Senior Cost Manager - Real Estate

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Senior Cost Manager - Real Estate

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Turner and Townsend

Company Description: Turner and Townsend is a global professional services company with over 22,000 people in more than 60 countries. Working with our clients across real estate, infrastructure, energy and natural resources, we transform together delivering outcomes that improve people’s lives. Our capabilities include programme, project, cost, asset and commercial management, controls and performance, procurement and supply chain, net zero and digital solutions. We are majority-owned by CBRE Group, Inc., the world’s largest commercial real estate services and investment firm, with our partners holding a significant minority interest. Turner and Townsend and CBRE work together to provide clients with the premier programme, project and cost management offering in markets around the world. Please visit our website: www.turnerandtownsend.com

Job OverviewMain purpose of role

To perform the role of the Commission Manager, taking responsibility for end-to-end service delivery

To ensure that client objectives are met through the delivery of an effective cost management service

ScopeSenior Cost Managers handle commissions of varying sizes, depending upon the complexity of the project. Typically, projects fall within the £10m to £50m range.

Key Accountabilities

Commission Management, including:

Coaching junior staff, allocating roles and responsibilities to ensure effective cost management on all projects

Advising clients on feasibility studies and procurement options

Managing estimating and cost planning stages, including presenting the final cost plan to the client

Tendering and procuring, including managing the pre-qualification stage, producing the tender list, preliminaries, tender analysis, tender report and contractual documents using relevant cost management tools and services (The Hive; eTender Platform)

Acting as contract administrator, handling post-contract cost variances and change control processes, escalating major changes as needed

Peer reviewing cost allowances and carrying out valuations on larger projects to ensure timely and accurate cost checking

Producing monthly post-contract cost reports and presenting them to the client

Inputting into value engineering; negotiating and agreeing final accounts

Interfacing with the client, Project Manager and other consultants at all project stages

Collaborating with Turner and Townsend’s project management team during project delivery

Leading a cost management team where appropriate and ensuring delivery of all accountabilities

Utilising the full suite of digital cost management tools and services (The Hive: Benchmarking App, CostX, Market Rates App, eTender Platform, Cost Control App)

Implementing the Embodied Carbon Calculator to produce carbon footprint reports

Supporting the execution of the NewLeaf strategy

Managing internal fees, internal job costing and resourcing requirements

Marketing and Business Development:

Identifying opportunities to develop new business with existing clients and reporting such opportunities to the appropriate line manager

Developing and maintaining a professional network of peers and potential clients

Leading bid submissions

Identifying ways in which cost management procedures, templates and products can be improved

Participation in extracurricular activities including external groups and networking/CPD events

Internal Management Accountabilities:

Knowledge management – input key information and learning from each commission into the internal database

Process improvement – identify ways internal systems and processes can be improved and refer ideas to the line manager

Lead in support, development, and mentorship of junior staff

Management of projects on D365

Reporting

Depending upon context, a Senior Cost Manager is likely to report to an Associate Director, Project Director or Director.

Key Performance Indicators

Commissions are managed to the right quality standards and completed efficiently and on time

Service delivery on commissions aligns with the conditions of appointment

Good relationships with clients and cross-functional team members

Work as an effective member of the cost management team, mentoring junior staff where appropriate

Identify opportunities to develop new business with existing clients

Monitor margin levels on all commissions

Key information is effectively cascaded and retained

Qualifications

Ability to work autonomously and take initiative to meet tight deadlines

Chartered status

Confident and professional manner

Highly organised with strong workload prioritisation

Ability to collaborate across the business and build relationships

Ability to work well under pressure and delegate tasks to juniors for their development

Additional InformationTurner and Townsend is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees and actively encourage applications from all sectors of the community.

Please visit www.turnerandtownsend.com for more information.

SOX control responsibilities may be part of this role, where applicable.

Join our social media conversations for more information about Turner and Townsend and our exciting future projects: Twitter, Instagram, LinkedIn.

It is strictly against Turner and Townsend policy for candidates to pay any fee in relation to our recruitment process. No recruitment agency will ask candidates to pay a fee. Unsolicited resumes/CVs submitted through our website or to Turner and Townsend personal email accounts are considered property of Turner and Townsend and are not subject to agency fees.

Other

Seniority level: Mid-Senior level

Employment type: Full-time

Job function: Project Management, Consulting, and Engineering

Industries: Construction, Civil Engineering, and Business Consulting and Services

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