Senior Cost Manager - Real Estate

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. 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. Turner & Townsend and CBRE collaborate to provide clients with premier programme, project, and cost management services worldwide.

Please visit our website: www.turnerandtownsend.com

Job Description

Turner & Townsend is a global professional services company with over 10,000 people in 50 countries. We collaborate with clients across real estate, infrastructure, and natural resources sectors, specializing in major programmes, programme management, cost, and commercial management, as well as net zero and digital solutions.

We are passionate about making a difference, transforming performance for a sustainable and inclusive world.

Our work includes helping organizations deliver and integrate new assets efficiently, setting asset strategies aligned with corporate objectives, and creating safe, sustainable, and cost-effective environments for business.

OUR CORE VALUES

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

To support these values, we:

• Developed a market-leading suite of bespoke digital tools for cost management, including The Hive
• Champion diversity and inclusion
• Offer role development and advancement opportunities
• Implement our NewLeaf strategy, focusing on social value and environmental issues
• Provide professional development opportunities, including industry-leading professionals, RICS Chartership support, and NEC accreditation
• Encourage multidisciplinary collaboration and independence where appropriate

We aim for our people to succeed both professionally and personally by promoting a healthy, flexible, and balanced work environment, supporting passions, sports, social networks, and new interests.

MAIN PURPOSE OF ROLE

• Perform the role of the Commission Manager, overseeing end-to-end service delivery
• Ensure client objectives are met through effective cost management services

SCOPE

Senior Cost Managers typically handle commissions ranging from £10m to £50m, depending on project complexity.

KEY ACCOUNTABILITIES

Commission Management:

• Coach junior staff, assign roles, and ensure effective cost management
• Advise clients on feasibility studies and procurement options
• Manage estimating, cost planning, tendering, and procurement processes, utilizing tools like The Hive and eTender Platform
• Act as contract administrator, handle cost variances, change control, valuations, and final accounts
• Produce and present monthly cost reports, contribute to value engineering, and interface with clients and project teams
• Lead a cost management team when appropriate, ensuring delivery of all responsibilities
• Utilize digital tools for cost management, including The Hive suite and Embodied Carbon Calculator
• Support the execution of the NewLeaf strategy and manage internal fees and resourcing

Marketing and Business Development:

• Identify and report new business opportunities with existing clients
• Develop professional networks and lead bid submissions
• Suggest improvements to procedures, templates, and products
• Participate in external groups, networking, and CPD events

Internal Management:

• Ensure knowledge management and process improvements
• Mentor junior staff and manage projects on D365

REPORTING

A Senior Cost Manager typically reports to an Associate Director, Project Director, or Director.

KEY PERFORMANCE INDICATORS

• Quality and timeliness of commissions
• Service delivery adherence
• Client and team relationships
• Team leadership and development
• Business development success
• Margin and data management

Qualifications

• Ability to work independently
• Self-motivated, proactive, and deadline-oriented
• Chartered status
• Professional demeanor
• Highly organized with good prioritization skills
• Collaborative and relationship-building skills
• Resilient under pressure
• Ability to delegate and develop junior staff

Additional Information

We support our employees' success in work and life through a flexible, healthy, and inclusive environment. Turner & Townsend is committed to diversity and equal opportunity. For more information, visit www.turnerandtownsend.com.

Role may include SOX controls where applicable. Follow our social media channels for updates. Candidates are not required to pay fees; unsolicited resumes are property of Turner & Townsend.