Assistant Cost Manager

1 week ago


Singapore AtkinsRéalis Full time

**Assistant Cost Manager (Project Controls)**

**Responsibilities**:
This Singapore-based role supports capital projects across APAC region, ensuring effective commercial and project controls throughout the project lifecycle.

Cost Estimating
- Support the commercial function of capital projects by managing estimates and cost plans throughout the project lifecycle.
- Develop and manage project budgets during all lifecycle phases, ensuring alignment with project requirements through collaboration with stakeholders.
- Prepare detailed cost estimates using local benchmarks and historical data, updating budgets for scope changes and maintaining accurate project costs.
- Coordinate project scope inclusion in cost estimates by engaging with various stakeholders and addressing scope gaps.
- Prepare consultancy tender documents, evaluate proposals, onboard consultants, and transfer project information to in-country consultants as needed.
- Identify cost-saving opportunities and propose initiatives for scope changes during estimation and planning stages.

Project Controls
- Maintain and update the cost report monthly, ensuring accuracy, quality reviews, risk identification, and alignment with project progression. Incorporate updates into Client project reporting platform and collaborate with PMs and Clients.
- Assist in managing Change Requests by reviewing budget impacts, ensuring proper approvals, incorporating changes/variations into cost reports, and triggering additional funding requests when needed.
- Utilize Client budget and accounting systems to manage and report on key project financial metrics, including committed costs, accruals, cashflows, and Assets Placed in Service, ensuring compliance with policies.
- Provide monthly variance analysis, including high-level variance explanations, and communicate with finance teams.
- Identify and document financial risks in the project risk register or Client project reporting platform, recommending mitigation strategies, updating cashflow forecasts, and informing finance teams of relevant risks.
- Oversee the financial close-out of projects, ensuring all final costs are captured in Client project reporting platform, final accounts align with purchase orders and invoices, and projects are closed in compliance with Client requirements.
- Manage and maintain project scope boundaries to align with approved budgets, schedules, and stakeholder expectations while preventing scope creep.
- Attend steering meetings to provide updates, escalate commercial concerns, and contribute expertise.
- Support ad-hoc project report requests from Clients as required.

**Requirements**:

- Possess a relevant Bachelor’s Degree in Quantity Surveying, Project Management, Construction Management, Finance or a related field.
- Minimum 3-5 years of relevant experience in commercial management, cost control, or project controls, consultancy experience is preferred.
- Strong understanding of project cost estimation, budgeting, and financial reporting.
- Proficiency in cost reporting tools, budget management systems, and Microsoft Excel.
- Familiarity with procurement and tendering processes, including consultancy tendering and supplier onboarding.
- Knowledge of financial metrics such as cash flow, accruals, and variance analysis.
- Experience with risk management, change management processes, and maintaining project scope boundaries.
- Strong analytical and problem-solving skills with attention to detail and the ability to identify risks and deliver corrective actions.
- Excellent communication, organizational, and collaboration skills to manage multiple regional projects and diverse stakeholders effectively.
- Flexible to work across regional time zones and adapt to cross-cultural environments.

**Why choose AtkinsRéalis?**
- Comprehensive Medical & life insurance coverage
- Remote work opportunities outside of country
- Flexible/hybrid work solutions
- Performance driven discretionary bonus program
- Transportation & housing allowances: Available for remote work locations.
- Employee Wellbeing Program: 24/7 access to specialists in finance, legal matters, family care, as well as personal health, fitness, and nutrition consulting.

**Your difference makes a difference.** We care for our people and are committed to creating an inclusive working environment where you can thrive and build a future you want to be a part of.

AtkinsRéalis is committed to eliminating discrimination and encouraging diversity amongst our workforces. We aim to provide quality and fairness for all job applicants and employees and not to discriminate on grounds of gender, marital status, age, race, ethnic origin, religious conviction, or disablement. We oppose all forms of unlawful treatment and discrimination.

**We pursue this commitment by**:
Having clear and concise procedures and guidelines for both line managers and employees to ensure policies are fully understood and implemented.

Complying with the relevant empl


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