Cost Control Manager (Cedar Rapids, IA)
Cost Control Manager (Cedar Rapids, IA)
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Job Description
Learn what makes QTS a unique place to grow your career!
The Cost Control Manager in Cedar Rapids IA is responsible for managing construction budgets from project inception through completion in accordance with the construction contract documents including validation of potential change orders and associated cost. This position involves leading and collaborating with various stakeholders including project management teams (internal and external) vendors cost consultants and finance and accounting teams. The ideal candidate has strong collaboration skills advanced knowledge of construction documents analytical abilities attention to detail and proficiency in financial and project management software tools.
ESSENTIAL DUTIES AND RESPONSIBILITIES
- Examine construction contract documents and ensure continuous compliance with the contract and relevant laws.
- Evaluate contractors requests to award (RTA) to subcontractors provide recommendations to the project management team for review and monitor buyout savings.
- During the monthly review of the pay application ensure that contractors schedule of values aligns with the contract verify the required monthly documentation reconcile the project budget as needed and inform the project management teams.
- Initiate purchase orders for vendors and ensure invoices comply with the agreed terms.
- Obtain detailed monthly cash flow projections from the contractor reconcile projections with actual figures and provide these projections to the capital and investment teams.
- Evaluate potential change order events by thoroughly reviewing contract documents and relevant cost information and offer wellinformed recommendations to project management teams including substantiating claim positions.
- Maintain a log of potential change orders and their approximate costs track approved change orders manage the internal approval process for change orders according to the delegation of authority and ensure review by the legal department as necessary.
- Support the finance team with the monthly loan draw process as required including acquiring any necessary documentation from the contractor or its subcontractors.
- Conduct weekly and biweekly meetings with external construction managers internal project management teams and consultants to review pay applications required documentation and change order status. Ensure that all teams adhere to the specified review timelines.
- Manage third party change management or cost auditing teams that are assigned to the project.
- Mentor and support growth of internal Cost Engineers.
BASIC QUALIFICATIONS
- Bachelors degree in construction management financing or accounting; or relevant professional experience.
- Advanced knowledge in construction contract documents and change management.
- Proficiency in financial and project management software (e.g. Workday eBuilder Procore Autodesk Construction Cloud).
- Ability to work within dynamic and diverse team and environment.
- Ability to lead and mentor others.
- Seven or more years of experience in construction or project management.
PREFERRED QUALIFICATIONS
- Ten or more years of experience in construction or project management preferred.
- Prior experience in a leadership or management role a plus.
KNOWLEDGE SKILLS AND ABILITIES
- Strong collaboration skills analytical and attention to detail.
- Excellent communication and leadership skills.
TOTAL REWARDS
This role is also eligible for a competitive benefits package that includes medical dental vision life and disability insurance; 401(k) retirement plan; flexible spending and HSA accounts; paid holidays; paid time off; paid volunteer days; employee assistance program; tuition assistance; parental leave; military leave assistance; QTS scholarship for dependents; wellness program and other company benefits. This role is bonus eligible and may be eligible for equity.
We conform to all the laws statutes and regulations concerning equal employment opportunities and affirmative action. We strongly encourage women minorities individuals with disabilities and veterans to apply to all of our job openings. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race color religion gender sexual orientation gender identity or national origin age disability status Genetic Information & Testing Family & Medical Leave protected veteran status or any other characteristic protected by law. We prohibit retaliation against individuals who bring forth any complaint orally or in writing to the employer or the government or against any individuals who assist or participate in the investigation of any complaint or discrimination claim.
The Know Your Rights Poster is included here:
The pay transparency policy is available here:
Pay Transparency Nondiscrimination PosterFormatted
QTS is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process please send an email to and let us know the nature of your request and your contact information.
Required Experience:
Manager
Employment Type
Full-Time
