Junior to Mid Project Controls / Cost Manager - job 2 of 2

As a Junior to Mid Project Controls / Cost Manager at MGAC, you will be responsible for overseeing project cost management in vertical construction. This includes preparing and managing critical reporting on project performance, cash flow, accruals, and other key metrics. You'll play a significant role in project closeout processes, invoice reviews, and performance metrics analysis. Your input will be vital in determining corrective actions based on the data, making your role crucial for client satisfaction.

To qualify for the Junior to Mid Project Controls / Cost Manager position at MGAC, you should have a minimum of 3 years of project controls management experience, particularly in cost management within the construction industry. A bachelor's degree or equivalent experience in a construction-related discipline is required. Strong analytical skills and advanced proficiency in MS Office are also essential for success in this role.

MGAC is dedicated to employee development, providing numerous opportunities for growth within the role of Junior to Mid Project Controls / Cost Manager. You'll receive support through mentorship from experienced colleagues, engage in ongoing training, and have the chance to participate in new initiatives that allow you to contribute fresh ideas. The collaborative environment fosters a space for personal and professional growth, ensuring that your voice and contributions are recognized.

The work culture at MGAC is centered around collaboration, support, and having fun while delivering outstanding results. As a Junior to Mid Project Controls / Cost Manager, you'll find a welcoming environment that encourages strong communication and teamwork. The flat hierarchy means that leadership is approachable, and your ideas will always be valued. MGAC also actively promotes a healthy work-life balance and offers generous benefits.

The compensation package for a Junior to Mid Project Controls / Cost Manager at MGAC ranges from $100,000 to $140,000 per year, depending on experience and expertise. Beyond the salary, MGAC offers an attractive benefits package that includes bonuses, 401k matching, and extensive PTO among other perks, ensuring that you are rewarded not just for your work, but for your contributions to the company as a whole.

When responding to this question, highlight specific projects where you managed costs effectively. Detail the techniques you used to monitor budgets, the tools you leveraged for reporting, and how you communicated with stakeholders to ensure they were aligned with the project’s financial status.

Discuss your approach to identifying potential risks early in the project, including how you implement cost-saving strategies and communicate with the project team about budget issues. Providing a concrete example where you successfully navigated an unexpected cost will enhance your answer.

Mention specific software that you are familiar with, especially those relevant to project controls and cost management. Explain how you use these tools to capture data, analyze performance, and produce meaningful reports that inform decision-making.

Emphasize the organizational skills you've developed, perhaps mentioning specific tools or methods for time management. Discuss how you assess project requirements and deadlines, and your strategy for ensuring commitments are met without compromising quality.

Share a specific instance where your contributions had a direct impact on the project's success. Focus on your role in supporting collaboration among team members, addressing challenges, or implementing innovative solutions that drove results.

Talk about the thorough processes you employ for data verification and validation. Mention how you double-check figures, peer-review reports, and use automated systems to minimize errors. Providing a specific example of a time when your attention to detail made a difference could strengthen your response.

Detail the risk management strategies you apply, such as conducting regular risk assessments and developing mitigation plans. Discuss how you engage with your team to identify potential issues and your proactive measures to address them.

Discuss the importance of open communication and trust-building. Give examples of how you've effectively nurtured relationships through transparency, active listening, and follow-up to ensure alignment and collaboration.

Reflect on your passion for project management and delivering excellent client service. Share examples of what drives you, such as overcoming challenges, achieving project goals, or the satisfaction of seeing your team's hard work pay off.

Express your enthusiasm for MGAC’s entrepreneurial spirit and collaborative culture. Highlight specific aspects of the company's values, projects, or benefits that resonate with you and how you see yourself contributing to their mission and growth.