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The Senior Manager, Development Cost Management - Europe is responsible for supporting the re-engineering, and subsequently managing, QTS’s commercial and procurement control and be responsible for driving value management reviews at every project stage to ensure optimal cost options are being taken – balancing capital expenditure and revenue expenditure (Total Cost of Ownership - TCO). This role will maintain relationships with key external suppliers/vendors to ensure QTS understand market dynamics and cost trends in each of the locations we operate. The role will support the Director, Development Cost Management in achieving the right balance of in-sourced and out-sourced activity. The role will work in close collaboration with our Procurement team to coordinate the management of EUROPE vendors managing supplier KPIs, long lead items, bulk procurement of equipment and vendor managed inventory.

RESPONSIBILITIES, other duties may be assigned

Regional Cost Management and Regional Cost / Risk reporting

Ensuring accurate and timely cost information is presented at program level fortnightly and monthly as required.

Producing monthly reporting comparing budget v forecast and that accurate cash flow information is being tracked and reported.

Ensuring project change trends are being tracked, summarized and root causes identified to help with continuous improvement.

Ensuring all cost trends are projected forward into future schemes so that decision making on European standards can be proactively managed at program level.

Ensuring full transparency on all project cost, commercial and legal issues are reported with appropriate mitigation plans in place.

Manage ongoing cost governance meetings with key internal and external stakeholders to ensure best practice is shared and cost information is pooled.

Project Cost Management and Project Cost / Risk reporting

Cost modelling of proposed schemes – in conjunction with External QS practices and / or self-produced estimates with appropriate Peer reviews.

Ensuring Budget Management Tool (BMT) production on all projects at all stages is in line with Standards and Gating Processes and any variances from expected norms are clearly called out.

Ensure Value management / value review exercises are carried out at appropriate times through the process.

Ensuring construction budget management is fully in line with internal processes. (Including pre- construction and post-construction change control processes and contingency).

Ensuring that all project pre and post construction COR processes are appropriately set up and consistently managed.

Ensure cost requests for sales enquires, or the like, are handled in a timely, effective, and consistent manner.

Provide management oversight and reporting on consultant expenditure (soft costs); ensuring Fee trackers are in place on all projects so that the full extent of ‘Soft costs’ can be summarized at Program level and opportunities for reduction can be identified and implemented. (To be broken down into pre and post construction services).

this role will identify areas of cost saving, value engineering and provide the Development team with possible ways of reducing costs. This exercise will continue through the project and when managing all change control processes.

Provide management oversight and reporting on equipment expenditure (OFCI costs); ensuring direct order cost trackers are in place on all projects so that the full extent of ‘OFCI’ costs can be summarized at Program level and opportunities for reduction can be identified and implemented.

Ensure all commercial risks are reported monthly.

Procurement and Commercial Rigor

Manage supplier T&Cs and re-negotiate where appropriate.

Ensure tender processes are managed in a clear, consistent, and transparent way and ensuring appropriate sign off and formal approval of tender list and tender results.

Ensuring QTS are contracting in appropriate currencies for each legal entity.

In close collaboration with the internal Legal team and external lawyers ensuring all project legal and contractual documentation provides consistent and favorable outcomes across all European regions.

Ensuring all contractual and legal documentation is consistent, clear, concise, and fit for purpose. 

Responsible for supporting supplier engagement and cost negotiations to maintain and reduce vendor price points.

Ensuring final accounts, contractual disputes etc. are tracked and managed to successful conclusion.

Ensuring warranties, bonds, novation agreement, deeds, etc. are tracked managed to successful conclusion.

Commercial Insight, analysis and Competitor Benchmarking

Reliable cost estimation information output metrics benchmarked to market.

Prediction of tender inflation indices in respective EU regions QTS operate and benchmarking costs to competitors.

Understand available contracting and consulting resource in all live and proposed regions. Using BMT (and BICS) cost structures create and maintain generic cost models.

Support the creation fully costed design standards and ongoing management of any emerging changes to standards.

Ensure cost analogues are available for helping decision making and benchmarking.

Financial Administration

Manage a cost and Commercial management manual.

Ensure all internal and external stakeholders are properly briefed and trained on our process expectations.

Ensuring all projects fully comply with QTSs financial controls processes.

Ensure cost and commercial risk information inputs into PAFs, PIDS, DICM papers or the like are done in consistent and transparent way.

Ensure full change control processes are in place to ensure full management control exist to deliver projects within approved or forecasted parameters.

Flag up any risks, potential changes, or actual changes in a timely, transparent, and accurate way.  

Supporting periodic reviews of processes and recommend improvements.

Ensure Development commercial and cost processes pass internal and external audits.

Ensure all cost information is uploaded to the ‘Portal’ in an accurate and timely way.

BASIC QUALIFICATIONS

Bachelor’s degree in construction management, financing, or accounting; or relevant professional experience.

Proficiency in financial software (e.g., Workday, e-Builder).

Eight or more years of experience in construction or project management.

PREFERRED QUALIFICATIONS

Ten or more years of experience in construction or project management preferred.

KNOWLEDGE, SKILLS, AND ABILITIES

An experienced commercial professional with a proven track record of working in contracting, consulting and client-side organisations providing commercial assurance and insight over individual capital projects, pipelines and programmes of work.  Experience in developing strategic oversight with associated process, capacity and supply chain procurement planning and execution to meet the requirements for capital cost reduction and risk prevention.

To work in the Development Team to lead and be accountable for all aspects of cost and commercial management in their respective region(s) from initial feasibility through to project close out.

This role is required to provide commercial and cost control, assurance, and insight and to ensure our goals of delivering projects faster and cheaper projects are on track.

The role is required to deliver accurate and consistent forecasting and internal and external benchmarking metrics to the Development Leadership Team and to the ELT.

The role is required to ensure all projects are aligned to Master planning, Asset underwriting and Investment committee expectations.

The role is required to drive commercial rigour internally and externally and to ensure QTS is leveraging its scale.

The role is required to take a key position on supporting ‘incremental’ or ‘step change’ activity to drive our capital cost down without adversely impacting TCO.

The role is required to have effective and visual tacking tools in place to illustrate how cost reduction plans are delivering reductions per project and per category.

The role is required to maintain relationships with external suppliers/vendors to ensure we understand market dynamics and cost changes in each of the locations we operate.

The role requires working with our Procurement teams to ensure vendors have long lead equipment available at terms commercially advantageous to QTS.

The duties and responsibilities described here are not exhaustive and additional assignments, duties, or responsibilities may be required of this position.  Assignments, duties, and responsibilities may be changed at any time, with or without notice, by QTS in its sole discretion. We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation on TalentAcquisition@QTSDataCenters.com