ARCO/Murray National Construction
Consulting & Professional ServicesDirect Greenhouse career site

Cost Manager, Mission Critical

Location
Chicago, IL · On-site
Job type
Full-time
Level
Lead / Staff
Education
Bachelor's degree
Listed
31 days ago

Skills & highlights for this role

  • construction budgeting
  • cost forecasting
  • change management
  • subcontractor cost control
  • Procore

Also useful

  • earned value management

About You

  • Are you a passionate problem solver?
  • Do you act with integrity and hold yourself and others to the highest standard?
  • If the answer is, "Yes!" then we have an opportunity that will impress you.
  • Who are we?
  • We are ARCO, a Family of Construction Companies.
  • At ARCO, every associate is empowered to drive their success.

The Cost Manager will oversee project cost management and financial controls for complex construction projects from preconstruction through closeout. This role will partner closely with Project Managers, Superintendents, Preconstruction, Finance, subcontractors, vendors, and clients to establish budgets, monitor performance, forecast final costs, identify risks, and support sound project decisions. The ideal candidate has strong construction cost-control experience and can translate financial information into clear, actionable guidance for project leadership.

A Day in the Life

Cost Management and Forecasting

  • Establish and maintain project budgets, cost codes, work breakdown structures, and cost-control procedures.
  • Track commitments, actual costs, accruals, and projected expenditures.
  • Prepare monthly cost reports, forecasts, cash-flow projections, and estimates at completion.
  • Analyze budget-to-actual performance, cost variances, trends, exposures, and project profitability.
  • Identify cost risks early and recommend corrective actions to project leadership.
  • Support project teams with cost-to-complete analysis and financial decision-making.
  • Review project financial data for accuracy, completeness, and proper period accounting.

Project Controls and Reporting

  • Manage project-control processes for cost, schedule, procurement, and reporting.
  • Coordinate cost information with project schedules and progress measurement.
  • Support earned-value reporting, productivity tracking, and performance analysis where applicable.
  • Prepare dashboards, presentations, and executive-level reports for internal and external stakeholders.
  • Maintain accurate project documentation and reporting records.
  • Provide timely updates on financial performance, risks, opportunities, and required decisions.

Billing and Change Management

  • Review subcontractor payment applications, invoices, commitments, and supporting documentation for accuracy and compliance with contract terms.
  • Coordinate with Project Managers, Superintendents, Finance, and subcontractors to resolve billing discrepancies and maintain timely payment processing.
  • Track potential and approved changes, including scope, pricing, schedule, and risk impacts.
  • Evaluate change-order documentation and confirm approved changes are incorporated into project budgets, forecasts, commitments, and cost reports.
  • Support subcontract buyout, contract administration, claims documentation, and change-order negotiations as needed.
  • Maintain accurate billing and change-management records throughout the project lifecycle.

Necessary Qualifications

  • Bachelor's degree in Construction Management, Engineering, Accounting, Finance, Business, or a related field; equivalent experience may be considered.
  • Five or more years of experience in construction cost control, project controls, project accounting, commercial management, or a related function.
  • Experience with Procore required
  • Experience with general contracting, design-build, EPC, infrastructure, industrial, data center, or other complex construction projects.
  • Strong understanding of construction budgets, forecasting, subcontractor costs, change management, commitments, accruals, and project financial reporting.
  • Ability to interpret construction contracts, drawings, specifications, schedules, and cost information.
  • Advanced Excel skills and experience with construction ERP, project-management, or cost-control systems

What We Can Offer You

We are dedicated to the well-being of our associates and are proud to be consistently recognized as a Best Place to Work. Our compensation and benefits package not only supports our associates and their families but benefits local communities and communities around the world.

  • Industry-leading performance-based bonus program
  • Employee Stock Ownership Plan (ESOP)
  • Traditional and Roth 401k
  • Tuition reimbursement for associates
  • Scholarship for associates' children up to $28,000 per child
  • 1-month paid sabbatical after every five years of employment, plus $5,000 for travel
  • 1-week paid volunteer leave each year
  • 100% charitable match
  • Medical, dental, and vision insurance coverage
  • Paid parental leave
  • Typical base compensation for the Cost Manager role is between $150,000.00 and $200,000.00. Candidates with extensive experience may exceed this range. In addition to base salary, the role is eligible to receive discretionary bonus compensation based on individual and company performance.

Additional information

At ARCO, our first core value is to treat people fairly and do the right thing. We are committed to building and sustaining a culture that supports diversity and inclusion. From recruiting, training, and hiring practices to selecting our subcontractors, we understand that diversity of all those involved in the construction process enhances our ability to deliver the best solutions to our customers. We hire the best and the brightest from across the country - constructing a team of experts in architecture, design, engineering, project management, and business services.

Pay and benefits

This represents typical base compensation for the role. Candidates with extensive experience may exceed this range. In addition to base salary, the role is eligible to receive discretionary bonus compensation based on individual and company performance.

Pay Range $150,000—$200,000 USD

Make Your Move

We are proud to be one of the fastest-growing, privately-owned companies in America, celebrating over 30 years of experience as design-build experts. We have completed over 7,500 design-build projects nationwide. We ranked #9 on ENR's Design-Build Firms list and #34 on ENR's Top 400 Contractors list of 2026. Most importantly, our clients like us, trust us, and want to do business with us.

We are looking for people with the same enthusiasm, passion, and respect for the hard work that brought us to where we are today. Are you a person who can make a difference at ARCO? If the answer is "Yes!" we look forward to meeting you.

ARCO does not accept unsolicited resumes from individual recruiters or third-party recruiting agencies without pre-approval from ARCO's Human Resources team. Pre-approval is required before any external candidate can be submitted. ARCO will not be responsible for fees related to unsolicited resumes and for candidates who are sent directly to our hiring managers. Agencies must have a fully executed vendor agreement in place as well as written approval to submit candidates from an ARCO TA Manager for a specific position before submitting candidates.

Read the original posting

From ARCO/Murray National Construction's careers page, first listed on Rolev.ai on October 10, 2026. Rolev.ai is not the employer.

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Common questions

Where is the Cost Manager, Mission Critical job at ARCO/Murray National Construction located?

This Cost Manager, Mission Critical position at ARCO/Murray National Construction is located in Chicago, IL (On-site). Always check ARCO/Murray National Construction's application page for specific state eligibility or relocation policies.

What qualifications are required for Cost Manager, Mission Critical at ARCO/Murray National Construction?

For the Cost Manager, Mission Critical role, ARCO/Murray National Construction highlights a bachelor's degree; experience with construction budgeting, cost forecasting, change management, subcontractor cost control, Procore. Rolev.ai can score your existing resume against these requirements and show any skill gaps before you apply.

How do I apply for the Cost Manager, Mission Critical position at ARCO/Murray National Construction?

This listing links directly to ARCO/Murray National Construction's Greenhouse application page. You can apply directly on ARCO/Murray National Construction's site, or use Rolev.ai to check your resume fit, generate a zero-hallucination tailored resume and cover letter for this posting, and autofill the Greenhouse application form in 1 click with the Rolev.ai Chrome extension. You always review the form and press Submit yourself.