Associate Cost Manager

Associate Cost Manager

Hitchin Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Manage project costs, monitor budgets, and collaborate with teams to ensure successful project delivery.
  • Company: Join Turner & Townsend, a global leader in professional services with over 22,000 employees worldwide.
  • Benefits: Enjoy a flexible working environment that promotes work-life balance and personal growth.
  • Why this job: Be part of impactful infrastructure projects that improve lives while developing your career in a supportive culture.
  • Qualifications: Experience in cost management, preferably with MRICS and NEC3 contracts, is essential.
  • Other info: Diversity and inclusion are at our core; we welcome applicants from all backgrounds.

The predicted salary is between 43200 - 72000 £ per year.

This job is brought to you by Jobs/Redefined, the UK\’s leading over-50s age inclusive jobs board.

Company 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.
Please visit our website: www.turnerandtownsend.com

Job Description

Turner & Townsend is one of the leading consultancy providers to the Infrastructure sector, we are looking to recruit an Associate Cost Manager / Commercial Manager for our prestigious infrastructure-based projects.

As an experienced individual you will come with a wealth of experience in cost management ready to apply your existing knowledge in a new and dynamic environment. We are looking for a candidate comfortable in having challenging conversations with a consultative approach that can bring the best out of their team and client.

MAIN PURPOSE OF ROLE:

  • Establishing friendly, professional and appropriate relationships with clients, colleagues and other parties involved in the projects and programmes we support.
  • Administering a variety of contracts in accordance with project objectives and policies.
  • Providing accurate project cost monitoring, forecasting and reporting to completion in line with budget.
  • Pro-actively monitoring and managing cost variance and contract cash flow and ensuring that applications are made correctly and in a timely manner.
  • Collaborating with client and contractor teams to manage the delivery of project deliverables, KPIs, and objectives, including programme performance, cost control, and value engineering.
  • Managing contract change effectively, ensuring that projects remain within governance and adopt best practice.
  • Driving improvements in the accuracy of forecasts and budgets.
  • Proactively providing sound commercial knowledge and support to all stakeholders.
  • Ensuring that final accounts are negotiated and agreed.
  • Leading people and commissions as needed.

Qualifications

  • Proven Cost / Commercial Management experience
  • Preferably MRICS
  • NEC3 contracts (in particular Option C – Target Cost)
  • Post contract administration
  • Experience of working on Major Programmes and Projects
  • Experience of working on Infrastructure project (Rail, air, marine/ports, utilities highways)
  • Experience in leading and managing teams

Additional Information

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.

Please find out more about us at www.turnerandtownsend.com/

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SOX control responsibilities may be part of this role, which are to be adhered to where applicable.

Join our social media conversations for more information about Turner & Townsend and our exciting future projects:

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It is strictly against Turner & Townsend policy for candidates to pay any fee in relation to our recruitment process. No recruitment agency working with Turner & Townsend will ask candidates to pay a fee at any time.

Any unsolicited resumes/CVs submitted through our website or to Turner & Townsend personal e-mail accounts, are considered property of Turner & Townsend and are not 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.

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Associate Cost Manager employer: Turner & Townsend

Turner & Townsend is an exceptional employer, offering a dynamic and inclusive work environment where employees are empowered to make a meaningful impact on prestigious infrastructure projects. With a strong focus on professional development, work-life balance, and collaboration, the company fosters a culture of innovation and support, ensuring that every team member can thrive and contribute to transformative outcomes in the real estate and infrastructure sectors.
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Contact Detail:

Turner & Townsend Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Associate Cost Manager

✨Tip Number 1

Familiarise yourself with NEC3 contracts, especially Option C - Target Cost. Understanding the nuances of these contracts will not only boost your confidence during interviews but also demonstrate your expertise in cost management.

✨Tip Number 2

Network with professionals in the infrastructure sector. Attend industry events or join relevant online forums to connect with others who work at Turner & Townsend or similar companies. This can provide you with insider knowledge and potentially a referral.

✨Tip Number 3

Prepare to discuss your experience with major programmes and projects. Be ready to share specific examples of how you've managed costs, handled contract changes, and led teams effectively in previous roles.

✨Tip Number 4

Research Turner & Townsend's recent projects and initiatives in the infrastructure sector. Being knowledgeable about their work will help you tailor your conversation during interviews and show your genuine interest in joining their team.

We think you need these skills to ace Associate Cost Manager

Cost Management
Commercial Awareness
Contract Administration
Project Cost Monitoring
Forecasting and Reporting
Cost Variance Management
Cash Flow Management
Stakeholder Collaboration
KPI Management
Value Engineering
Change Management
Negotiation Skills
Team Leadership
Experience with NEC3 Contracts
Knowledge of Infrastructure Projects

Some tips for your application 🫡

Understand the Role: Before applying, make sure you fully understand the responsibilities and qualifications required for the Associate Cost Manager position. Tailor your application to highlight relevant experience in cost management and infrastructure projects.

Craft a Strong CV: Your CV should clearly outline your experience in cost management, particularly with NEC3 contracts and major infrastructure projects. Use bullet points to make it easy to read and ensure it reflects your achievements and skills relevant to the role.

Write a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Highlight specific experiences that demonstrate your ability to manage costs effectively and lead teams. Make sure to mention your consultative approach and how it aligns with Turner & Townsend's values.

Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a role in cost management.

How to prepare for a job interview at Turner & Townsend

✨Know Your Cost Management Fundamentals

Brush up on your cost management principles, especially those related to NEC3 contracts and target costing. Be prepared to discuss how you've applied these in past projects, as this will demonstrate your expertise and readiness for the role.

✨Showcase Your Communication Skills

Since the role involves having challenging conversations, practice articulating your thoughts clearly and confidently. Think of examples where you've successfully navigated difficult discussions with clients or team members, highlighting your consultative approach.

✨Demonstrate Team Leadership Experience

Prepare to talk about your experience in leading teams and managing commissions. Share specific instances where you motivated your team to achieve project goals, as this will show your capability to drive performance and collaboration.

✨Understand the Company Culture

Familiarise yourself with Turner & Townsend's values and mission. During the interview, express how your personal values align with theirs, particularly regarding inclusivity and work-life balance, to show that you're a good cultural fit.

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