Cost Manager - Frankfurt

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Company Overview: Colt Data Centre Services has over 20 years’ experience in designing, building and operating energy-efficient, reliable data centers - hosting significant financial, media, corporate and cloud wholesale providers across the world.

Our customers are at the heart of everything we do, we endeavor to take a customer-led approach across our operations striving to serve our customers with a seamless experience no matter what facility or region they are in. Finding the right solutions for our customers starts with finding the right people for Colt DCS. We believe in creating a healthy, learning environment for our employees to flourish.

Position Summary: The role of a Cost Manager involves overseeing cost management for multiple projects with a focus on Germany. Working with local cost and project management teams reporting to our Frankfurt head office, the role requires managing consultants to ensure accurate and timely cost information is provided to senior management and finance at Colt. It also involves ensuring best practice and governance are followed, and that Colt achieves value for money across major developments. The Cost Manager will also oversee customer project requirements and provide cost information to our sales teams for accurate pricing. This role is part of the central PMO, which controls project governance and standards. Collaboration with the existing Cost Manager is expected to drive and improve cost processes across the delivery team.

Key Responsibilities:

1. Developing best cost practice, cost reporting, financial controls, and cost benchmarking within the PMO.
2. Managing the commercial aspects of projects in Europe and Asia, overseeing internal and external consultants and general contractors.
3. Negotiating and agreeing budgets and costs for variations in project scope.
4. Checking project costs for accuracy and resolving any queries.
5. Attending cost meetings, managing and liaising with various construction professionals to ensure timely completion of agreed actions.
6. Producing and maintaining up-to-date records of change controls, variations, cashflows, and general cost information for all projects.
7. Reviewing commercial tender returns and recommending order placements.
8. Visiting sites to value completed works and validate consultant recommendations.
9. Assessing contractor payment entitlement and overseeing the payment process internally at Colt.
10. Carrying out reconciliations of cost and value to date/forecast to keep the management team informed of project performance.
11. Training project managers in best cost management practices.
12. Assisting in the guidance and development of junior staff.
13. Handling other commercial matters as required.

Qualifications and Skills:

• Hold a relevant degree (e.g., Quantity Surveying).
• Ability to work effectively both independently and as part of a team.
• Strong communication skills, particularly when working remotely with project teams in non-English speaking countries.
• Self-motivated, detail-oriented, and highly organized, with an aptitude for handling numbers and analyzing technical information.
• Proficiency in IT skills, including Microsoft Excel and Word; familiarity with BIM360 is advantageous.

Experience:

• 6+ years of experience in relevant field.
• Experience working on multiple remote projects.
• Demonstrate a depth of experience in a commercial role within data center construction.

Working Conditions: Colt DCS is a flexible-first company, operating in a hybrid working model.

Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Finance and Management

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