M
Full Time Any

New York, New York · USA job

Director Of Project Controls Cost Management

MalaceHR

New York, New York

Job description

MalaceHR is seeking an experienced Director of Project Controls / Cost Management to support complex construction and real estate programs in New York City.



This senior-level position will be heavily focused on cost management and project controls, including both pre-contract and post-contract project activities. The ideal candidate will have at least 10 years of experience managing construction costs, estimating, procurement, change management, risk, and project financial performance.



This position requires a strong understanding of construction methods, project delivery, real estate markets, and cost management practices. The successful candidate must also be highly client-facing and capable of delivering a polished, white-glove level of service to senior stakeholders.



The role will initially operate as an individual contributor with no direct reports; however, it is expected to develop into a broader leadership position as the team and program grow.



Key Responsibilities



  • Lead project controls and cost management activities across multiple simultaneous projects, including large-scale and complex construction programs.




  • Manage projects through both pre-contract and post-contract phases.




  • Prepare detailed construction and project cost estimates from conceptual design through final construction documents.




  • Develop and maintain project budgets, cost plans, forecasts, cash flow projections, and financial reporting.




  • Perform conceptual estimating and AACE Level 15 cost evaluations.




  • Analyze construction drawings, specifications, scopes of work, and project documentation to accurately determine anticipated costs.




  • Develop a strong understanding of local market pricing for labor, materials, equipment, and subcontractor services.




  • Utilize published cost data, historical project information, benchmarking tools, and market studies to support cost recommendations.




  • Lead value engineering exercises and design option reviews to identify opportunities to improve project value and control costs.




  • Support procurement and tendering processes, including bid leveling, bid analysis, contractor evaluations, and commercial reconciliations.




  • Review contractor and subcontractor proposals for completeness, accuracy, and alignment with project scope.




  • Review change orders and support formal change management processes.




  • Determine whether proposed changes fall within the original project scope and assess the cost and schedule impact of changes.




  • Identify project risks that could affect cost, schedule, scope, or overall project delivery.




  • Develop appropriate risk mitigation strategies and monitor implementation throughout the project lifecycle.




  • Coordinate with project managers, design teams, contractors, consultants, and client stakeholders to gather project information and maintain accurate reporting.




  • Generate project status, cost, risk, and progress reports for internal and external stakeholders.




  • Present cost information, recommendations, forecasts, and project findings to senior client stakeholders.




  • Conduct project controls and cost management audits to identify deviations from established procedures.




  • Support lessons-learned initiatives and implementation of project controls best practices across future projects.




  • Maintain a detailed understanding of construction techniques, technology, market conditions, and industry trends.




  • Effectively manage client expectations through clear, proactive, and concise communication.




  • Develop trusted relationships with clients and become a strategic advisor regarding project cost, risk, and commercial matters.




  • Support strategic initiatives designed to improve project controls and cost management processes.




  • Contribute subject matter expertise to broader project controls and cost management teams.




  • Mentor and support team members as the organization and account grow.




  • Participate in recruiting, developing, and retaining high-performing project controls and cost management professionals.




  • Support business development activities and the cultivation of existing and prospective client relationships.




  • Assist with the development of case studies, market intelligence, benchmarking data, and other client-facing deliverables.





Required Qualifications



  • Bachelors degree from an accredited institution, preferably in:





    • Quantity Surveying




    • Construction Management




    • Architecture




    • Engineering




    • Real Estate




    • Related field






  • 10+ years of experience in cost management, estimating, quantity surveying, project controls, or a similar construction-related position.




  • Significant experience managing projects through both pre-contract and post-contract phases.




  • Strong construction cost management background.




  • Extensive understanding of construction processes, methods, materials, and project delivery.




  • Ability to independently prepare and review detailed cost estimates and project budgets.




  • Experience performing conceptual estimates and evaluating incomplete or evolving design information.




  • Strong understanding of procurement, tendering, bid analysis, and contractor negotiations.




  • Experience reviewing change orders, project changes, and construction claims from a commercial perspective.




  • Strong understanding of project financial controls, forecasting, risk management, and reporting.




  • Ability to manage multiple complex projects and priorities simultaneously.




  • Strong analytical and problem-solving abilities.




  • Excellent written and verbal communication skills.




  • Exceptional client-facing and stakeholder-management capabilities.




  • Ability to communicate effectively with senior executives, project teams, contractors, designers, and consultants.




  • Strong customer-service mindset with the ability to provide a professional, high-touch client experience.




  • Ability and willingness to travel approximately 25% based on project needs.




  • Must be a U.S. Citizen due to client requirements.





Preferred Qualifications



  • Professional certifications such as AACE, RICS, PMP, or similar industry credentials.




  • Experience using CostX, On-Screen Takeoff, or comparable estimating and quantity takeoff software.




  • Experience with construction benchmarking and estimating databases.




  • Experience managing major corporate real estate, commercial construction, or capital improvement programs.




  • Previous leadership, mentoring, or team-development experience.



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