Senior Manager, Cost Management EMEA
Job in
London, Greater London, WC2N, England, UK
Listed on 2026-10-15
Listing for:
Ares Management
Full Time
position Listed on 2026-10-15
Job specializations:
-
Business
Financial Analyst, Financial Manager, Risk Manager/Analyst
Job Description & How to Apply Below
Job Description Ada Infrastructure is a part of the digital infrastructure platform of Ares Management Corporation (NYSE: ARES), a leading global alternative investment manager offering clients complementary primary and secondary investment solutions across the credit, real estate, private equity and infrastructure asset classes.
We are a global data center business grounded in sustainability, safety, and security. With a world-class team of industry leaders and the resources of Ares Management Ada Infrastructure is executing on our mission to lead the world in sustainable digital infrastructure that drives customer success and social benefit
Summary:
Ada Infrastructure is expanding its EMEA Cost Management team with the hire of a new Senior Manager. This individual will work with the broader Cost Management team, supporting on new and existing projects that we have ongoing.
Key Responsibilities Prepare detailed cost estimates during concept, design, and pre‑construction phases.
Develop cost plans, budgets, and forecasts for all project stages.
Analyse drawings, specifications, and project documents to determine material, labour, and equipment costs.
Provide costing information for customer requested changes on a timely basis (in tandem with GC during execution)
Manage tender processes, including preparing/reviewing bid documents and evaluating contractor proposals.
Conduct cost comparisons and negotiate pricing with suppliers and collaboration with your delivery team, ensure all project work scope has been included in the project estimates; verify all scope, durations, and assumptions included in each estimate and supports the authorization and release of every estimate
Support finance and investment departments in preparation of funding requests
Participate with the wider delivery team and outside consultants in research on new products and installation techniques and develop cost roadmaps to ensure competitive pricing
Monitor project expenditures and track cost performance against budgets.
Identify cost variances and recommend corrective actions.
Maintain cost databases and benchmarking information.
Review and administer construction contracts.
Assess change orders, variations, and claims to determine cost impact.
Ensure compliance with contractual and regulatory requirements.
Produce cost reports, cash‑flow projections, and financial updates.
Present findings to project stakeholders and senior management.
Identify cost risks and develop mitigation strategies.
Conduct value engineering exercises to optimize cost efficiency without compromising quality.
Provide feedback to management team on partners’ commercial performance – cost consultants, GC, MEP, etc.
Review and implement lessons learned to ensure estimating data is accurate and competitive
Understand and handle competing priorities in a dynamic environment
Develop and maintain relationships with contractors / partners
Work with the wider Ada team focusing on continuous improvement to our business processes
Preferred Skills &
Competencies:
Proven record of leadership, strong verbal and written communications abilities, good interpersonal and organizational skills, computer proficiency,…
Position Requirements
10+ Years
work experience
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