The Role
Lead cost management for large capital projects: develop cost controls, budgets, forecasts, and reporting; monitor performance, analyze variances, advise stakeholders, review contractor costs, mitigate cost risks, and mentor junior staff to improve financial predictability.
Summary Generated by Built In
Job Title
Senior Manager, Project Controls (Cost)Job Description Summary
The Senior Manager, Project Controls (Cost) serves as a key client-facing leader responsible for managing cost performance across large capital projects and programs. This role partners closely with project teams and stakeholders to deliver actionable cost insights, mitigate financial risks, and support informed decision-making throughout the project lifecycle. The ideal candidate possesses strong analytical, organizational, and problem-solving skills, with the ability to lead cost management efforts and mentor junior team members in a complex project environment.Job Description
CORE RESPONSIBILITIES
- Develop, manage, and maintain project cost control processes, procedures, and reporting tools for large-scale capital projects and programs.
- Serve as a trusted advisor to project stakeholders by providing cost management expertise, forecasting insights, and recommendations to support informed decision-making.
- Develop and maintain project budgets, cost plans, forecasts, and cash flow analyses aligned with program and project objectives.
- Monitor project cost performance against approved budgets and identify variances, trends, risks, and opportunities.
- Support the development and implementation of project controls standards, methodologies, and best practices related to cost management.
- Analyze project expenditures, commitments, accruals, and forecasted costs to ensure accurate financial reporting.
- Collaborate with project managers, estimators, schedulers, procurement teams, and construction teams to ensure alignment between cost, schedule, and project performance.
- Prepare and deliver periodic cost reports, budget updates, forecasting analyses, dashboards, and executive-level summaries.
- Evaluate changes in project scope and assess potential cost impacts while maintaining accurate records of budget modifications and approvals.
- Support project risk management activities by identifying cost-related risks and developing mitigation strategies.
- Review contractor payment applications, change orders, and cost proposals for accuracy and alignment with project budgets.
- Perform cost trend analysis and provide recommendations to improve project financial performance and cost predictability.
- Ensure the accuracy, consistency, and credibility of project cost data and reporting.
- Support project governance reviews by providing financial performance insights and cost management recommendations.
- Mentor and provide guidance to junior project controls and cost management professionals.
- Support continuous improvement initiatives related to project controls systems, reporting processes, data analytics, and cost management best practices.
- Bachelor's degree in Construction Management, Engineering, Finance, Quantity Surveying, Project Management, or a related field.
- 10+ years of progressive experience in project controls, cost management, cost engineering, financial analysis, or construction project management supporting large capital projects.
- Demonstrated experience developing and managing project budgets, forecasts, cost reports, and financial performance metrics throughout the project lifecycle.
- Experience working within complex, cross-functional, matrixed project environments.
- Strong understanding of project controls principles, including budgeting, forecasting, cost tracking, change management, and performance reporting.
- Advanced proficiency with Microsoft Excel and project controls or cost management software applications.
- Construction industry experience required; life sciences, advanced manufacturing, healthcare, data center, pharmaceutical, or industrial project experience strongly preferred.
- Strong verbal and written communication skills with the ability to effectively communicate financial and cost performance information to project teams, clients, and leadership stakeholders.
- Professional certifications such as CCP (Certified Cost Professional), PMP, EVP, or related credentials are preferred.
Cushman & Wakefield also provides eligible employees with an opportunity to enroll in a variety of benefit programs, generally including health, vision, and dental insurance, flexible spending accounts, health savings accounts, retirement savings plans, life, and disability insurance programs, and paid and unpaid time away from work. In addition to a comprehensive benefits package, Cushman and Wakefield provide eligible employees with competitive pay, which may vary depending on eligibility factors such as geographic location, date of hire, total hours worked, job type, business line, and applicability of collective bargaining agreements.
The compensation that will be offered to the successful candidate will depend on factors such as whether the position is covered by a collective bargaining agreement, the geographic area in which the work will be performed, market pay rates in that area, and the candidate’s experience and qualifications.
The company will not pay less than minimum wage for this role.
The compensation for the position is: $ 157,250.00 - $185,000.00Cushman & Wakefield is an Equal Opportunity employer to all protected groups, including protected veterans and individuals with disabilities. Discrimination of any type will not be tolerated.
In compliance with the Americans with Disabilities Act Amendments Act (ADAAA), if you have a disability and would like to request an accommodation in order to apply for a position at Cushman & Wakefield, please call the ADA line at 1-888-365-5406 or email [email protected]. Please refer to the job title and job location when you contact us.
INCO: “Cushman & Wakefield”Skills Required
- Bachelor's degree in Construction Management, Engineering, Finance, Quantity Surveying, Project Management, or related field
- 10+ years progressive experience in project controls, cost management, cost engineering, financial analysis, or construction project management supporting large capital projects
- Construction industry experience
- Demonstrated experience developing and managing project budgets, forecasts, cost reports, and financial performance metrics
- Advanced proficiency with Microsoft Excel and project controls or cost management software applications
- Strong understanding of project controls principles including budgeting, forecasting, cost tracking, change management, and performance reporting
- Experience working within complex, cross-functional, matrixed project environments
- Strong verbal and written communication skills to convey financial and cost performance information to stakeholders
- Ability to lead cost management efforts and mentor junior project controls professionals
- Professional certifications such as CCP, PMP, EVP, or related credentials
Cushman & Wakefield Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Cushman & Wakefield and has not been reviewed or approved by Cushman & Wakefield.
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Retirement Support — A 401(k) with company match is consistently referenced as part of the package. Feedback suggests this provides a solid baseline for long‑term savings across many U.S. roles.
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Leave & Time Off Breadth — Paid time off and company holidays are regularly highlighted and described as a meaningful part of the offering. Feedback suggests time‑off benefits add tangible value alongside base pay.
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Parental & Family Support — Paid parental leave for primary and secondary caregivers, plus backup care and wellbeing resources, are described as available. These offerings indicate a supportive approach to family needs in many roles.
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The Company
What We Do
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 53,000 employees in 400 offices and 60 countries. In 2019, the firm had revenue of $8.8 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services.
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