Skip to content
×

Cost Control Manager, Mission Critical

Job in Chicago, Cook County, Illinois, 60601, USA
Listing for: ARCO Design/Build
Full Time position Listed on 2026-11-06
Job specializations:
Salary/Wage Range or Industry Benchmark: 95000 - 135000 USD Yearly USD 95000.00 135000.00 YEAR

Job Description & How to Apply Below

Atlanta, GA, US;
Birmingham, AL, US;
Chicago, IL, US;
Indianapolis, IN, US;
Nashville, TN, US

WHY ARCO

Ready to experience a better way to build your career?

ARCO hires only the best and brightest dedicated to providing our clients with superior solutions, cultivating our award-winning workplace culture, and driving success at all levels of the business.

POSITION SUMMARY

The Cost Manager will oversee project cost management and financial controls for complex construction projects from preconstruction through closeout. This role will partner closely with Project Managers, Superintendents, Preconstruction, Finance, subcontractors, vendors, and clients to establish budgets, monitor performance, forecast final costs, identify risks, and support sound project decisions.

The ideal candidate has strong construction cost-control experience and can translate financial information into clear, actionable guidance for project leadership.

A DAY IN THE LIFE COST MANAGEMENT AND FORECASTING
  • Establish and maintain project budgets, cost codes, work breakdown structures, and cost-control procedures.
  • Track commitments, actual costs, accruals, and projected expenditures.
  • Prepare monthly cost reports, forecasts, cash-flow projections, and estimates at completion.
  • Analyze budget-to-actual performance, cost variances, trends, exposures, and project profitability.
  • Identify cost risks early and recommend corrective actions to project leadership.
  • Support project teams with cost-to-complete analysis and financial decision-making.
  • Review project financial data for accuracy, completeness, and proper period accounting.
PROJECT CONTROLS AND REPORTING
  • Manage project-control processes for cost, schedule, procurement, and reporting.
  • Coordinate cost information with project schedules and progress measurement.
  • Support earned-value reporting, productivity tracking, and performance analysis where applicable.
  • Prepare dashboards, presentations, and executive-level reports for internal and external stakeholders.
  • Maintain accurate project documentation and reporting records.
  • Provide timely updates on financial performance, risks, opportunities, and required decisions.
BILLING AND CHANGE MANAGEMENT
  • Review subcontractor payment applications, invoices, commitments, and supporting documentation for accuracy and compliance with contract terms.
  • Coordinate with Project Managers, Superintendents, Finance, and subcontractors to resolve billing discrepancies and maintain timely payment processing.
  • Track potential and approved changes, including scope, pricing, schedule, and risk impacts.
  • Evaluate change-order documentation and confirm approved changes are incorporated into project budgets, forecasts, commitments, and cost reports.
  • Support subcontract buyout, contract administration, claims documentation, and change-order negotiations as needed.
  • Maintain accurate billing and change-management records throughout the project lifecycle.
NECESSARY QUALIFICATIONS
  • Bachelor’s degree in Construction Management, Engineering, Accounting, Finance, Business, or a related field; equivalent experience may be considered.
  • Five or more years of experience in construction cost control, project controls, project accounting, commercial management, or a related function.
  • Experience with Procore required
  • Experience with general contracting, design-build, EPC, infrastructure, industrial, data center, or other complex construction projects.
  • Strong understanding of construction budgets, forecasting, subcontractor costs, change management, commitments, accruals, and project financial reporting.
  • Ability to interpret construction contracts, drawings, specifications, schedules, and cost information.
  • Advanced Excel skills and experience with construction ERP, project-management, or cost-control…
To View & Apply for jobs on this site that accept applications from your location or country, tap the button below to make a Search.
(If this job is in fact in your jurisdiction, then you may be using a Proxy or VPN to access this site, and to progress further, you should change your connectivity to another mobile device or PC).
View / Apply for Jobs
Matching My Jurisdiction

Search for further Jobs Here:

SEARCH JOBS: 10+ Million Listings
(Try combinations for better Results! Or enter less keywords for broader Results)
Education Level
Experience Level (years)
Posted in last:
Salary