICS accreditation (or working towards it) is preferred.
- Minimum 3–5 years of experience in quantity surveying or cost control roles.
- Proven experience in pre- and post-contract quantity surveying duties.
Benefits:
- Competitive compensation and opportunities for professional growth.
- Dynamic and forward-thinking work environment.
- Chance to work on innovative development projects shaping urban living.
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