Construction Project Cost Governance & Cost Management Leader

CBRE; Hagåtña Municipality (GU); Remote; USD 130,000 - 160,000; Full time

Job summary

A leading global project management firm is seeking a Project Cost Governance & Cost Management Leader to oversee project cost management for a dedicated client. You will lead and mentor a team, establish departmental strategies, and manage all facets of cost management. The ideal candidate will have extensive experience in project cost management, proven leadership skills, and a Bachelor's degree. This position offers a competitive salary and comprehensive benefits.

Benefits

401(K)

Dental insurance

Health insurance

Life insurance

Vision insurance

Qualifications

• 5-8 years of relevant experience in project cost management.
• Proven experience in project cost governance.
• Experience in staffing, training, and performance appraisals.

Responsibilities

• Manage Project Cost Management and Cost Management Governance.
• Coordinate daily activities and mentor team members.
• Lead cost management for multiple projects from conception to completion.

Skills

Project Cost Management

Leadership

Communication

Organizational skills

Microsoft Office

Education

Bachelor's Degree

Job description

Overview

Construction Project Cost Governance & Cost Management Leader

Job ID 225618

Location(s): Indianapolis - Indiana - United States of America, Remote - US - Remote - US - United States of America

Role type: Full-time • Areas of Interest: Construction, Project Management, Quantity Surveying

As a Project Cost Governance & Cost Management Leader, you will manage Project Cost Management, Cost Management Governance and execution for a dedicated Life Sciences client with direct accountability for cost delivery. The preferred candidate will have a proven track record and experience with project cost management and overall cost management governance as well as the ability to lead and manage others.

What You’ll Do

• Coordinate and manage the team’s daily activities. Establish work schedules, assign tasks, and cross-train staff. Set and track staff and department deadlines. Mentor and coach as needed.
• Establish a departmental strategy to manage cash flows, project accruals, and report progress.
• Act as point of contact for project managers and the leasing team to estimate costs associated with the lease.
• Oversee the administration associated with funding all project work. Promote proactive creation and submission of funding documents. Ensure project work follows internal funding policies.
• Apply a broad knowledge of the business, own discipline, and how own discipline integrates with others to achieve team and departmental objectives.
• Lead by example and model behaviors that are consistent with company values. Influence others to adopt a different point of view while being guided by policies and departmental plans.
• Identify and solve technical and operational problems of complexity.
• Understand and recognize the broader impact across the department.
• Improve and change existing methods, processes, and standards within the job discipline.
• Manage all facets of cost management for multiple projects from conception to completion.
• Assess complex project scopes to develop and present recommended budgets for necessary pre-bid and pre-construction cost estimating and cost planning services.
• Partner with large project teams to source and oversee the pre-bid and pre-construction services for the development of a project budget and cost plan. Work with T&T cost management to support peer reviews.
• Align cost plan with project master schedule. Establish a strategy to manage cash flows and project accruals and report progress.
• Review existing processes, cost benchmark data, procedures and platforms used and identify improvements.
• Develop program-wide Commercial Management strategy and playbook.
• Establish project process standards including budgets, cash flows, reporting templates, governance requirements, risk assessment and mitigation planning templates.
• Develop specific Work Breakdown Structure (WBS) and establish reporting suite.
• Prepare and manage the annual capital planning process for your client, capturing all known project demand. Develop prioritization matrix for assessing the importance of planned projects.
• Identify opportunities to digitize and automate commercial processes through workflows and the use of a technology platform.
• Provide formal supervision to employees. Monitor the training and development of staff. Conduct performance evaluations and coaching. Oversee the recruiting and hiring of new employees.
• Coach others to develop in-depth knowledge and expertise in most or all areas within the function.
• Other duties as assigned.

What You’ll Need

Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future.

• Bachelor's Degree preferred with 5-8 years of relevant experience. In lieu of a degree, a combination of experience and education will be considered. LEED AP, BCA ACP, OSHA 10-hour Construction Safety certification are a plus.

• Proven experience in Project Cost Management and Project Cost Governance is strongly desired.

• Experience in staffing, selection, training, development, coaching, mentoring, measuring, appraising, and rewarding performance and retention is preferred.

• Ability to lead the exchange of sensitive, complicated, and difficult information, convey performance expectations and handle problems.

• Leadership skills to motivate the team to achieve broad operational targets with impacts on own job discipline, multiple job disciplines, and department.

• In-depth knowledge of Microsoft Office products (Word, Excel, Outlook, etc.).

• Extensive organizational skills and an advanced inquisitive mindset.

• Intermediate math skills. Ability to calculate complicated figures such as percentages, fractions, and other financial-related calculations.

• May require travel to client’s offices and/or project sites.

Disclaimer

Please be advised that effective January 1, 2025, CBRE Project Management and Turner &Townsend were consolidated into a single global business entity. As a candidate applying for a position, you should be aware that while your initial employment may be with Turner & Townsend PJM US LLC, you will subsequently transfer directly to Turner & Townsend at a date to be determined.

Turner & Townsend carefully considers multiple factors to determine compensation, including a candidate’s education, training, and experience. The minimum salary for this position is $130,000 annually and the maximum salary for this position is $160,000 annually. The compensation that is offered to a successful candidate will depend on the candidate’s skills, qualifications, and experience. Successful candidates will also be eligible for a discretionary bonus based on Turner & Townsend’s applicable benefit program. This role will provide the following benefits: 401(K), Dental insurance, Health insurance, Life insurance, and Vision insurance.

Equal Employment Opportunity: CBRE has a long-standing commitment to providing equal employment opportunity to all qualified applicants regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, pregnancy, age, citizenship, marital status, disability, veteran status, political belief, or any other basis protected by applicable law.

Candidate Accommodations: CBRE values the differences of all current and prospective employees and recognizes how every employee contributes to our company’s success. CBRE provides reasonable accommodations in job application procedures for individuals with disabilities. If you require assistance due to a disability in the application or recruitment process, please submit a request via email at [e-mail] or via telephone at [phone] (U.S.) and [phone] (Canada).

CBRE, Inc. is an Equal Opportunity and Affirmative Action Employer (Women/Minorities/Persons with Disabilities/US Veterans)