Cost Manager
avensys consulting pte. ltd.- Posted 2 hours ago
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Job Description
Avensys is a reputed global IT professional services company headquartered in Singapore. Our service spectrum includes enterprise solution consulting, business intelligence, business process automation, and managed services. Given our decade of success, we have evolved to become one of the top trusted providers in Singapore and service a client base across banking and financial services, insurance, information technology, healthcare, retail, and supply chain.
We are currently looking to hire a Senior Cost Manager. This is an exciting opportunity to expand your skill set, achieve job satisfaction, and enjoy a healthy work-life balance. More details are below.
Key Responsibilities:
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.
Required Skills & Qualifications:
- 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.
WHAT'S ON OFFER
You will be remunerated with an excellent salary and be entitled to attractive company benefits. Additionally, you will have the opportunity to work in a fun and collaborative environment with excellent career growth prospects.
To submit your application, please apply online or email your UPDATED CV in Microsoft Word format to [Confidential Information]. Your interest will be treated with strict confidentiality.
CONSULTANT DETAILS
Consultant Name: Keerthana
Avensys Consulting Pte Ltd
EA License: 12C5759
Privacy Statement: Data collected will be used for recruitment purposes only. Personal data provided will be used strictly in accordance with the relevant data protection law and Avensys privacy policy.
