Cost Manager - Real Estate

Turner & Townsend; Greater London; On-site; GBP 65,000 - 90,000; Full time

Job summary

Turner & Townsend is a leading management consultancy delivering cost and project management expertise across real estate, infrastructure and data centre sectors. The role focuses on feasibility studies, cost planning, tender management and post-contract cost reporting to support complex projects for diverse clients.

The successful candidate will lead cost management activities, maintain strong client relationships, and contribute to business development with existing accounts.

Qualifications

• Degree-qualified in Quantity Surveying.
• MRICS designation or working towards it.
• UK Cost Management experience in Real Estate/Property.
• Experience on large-scale projects.
• Experience on new builds and fit-out projects.
• Excellent communication skills and client facing.

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.
• 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.
• Identify and refer ideas for process improvement.
• Assess commission management quality and efficiency.

Skills

Communication skills

Client facing

Education

Degree in Quantity Surveying

MRICS qualified or working towards

Job description

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, Health, and Data Centre sectors. 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
• 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
• 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.

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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 ofTurner & Townsend and arenot 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.

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