Cost Controller

Turner & Townsend; Chicago (IL); On-site; USD 120,000 - 140,000; Full time

Job summary

Turner & Townsend in Chicago seeks a Cost Controller to manage cost control systems, budgets, forecasts, and project reporting for complex projects. You will support cost estimates, risk analysis, and cash flow with strong data skills and SOX adherence.

Ideal candidates have 3–5 years in cost management within construction, with experience on large projects. On-site role with collaboration across disciplines; salary ranges quoted and client standards apply.

Qualifications

• Bachelor’s degree in construction management, cost management, quantity surveying, engineering or field related to construction.
• Minimum 3-5 years of relevant experience working in a cost management role in the construction industry.
• Experience supporting cost management on medium or large sized construction projects.
• Construction consultancy experience is strongly preferred.
• Good knowledge of construction industry technical matters, such as different procurement routes, value management, and value engineering.
• Strong communication skills.

Responsibilities

• Implement, administer and maintain cost control system and procedures to track project budgets, commitments, expenditures and forecasts for projects of medium complexity and value.
• Assist in the preparation and review of cost estimates.
• Provide cost information to support decision and alternative selection.
• Evaluate and analyze fee proposals / bids and provide recommendation for decision making.
• Provide forecasts and cash flow analysis.
• Maintain and manage the cost report and provide regular updates on financial position.
• Assist in developing reporting tracking tools and generating cost reports on a regular basis, including evaluation of earned value.
• Build intricate spreadsheets to enable fast and accurate data manipulation of large datasets.
• Extract data from several sources, transforming it to fit operational needs.
• Reconcile data to support complete accuracy and create a clean audit trail.
• SOX control responsibilities may be part of this role, which are to be adhered to where applicable
• Operate Project Controls software by developing WBS, uploading financial data from SAP, and updating forecast based on inputs from various project stakeholders; Produce monthly cost report packages for multiple projects
• Develop/manage effective Work Breakdown Structure that meets each project needs while adhering to client standards.
• Review contractor work progress submissions and invoices to ensure consistency with approved forecasts and budgets
• Use existing Client SAP reports as a tool to gather data for cost reporting (actuals and commitments).
• Manage/maintain Project Change Logs and provide reporting
• Update the project cash flow in the Client portfolio management system
• Review and participate with the design services team and construction manager, in the development of the cost estimates.
• Market sector experience: Experience working on large-scale Life Sciences projects or similar preferred but not required.
• Project/program size in dollar value: Ranging from $100k to $50M+
• Software specific requirements: Experience of using project controls tools (such as Contruent/Prism or Ecosys) or PMIS highly desirable
• Certification requirements: Relevant industry certification preferred

Skills

Cost control

Budgeting

Forecasting

Data extraction

Strong communication

SOX control

Education

Bachelor's degree in construction management

Tools

SAP

Contruent/Prism

Ecosys

PMIS

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.



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.



Job Description

Cost Controller, you will be involved with:

• Implement, administer and maintain cost control system and procedures to track project budgets, commitments, expenditures and forecasts for projects of medium complexity and value
• Assist in the preparation and review of cost estimates
• Provide cost information to support decision and alternative selection
• Evaluate and analyze fee proposals / bids and provide recommendation for decision making
• Provide forecasts and cash flow analysis
• Maintain and manage the cost report and provide regular updates on financial position.
• Assist in the development, validation and maintenance of the project schedule.
• Assist in developing reporting tracking tools and generating cost reports on a regular basis, including evaluation of earned value.
• Build intricate spreadsheets to enable fast and accurate data manipulation of large datasets.
• Extract data from several sources, transforming it to fit operational needs.
• Reconcile data to support complete accuracy and create a clean audit trail.
• SOX control responsibilities may be part of this role, which are to be adhered to where applicable

Project/Program specific responsibilities:

• Operate Project Controls software by developing WBS, uploading financial data from SAP, and updating forecast based on inputs from various project stakeholders; Produce monthly cost report packages for multiple projects
• Develop/manage effective Work Breakdown Structure that meets each project needs while adhering to client standards.
• Review contractor work progress submissions and invoices to ensure consistency with approved forecasts and budgets
• Use existing Client SAP reports as a tool to gather data for cost reporting (actuals and commitments).
• Manage/maintain Project Change Logs and provide reporting
• Update the project cash flow in the Client portfolio management system
• Review and participate with the design services team and construction manager, in the development of the cost estimates.
• Market sector experience: Experience working on large-scale Life Sciences projects or similar preferred but not required.
• Project/program size in dollar value: Ranging from $100k to $50M+
• Software specific requirements: Experience of using project controls tools (such as Contruent/Prism or Ecosys) or PMIS highly desirable
• Certification requirements: Relevant industry certification preferred
  
  

Qualifications

• Bachelor’s degree in construction management, cost management, quantity surveying, engineering or field related to construction.
• Minimum 3-5 years of relevant experience working in a cost management role in the construction industry.
  
  

• Experience supporting cost management on medium or large sized construction projects.
  
  

• Construction consultancy experience is strongly preferred.
  
  

• Good knowledge of construction industry technical matters, such as different procurement routes, value management, and value engineering.
  
  

• Strong communication skills.
  
  
  
  

Additional Information

*On-site presence and requirements may change depending on our client's needs*

Turner & Townsend is an Affirmative Action and Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability. Equal Employment Opportunity Posters If you’d like to view a copy of the company’s affirmative action plan, please email [e-mail]. If you are an individual with a disability and would like to request a reasonable accommodation as part of the employment selection process, please contact the Human Resources Department at 713-457-9400 or [e-mail]. This telephone line and email address is reserved solely for job seekers with disabilities requesting accessibility assistance or an accommodation in the job application process. Please do not call about the status of your job application if you do not require accessibility assistance or an accommodation. Messages left for other purposes, such as following up on an application or non-disability related technical issues, will not receive a response.

Turner & Townsend carefully considers multiple factors to determine compensation, including a candidate’s education, training, and experience. The minimum salary for the cost controller position is $120,000 annually and the maximum salary for the cost controller position is $140,000. The compensation that is offered to a successful candidate will depend on the candidate’s skills, qualifications, and experience.

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