Cost Manager

CBRE Group, Inc.; Greater London; On-site; GBP 40,000 - 60,000; Full time

Job summary

CBRE Group, Inc. is seeking a talented Cost Manager based in the City of London to support one of their largest global banking clients. In this role, you will deliver critical cost insights and support across dynamic projects, working closely with project managers and leasing teams.

You will produce high-quality cost estimates, ensure accuracy in cost plans, and present clear insights to stakeholders, all while enhancing your skills in a fast-paced, client-focused environment.

Qualifications

• 2–5 years of relevant experience in cost management or a related field.
• Advanced proficiency in Microsoft Office, especially Excel.
• Strong analytical skills with the ability to interpret complex financial and cost data.

Responsibilities

• Produce high-quality cost estimates for feasibility studies.
• Evaluate costs with project managers and leasing teams.
• Review and analyze bid responses and present insights to stakeholders.

Skills

Analytical skills

Interpret complex financial data

Costing principles

Microsoft Office (Excel)

Attention to detail

Presentation skills

Numerical ability

Education

Bachelor’s degree (preferred)

Job description

Dedicated Banking Client | City of London

About the Role

We’re looking for a talented Cost Management to join our team in a unique, high-profile position supporting one of our largest global banking clients, based in the heart of the City of London.

This role offers the opportunity to work as part of a dedicated client account, providing critical cost insight and commercial support across a dynamic portfolio of projects. You’ll be working closely with project managers, leasing teams, and client stakeholders, playing a key role in shaping real estate decisions through data-driven cost management.

As part of CBRE’s Building Consultancy team, you’ll contribute to delivering best-in-class solutions in a fast-paced, client-focused environment where your work will have real visibility and impact.

What You’ll Do

• Produce high-quality cost estimates to support feasibility studies and business cases, using a combination of internal benchmarking and market data
• Partner with project managers and leasing teams to evaluate costs and optimise tenant improvement allowances and landlord contributions
• Review and analyse bid responses, levelling data and presenting clear, concise insights to stakeholders and senior leadership
• Ensure all estimates, cost plans, and change orders are accurate and fully aligned with project requirements
• Monitor and evaluate allowances, contingencies, and reserves, maintaining up-to-date cost plans
• Support the financial close-out process, including release of withholdings and verification of funding approvals
• Capture and maintain project cost data to support benchmarking databases and continuous improvement
• Translate complex cost information into clear insights for both internal teams and client stakeholders

What You’ll Need

• Bachelor’s degree (preferred) with 2–5 years’ relevant experience in cost management or a related field
• Strong analytical skills with the ability to interpret complex financial and cost data
• Good understanding of costing principles, procedures, and industry standards
• Advanced proficiency in Microsoft Office (Excel essential)
• A detail-oriented, inquisitive mindset with strong organisational skills
• Confidence communicating and presenting information to internal teams and client stakeholders
• Strong numerical ability, including working with financial calculations and cost modelling

About You

You’re someone who enjoys working in a client-facing environment, thrives on detail, and wants to be part of a high-performing, high-visibility account. You’re comfortable working with data but equally confident turning that data into clear, actionable insights.

Disclaimer: Please be advised that effective January 1, 2025, CBRE Project Management and Turner & Townsend were consolidated into a single global business entity. As a candidate applying for a position, you should be aware that while your initial employment may be with CBRE GWS, you will subsequently transfer directly to Turner & Townsend at a date to be determined.