Cost Management and Estimation Specialist

2 Months ago • 7 Years +

Job Summary

Job Description

The Cost Management and Estimating Specialist will develop estimates, review, and track costs for interior construction projects. This includes collaborating with internal teams and external firms, supporting budget development, reviewing budgets, managing financial reporting, developing estimates, reviewing change orders, and overseeing bid documents. The ideal candidate should be able to handle responsibilities and coordinate with other teams. In this role, the specialist will be responsible for managing costs, ensuring accuracy in bidding, and supporting the internal approval process for trade buyouts.
Must have:
  • Bachelor’s degree in related field or equivalent experience
  • 7+ years of professional experience
  • Ability to review architectural and MEP drawings
  • Experience with takeoff software like On-Screen, Bluebeam
  • Ability to explain technical problems clearly
  • Organized, able to multitask and manage priorities
  • Strong Excel skills
Good to have:
  • Quantity-based surveying experience

Job Details

About the Position

We are looking for a Cost Management and Estimating Specialist to develop estimates and review and track costs related to all phases of our interior construction projects. To do this right, you will need to collaborate closely with our in-house Cost, Engineering, Procurement, and Design teams, along with our external construction management firms and consultants.

This role is based in New York, but your work will support interior fit-out construction projects in our offices worldwide. The right person will enjoy working in a fast-paced environment where changes frequently occur. Additional responsibilities of this role will include:

  • Supporting the development of construction budgets, incorporating hard and soft costs, FF&E, permitting costs, etc.
  • Reviewing our external cost consultant and construction manager budgets for scope accuracy, making sure that bid leveling has been completed, and tracking scope and cost revisions from schematic design through construction document issuance
  • Managing recurring reporting that summarizes the financial picture of our projects, breaking out costs by project, commitments vs. forecast, change orders, and cash flow
  • Developing estimates for various interior projects, leveraging cost data and takeoff measurements, and iterating as needed throughout the design process
  • Reviewing change orders alongside our project managers, Engineering team, and external cost consultant; participating in and leading negotiations as needed
  • Reviewing construction manager bid documents and line-item leveling trade costs throughout the bidding process for cost competitiveness and accuracy; supporting the internal approval process for all trade buyouts 

About You

  • Bachelor’s degree in construction management, engineering, quantity surveying, or a related field of study, or in-depth professional experience
  • 7+ years of related professional experience
  • Can review architectural and mechanical/electrical (MEPs) drawings
  • Experienced with takeoff software (i.e., On-Screen, Bluebeam)
  • Able to explain complex technical problems with brevity and accuracy
  • Organized and can multitask and handle competing priorities
  • Team player who can increase responsibilities over time
  • Self-starter who takes initiative and operates with a sense of urgency
  • Strong with Excel
  • Quantity-based surveying experience is highly preferred

If you're a recruiting agency and want to partner with us, please reach out to agency-partnerships@janestreet.com. 

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About The Company

Jane Street is a quantitative trading firm with offices in New York, London, Hong Kong, Singapore, and Amsterdam. We are always recruiting top candidates and we invest heavily in teaching and training. The environment at Jane Street is open, informal, intellectual, and fun. People grow into long careers here because there are always new and interesting problems to solve, systems to build, and theories to test.



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