Senior Cost Manager - Real Estate

TURNER & TOWNSEND-1; East Midlands; On-site; GBP 50,000 - 70,000; Full time

Job summary

A global professional services company is seeking a Senior Cost Manager in the East Midlands. The role includes responsibility for end-to-end cost management of commissions, ensuring client objectives are met. Candidates should have Chartered Status and the ability to work autonomously while leading a team.

Qualifications

• Ability to take initiative and deliver under tight deadlines.
• Organised with the ability to prioritise workload.
• Capable of coaching junior staff.

Responsibilities

• Perform the role of the Commission Manager.
• Ensure client objectives are met through effective cost management.
• Lead a cost-management team when appropriate.

Skills

Ability to work autonomously

Self-motivated

Confident and professional manner

Highly organised

Ability to collaborate

Ability to work well under pressure

Ability to delegate tasks

Education

Chartered Status

Tools

D365

Cost Control App

Job description

Company 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.

Job Description

Turner & Townsend is a global professional services company with over 10,000 people in 50 countries. Collaborating with our clients across real estate, infrastructure and natural resources sectors, we specialise in major programmes, programme management, cost and commercial management, net zero and digital solutions. We are passionate about making the difference, transforming performance for a green, inclusive and productive world.

Core Values

• We love a challenge
• We are stronger together
• We bring out the best in everyone

Scope

Senior Cost Managers handle commissions of varying sizes, typically ranging from £10m to £50m.

Main Purpose of Role

• To perform the role of the Commission Manager, taking responsibility for end‑to‑end service delivery
• To ensure that client objectives are met through the delivery of an effective cost management service

Key Accountabilities

Commission Management

• Coaching junior staff, including allocating roles and responsibilities to ensure effective cost management on all projects
• Advising clients on feasibility studies and procurement options
• Managing the estimating and cost planning stages, including presenting the final cost plan to the client
• Tendering and procuring, managing the pre‑qualification stage, producing the tender list, preliminary documents, tender analysis, tender report and compiling contractual documents using The Hive, eTender Platform and other cost‑management tools
• Acting as contract administrator, dealing with post‑contract cost variances and change control processes, referring major changes to line manager as needed
• Peer‑reviewing cost allowances and carrying out valuations on larger projects, ensuring timely and accurate cost checking and valuation
• Producing monthly post‑contract cost reports via the Cost Control App and presenting them to the client
• Inputting into value engineering and negotiating final accounts
• Interfacing with the client, Project Manager and other consultants at all project stages
• Working collaboratively with the Turner & Townsend project management team during project delivery
• Leading a cost‑management team where appropriate, ensuring delivery of all accountabilities
• Utilising The Hive suite (Benchmarking App, CostX, Market Rates App, eTender Platform, Cost Control App)
• Implementing the Embodied Carbon Calculator to produce carbon‑footprint reports
• Supporting the execution of NewLeaf strategy
• Managing internal fees, internal job costing and resourcing requirements

Marketing and Business Development

• Identifying opportunities to develop new business with existing clients and reporting such opportunities to the appropriate line manager, effectively using the marketing database
• Developing and maintaining a professional network of peers and potential clients
• Leading bid submissions
• Identifying ways to improve cost‑management procedures, templates and products
• Participating in extracurricular activities, external groups and attending networking and CPD events

Internal Management Accountabilities

• Managing knowledge inputs into the Turner & Townsend internal database
• Improving internal systems and processes, referring ideas to the appropriate line manager
• Leading support, development and mentorship of junior staff
• Managing projects on D365

Reporting

A Senior Cost Manager reports to an Associate Director, Project Director or Director depending on context.

Key Performance Indicators

• Commissions managed to the right quality standards and completed efficiently and on time
• Service delivery on commissions in line with conditions of appointment
• Good relationships with clients and cross‑functional team members
• Effective member of the cost‑management team, including responsibility for Assistant Cost Managers and Cost Managers where appropriate
• Identifying opportunities to develop new business with existing clients
• Margin levels kept track of on all commissions
• Key information and data effectively cascaded and appropriately retained

Qualifications

• Ability to work autonomously
• Self‑motivated, able to take initiative and deliver under tight deadlines
• Have achieved Chartered Status
• Confident and professional manner
• Highly organised with ability to prioritise workload
• Ability to collaborate and build relationships across the business
• Ability to work well under pressure
• Ability to delegate tasks to junior team for technical development

Additional Information

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 and should be adhered to where applicable.

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.

Recruitment and Contact

All unsolicited resumes or 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. To be an authorised Recruitment Agency/Search Firm for Turner & Townsend, a formal written agreement must be in place and the agency must be invited.