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Vantage Data Centers

Cost Manager, EMEA

Posted 21 Hours Ago
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London, Greater London, England
Senior level
London, Greater London, England
Senior level
As a Cost Manager at Vantage Data Centers, you will oversee project costs and budgets, collaborate with multiple stakeholders, prepare detailed reports, manage compliance issues, and ensure effective communication during project delivery. Your role is crucial for maintaining budget adherence and minimizing risk throughout the project lifecycle.
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About Vantage Data Centers


Vantage is committed to being a workplace of inclusion, equity, respect and acceptance. We celebrate diversity and intentionally seek out opportunities to learn from one another’s experience.

Vantage Data Centers powers, cools, protects and connects the technology of the world’s well-known hyperscalers, cloud providers and large enterprises. Developing and operating across North America, EMEA and Asia Pacific, Vantage has evolved data center design in innovative ways to deliver dramatic gains in reliability, efficiency and sustainability in flexible environments that can scale as quickly as the market demands.

Cost Manager

Reporting to the Senior Commercial Director via the Commercial Manager, you will be an integral part of the central commercial function team.

Cost Manager Duties:

  • Understand project scope and your responsibilities for delivery, whether the project is a building or campus.
  • Collaborate with consultants and VDC stakeholders (procurement, design, finance, legal, operations, fit-out).
  • Interface with the client as needed.
  • Manage project costs and budget, ensuring the project remains on budget.
  • Prepare reports on budget changes, issues, and risks as part of monthly reporting.
  • Accurately calculate and report cashflow and contribute to cost reports for client-reimbursable work.
  • Alert senior leadership to scope gaps or potential cost overruns and provide input into value engineering.
  • Provide accurate monthly reports on Estimate at Completion (EAC), cashflow, and risks.
  • Review and validate invoices, payment applications, retention releases, and contractor claims.
  • Monitor project progress with the scheduler and track contractor obligations (bonds, warranties).
  • Administer contract processes and oversee change control, ensuring scope variations are managed effectively.
  • Escalate non-compliance with EHS guidelines and assist in resolving disputes.
  • Attend all relevant project, commercial, and finance meetings, and document key outcomes.
  • Work with the fit-out team to ensure tenant coordination and communicate any risks or changes to delivery.
  • Support the roll-out of VDC processes and contribute to cost estimation best practices.

Requirements:

  • Project Scope Understanding: Ability to grasp full project scope and responsibilities for building or campus developments.
  • Collaboration Skills: Experience working closely with various stakeholders, including procurement, design, finance, legal, operations, and fit-out teams.
  • Client Interaction: Comfortable interfacing with clients as needed throughout the project lifecycle.
  • Budget and Cost Management: Proven ability to manage project costs and budgets, ensuring projects remain on budget.
  • Reporting Skills: Ability to prepare detailed monthly reports on budget changes, risks, and cashflow.
  • Cost Reporting and Reimbursement: Experience in producing and contributing to cost reports for client-reimbursable work.
  • Risk Management: Strong capability in identifying and alerting leadership to scope gaps, cost overruns, and risks.
  • Value Engineering: Ability to provide input into value engineering processes.
  • Invoice and Payment Validation: Proficiency in reviewing and validating contractor invoices, payment applications, and retention releases.
  • Contractor and Project Monitoring: Experience tracking contractor performance and obligations (bonds, warranties) and ensuring progress aligns with the project schedule.
  • Contract Administration: Knowledge of administering building contracts and managing change control processes effectively.
  • Compliance and Dispute Resolution: Ability to manage EHS compliance, escalate non-compliance, and assist in resolving contractual disputes.
  • Meeting Participation: Active participation in project, commercial, and finance meetings with the ability to document key outcomes.
  • Tenant Coordination: Experience working with fit-out teams to ensure effective communication and coordination with tenants.
  • Process Improvement: Experience supporting the implementation of new processes and contributing to best practices in cost estimation.

We operate with No Ego and No Arrogance. We work to build each other up and support one another, appreciating each other’s strengths and respecting each other’s weaknesses. We find joy in our work and each other, actively seeking opportunities to inject fun into what we do. Our hard and efficient work is rewarded with an above market total compensation package. We offer a comprehensive suite of health and welfare, retirement, and paid leave benefits exceeding local expectations.

Throughout the year, the advantage of being part of the Vantage team is evident with an array of benefits, recognition, training and development, and the knowledge that your contribution adds value to the company and our community.

Don't meet all the requirements? Please still apply if you think you are the right person for the position. We are always keen to speak to people who connect with our mission and values.

Vantage Data Centers is an Equal Opportunity Employer

Vantage Data Centers does not accept unsolicited resumes from search firm agencies. Fees will not be paid in the event a candidate submitted by a recruiter without an agreement in place is hired; such resumes will be deemed the sole property of Vantage Data Centers.

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