Cost Manager - Commercial Developer

Turner & Townsend alinea; Greater London; On-site; GBP 70,000 - 100,000; Full time

Job summary

Turner & Townsend is seeking a cost management professional in the UK real estate sector to lead cost planning and procurement activities on large projects. You will oversee tendering, valuations, and post-contract cost reporting while collaborating with clients and consultants across stages of development.

MRICS or progressing is preferred, with strong communication skills. The role focuses on cost control, value engineering, and ensuring delivery excellence on complex hotels, residential, and

Qualifications

• Degree in Quantity Surveying is required or equivalent.
• MRICS membership or in progress is preferred.
• UK cost management experience within Real Estate/Property essential.
• Experience on large projects is required.
• Experience on new builds and fit-out projects is desirable.
• Excellent communication and client-facing abilities must be demonstrated.

Responsibilities

• Support feasibility studies and procurement reporting.
• Estimate, plan, and present cost plans.
• Manage tendering, pre-qualification, tender lists, preliminaries, analyses and reports.
• Handle post-contract cost variances and change control.
• Perform cost checks and valuations; ensure accuracy.
• Produce monthly post-contract cost reports.
• Contribute to value engineering and bid documentation.
• Negotiate final accounts and liaise with clients and consultants.
• Lead the cost management team and drive accountability.
• Identify new business opportunities with existing clients.
• Improve cost management templates and processes.

Skills

Cost management

Client facing

Team leadership

Value engineering

Negotiation

Education

Degree in Quantity Surveying

MRICS (or working towards)

Tools

FMS

Job description

Company Description

Turner & Townsend is a global professional services company with over 22,000 people in more than 60 countries.

Turner & 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. Working in partnership makes it possible to deliver the world’s most impactful projects and programmes as we turn challenge into opportunity and complexity into success.

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 & 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 Description

Turner & Townsend is a leading management consultancy provider in the Commercial Developer sector. Leveraging our skills, processes, and knowledge, we offer industry‑leading services to our clients. Our extensive experience and databank enable us to deliver proactive, value‑added solutions across all facets of the sector, including projects involving hotels, residential schemes, and commercial offices.

Our projects range from complex small‑scale initiatives to large new builds, each presenting unique challenges and requiring sector expertise. This diversity provides individuals with opportunities to develop their knowledge, experience, and skills.

Role Responsibilities

• Assist with feasibility studies and procurement reports
• Estimate and plan costs, present the final cost plan
• Manage tendering, pre‑qualification, tender list, preliminaries, analysis, and reports
• Handle post‑contract cost variances and change control
• Conduct cost checks and valuations, ensuring accuracy
• Produce and present monthly post‑contract cost reports
• Input into value engineering
• Negotiate and agree on final accounts
• Interface with clients and consultants at all project stages
• Lead cost management team, ensuring accountability
• Identify new business opportunities with existing clients
• Assist in producing bid documentation
• Improve cost management procedures, templates, and products
• Ensure key information and learnings are input into the internal database
• Track financial management using FMS
• Identify and refer ideas for process improvement
• Assess commission management quality and efficiency

Qualifications

• Degree qualified in Quantity Surveying
• MRICS qualified or working towards
• UK Cost Management experience within the Real Estate/Property sector
• Experience working on larger projects
• Experience working on new build and fit‑out projects
• Excellent communication skills and client facing.

Additional Information

Our inspired people share our vision and mission. We provide a great place to work, where each person has the opportunity and voice to affect change.

We want our people to succeed both in work and life. To support this we promote a healthy, productive and flexible working environment that respects work‑life balance.

Turner & 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 find out more about us at www.turnerandtownsend.com/

Social Media

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Recruitment Policy

It is strictly against Turner & Townsend policy for candidates to pay any fee in relation to our recruitment process. No recruitment agency working with Turner & Townsend will ask candidates to pay a fee at any time.

Any unsolicited resumes/CVs submitted through our website or to Turner & Townsend personal e‑mail accounts, are considered property of Turner & Townsend and are not subject to payment of agency fees. In order to be an authorised Recruitment Agency/Search Firm for Turner & Townsend, there must be a formal written agreement in place and the agency must be invited, by the Recruitment Team, to submit candidates for review.