Regional Cost Manager

2 weeks ago

Houston, United States Quanta Infrastructure Solutions Group Full time

Job Description – Regional Cost Manager


About Us: Quanta Infrastructure Solutions Group is a leading provider of construction, engineering, and energy solutions. We are committed to delivering high-quality projects and services that support the growth and success of our clients. Our team is composed of dedicated professionals who are passionate about innovation and excellence.


General Description: As a Regional Cost Manager, you will oversee Project Cost Control (budget management, cost management, trending analysis and forecasting, change management, and risk management) during the design and construction phases of projects within your assigned region. A key aspect of this role will be effectively liaising between Project Management, Project Scheduling, and Project Accounting regarding Cost Analysis to ensure consistent, accurate, and reliable cost information.

Work assignments may include multiple concurrent projects of various sizes and at multiple locations across the US. While not otherwise involved in project-specific work, the Regional Cost Manager will support other project and proposal efforts.

Responsibilities:

General Cost Control Management Duties:

  • Lead and mentor a team of junior cost specialists, assisting with staff development in cost control processes and procedures.
  • Adhere to internal standards, policies, and procedures.
  • Support internal and external audits.
  • Handle ad hoc requests and inquiries as required.

Specialized Cost Control Management Duties:

  • Provide support to Project Teams throughout the project lifecycle.
  • Assist staff with developing budgets from original estimates through to project completion.
  • Review and approve trending analysis and forecasting of all projects.
  • Review and validate data with cost specialists for cost reporting data, incurred cost, earned value, and forecasts.
  • Assist with change management and control of total project costs (Quanta operating units (OpU’s), general contractors, direct suppliers, and professional appointments).
  • Analyze projects to ensure adequate project funding by performing estimates, cost forecasts, cost trends, and accrual of actual costs.
  • Complete cost validation and risk management activities as needed.
  • Monitor and audit compliance of junior staff for all cost-related requirements.
  • Monitor compliance of maintained professional services staffing plans for projects.
  • Reconcile program and project cost data with the internal ERP and financial control systems.
  • Interface with finance and accounting for understanding and forecasting all revenue and project cost expenditure, revenue recognition, customer invoicing, cash flow, and cash calls for projects.
  • Provide business unit level reports including detailed analysis of project cost and changes.
  • Participate in the monthly Project Financial Status Review (PFSR).
  • Present results of cost analyses to senior staff and clients.
  • Solely responsible for all cost control duties and staffing requirements for the project portfolio within the region.

Required Experience and Education:

  • Bachelor’s degree in Construction Management, Engineering, Business or related field; or extensive Project Cost Control and industry experience.
  • 10+ years of project cost control experience with multi-year design and construction projects, specifically in the EPC space.
  • Experience managing and mentoring a group of junior cost specialists.
  • Thorough knowledge and proficiency of EcoSys.
  • Strong knowledge of Microsoft Office Suite.

Preferred Experience and Education:

  • JDE experience will be an advantage.

Skills:

  • Maintain a safe office working environment.
  • Excellent interpersonal and communication skills (both written and verbal) with the ability to communicate effectively and professionally to all levels of the organization.
  • Ability to engage with the client and key stakeholders at all levels.
  • Thorough understanding of project cost control activities and reporting.
  • Proven team player with the ability to work effectively in cross-function teams and to develop and maintain collaborative working relationships.
  • Strong organizational and time management abilities; capable of managing multiple priorities simultaneously.
  • Innovative individual with a proactive, analytical approach to problem identification and resolution.

​​​​​What We Offer:

  • Competitive salary and benefits package.
  • Opportunities for professional development and career advancement.
  • A collaborative and inclusive work environment.
  • The chance to work on innovative and impactful projects.

Travel Requirements:

  • Travel: Yes
  • Percent of Time: Up to 25%

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