What are the responsibilities and job description for the Regional Cost Manager position at H. J. Russell & Company?
Summary
The Regional Cost Manager is responsible for overseeing the financial performance of construction projects within a specific region, ensuring accurate job cost tracking, forecasting, and reporting. This role supports Project Managers and Operations by providing reliable financial insights that guide decision-making and help maintain project profitability. The Regional Cost Manager also ensures adherence to financial controls and compliance requirements, working closely with project teams, estimating, and corporate finance. Through strong collaboration and consistent financial oversight, this role helps the company achieve its operational and strategic goals.
Essential Duties and Responsibilities include the following. Other duties may be assigned.
Project Financial Management
Is responsible for the overall direction, coordination, and evaluation of the department. Performs supervisory duties in alignment with Company policies and applicable laws, including planning, assigning, and directing work, as well as managing employee’s performance and development in collaboration with Human Resources.
Education And/or Experience
The physical demands and work environment described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is regularly required to stand; walk; use hands to fingers to handle or feel; reach with hands and arms; and talk or hear. The employee frequently is required to sit; climb or balance; stoop, kneel, crouch, or crawl; and taste or smell. The employee must regularly lift and/or move up to 10 pounds and frequently lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, and ability to adjust focus.
While performing the duties of this job, the employee is regularly exposed to moving mechanical parts, fumes or airborne particles, and outside weather conditions. The employee is frequently exposed to toxic or caustic chemicals, risk of electrical shock, and vibration. The employee is occasionally exposed to wet and/or humid conditions; high, precarious places; extreme cold; extreme heat; explosives; and risk of radiation. The noise level in the work environment is usually loud.
The work environmental characteristics described here are representative of those an employee encounters while performing the essential functions of this job Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually moderate..
The Regional Cost Manager is responsible for overseeing the financial performance of construction projects within a specific region, ensuring accurate job cost tracking, forecasting, and reporting. This role supports Project Managers and Operations by providing reliable financial insights that guide decision-making and help maintain project profitability. The Regional Cost Manager also ensures adherence to financial controls and compliance requirements, working closely with project teams, estimating, and corporate finance. Through strong collaboration and consistent financial oversight, this role helps the company achieve its operational and strategic goals.
Essential Duties and Responsibilities include the following. Other duties may be assigned.
Project Financial Management
- Manage the financial reporting and analysis of active projects within the assigned region.
- Monitor and report on job costs, Work in Progress schedules, and project profitability.
- Track over/under billings, contract status, cash position, and change order impacts.
- Create and submit all project billings.
- Collect and manage AR.
- Work with the Project Coordinator team to review and submit weekly AP Selections.
- Ensure accuracy of GMP vs Lump Sum cost tracking.
- Collaborate with the Estimating team and Operations to establish baseline budgets and update forecasts throughout the project lifecycle.
- Provide regular reporting and insights into cost performance, trends, and variances to Project Managers and the Director of Cost Management.
- Participate in the monthly forecasting process, ensuring alignment with corporate revenue and gross profit targets.
- Assist in the preparation of annual project and regional budgets, working closely with the Director of Cost Management, General Managers, and Project Executives.
- Identify risks or exposures that may impact financial outcomes and elevate concerns proactively.
- Enforce internal project controls related to financial documentation and project compliance.
- Support project audits and ensure adherence to accounting policies and regional procedures.
Is responsible for the overall direction, coordination, and evaluation of the department. Performs supervisory duties in alignment with Company policies and applicable laws, including planning, assigning, and directing work, as well as managing employee’s performance and development in collaboration with Human Resources.
Education And/or Experience
- Bachelor’s degree in Accounting or Finance
- [4 ] years of progressive experience in construction project cost management, financial oversight, or FP&A
- Strong analytical, communication, and problem-solving skills
- Proven ability to manage priorities and deliver results
- Experience with UKG, CMiC, TrimblePay, OneStream (preferred)
- Professional certification such as CPA, CCM, or PMP (preferred)
- Demonstrated leadership skills and ability to work collaboratively across teams
- Primarily office-based with occasional travel
- Reliance on experience and judgment to plan and accomplish goals.
- Able to handle multiple tasks and maintain control and order of all assignments.
- Conscientious about timeliness of assignments and quality of work product
The physical demands and work environment described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is regularly required to stand; walk; use hands to fingers to handle or feel; reach with hands and arms; and talk or hear. The employee frequently is required to sit; climb or balance; stoop, kneel, crouch, or crawl; and taste or smell. The employee must regularly lift and/or move up to 10 pounds and frequently lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, and ability to adjust focus.
While performing the duties of this job, the employee is regularly exposed to moving mechanical parts, fumes or airborne particles, and outside weather conditions. The employee is frequently exposed to toxic or caustic chemicals, risk of electrical shock, and vibration. The employee is occasionally exposed to wet and/or humid conditions; high, precarious places; extreme cold; extreme heat; explosives; and risk of radiation. The noise level in the work environment is usually loud.
The work environmental characteristics described here are representative of those an employee encounters while performing the essential functions of this job Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually moderate..