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Cost Manager – London or Manchester based

iQ Student Accommodation
London or Manchester
Competitive + benefits 
Closing date
28 Aug 2022
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Cost Manager – London or Manchester based

The overall purpose of the Cost Manager role is to ensure the Estates programme of work is delivered within the agreed budgets. To do this cost processes must be defined, implemented and applied across the full programme of works across the Estates pipeline – delivering a step change in the function is a key part of the role.

The Cost Manager will take the lead, working closely with other stakeholders in the team and wider business to provide feasibility studies, diligence reports, scopes of work and cost estimates against project requirements, this will be done alongside the Programme Manager. The Cost Manager will work closely with the Programme Manager to ensure all projects on the project are correctly scoped and costed within agreed budgets before being handed over for delivery.

Key Role Responsibilities:

  • To lead cost targeting and benchmarking activities
  • Scoping and costing projects and programme of works
  • Support continuous improvement through value engineering techniques and processes, identifying inefficiencies and cost optimisation opportunities
  • Analyse and identify key areas of improvement and apply cost estimation techniques to drive cost reductions and aid operational processes and efficiency across the estate
  • Monitor and review data and information to detect and assess problems and make recommendations to resolve issues
  • Utilise cost methodologies and tools to prepare and maintain reliable and accurate data
  • Ensure professional and consistent cost management processes are applied to the programme
  • Ensure appropriate monitoring, reporting systems and procedures are in place to meet objectives in line with the programme manager
  • Provide strategic and operational information and reports to share with others as and when required

Experience & Skills: 

  • Significant experience of cost estimating or finance in preferably the construction / facilities management / estates
  • Experience of using spreadsheets and complex estimating, pricing models and cost management tools
  • Demonstrable track record of adding significant value and optimizing costs
  • Experience of delivering results through cross-functional working
  • High degree of knowledge and understanding of a variety of value engineering processes and ability to evaluate and analyze associated costs

Why join us?

  • 25 days annual leave, increasing with service plus bank holidays, + an extra day for your Birthday
  • Discretionary bonus
  • Life Assurance
  • Pension scheme - we match your contributions up to 8%
  • Holiday Purchase Scheme
  • Smart Tech Loans
  • Eyecare Vouchers
  • Payroll Giving and Insurance Fundraising Match up
  • Private Medical / Healthcare Cashplan
  • Enhanced Parental Leave
  • Discounted gym memberships
  • Volunteer Day
  • Access to thousands of discounts and offers on our rewards platform
  • Cycle to work scheme
  • Season ticket loan

Who are we?

Our vision is to build a world class business, reimagining the student accommodation experience and delivering the best year yet to our customers. Following an ongoing investment by Blackstone – one of the world's largest real estate investment firms, we have exciting long term growth plans!  We have support team offices in central London and Manchester and we have an amazing 76 sites across 27 cities.

Everyone's welcome at iQ, whoever they are, wherever their background and we encourage and celebrate you to #BeYou. That's why we're committed to creating a truly inclusive culture at iQ.

We are an equal opportunity employer and do not discriminate based on an individual's race, national origin, colour, gender, gender identity, gender expression, sexual orientation, religion, age, disability, marital status.

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