Cost Manager, Construction

SmartRecruiters, Inc.; New York, Northern (NY, KY); Hybrid; USD 100,000 - 135,000; Full time

Job summary

Turner & Townsend is seeking a Cost Manager and/or Quantity Surveyor to support construction cost services for large-scale commercial and mixed-use projects in the United States. The role covers estimating, reporting, cost control, procurement strategies, and post-contract activities.

The ideal candidate has 3-5 years in cost management in the construction industry, preferably with commercial office, high-rise, or major urban development experience; RICS accreditation is valuable and consultancy

Qualifications

• Bachelor’s degree in construction management, cost management, quantity surveying, engineering or field related to construction.
• 3-5 years of relevant experience working in a cost management role in the construction industry.
• RICS accredited or working towards it is valuable.
• Experience supporting cost management on medium or large sized construction projects, preferably commercial office, high-rise, mixed-use, headquarters, or major urban development projects.
• Construction consultancy experience is strongly preferred.
• Good knowledge of construction industry technical matters, such as different procurement routes, value management, and value engineering.

Responsibilities

• Advising client on strategies, managing prequalification of vendors, assessing proposals, bids, and bid leveling documents, making final recommendations to the client, attending & chairing bid interviews, and managing appointment process.
• Manage estimating services for full project by developing project estimates (relating to construction, fees, direct work and other costs), reviewing estimations prepared by junior team members, presenting estimates to client, presenting value engineering recommendations and risk assessments to client, meeting with vendors to review, validate, and challenge costs, and reviewing estimates by utilizing benchmark data collected from other projects.
• Manage cost reporting by establishing reporting schedule, reviewing & presenting cost reports and forecasts, reviewing project budget & spend forecast with the client, developing & maintaining commercial risk register, and hosting periodic meetings with project team & vendors.
• Manage cost control process by reviewing payment application assessments prepared by junior team members, liaising with project managers to recommend contractor entitlements, reviewing requests for change orders from vendors & making recommendations to client, and using dispute prevention/management/resolution procedures to manage payment requisitions, change orders, and contractual disputes.
• Manage & monitor invoicing process.
• Benchmark performance against other successful commissions.
• Manage all facets of the final accounting process and post contract audits and account close outs.
• Hold post-contract reviews with the client to establish a lesson learned document and apply lessons to create training manual.
• Develop procedures governing handover of project.
• Perform all the duties above through the use/preparation of Bid Analysis Sheets, Change Control Forms, Cost Estimating Software, and Take-off Software.
• SOX control responsibilities may be part of this role, which are to be adhered to where applicable.

Skills

Cost management

Quantity surveying

Bid analysis

Value engineering

Vendor management

Education

Bachelors in construction management

Tools

Estimating software

Take-off software

Bid analysis sheets

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 programs as we turn challenge into opportunity and complexity into success.

Our capabilities include program, 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 program, project and cost management offering in markets around the world.

Job Description

Turner & Townsend are looking for a Cost Manager and/or Quantity Surveyor to join our team and support construction cost services for our clients. This role will support large-scale commercial and mixed-use construction projects, including complex high-rise developments, corporate headquarters, and major urban development programs. The ideal candidate will be driven and promote our Turner & Townsend purpose and values.

• Advising client on strategies, managing prequalification of vendors, assessing proposals, bids, and bid levelling documents, making final recommendations to the client, attending & chairing bid interviews, and managing appointment process.
• Manage estimating services for full project by developing project estimates (relating to construction, fees, direct work and other costs), reviewing estimations prepared by junior team members, presenting estimates to client, presenting value engineering recommendations and risk assessments to client, meeting with vendors to review, validate, and challenge costs, and reviewing estimates by utilizing benchmark data collected from other projects.
• Manage cost reporting by establishing reporting schedule, reviewing & presenting cost reports and forecasts, reviewing project budget & spend forecast with the client, developing & maintaining commercial risk register, and hosting periodic meetings with project team & vendors.
• Manage cost control process by reviewing payment application assessments prepared by junior team members, liaising with project managers to recommend contractor entitlements, reviewing requests for change orders from vendors & making recommendations to client, and using dispute prevention/management/resolution procedures to manage payment requisitions, change orders, and contractual disputes.
• Manage & monitor invoicing process.
• Benchmark performance against other successful commissions.
• Manage all facets of the final accounting process and post contract audits and account close outs.
• Hold post-contract reviews with the client to establish a lesson learned document and apply lessons to create training manual.
• Develop procedures governing handover of project.
• Perform all the duties above through the use/preparation of Bid Analysis Sheets, Change Control Forms, Cost Estimating Software, and Take-off Software.
• SOX control responsibilities may be part of this role, which are to be adhered to where applicable.

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.
• RICS accredited or working towards it is valuable.
• Experience supporting cost management on medium or large sized construction projects, preferably commercial office, high-rise, mixed-use, headquarters, or major urban development projects.
• Construction consultancy experience is strongly preferred.
• Good knowledge of construction industry technical matters, such as different procurement routes, value management, and value engineering.

Additional Information

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

The base salary range for this role is $100K-$135K USD. This range reflects the company's good faith estimate of the base salary for this position at the time of the posting. Final compensation will be determined based on factors including experience, skills, qualifications, and internal equity. In addition to base salary, employees may be eligible for bonuses and a comprehensive benefits package.

Our inspired people share our vision and mission. We provide a great place to work, where each person has the opportunity and voice to affect change.

We want our people to succeed both in work and life. To support this we promote a healthy, productive and flexible working environment that respects work-life balance.

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.

All your information will be kept confidential according to EEO guidelines.