At a Glance
- Tasks: Manage costs for exciting projects in a dynamic financial services environment.
- Company: Join a leading global firm with a collaborative and high-performing culture.
- Benefits: Competitive salary, career growth opportunities, and a chance to work on prestigious projects.
- Other info: Opportunity to transition to a global business entity in 2025.
- Why this job: Make a real impact on complex projects while developing your skills in cost management.
- Qualifications: 5 years of experience preferred, with strong MEP knowledge and analytical skills.
The predicted salary is between 40500 - 49500 £ per year.
About The Role
CBRE Project Management is seeking an experienced
Cost Manager to join our team supporting one of our largest global financial services clients.
Working as part of a dedicated account team, you will play a key role in delivering strategic cost management across a diverse portfolio of projects.
This is a client-facing position with a strong emphasis on pre-construction cost management
, partnering closely with project managers, designers, consultants and stakeholders to influence project outcomes from the earliest stages.
Whilst the role is heavily front-end focused, you will remain involved throughout the full project lifecycle, providing commercial oversight from initial feasibility through to project close-out.
This is an excellent opportunity to work within a collaborative, high-performing team on complex workplace and corporate real estate projects across a prestigious global banking portfolio.
- Pre-Construction
- Provide commercial input into the \"Corporate Services Capital Plan\" (CSCP) for the MEP Asset Replacement across their EMEA Portfolio for the next 5 years
- Produce high level Rough Order of Magnitude budgets using market knowledge and scope provided by CBRE Engineering Team for approval by the client
- Implement Value Management and Value Engineering process' to ensure design is aligning to budge
- Support the project approval process by engaging with the client's finance team to calculate the P&L to determine financially viability
- Lead procurement of project team (Architect, PM, CM, Engineer) and use the in-house procurement system to issue and review RFP's.
Following analysis of the submissions, provide a recommendation to the client.
- Produce Purchase Order and Task Order's for Consultants and General Contractors against existing Framework Agreements liasing with internal stakeholders to ensure compliance and timely approval
- Ad Hoc MEP Support – i. e budgetary advice for cost estimates, producing tender packs as well as reviewing tender returns for MEP specifically
- Post Construction
- Support the Scope Revision process when a material change in Scope is required
- Produce monthly client cost reports using information provided by local cost consultant for presentation to client
- Utilising 'In House' cost reporting system to oversee projects (including change management), ensuring these align with the monthly client cost report
- Review and manage variations
- Review and approve invoices ensuring these are completed in accordance with CBRE's account KPI timescales
- Project Final Account and Close Out within KPI dates to ensure compliance with CBRE's account KPI timescales
- Collate benchmarking information from previous projects to support future Stay v Go Strategies
- Ad Hoc MEP Support – i. e. reviewing variations and budgeting for potential Scope Revisions
- What You'll Need
- Bachelor's Degree preferred with 5 years of relevant experience. In lieu of a degree, a combination of experience and education will be considered.
- At least 3 years of MEP experience
- 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.
- Disclaimer
Please be advised that effective January 1, 2025, CBRE Project Management and Turner &Townsend were consolidated into a single global business entity.
As a candidate applying for a position, you should be aware that while your initial employment may be with CBRE GWS, you will subsequently transfer directly to Turner & Townsend at a date to be determined.
Cost Manager- MEP in London employer: CBRE, Inc.
CBRE is an exceptional employer, offering a dynamic work environment in London where innovation and collaboration thrive. As a Technical Services Manager, you will benefit from a culture that prioritises employee growth through mentorship and training, while also enjoying competitive compensation and comprehensive benefits. Join us to be part of a global leader in commercial real estate services, where your contributions will make a meaningful impact.
StudySmarter Expert Advice🤫
We think this is how you could land Cost Manager- MEP in London
✨Join Construction Networks
Get yourself involved in local construction networks or industry events. They often have job boards, and networking can lead to unadvertised positions. Plus, it’s a great way to meet potential future colleagues!
✨Show Off Your Skills on Site
If you’ve done any hands-on work, whether it's through internships or personal projects, make sure you can showcase it. Consider volunteering for local construction projects or getting involved in community build days; it’s a solid way to demonstrate your skills and build connections.
✨Utilise Construction Job Sites
Don't just rely on the big job boards. Look at niche construction job sites—many companies prioritise these for full-time roles. Apply through these sites, but don’t forget to reach out directly to companies you admire, like CBRE, Inc., to express your interest!
✨Tailor Your Application for Full-Time Roles
Make your application stand out by tailoring it specifically for full-time positions. Highlight how your previous projects align with the company's work. At StudySmarter, we encourage you to demonstrate your commitment and long-term interest in the industry when applying for roles like Cost Manager- MEP at CBRE, Inc..
We think you need these skills to ace Cost Manager- MEP in London
Some tips for your application 🫡
Showcase Your Relevant Experience:In the construction industry, it's essential to highlight any hands-on experience you have. Whether it’s past projects you've worked on or specific roles you've held, make sure your CV emphasises your practical skills and contributions to construction sites.
Include Certifications and Qualifications:Don’t forget to list any certifications relevant to construction, like CSCS cards or other safety qualifications. These can really set you apart from other candidates and show that you’re serious about health and safety on-site.
Tailor Your Cover Letter to Construction:When writing your cover letter for a construction role, focus on your problem-solving capabilities and teamwork. Construction relies heavily on collaboration, so mention how you’ve worked successfully with others to complete projects on time and within budget.
Adapt Your CV Format to the Field:Ensure your CV is clear and easy to read, with sections dedicated to skills such as project management, technical abilities, and site supervision. Construction roles often require a blend of technical know-how and soft skills, so make sure both are highlighted effectively.
How to prepare for a job interview at CBRE, Inc.
✨Brush Up on Technical Knowledge
For a construction role, it's crucial we have a solid grasp of industry standards, safety protocols, and specific tools used on-site. Make sure you're familiar with relevant regulations and can talk confidently about them, as these often come up in interviews.
✨Showcase Your Projects
Since this is a full-time position, be ready to discuss any previous construction projects you've worked on. Bring a portfolio or have detailed descriptions that highlight your role, the challenges you faced, and how you overcame them—this’ll show you’re not just book-smart but also practically savvy.
✨Understand the Team Dynamics
Construction is all about teamwork, so prepare to discuss how you interact with different stakeholders like architects, engineers, and contractors. Maybe think of examples from past experiences to illustrate your ability to communicate and collaborate effectively.
✨Prepare for On-the-Spot Problem Solving
Be ready for some practical questions or scenarios where you'll need to demonstrate your problem-solving skills. Interviewers might present you with a hypothetical construction issue to solve, so practice articulating your thought process clearly and logically—this could really set you apart!
