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Cost Manager

  • Location

    London

  • Sector:

    Trade / Retail

  • Job type:

    Permanent

  • Salary:

    Not Specified

  • Job ref:

    27245

  • Published:

    1 day ago

  • Expiry date:

    2024-01-21

  • Client:

    CBRE

Job Description

The role's primary responsibility will be to liaise with project teams to challenge capital expenditure requests and help advise accurate forecasting for the regional Rolling Capital Plan (RCP). In addition, role must continually review process and procedure and look for efficiencies of live projects, so that the account may achieve better value through its capital expenditure. Role Summary:

  • Prepare and develop client's capital expenditure budgets and forecasts for projects for entry in the Rolling Capital Plan

  • Regularly maintain and review information in Rolling Capital Plan: prepare monthly recommendations to the Global Leadership team and PGO Leads

  • Review and challenge cost estimates provided by tier 1 suppliers, against benchmarks, Service Agreements etc

  • Oversee expenditure and review tier 1 suppliers cost management activities

  • Review monthly Cost Reports and Project Status Reports (PSRs), and make recommendations on best practice cost management

  • Review, challenge, improve and direct cost management processes provided by tier 1 suppliers

  • Regularly liaise with the global team with a view to ensure global consistency

  • Drive consistency and data integrity

  • Liaise with finance to track P&L impact of projects, and track assets under construction to ensure timely and accurate financial close-out, capitalisation and depreciation of project spend

  • Collation of new cost data and use of client's historic cost data for benchmarking - Furthermore, the accuracy of the initial budget should be assessed at the end of each project as part of the project close out process

  • Generate analysis to compare benchmarking data against other similar institutions using CBRE internal data

  • Day-to-day use of the clients Project Management Database to review cost reporting information inputted by tier 1 suppliers and ensuring budgets are accurate and up to date with all approved variations

  • Perform high level commercial reviews on all projects and perform audits of cost underspend/escalation on projects including reviewing Risk Registers, Change Control Log, Value Creation Log etc

  • Establish interfaces and liaise with client stakeholders, e.g., Security and IT to better prepare and track the project budgets / pipeline across the region

  • Perform additional duties which may be required from time to time as required

Candidate Description

  • A minimum 3 years of relevant quantity surveying industry experience

  • Graduate degree in a sector related subject

  • Professional background within a corporate office environment

  • Strong PC skills, Intermediate to advanced level in Microsoft Office applications

  • Self-motivated and resourceful with a 'can do' attitude

  • Articulate, professional person

  • Excellent client relationship, communication, and facilitation skills

  • Excellent interpersonal skills, confident and experienced in dealing with stakeholders of all levels

  • A team player that interacts effectively with colleagues and clients

  • Strong analytical and organisational skills with the ability to prioritise workload with an attention to detail and willingness to complete projects

  • Ability to work independently with minimal supervision when necessary

  • Proactive and positive attitude with a calm and methodical approach to work

  • Ability to learn new tasks, systems, processes, and skills quickly

  • Able to coordinate and motivate a team towards a common goal using a consultative approach

  • A team player with proven ability to work easily and effectively across boundaries

  • Able to work in a busy and fast paced environment

  • Highly organized to ensure critical control deadlines are met weekly, monthly, quarterly

  • Knowledge and awareness of the facilities management industry

  • Practical experience in working with supply partners to deliver a seamless, integrated service

  • Customer services experience and the ability to communicate at all levels

Employer Description

CBRE Global Workplace Solutions is a leading global provider of integrated facilities and corporate real estate management. We are recruiting a Cost Manager to join the team located in London. The successful candidate will be responsible for providing the operational delivery to support the Programme Governance Office (PGO) serving the client's account. The role is primarily based in client offices in the city of London, Canary Wharf. The role is responsible for helping to ensure project governance and assurance requirements are delivered., As one of CBRE's core global businesses, Global Workplace Solutions (GWS) provides end-to-end services to occupier clients across the entire lifecycle of a building. Our teams help companies improve their operations and reduce costs, through expert facilities management, project management, real estate and energy and sustainability services. Our dedicated teams work across all industries, and support clients ranging from global Fortune 500 companies to single, iconic buildings. CBRE Group, Inc. is the world's largest commercial real estate services and investment firm, with 2019 revenues of $23.9 billion and more than 100,000 employees (excluding affiliate offices). CBRE has been included on the Fortune 500 since 2008, ranking #128 in 2020. It also has been voted the industry's top brand by the Lipsey Company for 19 consecutive years, and has been named one of Fortune's "Most Admired Companies" for eight years in a row, including being ranked number one in the real estate sector in 2020, for the second consecutive year. Its shares trade on the New York Stock Exchange under the symbol "CBRE.", CBRE Global Workplace Solutions (GWS) works with clients to make real estate a meaningful contributor to organizational productivity and performance. Our account management model is at the heart of our client-centric approach to delivering integrated real estate solutions. Each client is entrusted with a dedicated leader and is supported by regional and global resources, leveraging the industry's most robust platform. CBRE GWS delivers consistent, measurably superior outcomes for our clients at every stage of the lifecycle, and across industries and geographies.