Cost Manager - 7372

Title: Cost Manager

Contract Type: Permanent, Full Time,35 hours

Salary: £63,807 per annum to£70,555 per annum dependant on experience. *Plus £1,300 Essential Car UserAllowance

Grade: 11

Reporting Office: London, Stratford

Persona: 20% - 40% ofcontractual hours to be worked from reporting office/working location/Site(hybrid working)

Closing Date: 19thJanuary 2026 at 9am via MS Teams

Interview Dates: 27thJanuary 2026 via MS Teams

Role Profile - Cost Manager.docx

Benefitsinclude: Excellent pension plan (up to 6% double contribution), 28 days Annual Leave rising to 31 days with length of service + Bank Holidays, Westfield Health Cash Plan, non-contributory life assurance, up to 21 hours volunteering paid days, lifestyle benefits, Employee Assistance Programme and many more…

Early applications are encouraged as we reserve the right to close the advertisement and interview earlier than stated.

Join our Commercial Team at L&Q:

L&Q’s Commercial team within Property Services is seeking a dynamic Cost Manager to establish and lead a new cost consultancy function. This is an exciting opportunity to play a pivotal role in delivering our Major Works and Investment Programme.

This is a unique and exciting opportunity to shape the future of cost consultancy at L&Q. As our new Cost Manager, you’ll be instrumental in building an in-house cost consultancy function from the ground up. This strategic move will empower L&Q with enhanced commercial control, enabling us to drive greater value for money across our Major Works and Investment Programme. You’ll be at the forefront of improving cost transparency, strengthening financial governance, and ensuring our projects deliver maximum impact for our residents and stakeholders.

The Cost Manger will be required to Lead the development and implementation of a cost consultancy function within the Commercial team. Provide expert cost management support across the Major Works and Investment Programme. Collaborate with internal and external stakeholders to ensure that costs are accurately reported. Produce quarterly commercial overviews, market trend analysis, and audit/valuation assurance reports. Lead quarterly valuation reviews for all partner contractors, checking compliance with the Price Framework. Conduct in-depth audits of build-ups, variations, and open book data. Produce reconciliation reports, identify anomalies, and recommend improvements. Manage final account audits and ensure appropriate shared savings calculations.

Take the Lead in Shaping Cost Excellence. This is a rare opportunity to take ownership of a newly created role and make a tangible impact from day one. If you’re passionate about cost consultancy, thrive in a collaborative environment, and want to build something meaningful, this role offers the perfect platform to elevate your career and leave a lasting legacy.

If this sounds like you, we would love for you to apply!

Your impact in the role:

To be considered for this role candidates will be able to demonstrate experience, knowledge and understanding of:

· Managing budgetary constraints using forensic cost control techniques

· Strong analytical skills and will be highly numerate with data interrogation skills

· Experience of managing principal and subcontractor arrangements

· You will have a good understanding of Cost value reconciliation

· Commercial Awareness with good legal/contractual knowledge

· Competent in use of standard methods of measurement and use of NHF SoR’s

· Strong leadership skills and experience managing others and working collaboratively with others

What you'll bring:

· Degree or HNC level in a related discipline or equivalent substantial experience

· It is desirable for candidates to be professionally qualified member of CIOB/RICS but not essential.

If you require any reasonable adjustments at any stage during this process, including application stage, please email lqcareers@lqgroup.org.uk

A Recruitment Advocate will join this recruitment process as a panel member. This is part of an internal scheme supporting our recruitment process to be fair, transparent and consistent, particularly at senior levels.

If you require any reasonable adjustments at any stage during this process, including application stage, please email lqcareers@lqgroup.org.uk

About L&Q:

We’re one of the UK’s leading housing associations and developers. We were founded on a simple belief: high quality housing is vital for people’s health, happiness and security. Everyone deserves a quality home that gives them the chance to live a better life.

250,000 people call our properties ‘home’, and we’re proud to serve diverse communities across London, the South East and North West of England.

People are at the heart of our business and our success depends on employing the best people and getting the best from them. The foundation of everything that we are is built on our corporate values and behavioural framework, which outlines our core expectations and should be demonstrated at all times, and all levels, when representing L&Q.

At L&Q, we know that diversity and inclusion make us stronger – and they’re at the heart of everything we do.

When we recruit, we look at what really matters: your skills, experience, and potential. We’re proud to be recognised for creating an inclusive workplace. We’re a Disability Confident Leader (Level 3) and we’ve introduced our own Recruitment Advocate scheme to make sure every step of our hiring process is fair, transparent, and consistent. It’s all part of our commitment to ending discrimination and making L&Q a place where everyone feels welcome. Fine out more here.

Sustainability is also at the heart of what we do. We recognise the responsibility we hold as one of the UK’s largest housing associations.

Click here to find out more about L&Q and why you should join us!

#TJ