At a Glance
- Tasks: Manage cost for real estate projects from planning to closeout, ensuring budgets align with client needs.
- Company: Join CBRE, the world's largest commercial real estate services firm, with a global presence and diverse clients.
- Benefits: Enjoy a collaborative culture, entrepreneurial mindset, and access to top tools and training in the industry.
- Why this job: Be part of innovative solutions that shape the future of real estate while growing your skills in a supportive environment.
- Qualifications: Bachelor's degree preferred; 5-8 years experience or equivalent education and experience required.
- Other info: We value diverse backgrounds and encourage all to apply, even if you don't meet every requirement.
The predicted salary is between 43200 - 72000 £ per year.
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About the Role:
As a CBRE Cost Management Consultant, you will oversee individual multi-disciplined commercial real estate solutions for small to medium-sized clients with direct accountability for cost management delivery.
This job is part of the Building Consultancy function. They are responsible for specialist building services including surveying, inspections, and planning.
What You\’ll Do:
- Manage all facets of cost management for single real estate projects throughout the planning, design, construction, occupancy, and closeout.
- Assess basic project scope and client needs to develop and present recommended budgets for necessary pre-bid and pre-construction cost estimating and cost planning services.
- Partner with project teams to source and oversee the pre-bid and pre-construction services associated with the development of a project budget and cost plan.
- Work with the client and Project Managers to ensure all work is funded in compliance with the client\’s internal policies.
- Ensure all contracts include required language aligned with lease requirements for the solicitation of all landlord contributions.
- Review and report all bid responses to the client. Include recommendations for items such as allowances, contingencies, and reserves.
- Align cost plan with project master schedule. Establish a strategy to manage cash flows and project accruals and report progress.
- Apply in-depth knowledge of standard principles and techniques/procedures to accomplish complex assignments and provide innovative solutions.
- Coach others and share in-depth knowledge of own job discipline and broad knowledge of several job disciplines within the function.
- Lead by example and model behaviors that are consistent with CBRE RISE values. Work to build consensus and convince others to reach an agreement.
- Impact a range of customer, operational, project, or service activities within own team and other related teams.
- Work within broad guidelines and policies.
- Explain difficult or sensitive information.
What You\’ll Need:
- 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.
- Ability to exercise judgment based on the analysis of multiple sources of information.
- Willingness to take a new perspective on existing solutions.
- In-depth knowledge of Microsoft Office products. Examples include Word, Excel, Outlook, etc.
- Organizational skills with an advanced inquisitive mindset.
- Sophisticated math skills. Ability to calculate mildly complex figures such as percentages, fractions, and other financial-related calculations.
Working at CBRE
When you join CBRE you will have the support and resources of a global firm where an entrepreneurial mind-set is encouraged. You\’ll realize your potential with challenging work, fast-paced assignments, an environment of constant learning and commitment to results. To enable your success, we provide the best tools, training and leaders in the industry.
Our collaborative culture is built on our RISE values and reflects the needs and perspectives of our clients and our people. Our work is guided by our North Star: Creating the real estate solutions of tomorrow, so businesses and people thrive. This informs everything we do-from diversity, equity, and inclusion to sustainability initiatives to workplace safety and wellbeing.
At CBRE, we believe that the more perspectives we have, the more dimensions we see. We welcome people with different backgrounds and experiences across industries to apply for open positions even if you do not match every element of the required skills.
About CBRE
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world\’s largest commercial real estate services and investment firm (based on 2023 revenue). The company has more than 130,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services.
Equal Opportunities
We are an equal opportunities employer and do not discriminate on the grounds of gender, sexual orientation, marital or civil partner status, pregnancy or maternity, gender reassignment, race, colour, nationality, ethnic or national origin, religion or belief, disability or age.
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Contact Detail:
CBRE Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Cost Management
✨Tip Number 1
Familiarise yourself with the latest trends in cost management within the real estate sector. Understanding current market conditions and emerging technologies can give you an edge during discussions with potential employers.
✨Tip Number 2
Network with professionals in the building consultancy field. Attend industry events or join relevant online forums to connect with others who can provide insights or even refer you to opportunities at CBRE.
✨Tip Number 3
Prepare to discuss your experience with project budgeting and cost planning in detail. Be ready to share specific examples of how you've successfully managed costs on previous projects, as this will demonstrate your capability for the role.
✨Tip Number 4
Showcase your proficiency in Microsoft Office, particularly Excel, as it's crucial for cost management roles. Consider brushing up on advanced functions and formulas that can help streamline budgeting processes.
We think you need these skills to ace Senior Cost Management
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in cost management and real estate. Use specific examples from your past roles that demonstrate your ability to manage budgets, oversee projects, and collaborate with teams.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role at CBRE and how your skills align with their needs. Mention your experience with cost estimating and planning, and how you can contribute to their mission of creating innovative real estate solutions.
Showcase Relevant Skills: Highlight your proficiency in Microsoft Office products, especially Excel, as well as your organisational and mathematical skills. Provide examples of how you've used these skills in previous positions to achieve successful outcomes.
Demonstrate Cultural Fit: Research CBRE's RISE values and incorporate them into your application. Show how your personal values align with theirs and how you can contribute to their collaborative culture and commitment to diversity and inclusion.
How to prepare for a job interview at CBRE
✨Showcase Your Cost Management Expertise
Be prepared to discuss your previous experience in cost management, particularly in commercial real estate. Highlight specific projects where you successfully managed budgets and delivered results, as this will demonstrate your capability to handle the responsibilities of the role.
✨Demonstrate Your Analytical Skills
Since the role requires assessing project scopes and developing budgets, be ready to explain how you analyse data and make informed decisions. Bring examples of how you've used financial calculations and analysis to influence project outcomes.
✨Familiarise Yourself with CBRE's Values
Understand CBRE's RISE values and be prepared to discuss how your personal values align with theirs. This will show that you are not only a fit for the role but also for the company culture.
✨Prepare Questions for the Interviewers
Have thoughtful questions ready about the company's approach to cost management and how they support their employees' growth. This shows your interest in the role and helps you assess if the company is the right fit for you.