Cost Manager, Construction

Turner & Townsend; United States; On-site; USD 100,000 - 135,000; Full time

Job summary

Turner & Townsend seeks a Cost Manager to join our team in the United States to support construction cost services for a diverse client portfolio, including new facilities, modernization programs and retrofit initiatives.

The ideal candidate has 3–5 years of cost management experience in construction, with value engineering and procurement knowledge. On-site presence may be required, with a comprehensive benefits package and opportunities for career growth.

Qualifications

• Bachelor's degree in construction-related field.
• Minimum 3–5 years of relevant cost management experience in construction.
• RICS accreditation is valuable but not mandatory.
• Experience supporting cost management on medium/large building projects; consultancy preferred.
• Knowledge of procurement routes, value management and value engineering.

Responsibilities

• Advise client on strategies; manage vendor prequalification; assess proposals, bids and bid leveling; chair bid interviews; manage appointment process.
• Develop project estimates including construction costs, fees and direct costs; review estimates; present to client; provide VE and risk assessments.
• Establish cost reporting schedule; review cost reports and forecasts; manage budgets and spend with client; maintain commercial risk register.
• Oversee cost control processes; review change orders and payment applications; advise on contractor entitlements and dispute resolution.
• Oversee invoicing process; benchmark performance; conduct final accounting and post-contract reviews.
• Develop handover procedures and training materials.

Education

Bachelor's degree in construction management, cost management, quantity surveying, engineering or field related to construction

Job description

Job Description

Turner & Townsend are looking for a Cost Manager to join our team and support construction cost services for our clients. This role will support a diverse portfolio of building construction, renovation, and capital improvement projects, including new facility development, modernization programs, and complex retrofit initiatives. 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 material.
• 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 building construction, renovation, retrofit, or capital improvement 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.