Cost Manager / Senior Cost Manager (MEP) - Real Estate

Turner & Townsend; Greater London; On-site; GBP 65,000 - 110,000; Full time

Job summary

Turner & Townsend is recruiting an Intermediate MEP Cost Manager in London to support a major real estate account. You will lead MEP cost management across project lifecycles, establish early budgets, and drive cost plans while mentoring junior staff and coordinating with contractors.

Join a global team that delivers high-profile projects, develops digital tools for MEP cost control, and maintains strong client relationships across a large national estate.

Qualifications

• Proven track record delivering high quality cost management services across full lifecycle.
• Professionally qualified (RICS or similar) or working towards.
• Degree or HNC level qualification.
• Ability to level and negotiate initial tender returns and issue recommendations.
• Experience running change control processes, including cost negotiations.
• Reviewing payment applications and preparing recommendations.
• Managing final account reconciliations.
• Reviewing and validating cost build-ups and rate analysis.
• Capabilitiy to undertake basic counts using CostX.
• Proactive in engaging with contractors and clients when required.
• Benchmarking using available data.
• Updating and tracking the Client Workbook with change orders.
• Willingness to take on detailed, process-driven tasks to support client objectives.

Responsibilities

• Lead on MEP deliverables within larger projects or manage direct MEP commissions.
• Establish early budgets and develop cost plans.
• Manage design teams to budget and oversee tendering and procurement.
• Mentor Assistant Cost Managers and Cost Managers within the MEP team.
• Collaborate with contractors and MEP supply chains.
• Develop MEP digital systems and promote best practices.

Skills

Cost management

Tendering

Change control

Payment analysis

Final accounts

Benchmarking

Client engagement

Cost planning

Mentoring

Negotiation

Education

RICS qualification

Degree or HNC

Tools

CostX

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

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

Overview

An exciting opportunity has arisen for an Intermediate MEP Cost Manager to join our busy Real Estate team in London. You will play a key role in supporting a longstanding, high-profile account with a household technology and telecommunications organisation that operates a large national estate.

What You’ll Do

• Lead on Mechanical, Electrical, and Plumbing (MEP) deliverables within larger projects or manage direct MEP commissions, such as asset upgrade works.
• Establish early budgets, provide early estimating, and develop cost plans.
• Manage design teams to budget, oversee tendering and procurement (single and two-stage), and deliver post-contract reporting.
• Mentor Assistant Cost Managers and Cost Managers within the MEP team.
• Collaborate with contractors and MEP supply chains, ensuring robust and effective relationships.
• Support the development of MEP digital systems and tools, and promote best practices within the business and wider MEP community.

Qualifications

• A proven track record of delivering high quality cost management/quantity surveying services across the full project lifecycle
• Professionally qualified (RICS or similar) or working towards
• Degree or HNC level qualification
• Ability to level and negotiate initial tender returns and issue recommendations
• Experience running change control processes, including cost negotiations
• Reviewing payment applications and preparing recommendations
• Managing final account reconciliations
• Reviewing and validating cost build-ups and rate analysis
• Capability to undertake basic counts using Cost X
• Proactive in engaging with contractors and clients when required
• Ability to perform benchmarking using available data
• Updating and tracking the Client Workbook, which records all submitted change orders
• Willingness to take on detailed, process-driven tasks to support the client’s objectives when required

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/

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

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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 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.