Cost Manager

LB447 - Cost ManagerLocation:
CambridgeSalary: £50,000 - £60,000

Overview We are seeking a Cost Manager to lead cost assurance, financial governance and commercial control across multiple maintenance and works programmes. The role ensures robust budgeting, forecasting and risk management to support effective project delivery across a complex estate portfolio.Key Responsibilities

• Develop and implement cost management strategy, reporting frameworks and assurance procedures.
• Provide financial oversight across multiple works programmes, ensuring effective cost, risk and programme control.
• Monitor cash flow and produce programme-level forecasts in liaison with Finance.
• Review project estimates, budgets and cost plans to ensure accuracy, appropriate contingencies and alignment with delivery standards.
• Prepare feasibility estimates to inform funding and investment decisions.
• Deliver full cost management services across term contracts, including tender documentation, valuations, reporting and final accounts.
• Review procurement strategies to ensure commercial robustness and balanced risk allocation.
• Support audit processes and continuous improvement of financial control procedures.
• Contribute to the renewal and management of contractor and consultant frameworks.
• Supervise and develop junior staff.

Skills & Experience

• Degree in Quantity Surveying or equivalent construction cost discipline (or substantial vocational experience).
• Proven experience in cost management across construction or maintenance programmes.
• Strong knowledge of construction contracts, procurement routes and financial control processes.
• Excellent analytical, numerical and negotiation skills.
• Strong problem-solving ability and commercial judgement.
• Ability to manage multiple priorities and work to deadlines.

Desirable

• MRICS, MCIOB or equivalent professional membership.
• Experience managing internal teams and external consultants.
• Experience in programme delivery and reporting.
• Strong written and verbal communication skills, with the ability to present complex issues clearly.
• High level of commercial awareness and attention to detail.
• Proficiency in Microsoft Office and relevant cost management systems.