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About the Role

The Associate Cost Manager will own budget implementation across Museum-wide capital projects, ensuring consistency in cost tracking, forecasting, and reconciliation. This role is responsible for updating leadership on budget status, cost risks, and forecast variances, and serves as the primary point of accountability for the change order process.

Responsibilities

• Develop and maintain project budgets, ensuring consistency across the portfolio and reorganizing budgets resulting from scope changes.
• Own end-to-end change order management, including review, cost/schedule impact analysis, negotiation support, and tracking to closeout.
• Lead AIA G702/G703 pay application review and prepare release recommendations.
• Negotiate scope changes led by vendors and conduct benchmark analysis to validate pricing.
• Conduct budget vs. actual analysis, reconciling Workday actuals against contract fee schedules.
• Lead cost analyses and financial modeling to inform strategic decisions on project headcount, staffing, and compensation.
• Maintain comprehensive documentation control including contract amendments, approvals, and financial reports.
• Help shape and foster transparency in the sourcing process, including policies and procedures.
• Process requisitions, purchase orders, and invoice reconciliation for timely payments.
• Maintain close working relationships with vendors, contractors, and procurement.

Requirements

• Bachelor's degree in Finance, Accounting, Business Administration, Construction Management, Engineering, or a related field.
• 5+ years of cost consulting experience on institutional or heavy construction projects.
• Strong knowledge of AIA billing procedures (G702/G703), contract language, and change order provisions.
• Thorough working knowledge of construction finance, fund accounting, and financial reporting analysis.
• Excellent analytical, organizational, and written/verbal communication skills.
• Expertise in Microsoft Office Suite and the Workday suite.
• Employees are expected to be located within commuting distance of the Museum (New York, New Jersey, Connecticut, or Pennsylvania).

Skills

• Cost consulting
• Budget implementation
• Cost tracking
• Forecasting methodology
• Reconciliation standards
• Change order management
• Cost engineering
• Contract administration
• AIA billing review
• Financial modeling
• Documentation control
• Sourcing process
• Microsoft Office Suite
• Workday suite

Location

• New York
• New Jersey
• Connecticut
• Pennsylvania

Work Type

• Onsite

Experience Level

• 5+ years

Education Level

• Bachelor's degree

Salary/Compensations

• $105,000 - $115,000

Benefits

• Medical, dental, vision and life insurance
• 403(b) basic retirement plan and optional matching retirement plan
• Considerable paid time off, including annual leave, sick leave, and 13 Museum holidays
• Long-term disability coverage
• Flexible Spending Accounts & Health Savings Account
• Commuter benefits
• Free financial-planning services
• Financial assistance for relevant coursework, seminars, and training programs
• 25% discount for staff in Museum shops
• A subsidized staff cafeteria
• Access to the Museums Council pass

About the Company

• The Met presents over 5,000 years of art from around the world for everyone to experience and enjoy.
• The Museum lives in two iconic sites in New York City—The Met Fifth Avenue and The Met Cloisters.
• Millions of people also take part in The Met experience online.
• The Met is committed to fostering a collaborative and respectful work environment with a staff as diverse as the audiences we engage.
• Staff members are art lovers who are passionate about working toward a common goal: creating the most dynamic and inspiring art museum in the world.
• Core values include respect, inclusivity, collaboration, excellence, and integrity.

Equal Opportunity

• The Met is committed to the full inclusion of all qualified individuals.
• The Met will ensure that persons with disabilities are provided reasonable accommodations.
• The Metropolitan Museum of Art provides equal opportunity to all employees and applicants for employment without regard to race, color, religion, creed, sex, sexual orientation, national origin, ancestry, age, mental or physical disability, pregnancy, alienage or citizenship status, marital status or domestic partner status, genetic information, genetic predisposition or carrier status, gender identity, HIV status, military status and any other category protected by law in all employment decisions, including but not limited to recruitment, hiring, compensation, training and apprenticeship, promotion, upgrading, demotion, downgrading, transfer, lay-off and termination, and all other terms and conditions of employment.