What are the responsibilities and job description for the Construction Cost Manager position at Marshall Retail Group?
Join our Support Center and be a pivotal resource to our field and distribution teams —where innovation, cross-functional collaboration, and career growth come together in an exciting environment!
The Cost Manager is responsible for the financial control, planning, and management of all capital expenditure projects related to the design, construction, and fit-out of WH Smith's new and refurbished retail units in aviation and casinos. This role involves working closely with Design, Construction, and Procurement teams to ensure projects are delivered within budget, maximizing value, and adhering to strict airport operational constraints and timelines.
Location: Support Center, 6600 S Bermuda Rd, Las Vegas, NV 8911
Pay: $80,000
Benefits:
- Employee Discount
- Employer-Paid Life Insurance
- Flex Time Off
- Disability Insurance
- Medical, Dental, and Vision Insurance
- Paid Parental Leave
- 401(k) with company match
Budgeting and Forecasting
• Establish and maintain detailed project budgets, working with specialists and providing accurate cost estimates (concept to final design) for construction, fit-out, and fixed assets.
• Conduct comprehensive cost planning and financial feasibility studies for all potential retail unit locations in compliance with airport specific requirements.
• Manage forecasting and reporting project expenditures, identifying potential variances and implementing corrective actions proactively.
• Analyze historical data to provide benchmark cost-per-square-foot placeholder estimates to Finance for initial high-level P&L analysis.
• Develop detailed cost models for use in accurate estimation and value engineering activities.
Cost Control and Value Management
• Implement robust cost control systems and processes to track actual expenditure against approved budgets from estimate to final account.
• Lead and support value engineering (VE) initiatives by providing clear cost breakdowns and challenging specifications and construction methodologies to achieve cost savings without compromising design quality or functionality.
• Manage directly and/or support the project manager to negotiate variations, change orders, and final accounts with contractors, suppliers, and consultants.
• Prepare and present detailed financial project reports and cost summaries to senior management and project stakeholders.
• Process all cost functions through the approved Enterprise Cost Management System [ACONEX at time of writing] including submission of and inputting contract data and documentation.
• Drive the change management process through the cost management systems.
• Support the project manager in the successful delivery of projects.
Tendering and Procurement Support
• Support and/or Lead on Category Procurement Management activity ensuring clear RFIs and RFQs.
• Negotiate and manage supplier contracts and pricing agreements to secure best value, ensure supply continuity and compliance.
• Benchmark current material specifications and supplier performance internally and externally to drive continuous improvement.
• Proactively challenge internal stakeholder specifications to identify and eliminate over-engineered or inefficient items.
• Manage the purchasing process for bulk stock and specialized equipment, balancing supply constraints with material requirements.
• Develop and manage tender documentation (Bills of Quantities, Scope of Works) for main contractors and specialist trades.
• Assist and sometimes lead on Procurement with the financial evaluation of tender submissions and contract negotiations to ensure best commercial terms.
• Benchmark costs against industry standards and previous projects, specifically within the airport/retail sector.
Administration and Compliance
• Ensure compliance with all internal financial controls, corporate governance, and airport-specific financial/contractual regulations.
• Oversee contract administration duties, ensuring accurate and timely payment certification and cash flow management.
Salary : $80