Cost Manager / Senior Cost Manager - Commercial Developer

Turner & Townsend; London; On-site; GBP 45,000 - 75,000; Full time

Job summary

An established industry player seeks a skilled Cost Manager to join their dynamic team in London. In this pivotal role, you will leverage your expertise in Quantity Surveying and Cost Management to oversee diverse projects, from feasibility studies to final account negotiations. This forward-thinking consultancy is dedicated to transforming the real estate sector through a data-led approach and offers a vibrant work environment where your contributions will significantly impact project success. Join a team that values innovation, collaboration, and professional growth, and take your career to the next level in a supportive and inclusive atmosphere.

Benefits

Flexible working environment

Learning and development programs

Diversity and inclusion initiatives

Career progression opportunities

Qualifications

• Degree qualified in Quantity Surveying with MRICS qualification.
• Experience in UK Cost Management within Real Estate sector.

Responsibilities

• Manage feasibility studies, cost planning, and tendering processes.
• Produce monthly cost reports and lead cost management teams.

Skills

Quantity Surveying

Cost Management

Communication Skills

Client Management

Project Management

Education

Degree in Quantity Surveying

MRICS Qualification

Tools

FMS (Financial Management System)

Job description

Company Description

Our ambition, as Turner & Turner alinea, is to become the undisputed number one Cost Consultant in London. A data-led digital cost consultancy and an authority on the economics of sustainability, combining alinea’s distinctive approach, Turner & Townsend’s leading digital platform and our combined talent.

Supported by our clear vision to disrupt the market by transforming service quality through a strong focus on cost advice, a platform of specialists and a personable approach. This unique environment provides an opportunity for our people to develop their skills as well as their careers, supported by access to a learning and development programme that is second to none.

• A unique joint force that will disrupt real estate cost management in London
• A data and digital led business, with an authority on the economics of sustainability, that will take our service to the next level
• A wide, diverse and exciting portfolio of sectors and clients, which means we will be stronger together
• Market leading practice that is focused on transforming performance and creating great results for our Clients and People, in a fun and exciting environment where people are proud to work
• A strong strategic and cultural fit with an ingrained entrepreneurial spirit
• You can realise your career ambitions faster with London’s cost consultancy of choice

Job Description

Turner & Townsend is one of the leading management consultancy providers to the Commercial Developer sector.

Using our skills, processes and knowledge, we provide industry leading services to our clients. Our extensive experience and databank of information enables us to provide a proactive, value added service to all facets of the Commercial Developer sector. This includes projects encompassing Hotels, Residential schemes and Commercial Offices. Projects range from multiple complex small projects, through to large, new build projects; each commission has its own unique challenges and requires sector expertise, thus providing individuals with the opportunity of developing their knowledge, experience and skills.

Commission Management, To Include

• Assisting on feasibility studies and writing procurement reports
• Estimating and cost planning to include producing and presenting the final cost plan
• Tendering and procuring, including managing the pre-qualification stage, producing the tender list, putting the preliminaries together, tender analysis, producing the tender report and compiling the contractual documents
• Dealing effectively with post contract cost variances and the change control processes, where applicable referring major changes to line manager
• Taking personal responsibility for making cost checks and carrying out valuations on larger projects and in all cases ensuring that timely and accurate cost checking and valuation takes place
• 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 and other consultants, at all project stages
• Where appropriate, leading a cost management team, ensuring that they deliver on all of the above accountabilities

Marketing And Business Development, To Include

• Identifying opportunities to develop new business with existing clients and reporting such opportunities to the appropriate line manager and by making effective use of the marketing database
• Assisting in the production of bid documentation
• Identifying ways in which cost management procedures, templates and products can be improved and referring ideas to the appropriate line manager

Internal Management Accountabilities, To Include

• Knowledge management – Ensuring that key information and learning generated from each commission is input into the Turner & Townsend internal database
• Financial management – Utilising FMS in order to keep track of the ongoing margin levels
• Process improvement – Identifying ways in which internal systems and processes can be improved and referring ideas to the appropriate line manager

REPORTING

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

KEY PERFORMANCE INDICATORS

• A Cost Manager will in part be assessed by the extent to which:
• Commissions are managed to the right quality standards and are completed efficiently and on time
• Service delivery on commissions is in line with the condition

Qualifications

• Degree qualified in Quantity Surveying
• MRICS qualified
• UK Cost Management experience within the Real Estate/Property sector
• Experience working on larger projects of £10m value or over (or equivalent)
• 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.

SOX control responsibilities may be part of this role, which are to be adhered to where applicable.

Join our social media conversations for more information about Turner & Townsend and our exciting future projects.

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