Commercial Cost Manager - 12 month FTC
Posted 9 days ago
- London, Greater London
- Any
- External
- Expires In 3 months
Purpose of the role:
You will ensure all activities undertaken by Property are delivered within financial targets, whilst maintaining high standards of financial governance and compliance. By overseeing cost estimation, contract management, and financial analysis, the Commercial Cost Manager plays a significant role in the financial health and success of the Property team's projects and operations.
Utilising expertise in contractor relationships, procurement methods, and market rates, the Commercial Cost Manager aims to optimise financial performance while maintaining high standards of service delivery. Time, cost, and quality are fundamental in supporting our sites, allowing our Operations team to focus on our guests while we manage property activities.
Working closely with our Supplier Relationship Managers, you will be responsible for assessing the cost impact of any proposed changes across the supply chain, and variations to project scope and schedule ensuring we are always within budget.
You will collaborate closely with key teams across the department including Construction, Health & Safety, Facilities Management, and Procurement and our Operational teams.
Responsible for the creation and management of all documentation, ensuring it is fit for purpose across the business.
You will liaise with our network of contractors to ensure we meet key performance criteria and deliver the appropriate levels of service.
Key Responsibilities - Duties and Responsibilities:
Proactively monitor, manage, and negotiate costs, ensuring accurate and timely submission of applications
Conduct audits, cost checks, and reviews of construction and facilities management contracts.
Collaborate with contractors to achieve key performance indicators (KPIs) and objectives, emphasising performance, cost control, and value engineering.
Evaluate completed work and facilitate interim payments while finalising accounts.
Maintain awareness and understanding of market conditions and their impact on costs.
Establish and manage project budgets, ensuring that all costs are accurately forecasted and allocated.
Monitor and control expenditures to ensure they remain within the approved budget.
Identify and analyse variances between budgeted and actual costs and take corrective actions as necessary.
Provide precise cost estimates and develop budgets aligned with project needs and organisational objectives.
Implement strategies to control costs, identify savings opportunities, and mitigate financial risks.
Drive continuous improvement initiatives to enhance cost efficiency and optimise resource allocation.
Ensure adherence to financial regulations and internal policies and deliver regular reports on cost management metrics.
In summary, the Cost Manager plays a pivotal role in supporting the Property Team's goals of achieving financial accuracy, operational excellence, and strategic growth within the organisation.
Skills, Experience and Qualifications:
Thorough understanding of contractor rates and construction procurement methodologies is essential.
Proficient in Microsoft Excel with advanced skills in data manipulation. Competent in MS office and CAFM systems
Requires a professional and dynamic approach, committed to delivering results in an organised manner. Capable of quickly grasping complex information and assessing requirements.
MRICS / Chartered Surveyor status desirable but not essential.
Excellent written and verbal communication skills are crucial for building strong working relationships with contractors and colleagues.
Demonstrates a positive and self-motivated 'can-do' attitude to drive continuous business improvement.
Forward planner with strong time management skills; able to manage multiple tasks and control costs to deliver results within budget & deadline.
Strong leadership skills with the ability to positively influence behaviour and motivate others.
Experienced communicator able to converse at all levels; demonstrates ability to negotiate and challenge while maintaining positive relationships with all stakeholders Contractors/Suppliers to deliver the best results for the business.
High levels of integrity and acting in challenging situations.
Competent in delivering compliance presentations and adapting them for non-technical members of the team/business.
Excellent analytical and evaluation skills including commercial reviews.
What's in it for you?
25 days annual leave
Annual Leave Purchase Scheme
Pension
Vitality Healthcare
Opt in dental insurance programme
Annual bonus scheme
The Stonegate discount card offering discounts across our managed estate
Online benefits portal offering discounts across the High Street and other retailers
At Stonegate Group, we're proud to be the biggest operator of pubs, bars, and late-night venues in the United Kingdom. Our leading brands are diverse and well-known, including names like Slug & Lettuce, Be At One and Popworld. Find out more about a career with Stonegate Group at www.stonegatecareers.co.uk .
If you have a disability as outlined by the Equality Act 2010 and require reasonable adjustments to be made during the recruitment process, please let us know in advance so that any support, aids or adaptations can be put in place to assist you. You can contact us on .
#LI-HR1
TPBN1_UKCT
You will ensure all activities undertaken by Property are delivered within financial targets, whilst maintaining high standards of financial governance and compliance. By overseeing cost estimation, contract management, and financial analysis, the Commercial Cost Manager plays a significant role in the financial health and success of the Property team's projects and operations.
Utilising expertise in contractor relationships, procurement methods, and market rates, the Commercial Cost Manager aims to optimise financial performance while maintaining high standards of service delivery. Time, cost, and quality are fundamental in supporting our sites, allowing our Operations team to focus on our guests while we manage property activities.
Working closely with our Supplier Relationship Managers, you will be responsible for assessing the cost impact of any proposed changes across the supply chain, and variations to project scope and schedule ensuring we are always within budget.
You will collaborate closely with key teams across the department including Construction, Health & Safety, Facilities Management, and Procurement and our Operational teams.
Responsible for the creation and management of all documentation, ensuring it is fit for purpose across the business.
You will liaise with our network of contractors to ensure we meet key performance criteria and deliver the appropriate levels of service.
Key Responsibilities - Duties and Responsibilities:
Proactively monitor, manage, and negotiate costs, ensuring accurate and timely submission of applications
Conduct audits, cost checks, and reviews of construction and facilities management contracts.
Collaborate with contractors to achieve key performance indicators (KPIs) and objectives, emphasising performance, cost control, and value engineering.
Evaluate completed work and facilitate interim payments while finalising accounts.
Maintain awareness and understanding of market conditions and their impact on costs.
Establish and manage project budgets, ensuring that all costs are accurately forecasted and allocated.
Monitor and control expenditures to ensure they remain within the approved budget.
Identify and analyse variances between budgeted and actual costs and take corrective actions as necessary.
Provide precise cost estimates and develop budgets aligned with project needs and organisational objectives.
Implement strategies to control costs, identify savings opportunities, and mitigate financial risks.
Drive continuous improvement initiatives to enhance cost efficiency and optimise resource allocation.
Ensure adherence to financial regulations and internal policies and deliver regular reports on cost management metrics.
In summary, the Cost Manager plays a pivotal role in supporting the Property Team's goals of achieving financial accuracy, operational excellence, and strategic growth within the organisation.
Skills, Experience and Qualifications:
Thorough understanding of contractor rates and construction procurement methodologies is essential.
Proficient in Microsoft Excel with advanced skills in data manipulation. Competent in MS office and CAFM systems
Requires a professional and dynamic approach, committed to delivering results in an organised manner. Capable of quickly grasping complex information and assessing requirements.
MRICS / Chartered Surveyor status desirable but not essential.
Excellent written and verbal communication skills are crucial for building strong working relationships with contractors and colleagues.
Demonstrates a positive and self-motivated 'can-do' attitude to drive continuous business improvement.
Forward planner with strong time management skills; able to manage multiple tasks and control costs to deliver results within budget & deadline.
Strong leadership skills with the ability to positively influence behaviour and motivate others.
Experienced communicator able to converse at all levels; demonstrates ability to negotiate and challenge while maintaining positive relationships with all stakeholders Contractors/Suppliers to deliver the best results for the business.
High levels of integrity and acting in challenging situations.
Competent in delivering compliance presentations and adapting them for non-technical members of the team/business.
Excellent analytical and evaluation skills including commercial reviews.
What's in it for you?
25 days annual leave
Annual Leave Purchase Scheme
Pension
Vitality Healthcare
Opt in dental insurance programme
Annual bonus scheme
The Stonegate discount card offering discounts across our managed estate
Online benefits portal offering discounts across the High Street and other retailers
At Stonegate Group, we're proud to be the biggest operator of pubs, bars, and late-night venues in the United Kingdom. Our leading brands are diverse and well-known, including names like Slug & Lettuce, Be At One and Popworld. Find out more about a career with Stonegate Group at www.stonegatecareers.co.uk .
If you have a disability as outlined by the Equality Act 2010 and require reasonable adjustments to be made during the recruitment process, please let us know in advance so that any support, aids or adaptations can be put in place to assist you. You can contact us on .
#LI-HR1
TPBN1_UKCT