Senior Cost Manager

Join Day One – Shaping the Future of Data Infrastructure    Day One is a global leader in the development and operation of high-performance data centers. As one of the fastest-growing companies in the industry, we’ve built a robust presence across Asia and Europe — and we’re just getting started.
As we expand into new international markets, we’re looking for talented, driven individuals to join us on this exciting journey. This is more than a job — it’s an opportunity to be a key contributor to our dynamic team and help shape the future of global data infrastructure.
If you're passionate about innovation, technology, and growth, we invite you to be part of Day One’s next chapter.

We are seeking an experienced Senior Cost Manager to manage and oversee budgeting, cost control and contract administration for data center construction projects in Hong Kong SAR. This role requires strong analytical skills, attention to details and the ability to work effectively in a dynamic, global environment. The required expertise in this role is instrumental in maintaining financial discipline throughout the project life cycle, minimizes the risk of budget overruns, enhances overall project profitability and ensuring successful project delivery.
** Responsibilities:
***** Cost Estimation and Budgeting:
**** Development of accurate cost estimates for Data Center construction projects,    considering factors such as materials, labour, equipment, subcontractor costs,    and overhead expenses.
* Review quantity take-offs from project plans and specifications to determine quantities of materials required for construction activities.
* Collaborate with project stakeholders including Product, Design, Construction, Procurement teams to review project    plans, specifications, and scopes of work to ensure comprehensive cost    coverage.
* Develop project budgets based on cost estimates, ensuring alignment with client requirements, project timelines, and profit margins.
* Monitor project budgets throughout the lifecycle of projects, identifying and    addressing variances and deviations from planned costs.
*** Cost Analysis and Control:
**** Support in establishing and maintaining cost standards/index for materials, labour, and overhead expenses.
* Monitor pricing performance and conduct pricing reviews to ensure alignment with overall business goals and financial objectives.
* Develop and implement robust cost control measures for project assigned to accurately track and manage project costs effectively without compromising quality and operational efficiency.
* Monitor and control project costs throughout the construction lifecycle, tracking expenses, analysing variations, and implementing appropriate measures to keep costs within approved budgets.
* Conduct regular cost variance analysis to identify areas of cost inefficiencies and opportunities for cost optimization to improve project profitability.
* Provide insights and recommendations to project teams on cost-related matters, including cost trends, cost drivers, and cost implications of project decisions.
* Identify opportunities for value engineering and cost-saving initiatives, proposing alternative construction methods or materials without compromising project quality.
* Assess the impact of design changes and contract variations on project costs, preparing change orders and cost estimates accordingly.
* Prepare regular cost reports, including budget forecasts, cost variances, and cash flow projections, providing accurate and timely financial information to project stakeholders.
* potential cost risks and develop mitigation strategies to minimize financial impacts on the project.
* Conduct periodic cost audits to ensure compliance with established cost control procedures, contract terms, and industry regulations.
*** Financial Planning and Forecasting:
**** Ensure accuracy and completeness of financial data related to construction    projects, including revenue recognition, cost accruals, and project profitability.
* Collaborate with finance teams to integrate project cost data into financial    reporting systems and models.
* Monitor key performance indicators (KPIs) related to…