Cost Manager at PMA Consultants Careers

Chicago, Illinois, United States

Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Construction, ManufacturingIndustries

Requirements

Bachelor's degree in engineering, project/construction management, or a related field
10+ years’ experience in project controls, cost control, or a similar role
Strong knowledge and proficiency in project management methodologies, schedule and cost control tools, and software
Proficiency with computer applications, including Microsoft Office and SAP
Experience in Contruent or similar cost management platforms (preferred)
Excellent written and verbal communication skills and ability to work as part of a fast-paced team
Excellent analytical and problem-solving skills
Strong leadership and interpersonal skills
Ability to work collaboratively in a team environment
Excellent communication and presentation skills
Strong organizational and time management abilities
Attention to detail and accuracy
Physical: Standing or sitting for long periods; able to lift up to 15 pounds; extended hours in front of a computer
Cognitive: Problem-solving, written and verbal communication skills; computer and software skills; ability to read and interpret text

Responsibilities

Perform project financial planning, administration, and forecasting for a large capital manufacturing project
Produce periodic budgets and reports, such as project performance against projections
Present analysis to stakeholders, including executives
Analyze accruals, invoices, variances, and cost accounting for materials and labor
Develop and implement standard cost processes and practices to ensure projects are within approved budgets
Collaborate with the project team to transition the project estimate into a cost control budget aligned with the client’s standard breakdown structure
Work with the project scheduler to integrate cost and schedule
Use EVM from the schedule to determine percent completed by CBS
Assist the project manager in financial analysis, budgeting, and reporting, including monthly reports
Report on productivity and cost-tracking metrics
Lead or participate in cost review meetings with the project manager and team
Complete ad-hoc analysis to gauge financial impact of project actions
Validate change orders and inform project manager of status and impacts
Confirm contractor progress billings represent field progress
Provide weekly project cost reports, including variance analyses and explanations of significant cost drivers
Deliver cost, time, labor forecasts, equipment and material projections, and productivity trend reporting
Assist in project closeout and validating final costs for client’s historical database

Skills

Key technologies and capabilities for this role

Cost ManagementFinancial PlanningBudgetingForecastingEarned Value ManagementEVMCost Variance AnalysisAccruals AnalysisInvoice ProcessingChange Order ValidationProductivity TrackingCost ReportingProject ControlsCost Breakdown StructureCBS

Questions & Answers

Common questions about this position

What qualifications and experience are required for the Cost Manager role?

A Bachelor's degree in engineering, project/construction management, or a related field is required, along with 10+ years of experience in project controls, cost control, or a similar role. Strong knowledge of project management methodologies, schedule and cost control tools, proficiency in Microsoft Office and SAP, and excellent analytical, communication, and leadership skills are also required.

Is this a remote position or does it require on-site work?

This information is not specified in the job description.

What is the salary or compensation for this Cost Manager position?

This information is not specified in the job description.

What does the team environment look like for this role?

The role involves working as a key member of the project management team in a fast-paced team environment, collaborating with the project team, scheduler, and manager on financial analysis, budgeting, reporting, and cost review meetings.

What makes a strong candidate for the Cost Manager position?

Strong candidates will have 10+ years in project controls or cost control, proficiency in tools like Microsoft Office, SAP, and preferably Concurent, plus excellent analytical, problem-solving, leadership, communication, and organizational skills to thrive in a collaborative, fast-paced project team.

PMA Consultants Careers

Project management for construction using NetPoint

About PMA Consultants Careers

PMA Consultants stands out as an exceptional workplace due to its commitment to continuous innovation and a strong focus on client service in the construction project management sector. Employees benefit from a culture that emphasizes successful project delivery through the use of advanced technologies like NetPoint scheduling software, alongside a suite of other innovative services. This approach not only enhances forecasting accuracy but also fosters a collaborative and supportive work environment, crucial for professional growth and career advancement in project management.

1 Woodward Ave, Detroit, MI 48226, USAHeadquarters

1971Year Founded

VENTURE_UNKNOWNCompany Stage

Consulting, Real EstateIndustries

201-500Employees