Senior Cost Manager

Senior Cost Manager

New York, NY

A leading General Contractor is seeking a Senior Cost Manager to oversee financial performance across major construction projects valued in the $25M–$250M range.

This position will play a key role in project cost management, budget forecasting, risk management, and executive decision-making. Working closely with Project Management, Operations, Accounting, and Executive Leadership, the Senior Cost Manager will drive cost predictability, strengthen forecasting, manage financial risk, and protect project profitability from preconstruction through closeout.

Responsibilities

• Lead project cost management, budgeting, forecasting, and cost-to-complete analysis.
• Develop and maintain monthly financial forecasts and Anticipated Cost Reports.
• Track and monitor project budgets, issue commitments, subcontractor change orders, prime contract change orders (PCCO’S), pending commitments, and Estimated Future Commitments (EFC’s) using Procore.
• Monitor project performance, commitments, contingency, buyout savings, and potential cost exposures.
• Lead change order and change event management, including pricing, scope, contractual, and schedule impacts.
• Identify financial risks and work with project leadership on mitigation strategies.
• Review subcontractor commitments, requisitions, payment applications, and contract modifications.
• Prepare financial reporting and provide insight to Executive Leadership on project performance and risk.
• Support project closeout and maintain historical cost data for future benchmarking.

Qualifications

• 10+ years of experience in General Contractor or Construction Manager cost management, project controls, construction financial management.
• Experience managing financial controls for NYC multifamily, mixed-use, or municipal construction construction projects over $100M
• Strong understanding of GMP Contracts, Cost Forecasting, Cost-to-Complete Analysis, Change Order Management, Construction Accounting, Subcontract Administration, Procurement Processes, Project Risk Management
• Procore experience required

Target Salary: $180,000–$220,000