Senior Cost Controller

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

Job summary

Turner & Townsend in Chicago, IL, is seeking a Senior Cost Controller to lead cost control activities on medium to large construction projects. You will implement cost systems, manage budgets, forecasts and cash flows, and support decision making with detailed cost data.

Qualifications include a Bachelor's degree in a construction-related field and at least five years in cost management for construction. SAP and PMIS experience are highly desirable.

Qualifications

• Bachelor’s degree in construction management, cost management, quantity surveying, Enginering or related construction field.
• Minimum 5 years of cost management experience in the construction industry.
• Experience supporting cost management on medium or large construction projects.
• Construction consultancy experience is strongly preferred.
• Good knowledge of procurement routes, value management, and value engineering.

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: Life Sciences projects or similar preferred but not required.

Skills

Cost management

Education

Bachelor’s degree in construction management

Tools

SAP

Contruent/Prism

Ecosys PMIS

Job description

Turner & Townsend is a global professional services company with over22,000 peoplein more than 60 countries.

Working with our clients across real estate, infrastructure,energyand 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 andprogrammesas we turn challenge into opportunity and complexity into success.

Our capabilities includeprogramme, 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 estateservices and investment firm, with our partners holding a significant minority interest. Turner & Townsend and CBRE work together to provide clients with the premierprogramme, project and cost management offering in markets around the world.

Job Description

As a Senior 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 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.

Additional Information

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

Turner & Townsend is an Aff

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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Any unsolicited resumes/CVs submitted through our website or to Turner & Townsend personal e-mail accounts, are considered property ofTurner & Townsend and arenot subject to payment of agency fees. In order to be an authorised Recruitment Agency/Search Firm for Turner & Townsend, there must be a formal written agreement in place and the agency must be invited, by the Recruitment Team,to submit candidates for review.