Manager, Cost Management

**Manager, Cost Management (Data Centre)**:
**Date**:28 Apr 2025

**Location**: Singapore, Singapore

**Company**:Singtel Group

Passionate about making a real impact? Join our team at Nxera to unfold the new era Be at the forefront of the data centre (DC) industry with a unique focus on sustainability, connectivity and AI which sets us apart as the next generation DC operator. You will also get to gain invaluable experience in a fast-growing industry that is powering the digitalisation wave. Be empowered to co-create the future with our dynamic teams

**Make an Impact by**

**Leadership in Cost Management**:

- Lead the continuous enhancement of cost management strategies, ensuring effective control measures are in place throughout the project lifecycle.
- Take the initiative in developing project budgets and collaborating with the Project Manager to define procurement strategies for new projects.
- Lead the preparation and review of cost summaries, ensuring up-to-date forecasts and financial reports are presented to key stakeholders.

**Stakeholder Engagement & Collaboration**:

- Lead communications with stakeholders to establish project budgets, and assist in defining procurement strategies, aligning financial expectations with project goals.
- Guide the development of Statements of Work (SOW) for Quantity Surveyor (QS) Consultants and assist the Project Manager with other consultants’ SOWs.
- Ensure that all contractual agreements, Purchase Orders (POs), and contracts are issued, signed, and fully executed in a timely manner

**Cost Control & Monitoring**:

- Oversee the validation, processing, and timely tracking of payment claims, ensuring compliance with contractual terms and proper documentation of all financial transactions.
- Manage variation/change management processes, ensuring that cost adjustments are well-documented, analyzed, and aligned with the overall project budget.
- Supervise the auditing of contractor claims and QS Consultant assessments, ensuring that claims are properly reviewed and adjusted as necessary.

**Final Account Management & Financial Reporting**:

- Take the lead in managing the timely closure of project final accounts, ensuring that all financial matters are resolved before project completion.
- Work closely with the Finance team to monitor accruals, track cash flows, and make any necessary budget reforecasting adjustments.

**Commercial & Contractual Oversight**:

- Lead or assist the Project Manager in chairing commercial meetings, ensuring that all financial and contractual matters are addressed and aligned with project objectives.
- Provide guidance on contractual obligations and ensure compliance with all terms and conditions of contracts, mitigating risks where applicable.

**Strategic Input & Business Collaboration**:

- Support feasibility studies and provide strategic input to aid in business decision-making and project planning.
- Regularly update stakeholders on the progress of the commercial aspects of the project, ensuring timely communication of any financial or contractual developments.

**Technical Expertise & Cost Strategy**:

- Leverage knowledge in civil and structural engineering, architecture, M&E systems, and interior fit out pricing to develop cost-effective strategies for each project phase.
- Ensure accurate pricing strategies are applied throughout the project lifecycle, particularly in complex and multi-disciplinary projects.

**Problem Solving & Resourcefulness**:

- Demonstrate strong problem-solving skills by addressing challenges related to cost management, procurement, and financial processes.
- Proactively escalate issues to senior leadership as needed, ensuring timely resolution of potential risks to the project’s financial health.

**Additional Duties**:

- Perform other duties as assigned by the Business Support Lead, demonstrating flexibility and responsiveness to the evolving needs of the project

**Skills for Success**
- Bachelor in Quantity Surveying, Building Construction or Equivalent
- Minimum 8 to 10 years’ experience in in cost management, financial oversight, and project budget management, preferably within the construction, infrastructure, or related industries
- Strong technical knowledge & experience in quantity surveying duties, cost & finance management in major projects.
- Exceptional leadership and communication skills, with the ability to engage stakeholders at all levels and ensure alignment of financial goals.
- Detail-oriented, with the ability to audit, validate, and ensure that all costs are accurately tracked and managed throughout the project
- Expertise in civil and structural engineering, architecture, M&E (Mechanical & Electrical), and interior fitout pricing is highly desirable.
- Proficiency in Microsoft Office tools, especially in Microsoft Excel.

**Rewards that Go Beyond**
- Flexible work arrangements
- Full suite of health and wellness benefits
- Ongoing training and development programs
- Internal