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Cost Manager - Rail

Company Description

Work with Us. Change the World.

At AECOM, we're delivering a better world. Whether improving your commute, keeping the lights on, providing access to clean water, or transforming skylines, our work helps people and communities thrive. We are the world's trusted infrastructure consulting firm, partnering with clients to solve the world’s most complex challenges and build legacies for future generations.

There has never been a better time to be at AECOM. With accelerating infrastructure investment worldwide, our services are in great demand. We invite you to bring your bold ideas and big dreams and become part of a global team of over 50,000 planners, designers, engineers, scientists, digital innovators, program and construction managers and other professionals delivering projects that create a positive and tangible impact around the world.

We're one global team driven by our common purpose to deliver a better world. Join us.

Job Description

Start here. Grow here.

Are you a talented and ambitious Cost Manager looking to work on exciting infrastructure projects that can change the world, projects that are always more complex and innovative than the last?
We are looking for experienced Cost Managers to support our exciting growth plans, working with our key infrastructure clients, particularly in the rail sector in the Northwest and Midlands, supporting the successful delivery of their capital projects and programmes of work. You will be joining an established team of like-minded experts that have a passion for innovation and delivering cutting edge solutions.
As a Cost Manager within our Infrastructure team, you will provide a comprehensive, accurate and value driven service for large, high profile and exciting key client within the rail sector. The role also presents opportunities to work across other sectors including highways, water, and power sectors throughout the UK.
The role will cover all aspects of cost management throughout the whole project lifecycle from initial inception / business case through to completion / commissioning. The role also provides the opportunity to support the growth of the business and management/development of team members within the Northwest and Midlands.

Here’s what you’ll do

Duties include (but not limited to):

  • Deliver all aspects of cost management from inception of a project through to completion.
  • Achieve the highest standards of professional competence and to demonstrate this ability in all dealings with clients and professional contacts, reinforcing the profile of the company.
  • Drive performance standards and technical excellence through communication and effective use of the performance management process and AECOM technical practice networks.
  • Maintain and develop good relationships with clients, take every opportunity to uphold and increase the profile of the firm as a provider of professional, premium quality services to the construction industry.
  • Actively support the internal team and manage more junior staff on technically complex projects.
  • Develop marketing opportunities and where appropriate bring to the attention of Directors and the Business Development Department, in order that they may assist in following up potential leads enabling the development of new business. 

Qualifications

Ready to push the limits of what’s possible? (Qualifications and Experience)

Here’s what we’re looking for: 

 

  • A minimum of three years’ experience and strong track record in the Cost Management/Quantity Surveying field, ideally working on large scale infrastructure projects.
  • Good working knowledge of NEC4 suite of contracts, particularly the Professional Services Contract (PSC) and Engineering and Construction Contract (ECC)
  • Experience of undertaking cost/commercial management as part of integrated, multi-organisation, collaborative teams
  • Experience of working within a client organization, either directly or through a colocation/secondment arrangement would be of benefit.
  • Ability to identify and influence key client stakeholders, building effective relationships to grow workload/portfolio

Preferred Qualifications:

  • Degree in Quantity Surveying (or equivalent).
  • Accredited to MRICS (or equivalent) or working towards it

Additional Information

We celebrate diversity, including neurodiversity, and believe it enriches our team. We welcome applications from all backgrounds and abilities. If you are an applicant with a disability that requires reasonable accommodation to complete the application process, please contact us at [email protected]  At AECOM, we value everyone's unique contributions and perspectives.

If you meet some of the requirements above or have transferable skills you believe would benefit us, we would be delighted to hear from you!

About AECOM

AECOM is the world’s trusted infrastructure consulting firm, delivering professional services throughout the project lifecycle – from advisory, planning, design and engineering to program and construction management. On projects spanning transportation, buildings, water, new energy and the environment, our public- and private-sector clients trust us to solve their most complex challenges. Our teams are driven by a common purpose to deliver a better world through our unrivaled technical and digital expertise, a culture of equity, diversity and inclusion, and a commitment to environmental, social and governance priorities. AECOM is a Fortune 500 firm and its Professional Services business had revenue of $14.4 billion in fiscal year 2023. See how we are delivering sustainable legacies for generations to come at aecom.com and @AECOM.

Freedom to Grow in a World of Opportunity 

You will have the flexibility you need to do your best work with hybrid work options. Whether you’re working from an AECOM office, remote location or at a client site, you will be working in a dynamic environment where your integrity, entrepreneurial spirit and pioneering mindset are championed.

You will help us foster a safe and respectful workplace, where we invite everyone to bring their whole selves to work using their unique talents, backgrounds and expertise to create transformational outcomes for our clients.

AECOM provides a wide array of compensation, benefits and well-being programs to meet the diverse needs of our employees and their families. We’re the world’s trusted global infrastructure firm, and we’re in this together – your growth and success are ours too.

Join us, and you’ll get all the benefits of being a part of a global, publicly traded firm – access to industry-leading technology and thinking and transformational work with big impact and work flexibility. As an Equal Opportunity Employer, we believe in each person’s potential, and we’ll help you reach yours.

We are a Disability Confident Employer and will offer an interview to applicants who have a disability or long-term condition, who meet the minimum/essential criteria for the role. Please let us know using this email address [email protected]  if you would like to apply through the Disability Confident Interview Scheme.

All your information will be kept confidential according to EEO guidelines.

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Average salary estimate

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What You Should Know About Cost Manager - Rail, AECOM

Are you ready to make a real impact as a Cost Manager with AECOM in Birmingham, United Kingdom? At AECOM, our mission is clear: to deliver a better world by tackling the most complex challenges in infrastructure. If you are an ambitious Cost Manager with a flair for transforming ideas into reality, we want to talk to you! In this role, you will be integral in managing costs for significant rail projects. You will work alongside a diverse team of professionals, all passionate about innovation and excellence. Your responsibilities will encompass everything from the early stages of project inception to the exhilarating moment of completion. You will establish good rapport with clients, ensuring that AECOM's reputation for premium quality service shines through every interaction. Your experience in Cost Management or Quantity Surveying will guide you as you handle cost management duties across various sectors, including highways and power. With a strong understanding of NEC4 contracts and a minimum of three years' experience in similar roles, you will be perfectly positioned to drive successful outcomes. Along the way, you will also have opportunities to mentor junior staff and play an essential role in business development. Joining AECOM means more than just having a job; it's about becoming part of a global community committed to creating lasting legacies. If pushing the boundaries of what's possible excites you, let's work together to create a better future!

Frequently Asked Questions (FAQs) for Cost Manager - Rail Role at AECOM
What are the key responsibilities of a Cost Manager at AECOM?

As a Cost Manager at AECOM, you will be responsible for delivering comprehensive cost management services across all stages of infrastructure projects. Your duties will include managing budgets effectively, ensuring compliance with NEC4 contracts, and maintaining strong client relationships while supporting less experienced team members. You'll be at the forefront of driving innovation and maintaining high standards of service quality.

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What qualifications do I need to become a Cost Manager at AECOM?

To become a Cost Manager at AECOM, candidates should have a degree in Quantity Surveying or a related field, along with a minimum of three years’ experience in cost management, specifically in large-scale infrastructure projects. Accreditation such as MRICS is preferred but not mandatory. A strong knowledge of NEC4 contracts is also essential for this position.

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Can I work in other sectors as a Cost Manager at AECOM?

Yes! While your primary focus will be on rail projects, AECOM offers the exciting opportunity to work across various sectors such as highways, water, and power within the UK. This diversity ensures that every day brings new challenges and learning experiences.

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What kind of team environment can I expect as a Cost Manager at AECOM?

At AECOM, you will be part of a supportive and dynamic team that values collaboration and innovation. Our Cost Managers work together with a diverse team of experts passionate about engineering and infrastructure, allowing you to share ideas and cultivate professional relationships while growing your expertise.

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How does AECOM support the growth of its Cost Managers?

AECOM is committed to the professional development of its employees. As a Cost Manager, you will have access to mentorship opportunities, training, and pathways for career advancement. AECOM encourages its team members to expand their skill sets, and you’ll often find support for attending professional development courses or obtaining necessary certifications.

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Common Interview Questions for Cost Manager - Rail
How do you handle budget overruns in a project?

To effectively handle budget overruns, I assess the root cause of the issue, communicating with team members and clients to understand the situation fully. I then evaluate the potential impacts and identify ways to mitigate costs going forward, always ensuring transparency with stakeholders.

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What experience do you have with NEC4 contracts?

I have significant experience in managing projects that utilize the NEC4 suite of contracts, particularly the Professional Services Contract and Engineering and Construction Contract. I ensure compliance and effective management of contracts to promote collaboration and minimize disputes.

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How do you prioritize tasks when managing multiple projects?

Effective prioritization starts with understanding project timelines and key deliverables. I utilize project management tools to track progress and deadlines, allowing me to allocate my attentions based on imminent deadlines and overall project impact.

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Can you describe a challenging project you oversaw and how you managed costs during it?

One of the most challenging projects I managed involved unforeseen site conditions that significantly impacted the initial budget. I implemented a rigorous monitoring system and facilitated weekly review meetings with stakeholders to agree on viable solutions, ultimately bringing the project back on track without compromising quality.

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How do you build relationships with clients as a Cost Manager?

Building relationships with clients is about communication and trust. I ensure my clients are kept informed about the project's financial health and any challenges. Regular check-ins and open discussions about expectations help foster a strong partnership based on mutual respect.

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What techniques do you use to forecast project costs accurately?

I utilize historical data analysis, industry benchmarks, and thorough scope evaluations to create accurate cost forecasts. Engaging stakeholders in the budgeting process also provides valuable insights that refine projections.

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How would you mentor junior staff as a Cost Manager?

Mentorship to me is about sharing knowledge and providing guidance tailored to individuals’ styles. I involve junior staff in real-time problem-solving situations and encourage them to ask questions while providing constructive feedback.

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How do you ensure compliance with legal standards in your projects?

I maintain compliance by staying updated on applicable laws and regulations and ensuring that these are reflected in all project documentation. Regular training and collaborating with legal advisors also play a key role in ensuring best practices.

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What role does technology play in your cost management approach?

Technology is essential in my cost management approach for data analysis, project tracking, and reporting. I leverage advanced software tools that enable real-time collaboration and precise financial forecasting to enhance project transparency.

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Can you describe your experience with integrated project teams?

I have worked within integrated project teams that synergy between various stakeholders, which promotes collaborative problem-solving. This experience has taught me the importance of communication and inclusivity for project success.

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As the world’s trusted infrastructure consulting firm, we’re committed to managing our business with the utmost responsibility and to always strive for better – whether by reducing emissions, creating social value or diversifying our senior leader...

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Full-time, hybrid
DATE POSTED
April 8, 2025

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