Senior Cost Manager - Real Estate

Turner & Townsend Group; Nottingham; On-site; GBP 50,000 - 80,000; Full time

Job summary

An established industry player is seeking a Senior Cost Manager to lead and deliver cost management services for major projects. This role involves coaching junior staff, managing project costs, and advising clients on procurement options. You will be responsible for ensuring client objectives are met through effective service delivery while collaborating with a talented team. This position offers a chance to make a significant impact in a dynamic environment focused on sustainable and efficient project execution. If you are a self-motivated individual with a passion for cost management and project delivery, this opportunity is perfect for you.

Qualifications

• Chartered Status required with strong cost management skills.
• Experience in project management and team leadership is essential.

Responsibilities

• Manage end-to-end service delivery for cost management.
• Coach junior staff and oversee project cost planning and reporting.

Skills

Cost Management

Project Management

Negotiation

Communication

Leadership

Analytical Skills

Digital Tools Utilization

Time Management

Education

Chartered Status

Degree in relevant field

Tools

D365

Carbon Accounting Tools

Cost Management Software

Job description

At Turner & Townsend we’re passionate about making the difference. That means delivering better outcomes for our clients, helping our people to realize their potential, and doing our part to create a prosperous society.

Every day we help our major global clients deliver ambitious and highly technical projects, in over 110 offices worldwide.

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.

As well as helping organisations deliver and integrate new assets as quickly and efficiently as possible, we help set the asset strategies that support their corporate objectives. We also work with our clients to create safe and comfortable environments which are inexpensive to maintain, sustainable and practical to conduct business from.

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

SCOPE

Senior Cost Managers handle commissions of varying sizes, depending upon the complexity of the project. Typically, projects fall within the £10m to £50m range.

KEY ACCOUNTABILITIES

Commission Management, to include:

• Coaching junior staff, including allocating roles and responsibilities to ensure effective cost management on all projects
• Advising clients on feasibility studies
• Advising clients on their procurement options
• Managing the estimating and cost planning stages, including presenting the final cost plan to the client
• Tendering and procuring, including managing the pre-qualification stage, producing the tender list, producing the preliminaries, tender analysis, producing the tender report and compiling the contractual documents, utilising the relevant cost management tools and services
• Conducting the role of contract administrator, including dealing effectively with post contract cost variances and the change control processes
• Taking personal responsibility for peer reviewing cost allowances and carrying out valuations on larger projects
• Producing monthly post contract cost reports and presenting them to the client
• Negotiating and agreeing final accounts
• Interfacing with the client, Project Manager, and other consultants, at all project stages
• Work collaboratively with Turner and Townsend’s project management team during project delivery
• Where appropriate, leading a cost management team, ensuring that they deliver on all of the above accountabilities
• Utilising our full suite of bespoke digital cost management tools and services
• Implementing our Embodied Carbon Calculator, a bespoke carbon accounting tool, to produce carbon footprint reports
• Supporting the execution of our NewLeaf strategy
• Management of internal fees, internal job costing and resourcing requirements

Marketing and business development, to include:

• Identifying opportunities to develop new business with existing clients and reporting such opportunities to the appropriate line manager
• Developing and maintaining a professional network of peers and potential clients
• Leading bid submissions
• Identifying ways in which cost management procedures, templates and products can be improved
• Being involved in extracurricular activities including external groups, attending networking and CPD events

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
• Process improvement – Identifying ways in which internal systems and processes can be improved
• Lead in the support, development, and mentorship of junior staff members
• Management of projects on D365

REPORTING

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

KEY PERFORMANCE INDICATORS

A Senior 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 conditions of appointment
• Good relationships are developed with clients and members of the cross-functional team
• They work as an effective member of the cost management team
• Opportunities are identified to develop new business with existing clients
• Margin levels are kept track of on all commissions
• Key information and data is effectively cascaded and appropriately retained

Qualifications

We would expect candidates to demonstrate the following:

• Ability to work with autonomy
• A self-motivated individual who is able to take initiative and deliver to tight deadlines
• Have achieved Chartered Status
• Have a confident and professional manner
• Highly organised and ability to prioritise own workload
• Ability to collaborate and build relationships across the business
• Ability to work well under pressure
• Ability to delegate tasks to junior team to assist in their technical development