Cost Management and Estimation Specialist

Posted 3 Days Ago
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New York, NY
Senior level
Financial Services
The Role
The Cost Management and Estimation Specialist will develop cost estimates and track expenses for interior construction projects, manage budgets, oversee reporting on project finances, and review bids and change orders while collaborating with various teams and external consultants.
Summary Generated by Built In

About the Position

We are looking for a Cost Management and Estimating Specialist to develop estimates and review and track costs related to all phases of our interior construction projects. To do this right, you will need to collaborate closely with our in-house Cost, Engineering, Procurement, and Design teams, along with our external construction management firms and consultants.

This role is based in New York, but your work will support interior fit-out construction projects in our offices worldwide. The right person will enjoy working in a fast-paced environment where changes frequently occur. Additional responsibilities of this role will include:

  • Supporting the development of construction budgets, incorporating hard and soft costs, FF&E, permitting costs, etc.
  • Reviewing our external cost consultant and construction manager budgets for scope accuracy, making sure that bid leveling has been completed, and tracking scope and cost revisions from schematic design through construction document issuance
  • Managing recurring reporting that summarizes the financial picture of our projects, breaking out costs by project, commitments vs. forecast, change orders, and cash flow
  • Developing estimates for various interior projects, leveraging cost data and takeoff measurements, and iterating as needed throughout the design process
  • Reviewing change orders alongside our project managers, Engineering team, and external cost consultant; participating in and leading negotiations as needed
  • Reviewing construction manager bid documents and line-item leveling trade costs throughout the bidding process for cost competitiveness and accuracy; supporting the internal approval process for all trade buyouts 

About You

  • Bachelor’s degree in construction management, engineering, quantity surveying, or a related field of study, or in-depth professional experience
  • 7+ years of related professional experience
  • Can review architectural and mechanical/electrical (MEPs) drawings
  • Experienced with takeoff software (i.e., On-Screen, Bluebeam)
  • Able to explain complex technical problems with brevity and accuracy
  • Organized and can multitask and handle competing priorities
  • Team player who can increase responsibilities over time
  • Self-starter who takes initiative and operates with a sense of urgency
  • Strong with Excel
  • Quantity-based surveying experience is highly preferred

If you're a recruiting agency and want to partner with us, please reach out to [email protected]

Top Skills

Excel
The Company
HQ: New York, NY
1,390 Employees
On-site Workplace
Year Founded: 2000

What We Do

Jane Street works differently. As a liquidity provider and market maker, we trade on more than 200 trading venues across 45 countries and help form the backbone of global markets. Our approach is rooted in technology and rigorous quantitative analysis, but our success is driven by our people.

Our bright, beautiful offices in the heart of New York, London, Hong Kong, and Amsterdam are open and buzzing with conversation. We come from many backgrounds and encourage travel between offices to share perspectives. Some of our best ideas come from bumping into a visiting colleague at the office coffee bar.

Markets move fast. Staying competitive as we’ve grown has required constant invention—of new trading strategies, technology, and processes. We’ve found this is easier when you hire humble, kind people. They tend to help each other, and prioritize teamwork over titles.

We invest heavily in teaching and training. There’s a library and a classroom in every office, because deepening your understanding of something is considered real work. Guest lectures, classes, and conferences round out the intellectual exchanges that happen every day.

People grow into long careers at Jane Street because there are always new and interesting problems to solve, systems to build, and theories to test. More than twenty years after our founding, it still feels like we’re just getting started.

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